Did you know that average funerals today can cost upwards of $10,000?
With final expenses alone coming at so high a price, life insurance is a must. And if you factor in the whole in your loved ones’ daily finances left by your passing, protecting them with life insurance becomes even more vital.
Whether it’s debt, a mortgage, or living expenses, you can cushion the blow by instating a life insurance policy for your family.
For some people, getting qualified for a life insurance policy is simple.
But for others, it could be somewhat more challenging.
And if you have a health condition like an adrenal mass, it could impact your access to affordable coverage.
But take heart. Even if you have been denied coverage in the past, you may still be able to get the coverage that you need by taking an alternate strategy.
This strategy should include teaming up with an independent insurance brokerage that works with the best life insurance companies to give you better options.
Whether you have an adrenal mass or a mental condition like bipolar disorder and wondering if you would qualify for life insurance, we can assist you with your search.
How Having Adrenal Mass Can Effect Your Life Insurance Coverage Application
An adrenal mass – also often referred to as an adrenal tumor – is considered to be any malignant or benign neoplasms of the adrenal gland – many of which can be notable for their tendency for over-producing endocrine hormones.
In the human body, the adrenal cortex is made up of three distinct layers of endocrine cells.
These produce steroid hormones that are critical for various functions.
For example, the glucocorticoids are necessary for regulating blood sugar and the immune system.
They are also responsible for the body’s responses to physiological stress.
The mineralocorticoid aldosterone is responsible for the regulation of kidney function and blood pressure, as well as various sex hormones.
Malignant and benign tumors of the adrenal cortex can produce steroid hormones – which in turn, may have important clinical consequences.
If an adrenal mass continues to grow, it can, therefore, cause an abnormal function in the adrenal glands.
More typical symptoms may be the fluctuation of the endocrine hormones, high blood pressure, headaches, loss of weight or weight gain, and hormonal imbalances.
Depending on the seriousness of the adrenal gland, it could have an impact on your qualification for life insurance.
However, in many instances, you can still meet the requirements for a medical exam-based life policy.
What the Life Insurance Carrier Will Want to Know
When you submit your application for coverage with an adrenal mass, the underwriter for your policy will need basic information about the status of your health as well as more detailed information about the condition and how you manage and treat it.
Typically, the first step in obtaining life insurance involves fully completing the basic application. You will be asked some simple questions about your:
- Contact information
- Height and Weight (how each corresponds to the other)
- Your health history
- Family health history – like diabetes
- Medications taken
- Occupation and income
- Marital status
- Hobbies and habits (i.e., particularly the risky life-threatening ones like rock climbing, scuba diving, etc.)
- Foreign travel frequency
- Other life policies in force currently and their size
While these questions are the starting point of your application, it most likely won’t end there, as the underwriters need to know more about your adrenal mass.
Here are some follow-up questions you can expect:
- When was the diagnosis made? In many cases, an adrenal mass is diagnosed by accident. So, the time of diagnosis, coupled with the tumor’s size, can make a difference in how the insurance underwriters pursue the policy’s rating status.
- What is the size of your tumor? Certainly, the size of the tumor can also affect your coverage and premiums, in that the smaller the tumor, the better the rating class is likely to be.
- When was your most recent visit to your doctor? Depending on when your last doctor visit was, the underwriters may be able to make a conclusion regarding the seriousness of the condition – especially as compared to the visit before that.
- Have you undergone tests in the last year, such as an MRI, a CT scan, and/or a biopsy – and if so, what do the results mean? If the test produced any meaningful results about your condition, the underwriter might need to assess those results as they could help to conclude your overall health condition.
- Have you had any prior endocrine evaluations in the past? If you have undergone various blood work, such as a T3, T4, and/or TDH, then it may be concluded whether or not the adrenal mass is stable.
- Do you suffer from hypertension? If you do suffer from hypertension, then it could be a signal that you have an unstable adrenal mass.
- Do you currently take any medication for your adrenal mass, and if you do, what are the specific medicines and how much of them do you take? If you are currently taking certain types of medication – and especially those that are for the purpose of controlling blood pressure and/or for stabilizing the functions of certain hormones, then this could signify that you have an unstable adrenal mass.
- Do you have a family health history that includes cancer? If you have a family health history of cancer, you may also be at a higher risk of also developing cancer. Because of that, your life insurance policy may be placed into a higher rating classification.
