Cranial arteritis is one of those pre-existing conditions which, as a life insurance agent, you’re not going to encounter all that often. But this doesn’t mean that there aren’t a lot folks out there who’ve been diagnosed with cranial arteritis.
In fact, nearly 200,000 individuals each and every year will be diagnosed with cranial arteritis.
Which leads us to believe…
That they’re probably are a lot of individuals out there that are applying for life insurance and simply aren’t mentioning that they have been diagnosed with cranial arteritis on their life insurance application.
Or at the very least…
They’re failing to mention it during the initial part of their life insurance application which will be completed with your life insurance agent.
Now we don’t want to imply or suggest that people are purposely failing to disclose the fact that they’ve been diagnosed with cranial arteritis, we simply believe it’s more of a case that either these individuals simply aren’t remembering to mention it or they feel that the condition isn’t “significant” enough to be mentioned (this happens all the time!).
In either case…
We can tell you right now that insurance underwriters will be interested in learning more about your cranial arteritis diagnosis and chances are, if you fail to mention that you have been diagnosed with cranial arteritis during your life insurance application, the prescription steroids that you will have been prescribed to treat your cranial arteritis will certainly pop up on your prescription medications report.
About Cranial Arteritis:
Cranial arteritis, also known as giant cell arteritis or temporal arteritis is a medical condition that is characterized by the inflammation of the blood vessels in and around the scalp. Individuals suffer from cranial arteritis will often experience:
- Severe headaches.
- Scalp tenderness.
- Jaw pain, especially when chewing.
- Increased risk of stroke.
- Fatigue and general malaise.
- And vision problems.
Individuals suffering from cranial arteritis should seek immediate medical so that they can avoid any permanent vision loss.
There are no known cures for cranial arteritis, however, most cases can be treated and controlled by the use of corticosteroids.
In fact, most individuals will report a significant improvement within days of treatment which is one may doctors will be able to differentiate cranial arteritis from other medical conditions which can mimic symptoms commonly associated with cranial arteritis.
Conditions such as:
- Rheumatoid arthritis.
- Or bacterial/viral infections.
Cranial Arteritis and Life Insurance:
What you’re generally going to find is that most life insurance companies are going to be willing to provide those who have been diagnosed with cranial arteritis with a traditional term or whole life insurance policy.
For moderate to severe cases, simplified issue no exam life insurance might be a better choice.
The only problem is that most (if not all) life insurance companies are going to limit what rate class individuals an individual can qualify for after being diagnosed with cranial arteritis.
And as a “general rule of thumb”…
What you’re typically going to find is that most life insurance companies are going to “cap” an individual at a Table A rating. Now the next obvious question then becomes…
“What is a Table Rate?”
So let’s just take a moment and answer this question really quickly.
What is a Table Rate?
A Table Rate is a rate class that falls just below a Standard or Normal rate and is usually reserved for those applicants who are deemed a “higher” risk for life insurance. In total, there are 10 total Table Rates with Table A being the best (least expensive) and Table J being the worst or (most expensive).
Now when it comes to nailing down exactly what Table Rate you may or may not qualify for if you’ve been diagnosed with a moderate to severe case of cranial arteritis, what we’re generally going to find is that most life insurance underwriters will want to review your actual medical records before they’re going to be willing to make that type of determination.
That it’s important to note that…
Insurance companies are also going to be interested in wide variety of other factors when it comes time to determining what “type” of life insurance policy you may or may not be eligible for as well as what “rate” you may be expected to pay!
This is why it’s SO important to make sure that when you do decide to apply for a life insurance policy, that you decide to apply for coverage with an insurance brokerage that has dozens of different life insurance companies that they can pick and choose from.
As of right now, you may think your cranial arteritis is the only thing that could affect the outcome of your life insurance application but the truth is, there are a whole “bunch” of things that can come into play!
- Have any of your immediate family members (mother, father, brother or sister) ever been diagnosed with cancer, heart disease, stroke or diabetes?
- Do you have any issues with your driver’s license? Such as a suspended license, multiple moving violations, or a DUI?
- Do you have any set plans to travel outside of the United States in the next 2 years? Or are you planning on traveling to any potentially dangerous locations?
- Do you actively participate in any dangerous hobbies?
- In the past 2 years have you ever filed for or declared bankruptcy?
- In the past 12 months, have you used any marijuana products?
You see, when it comes to qualifying for life insurance, there are going to be a lot of “medical” and “non-medical” factors that may come into play, and without having a ton of options to choose from, you may find yourself having to pay too much for your insurance!
Now we here…
At TermLife2Go, pride ourselves on the relationships that we have developed with dozens of highly rated life insurance companies. Which is why we feel confident that if you give us an opportunity to earn your business, you won’t be disappointed!
So, what are you waiting for? Give us a call today or visit our Instant Life Insurance Quotes page and see what we can do for you!
Leave a Comment