There are many reasons why people need life insurance coverage – and one of the most important of those is to protect the people you love. When you have a baby on the way, ensuring that your child is protected financially throughout his or her life is essential, also providing you with peace of mind.
Obtaining coverage when a child is small and the parents are young and healthy is typically not a difficult task. However, can the same be said about qualifying for life insurance when a woman is pregnant? If you’ve ever been told that you can’t get life insurance while you’re pregnant, don’t’ believe it.
Obtaining Life Insurance When Pregnant
In most cases, it is not a problem to obtain life insurance coverage while pregnant – up until a woman’s third trimester – although many insurers will often accept an individual for coverage throughout the entire pregnancy. This is the case, provided that there are not any serious complications with the pregnancy, and that the applicant for insurance fits the other health and risk related guidelines.
In fact, oftentimes, there are certain health related conditions that are associated only to a woman’s pregnancy, such as controlled gestational diabetes. Should this be the case with an applicant, it is still possible to not just qualify for coverage, but to also obtain Standard or even Preferred policy premium rates (depending upon other health related conditions). You can still get term life insurance for diabetics!
There are, however, some issues that may also make it difficult to qualify for life insurance while pregnant. Some of these could include the following:
- Having complications with a previous pregnancy
- High blood pressure / hypertension, or a more serious form of high blood pressure that is known as preeclampsia (Although, you can still get life insurance with high blood pressure)
- A previous c-section or cesarean birth
Although many insurers may not accept a women who has these conditions while pregnant, should they postpone applying until after the baby is born, it is probable that they will be considered for coverage at that time.
Another option is to apply for life insurance coverage prior to becoming pregnant if you are planning to start or expand your family. In other cases, most women who are pregnant will have the very best chances of being approved for life insurance coverage if they apply during their first trimester of their pregnancy.
Certainly, as with any other type of life insurance policy, the underwriters will also consider other criteria as well when reviewing one’s application for coverage. These factors include your:
- Height and weight (your weight in this case will be the weight that you were immediately prior to you becoming pregnant)
- Smoking habits (though do not worry, we work with great companies that do approve life insurance for smokers)
- Alcohol habits
- Family health history
- Occupation and income
- Health conditions
- Any other potential risk factors
In addition, the amount of life insurance coverage that is being applied for is also considered, as well as the amount of current life insurance coverage that you already have in force. This is because life insurance underwriters see too much total life insurance coverage in force as being a negative.
All of these are going to play a role in your chances of being accepted for coverage, and what you’ll pay for the policy. As you can see, there are several factors that you can change, but there are others that you can improve to save money. For example, one of the best ways to get lower rates is to improve your health. Eating healthier and getting doctor approved exercise is a great way to lower your insurance rates, as well as make your physician happy.
Other Considerations Regarding Coverage
In addition to expectant mothers having coverage, it is also essential that fathers have life insurance. This is because the unexpected can happen to either parent – potentially putting a family into a difficult financial situation at a time when money is needed most.
In most cases, even if young parents do not have a great deal of additional disposable funds, term life insurance can be purchased very inexpensively. And, these types of life insurance plans can oftentimes be converted to permanent plans in the future if desired. With this in mind, it is important for both the mother and the father of the coming newborn to be covered with life insurance protection – just in case.
For a couple that is in good health, life insurance is typically much less expensive than applicants assume. You can’t put a price on the peace of mind that having life insurance coverage will give you. Don’t wait any longer to get the protection that you and your family deserve. Though do not worry, if you feel your health would hinder you from obtaining coverage, we can look into other options for you such as a no medical exam life insurance policy, which will come with a higher premium rate.
Where to Go To Apply for Life Insurance While Pregnant
If you’re pregnant and ready to apply for the life insurance protection that you need, we can help. We work with many of the top rated insurers in the marketplace today – and we can point you in the direction of the best life insurance companies that are more likely to accept certain risks than others. Doing so can help you to save time – which can in turn, help to get you the coverage that you and your growing family need much faster.
For a couple that is in good health, life insurance is typically much less expensive than applicants assume. You can’t put a price on the peace of mind that having life insurance coverage will give you. Don’t wait any longer to get the protection that you and your family deserve.
When you’re ready to get the process started, you can do so by simply filling out the form on this page to compare quotes from several different policies that may fit your needs. This will provide you with information regarding which plan and insurer is right for you.
In addition, at InsureNow365.com know that many people may also have questions or concerns regarding the life insurance application process. If so, we are here to help. Feel free to contact us directly by calling 888-229-7522 and speaking with one of our experts. You will soon be on your way to having the answers – and the peace of mind – that you need.
If you have any questions about getting life insurance while pregnant, we would be happy to answer those questions. We know that getting life insurance can be a long and frustrating process, we are here to make it easier. Life insurance is one of the most important purchases that you’ll ever make for your family. If this is your first child, or your third, you want to ensure that they will have the protection they need.