Also, the insurance underwriters will typically look more closely at an applicant for coverage who is a smoker.
This is because smoking can generally be associated with cancer. In addition, your smoking may also aggravate the adrenal mass.
This, too, may place you at risk of being placed into a higher rating category for your life insurance coverage.
The insurance company will also likely request that you have a medical exam done.
The assessment will take approximately 30 minutes, and it involves meeting with a medical professional where you will be asked some specific questions about your health and provide a blood and urine sample. The samples you provide will then be tested to ensure any conditions which might pose a risk to your provider is accounted for.
It may also be that the insurance carrier would like to more fully review your medical information.
If so, your underwriter might ask to see records from your primary health care provider and any specialists you’ve visited regarding the adrenal mass.
Once the insurance company gains access to all of the above information, they will make an informed decision on your policy, offering you the fairest amount of coverage and premium rates based on your condition and the underwriter’s findings.
How Much Will Life Insurance Cost If You Have Adrenal Mass?
More factors into the cost of life insurance than what may meet the eye. Everything from your age to gender comes into play as a company decides what type of coverage to offer you and what the premiums will be.
If you have a condition such as adrenal mass, the ultimate premium price of your life insurance policy will probably be partly determined by the seriousness of this condition.
For example, if you have not had a growth or cancer history over the past 15 years, then you might be classified as standard and get the same premium costs as any other person your age with average health.
You may also be categorized as a standard policyholder if the diagnosis of your adrenal mass is a simple cyst – particularly if the cyst is small in size, such as 1 cm.
Likewise, if you have had an adrenal mass that was removed in the past, and there has been no sign of additional growth since that time, then a standard life insurance policy rating may be possible.
If you have had a larger mass that is in the range of 1 to 3 cm, then it could be that you would qualify for a substandard policy rating.
In this case, you are offered life insurance from the company, however, the premium that is charged is steeper than it would be for a standard policyholder.
In some cases, an individual may have a more severe case of an adrenal mass.
For example, if the tumor is in the range of 3 to 6 cm, then a substandard policy rating may be possible – and the corresponding premium rating could be higher.
In nearly all cases, however, the rating that you are given by one insurance company may differ from that of another.
This is because, even though life insurance carriers all have some form of qualification criteria for their applicants, these will not all be identical.
Therefore, it can make sense to shop and compare with several different life insurers before making your final determination on your policy.
That statement is particularly accurate if you plan to keep your policy for the long-term, as the total amount that you end up paying in premiums could be significant.
What If You Don’t Qualify for Coverage?
If you are unable to qualify for traditional, medially underwritten life insurance coverage, there could still be other avenues that you may pursue.
One possibility could be to seek a no medical exam life insurance policy.
As its name suggests, this type of life insurance coverage means you can skip the medical exam altogether – and as such, there is no blood or urine sample required.
With this option, someone whose condition would otherwise hinder them from obtaining coverage can access it. While you can expect higher premiums with no exam coverage (it is higher risk, after all) than for a medically underwritten policy, it may be your best option for getting covered with a condition.
Where to Get the Best Life Insurance Quotes for People with Adrenal Mass
If a doctor has diagnosed you with an adrenal mass and you are looking for life insurance coverage, then going about it by contacting just one single insurance company may not be the best course of action.
Rather, by working with a company who partners with multiple providers of life insurance can allow you to compare the policies, benefits, and the premium quotes that are available to you.
Whether you’re wary of insurance brokers, still have questions about the type of coverage you need, or simply prefer the convenience of working from home, we can help you make the call from the comfort of your couch.
When you work with us, you can rest assured that you are getting critical details needed to make a decision.
All it takes is a few moments on the computer. You can fill out our form and get quotes instantly. Getting life insurance has never been simpler.
If you have any remaining questions about finding life insurance with an adrenal mass, we’re happy to answer them over the phone as well. You can reach us at 888-229-7522.
We know the challenges of finding life insurance to meet your specific needs- particularly when you are battling various health-related issues.
But, by working with multiple life insurance companies, we can assist you in determining which of these may be more apt to work with a higher risk applicant.
And, rather than taking weeks or months to find out what you want to know, you can have your information in mere minutes.
So give us a call or get quotes today.