Now we have to admit that we don’t often have folks ask us specifically about whether or not they will be able to qualify for a traditional term or whole life insurance policy if they suffer from hematemesis.
We have had people bring it up with us in the past, we figured we just take a moment or two so that we can shed some light on what the process of applying for life insurance will look like if you are currently suffering from or experiencing hematemesis.
Now the last thing…
That we want to do is give anyone the wrong impression that they will be able to qualify for a traditional term or whole life insurance policy while suffering from hematemesis. After all, hematemesis is the term used for vomiting blood!
But before we…
Make a definitive assumption about how a life insurance company will respond to the fact that you have hematemesis, we should first look at exactly what hematemesis is and what pre-existing medical conditions could lead you to suffer from it.
So… what is hematemesis?
As we stated before, hematemesis is the medical term used for vomiting blood. It can be cause by a variety of conditions including:
- Mallory-Weiss syndrome,
- Esophagitis and gastroesophageal reflux,
- Esophageal varices,
- And ulcers,
Just to name a few of the conditions that could cause one to suffer from hematemesis.
Now we should…
Point out that within this brief list of medical conditions which could cause you to suffer from hematemesis, we have included some conditions which are easily “insurable” if well under control but here lies the problem.
If you’re currently suffering from hematemesis, you either have a not so serious medical condition that is “seriously” out of control, or you have a serious medical condition which is causing you to suffer from some serious symptoms.
In either case…
Most, if not all, life insurance companies are going to deny or postpone your life insurance application if you are applying for a traditional term or whole life insurance policy.
Now this is where…
We usually like to remind folks that we here at TermLife2Go are not medical professions, and we’re certainly not doctors! So, if you have any specific medical questions that you would like to ask about your hematemesis, we’re certainly not the ones you want to talk too!
Here at TermLife2Go, all we are is a bunch of life insurance agents who just happen to be really good at helping folk with pre-existing medical conditions like hematemesis qualify for a quality life insurance product. So, if all you’re looking for is help finding a life insurance policy that will insure you, well then… Keep on reading!
Qualifying for life insurance with hematemesis.
Now when it comes to qualifying for life insurance with hematemesis there is two questions we need to ask right away:
“Why do you have hematemesis?”
“Do you anticipate this condition improving any time soon?”
If you have hematemesis that is caused by a condition that can be treated and resolved, there’s a really good chance that once your hematemesis has ceased, you may become eligible for a traditional term or whole life insurance policy. In fact, you may even be able to qualify for a Preferred rate.
But we didn’t…
Write this article for folks who suffer from hematemesis that can be easily treated. We chose to write this article to try to help those who suffer from a condition which is causing them to experience hematemesis and don’t expect it to improve any time soon.
Will probably already have been told that they can’t qualify for a traditional term or whole life insurance policy and in some cases, may have been told that they can’t qualify for any life insurance at all!
And while this…
May be true, we here at TermLife2Go want to be sure that anyone who has been diagnosed with hematemesis has exhausted all possible options before giving up which is why we want to just take a moment to introduce two different types of insurance policies that may be an option for someone who is currently suffering from hematemesis.
Accidental Death Insurance and Guaranteed Issue Life Insurance Policies.
Accidental death insurance and guaranteed issue life insurance policies are two different insurance policies individuals can purchase that won’t require one to be able to “medically” qualify for them.
Which means that…
Regardless of how “healthy” or “unhealthy” you are, you should be able to qualify for these types of insurance products assuming that you are:
- A US citizen,
- You meet the minimum age requirements,
- And you live in a state where these “types” of life insurance policies are available.
Now in this article…
We don’t want to spend a ton of time discussing exactly what Accidental Death Policies are, (even though we feel that they have “value” in certain situations) because we know that most of our clients aren’t looking for an “ACCIDENT” insurance policy, they’re looking for a “LIFE” insurance policy!
So, if you are interested in pursuing an accidental death policy or would simply like to learn more about how they work, feel free to check out this article: Accidental Death Insurance, Pros-Cons or simply give us a call and we’d be happy to help you out!
With that said, let’s now turn our attention to Guaranteed Life Insurance Policies.
Guaranteed Issue Life Insurance Policies.
Now as we stated early, guaranteed issue life insurance life policies are life insurance policies that you don’t have to be healthy to qualify for. In fact, guaranteed issue life insurance policies aren’t going to ask you any medical questions or require you to take a medical exam.
There really are only three things that are going to matter when it comes time to purchasing a guaranteed issue life insurance policy:
- Are you a US citizen?
- Do you live in a state where guaranteed issue life insurance policies are offered?
- And do you meet the minimum age requirements for applying?
If you meet these three criteria, you should “theoretically” be eligible.
But just because…
You can purchase a guaranteed issue life insurance policy doesn’t mean that you should purchase a guaranteed issue life insurance policy. You see, these “types” of life insurance policies will have their potential disadvantages that you should be aware which include:
- Low policy limits.
- A “bit” pricey for the amount of coverage being purchased.
- And guaranteed issue life insurance policies will contain a graded death benefit which will place limitations on when your life insurance policy will begin covering your for “natural” causes of death.
Now we know…
That we’ve gone over a ton of information here, and we certainly don’t expect you to become an expert on anything that we’ve mentioned, all we hope is that after reading this article you have a better understanding that even though you’ve been diagnosed with Kaposi’s sarcoma, you still may be eligible for insurance and that with the help of an insurance brokerage like TermLife2Go, finding that coverage shouldn’t be impossible!
So, what are you waiting for? Give us a call today or visit our Life Insurance Quotes page and see what we can do for you!
Because we’ve been doing this awhile here at TermLife2Go, we know that a lot of times when you suffer from a condition like Kaposi’s sarcoma, you’re not really able to work and may not have a ton of discretionary income, especially if you’re currently receiving SSI disability.
This is why…
We’ve chosen also to write an article The Best Money Making Apps to help those who may not be able to actually go to work every day find ways that they can make money from home, on their own time.
Now will you end up using this money to help finance a life insurance policy?
Who knows, but our ultimate goal here at TermLife2Go is to help improve the financial security of our clients so it is our hope that this article and our Best Money Making Apps article helps you do this.
Leave a Comment