Getting life insurance can be a long and difficult process for anyone. If you have any health conditions or pre-existing complications, it can be the process even more difficult. Life insurance is one of the most important investments that you’ll ever make for the future of your family, and your health shouldn’t keep you from getting a quality and affordable life insurance policy. For example, you can get diabetics life insurance or insurance with other adverse health conditions.
Typically, when an applicant has any type of serious health related condition, it can hinder their chances of being approved for life insurance coverage – or at least being approved at Standard or Preferred premium rates. This can be the case for those who have been diagnosed with having rheumatoid arthritis.
Rheumatoid arthritis, or RA, is a type of chronic multisystem disorder that is typically characterized with severe inflammation. The cause of this painful condition is not currently known, however, it is thought to be associated with an autoimmune origin.
There are numerous organ and tissue areas of the body – particularly the synovial joints – that can be affected by rheumatoid arthritis, including the knees, wrists, hands, and fingers. The condition can involve something as small as destruction of cartilage, or more advanced issues such as erosion of the individual’s bones.
During the early stages of rheumatoid arthritis, the affected individual’s symptoms will usually include vague bone and / or muscle aches and weakness, as well as a loss of appetite. As the condition advances, it will typically move into manifestation of joint pain and stiffness, as well as swelling and loss of function. In more serious cases, bones and tissues may even become deformed.
What the Life Insurance Companies Will Want to Know
When seeking life insurance approval with rheumatoid arthritis, the underwriters will want to know more in depth information about your condition. Some of the more common questions that you are likely to be asked will include the following:
- When were you initially diagnosed with rheumatoid arthritis? Rheumatoid arthritis is a long-term, chronic health condition that is irreversible. Those who have been diagnosed with this condition will need to manage it for the remainder of their lives. While the actual condition itself is not life threatening, certain medications that are prescribed for it can cause adverse side effects to the kidneys, lungs, and / or heart. Therefore, those who have been taking medications such as steroids and methotrexate for long periods of time may still qualify for life insurance coverage, but with a Substandard policy rating. Depending on the severity of their condition – as well as the length of time taking such prescriptions – there is the possibility of one’s application for coverage being declined.
- What, if any, medications are you currently taking for your rheumatoid arthritis? The medications that you have been prescribed can have a bearing on the rating of your life insurance policy. For example, if you have been prescribed NSAIDs, it is likely that your policy will be rated as a Mild Substandard. Those who have been prescribed steroids may need to be further evaluated in order to make an appropriate determination.
- Do you currently have any type of bone or joint deformity due to your condition? If you currently have any bone or joint deformities in the wrist or fingers, it is possible that your policy would be rated as a Mild or a Medium Substandard. Such deformities in areas such as the hips, where immobility could become a factor, may cause the policy to be rated as a Severe Substandard.
- Over the past 12 months, have you had any relevant diagnostic testing performed? If you have had any type of relevant testing performed such as MRIs or X-rays over the past 12 months, it may be able to help the underwriters in assessing the best rating class for your life insurance policy. Therefore, it is likely that the underwriters will request copies of these tests for further review.
In addition to specific information about your rheumatoid arthritis, there are other important criteria that will also be reviewed in making a determination about your life insurance coverage. These factors include your:
- Smoking status
- Alcohol usage
You will also be required to submit a blood and urine sample. These samples will be reviewed for the presence of various health conditions that may pose certain additional risk to the insurance company.
Once all of the information has been gathered, the underwriters will be able to make a much clearer decision regarding your application, as well as about the appropriate premium to charge for your policy.
In most cases, however, the best case scenario for those who have rheumatoid arthritis is that the pain is being treated with NSAIDs. Here, the applicant can be approved for the insurance coverage, but it is usually with at least a Mild Substandard policy rating. This means that the premium that is charged will be higher than those who are of Standard – or average – health, height, and weight in that same policy classification.
Perhaps you’ve had a stroke and wondering if you can qualify for life insurance after a stroke. We can certainly help answer this question for you.
Increasing the Chances of Getting Approval
When applying and seeking approval for life insurance with rheumatoid arthritis, it is usually best to seek policy information and premium quotes from more than just one life insurance company. This is because the premiums that are charged for coverage can differ – sometimes a great deal – from one insurer to another.
When comparing companies and premium quotes, we can help. We work with the top rated life insurance companies that look the most favorable on clients with illnesses – and we can help you to find the company and the policy that will fit your specific coverage needs.
There are a few other ways that you can improve your chances, and that’s my focusing on your health. Starting a healthy diet and getting regular exercise can drastically improve your overall health and secure a better rating class from the insurance company. Additionally, eliminating any tobacco that you currently use could have a huge impact on your health as well as your insurance premiums. In fact, smokers are going to pay twice as much for their life insurance versus what a non-smoker is going to pay. If your health is to the point that you feel you would not pass the medically underwritten policy, there is another option for you, called a no medical exam life insurance policy, but this will come with higher premium rates as well.
In order to get the process started, simply use the form on this page. Within just seconds, we can show you the policy benefits and the premium quotes from several top insurers – right from the convenience of your home computer.
We also understand that you may still have many questions regarding how to obtain life insurance approval with rheumatoid arthritis. If so, our experts are here to help. Please feel free to contact us at 888-229-7522 toll-free and we will be sure to get you the answers to all of your questions and concerns so that you can be on your way to obtaining the life insurance protection that you and your loved ones deserve.
Life insurance is one of the most important safety nets that you can buy for your family. You never know what’s going to happen tomorrow, which means that you shouldn’t wait any longer to get the protection that your loved ones deserve. One of the worst things that you can do is to not have the life insurance that your loved ones needs. It could leave them with a massive amount of debt.