An applicant who has any type of adverse health condition may find it more challenging to obtain life insurance coverage – at least at Standard or Preferred premium rates. However, depending on the particular condition, as well as the seriousness, it may be possible.
Those who have been diagnosed with gout may have been turned down for life insurance in the past. This condition involves a dysfunction of the metabolic system. It is typically found in older men, as well as in post-menopausal women, and it results from the accumulation of uric acid crystals in the blood.
When these crystals deposit in the individual’s joints and connective tissues, the result can be a type of arthritis, with common symptoms of the condition including pain and swelling, as well as redness in the area. Some of the most common areas of the body that are affected include the knees, fingers, and big toe. The tendons and surrounding tissue can also become inflamed.
Because gout is not a life threatening condition, those who have this condition can typically be approved for life insurance coverage. However, the issue can oftentimes come for those who take prescription medication for gout, as certain medications can cause very harmful side effects.
What the Life Insurance Underwriters Will Want to Know About Your Condition
When applying for life insurance with gout, the underwriters will want to know more in-depth information about your condition. Therefore, some of the common questions that you are likely to be asked can include the following:
- When were you initially diagnosed with gout? The length of time you have been affected by gout could have a bearing on the approval of your life insurance application. While the longevity of the condition itself may not always be an issue, certain medications that are prescribed for gout can afflict a person with adverse side effects. In addition, the longer an individual has had gout, the more probable it is that he or she will be subject to complications. If, however, you have recently been diagnosed, and you are controlling the condition well, it is possible that you could be approved for life insurance coverage with a Standard policy rating.
- What, if any, medications are you currently taking for your condition? And, if you are taking any medications, how long have you been taking them? The underwriters will need to know the type of medications – if any – that you are taking for your condition, as well as for how long. This is because certain medications can have adverse side effects. For example, long-term use of certain steroids that are oftentimes prescribed for gout can cause hormonal problems as well as gastric ulcers in some patients.
- Within the past 6 months, have you experienced any complications due to your condition? If you have experienced certain symptoms such as swelling in tissues or joints within the most recent six months, it is possible that your policy will receive a Mild Substandard rating.
- Do you regularly schedule visits with your rheumatologist? Those who schedule regular check-ups with a rheumatologist are showing that they are attempting to manage their condition. This is a positive sign in the life insurance underwriters’ eyes. In addition, the information from the rheumatologist can oftentimes be used to obtain additional information about the insurance applicant’s condition.
- Do you have any laboratory test results from the last 12 months that may be reviewed? If you have any lab test results such as an ESR (erythrocyte sedimentation rate) or a blood uric acid test, these may be reviewed by the underwriters in order to obtain additional information about the applicant.
In addition to the condition-specific information that will be reviewed by the insurance underwriters, additional factors will also be considered, such as the applicant’s:
- Smoking status
- Tobacco usage
- Alcohol usage
- Foreign Travel
In most cases, the applicant will also be required to take a medical exam as a part of the life insurance application process. This will consist of submitting a blood and urine sample. These samples will be reviewed for health conditions that could pose additional risk of claim to the insurance company.
Once all of the applicant’s information has been gathered, it will be easier for the underwriters to make a more informed decision overall regarding coverage, as well as regarding the amount of premium to be charged for the policy if he or she is approved.
Tips for Getting Approval with Gout
When applying for life insurance with gout, it is always a good idea to first compare policies and premium quotes from more than just one life insurance company. Because each company treats the premiums for each illness differently, you need to see the which company will truly provide you with the best coverage for the best rate.
When comparing coverage and premium quotes, we can help. We work with many of the best life insurance companies in the industry today – and we can point you in the right direction of the life insurance company that will best fit your specific needs. In order to get the process started, just use the form on this page.
Should you have any additional questions or concerns, our experts are ready and willing to help. Just call us, toll-free at 888-229-7522 and we will answer any questions that you may have regarding life insurance with gout, obtaining premium quotes, or insurance in general. We want to ensure that you obtain the very best life insurance protection for your coverage needs and premium budget.