When applying for life insurance coverage, the insurance company’s underwriters will want to know as much as possible regarding your health and your overall health history. This will typically involve the completion of an application, as well as you undergo a medical examination.
For most people who are in relatively good health, applying – and qualifying for – life insurance, is typically not an issue. But, for those who have certain types of medical issues such as celiac disease, it can often entail a bit more work to find a policy.
The good news is that working with a specialist in the high risk life insurance area can help you to substantially shorten the time that it takes to find a life insurance carrier that will take on someone with certain health conditions, such as someone with diabetes – in turn, allowing you to obtain the coverage that you need for protecting those you care about.
How Celiac Disease Can Affect Your Life Insurance Application
Any life insurance coverage application may ask for at least some type of information that is required by the insurance company. However, when you have certain health issues like celiac disease, the underwriters will also need to know more in-depth details. This is because various health conditions can have more of an effect on your overall health, which in turn, could affect your life in general.
Celiac disease is considered to be a type of autoimmune disorder. This condition is genetically predisposed in individuals where the ingestion of gluten can lead to damage in their small intestine. Across the globe, celiac disease is estimated to affect roughly one in 100 people. However, 2.5 million Americans are thought to be undiagnosed with this particular condition – and because of that, these individuals may be at risk for longer-term health issues.
When a person who has celiac disease eats gluten – which is a protein found in barley, rye, and wheat – his or her body will incur an immune response that essentially attacks the individual’s small intestine. These attacks can, in turn, lead to damage – which may then lead to nutrients not being properly absorbed into the body.
Celiac disease can come on at any age. And unfortunately, this disease can lead to some serious health conditions – especially if it is left untreated. For example, it could lead to issues such as Type 1 diabetes, MS (multiple sclerosis), anemia, dermatitis herpetiformis, infertility, migraines, intestinal cancers, gallbladder malfunction, vitamin and mineral deficiencies, and even neurological conditions.
At this time, the only treatment for celiac disease is adhering to a gluten-free diet. This means strictly avoiding foods that contain wheat, barley, and rye. In some cases, even ingesting a small amount of gluten such as breadcrumbs can trigger damage to the small intestine.
Depending on the severity of a person’s celiac disease, life insurance may be somewhat challenging to obtain. The good news is, though, that by working with a high-risk life insurance specialist, you can substantially cut down on the time that it can take to find the right policy can carrier.
What the Insurance Company Will Want to Know About You
After you’ve completed the basic part of the application, the underwriter will start asking for in-depth questions about how you manage and treat your celiac. The questions include the following:
- When were you initially diagnosed with celiac disease? Although celiac disease can be a long-term health issue, the good news is that it can be managed and controlled through proper diet. The longer a person has had this condition, however, the more it can increase the likelihood of complications. If, however, you only have occasional symptoms, there is a good chance that you will not only qualify for life insurance coverage but also that you could qualify with a Standard policy rating.
- Do you take any medication to help in managing or controlling your celiac disease? If so, what type of medication to you take, and what is the dosage? The need for medication could be an indication that you are not managing, or you are not able to manage; you condition through proper diet. Because of this, you may not be able to qualify for a Standard policy rating.
- Have you experienced any celiac disease symptoms within the past six months? Typical symptoms of celiac disease can include diarrhea, bloating, and/or discomfort in the abdomen. Having frequent flare-ups could be a reason for the insurance underwriters to place your policy into a Mild Substandard category.
- Do you have habits that could be risky to your health, especially as it relates to your celiac disease? Certain habits, such as eating wheat and other “trigger” foods may promote your condition further. Other lifestyle habits such as smoking and/or drinking alcohol may also do so. This, too, could place your life insurance policy into a Mild Substandard category.
- How many check-ups do you have at the doctor per year?
Once the agent has sent in your application they’ll move you to the next portion of the process, which is the medical exam.
The exam itself lasts about 30 minutes at the most, and the paramed will meet you at your office or home. They’ll ask you a few more questions, check your vitals and collect a blood and urine sample.
Everything you’ve gone through up to this point gives the home office as clear of view of your health and future of your health so that they’ll be able to determine your risk to them if they insure you.
How Much Will Your Policy Cost If You Have Celiac Disease?
There are many different factors that will determine the overall premium cost of your life insurance policy. The main contributors are the type of life insurance you buy, and how much face value you want with your plan.
Most of the time, if you are healthy your celiac disease will not prevent you from getting a Standard or Preferred rated plan. Which means your premiums will be in line with others with the same health or could be a little cheaper if you are issued a preferred policy.
Where to Find the Best Life Insurance Premiums with Celiac Disease
Ideally, you will want to avoid going to a name brand life insurance agency if you want to find the absolute lowest premiums. Simply because they can only offer you quotes from one company.
Look for an independent agency to get the most bang for your buck. Our agents have contracts with many carriers in the marketplace and can make sure you fill out an application with the company that fits your needs.
Our phone lines are open if you want to get started immediately, just call us at 888-229-7522!