Life insurance can be an essential tool in most overall financial plans. One key reason for this is because the proceeds from a life insurance policy can be used by your loved ones and survivors for things such as paying off debts, paying for funeral and other final expenses, and / or for paying their ongoing living expenses. This can especially be the case if they count on you for their financial support.
When you apply for life insurance, there are several steps that will typically need to be taken to qualify for the coverage. This is because the insurance company’s underwriters will need to know just how much risk they may be taking on. Let us help you find the best life insurance companies and many options that may be available to you.
Are you a veteran and wondering if you can qualify for affordable life insurance for veteran’s? Let us help you in your search.
For those who are in relatively good health, it can be a fairly easy process to apply and to get approval. However, for those who have any adverse health condition, it may not always be quite that simple. This is because certain health issues can present more of a risk of potential claim to the insurance company. Are you wondering if having a health issue such as COPD or high blood pressure could stop you from getting coverage? Don’t worry because there are companies who offer life insurance with COPD and life insurance with high blood pressure and we can help you get the coverage you deserve.
If you have a condition such as glaucoma, the good news is that you can likely qualify for a traditional life insurance policy. This is the type of coverage that requires full underwriting of the application. However, because not all life insurance companies will view certain health conditions in the same way, it may require you to shop several polices. We can also help if you are interested in getting life insurance while pregnant or life insurance if you are overweight. You have options and it is our pleasure to help you in making the best decision based on your individual needs.
One of the best and fastest, ways to do that is to work with an independent agency that has access to multiple insurance carriers. Doing so can make the entire life insurance application process much more efficient – and in many ways, less frustrating and time-consuming – for you. This is where we can help.
How Having Glaucoma Can Affect Your Application for Life Insurance
Glaucoma is a type of eye condition that can cause damage to the optic nerve. It is typically associated with the buildup of pressure that is inside of the eye. The optic nerve is that transmits images to the brain. The increase in pressure can eventually start to prevent vision.
There are two main types of glaucoma. These include open angle glaucoma and closed angle glaucoma. The closed angle form of glaucoma is considered to be more serious. This is because the progression of the condition’s symptoms can often occur much more quickly – and because of this, the loss of vision can tend to occur very fast. If, however, the condition has been detected early enough, there is the possibility of being able to manage and / or control such symptoms.
An individual who has closed-angle glaucoma may also experience other symptoms, too, such as redness in the eyes, ocular pain – which can sometimes be severe – and the dilation of one or both eye pupils. This condition can also cause other possible symptoms, such as nausea and vomiting. If this is the case, then emergency treatment should immediately be sought.
Once this condition begins, it can get worse over time. In many cases, this condition is inherited, and it may not show up until a person is older. Without getting any type of treatment, the affected individual can eventually go completely blind – sometimes within just a few years.
Those who have other health conditions such as diabetes and / or a family history of contracting glaucoma, it is important to get frequent checkups from a professional eye doctor. Doing so can help the condition to be treated.
While glaucoma can be inherited, it could also be contracted due to an eye injury, or from getting harmful substances in the eye such as certain chemicals. In most cases, glaucoma will occur in both of a person’s eyes. However, it could affect each eye to differing extents.
Once a person’s eyesight has been lost, it is very unlikely that it can ever be restored. With that in mind, it is important to get regular eye exams to detect the possibility of this condition. Because of the potential damage that glaucoma can cause, it can have an effect on your application for life insurance. And, if applying for life insurance coverage, the underwriters at the insurance company will typically want to know as much as possible regarding your condition.
What the Insurance Underwriters Want to Know
Applying for life insurance will typically involve fully completing an application for coverage. Here, the insurance company will ask about more “basic” information, such as your:
- Age / date of birth
- Height and weight (i.e., weight in relation to height)
- Marital status
- Occupation / income
- Smoking status / usage of tobacco products
- Alcohol usage / frequency of consumption
- Hobbies / habits (i.e., risky activities such as scuba diving, rock climbing, skydiving, etc.)
- Frequency of traveling to foreign countries
- Other life insurance in force (and the amount of this coverage)
In addition, because of your glaucoma, the life insurance underwriters will also likely want to know more about this. Therefore, you may also be asked some or all of the following questions:
- When were you initially diagnosed with glaucoma? While this condition really cannot be prevented, its progression and its symptoms can be managed. However, the longer you have had glaucoma, the more likely it is that you may have complications.
- Within the past six months, have you had any symptoms of progressive loss of vision? Some of these symptoms may be a signal that your condition is worsening. In this case, the insurance underwriters may postpone making their decision about approval until these symptoms have passed.
