Even though Poliomyelitis (AKA) polio has almost been entirely eradicated within the United States, (there has only been one new case in the USA in the last 17 years!), it was once a big thing and not all of our clients here at TermLife2Go were born and raised in the United States!
It is true that we don’t see a ton of poliomyelitis cases, on occasion one will arise every now and then, which is why we’ve chosen to write this article detailing what the “process” of applying for a traditional term or whole life insurance policy will look like for those who have been diagnosed with a pre-existing medical condition like poliomyelitis.
And for those…
Who are too young to understand, it’s important to understand that back in the 1950’s and early 1960s, there were tens of thousands of new cases of polio every year! So, it’s not as though there are 1000’s of cases out there! So, if your one of those people who had polio “back in the day”, don’t fret, were here to help.
Now in order to best…
Help our clients, we always like to start in the beginning and briefly define the pre-existing medical condition that we working with and discuss why insurance companies are so worried about it.
So… What is Poliomyelitis?
Poliomyelitis is a contagious virus which can severely damage the nervous system. It’s most likely to be contracted by children who are under the age of five. Luckily, there is a vaccine which has almost entirely eliminated the presence of polio in the United States and most developed countries. However, there are many senior citizens who may have contracted the virus as a child.
Types of Polio:
Non-paralytic Polio .
This is a disease similar to the flu. Luckily, the symptoms usually only last up to 10 days and then go away. Another name for this is abortive polio.
Qualifying for Life Insurance with Non-Paralytic Polio.
Yes! It’s possible to get whole or term life even after non-paralytic polio.
- Be totally recovered from polio,
- Show no residual symptoms,
- Have no evidence of Post-Polio Syndrome,
If this is describes you, then your “polio” shouldn’t “disqualify” from being able to qualify for a traditional term or whole life insurance policy due to polio.
Possible Rate: With this medical history, you may even qualify for a preferred rate. You may even be able to qualify for a no medical exam life insurance policy as well.
Remember: You will still have to prove that you are in otherwise good health. Polio is one of many hurdles you will have to go over before you qualify for a life insurance policy – all of which will impact the rate!
Mild-moderate Residuals (possible signs of Post-Polio Syndrome).
PPS symptoms include things like muscle pain, breathing problems, sleep apnea, general weakness and more. These symptoms can creep up on you up to 40 years after having polio!
Possible Rate: If a doctor has identified your symptoms as Post polio syndrome, you will no longer be eligible for preferred or standard rates for life insurance. Instead, you will get a rate of Table A-C. Any signs that can be considered more than moderate could drop your rate even lower or even disqualify you.
The most severe case of polio is known as paralytic polio. In this, the nervous system is damaged and a person can suffer severe symptoms after the initial stage of flu-like symptoms. Some damage can include:
- Limb deformity,
- Severe muscle spasms or pain,
- Paralysis in some parts of the body,
Paralytic Polio is far more likely to show permanent damage and/or residual effects. If you had paralytic polio, your best bet is Table D. More likely, though, you’re going to get disqualified.
When you’re not eligible or term or whole life insurance.
You can still get life insurance to cover your final expenses. Even if you are disqualified, you have the option of getting a guaranteed issue life insurance policy. As the name suggests, no matter how bad your polio is, you will qualify.
Guaranteed issue life insurance doesn’t offer as much coverage. It is intended to cover final expenses and not much more. Also, guaranteed issue life insurance works on a graded death benefit for the first two to three years depending on which insurance carrier you choose.
Finding the Life Insurance Company That’s Right For YOU!
If you had polio as a child and you’re reading this article, you’re probably waiting for the part where we tell you the best life insurance company for people who have had polio. Unfortunately, there is no quick answer when it comes to identifying “the right” life insurance company for a disease.
As mentioned earlier, there are many things that will be considered when you apply for life insurance. The severity (or non-existence) or your Post-polio syndrome symptoms is just the beginning. Other things will also impact your rates, and so, when recommending a life insurance company, it’s really of no use to tell you the best life insurance company for polio if something else is going to have a bigger influence on your eligibility and rate.
The best thing you can do if you’re applying for life insurance after polio, is to call TermLife2Go! We’ll help you find a life insurance company that works for your needs, your life, and your budget! We never push our customers to buy a life insurance policy that’s not right for them – we don’t have to! We work with dozens of life insurance companies and thus, can recommend one that really is right for you.
So, what are you waiting for? Give us a call today or visit our Online Life Insurance Quotes page and see what we can do for you!