We’ll rarely have an individual give us a call and say that they’ve been diagnosed with bone marrow failure. Instead, they may say that they have a pre-existing medical condition that led to them to “experience” bone marrow failure as a symptom of some other “larger” medical condition.
That being said however…
When it comes to underwriting a life insurance application, many life insurance companies will often consider bone marrow failure as its own medical condition and/or combine the term with bone marrow suppression, which will really complicate the application process.
And while you may think…
If someone was diagnosed with a medical condition which caused their bone marrow to stop functioning properly, there would be very little chance of them being able to qualify for term or whole life insurance requiring an exam.
The truth is, in a few situations, provided that the applicant has made a full recovery from the condition that caused their bone marrow to fail, and at least one year has passed since they recovered from their condition, applicants with a history of bone marrow failure can become eligible for a “rated” life insurance policy.
About Bone Marrow Failure and Bone Marrow Suppression.
Bone marrow failure is defined as a medical condition where ones’ bone marrow is unable to produce enough healthy blood cells to maintain the body’s needs. Conditions that can cause one to suffer from bone marrow failure can include:
- Aplastic anemia.
- Paraoxysmal nocturnal hemoglobinuria (PNH)
- And Myelodysplastic syndromes.
Now what we can tell you about this list of medical conditions without going into too much detail is that they’re all pretty “serious”. And as a result, if you’ve been diagnosed with any one of these, there is a very good chance that you will not be eligible for a traditional term or whole life insurance policy.
In most cases like these (excluding some less aggressive myelodysplastic syndromes), clients may find it necessary to pursue a guaranteed issue life insurance policy that won’t require the applicant to take a medical exam or answer any health related questions in order to qualify, simply because they will not be eligible for any type of life insurance policy which would require them to “medically” qualify.
That being said however…
If you are able to document that you no longer suffer from complete bone marrow failure and show that you have maintained your health for at least one full year since your disease, it never hurts to reach out to us so that we can double check and see if you would qualify for traditional term or whole life or perhaps simplified issue life insurance.
Bone Marrow Suppression vs Bone Marrow Failure.
While complete bone marrow failure is usually limited to just a few medical conditions, bone marrow suppression can be the result of a great many conditions including the use of many commonly prescribed medications.
Which again brings us back…
To what we originally said:
“We don’t often have folks tell us that they suffer from bone marrow failure or a suppressed bone marrow disease, rather we’ll be told that they suffer from some specific medical condition that may or may not have completely shut down their bone marrow production”.
So where does this leave us?
At the end of the day, insurance companies generally underwrite their life insurance policies based on actual “medical conditions” not so much “symptoms”. This is why you may find that the underwriting guidelines for a particular insurance company may “say” that they will be willing to ensure someone who has suffered from bone marrow failure provided that they have made a full recovery and are healthy one year later….
But the truth is…
This will only be the case if the “CAUSAL” pre-existing medical condition which led to the patient’s bone marrow failing, is a condition in which the insurance company are willing to insure!
And that’s where things can become really complicated.
Now let us assure you that we have done our very best to not confuse you in this article but to be honest with you, bone marrow failure is one of those conditions that’s just “naturally confusing” when it comes to applying for life insurance coverage.
What we can tell you, is that we here at TermLife2Go, we work with dozens of different life insurance companies and really only have one goal in mind, which is to help you find the best life insurance that you can qualify for.
So, if you been told that you have total bone marrow failure or you’ve suffered from suppressed bone marrow in the past, give us a call, you’ve got nothing to lose and we promise we’ll do our very best to help you out!
So, what are you waiting for? Give us a call today or visit our Term Life Insurance Quotes page and see what we can do for you!
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