- Do you have any family members who are / were diagnosed with glaucoma? Having any immediate family members who have been diagnosed with glaucoma in the past could meant that you are genetically prone to contracting the condition.
- Do you regularly visit your ophthalmologist due to your condition? Regularly visiting your eye professional can be a good sign that you are working to control and manage your glaucoma.
- Have you had any testing and / or diagnostic exams over the past six months? If you have undergone any testing and / or had any relevant examinations over the past six months, the life insurance underwriters may wish to review the results of these, as they can help to offer a more clear picture of your overall condition.
- Do you take any medication? Taking certain types of medication can tend to restrict the blood flow to your eyes. Therefore, if you take medicine for any reason, the insurance underwriters will want to know what you are taking, as well as the dosage(s).
- Do you participate in any lifestyle habits that could put you at a higher risk of glaucoma? There are certain habits that could place you at a higher risk of glaucoma. For example, some studies have shown that a heavy intake of caffeine may increase the chances of contracting this condition. You may also have suffered an eye injury in the past that could lead to eye issues in the future. Even if you smoke you can still obtain life insurance for smokers. Let our agents assist you in your search.
In many cases, applicants for life insurance coverage will also need to take a medical exam. During this exam – which takes approximately 30 minutes – you will typically be asked some additional questions about your health. You will also be asked to provide a blood and a urine sample for testing by the insurance carrier.
With some applicants, the insurance underwriters may also want to view medical records. These may be obtained from your primary doctor and / or from any specialist that you may see due to your glaucoma – as well as any other health conditions.
Once all of your information has been received by the insurance company, the underwriters will be able to review it more thoroughly and make a decision about your coverage, as well as about the premium rate.
How Much Will Life Insurance Cost If You Have Glaucoma?
If you have been diagnosed with glaucoma, it is possible to obtain a Standard policy rating – especially if you are otherwise in good health. If this is the case, then the cost of your life insurance policy would be in line with other policyholders who are of your same age and gender and who are considered to be in “average” health.
If, however, you have had complications of glaucoma – as well as any other condition that you may have – then it is possible that the underwriters would rate your policy as a Substandard, and the premium rate would be higher than that of an average policyholder.
What If You Don’t Qualify for Coverage?
In some cases, an individual may not qualify for medically / traditionally underwritten life insurance coverage. If this is the case, there are other options that may be available to you. For example, a no medical exam life insurance policy will, as its name suggests, not require that you undergo a medical examination. Because of this, those who have certain types of health issues may still be able to qualify. Also, because there are no medical records to review, the approval and the issue of these types of policies can often happen much more quickly that with a medically underwritten policy.
There is also the possibility of applying for a guaranteed issue life insurance policy. In this case, provided that you simply apply for the coverage and continue to pay your premium, you will be able to obtain the coverage.
It is important to note, however, that a no medical exam life insurance policy and a guaranteed issue policy will have a higher premium amount than that which is medically underwritten. This is because, in most cases, those who apply for these types of policies will have certain health issues – which in turn, can be riskier for the insurance company. However, these types of insurance coverage can provide an option for getting the coverage that you need if other avenues are closed.
How to Get the Best Life Insurance Quotes
When seeking the best life insurance quotes with glaucoma, it is suggested that you work with an independent life insurance brokerage or agency that has access to multiple insurance carriers. This is because there are some insurance companies that are more apt to work with applicants who have certain health conditions.
Going one by one to each insurer can take a great deal of time. However, if you are working in conjunction with an independent brokerage, you can significantly reduce the amount of time that it will take to find the right insurance company, and policy, for you. It will also allow you to directly compare the premium rates in an more unbiased manner.
If you are ready to move forward with finding a life insurance policy, we can help. We work with many of the top life insurance carriers in the marketplace today, and we can assist you with obtaining all of the important information that you need. When you are ready to proceed, all you have to do is just simply take a few moments to fill out the form on this page.
Should you find that you still have any additional questions regarding life insurance, then our experts are available to assist you. We can be reached directly via phone, so please feel free to contact us toll-free at 888-229-7522.
We understand that obtaining life insurance coverage can be an overwhelming process – especially if you have been turned down for a policy in the past. But the good news is that today, there are many options that are open to you.
By working with us, we can assist you with determining the proper type and amount of life insurance coverage, and we can also help you with locating a life insurance company that may have favorable premium rates for those who have glaucoma. So, contact us today – we’re here to help.