Having life insurance protection can be an ideal way to complete your overall financial planning. That is because life insurance proceeds can be used for a wide variety of needs by your survivors. These may include paying off large debts and paying for ongoing living expenses. Life insurance may also be used for the payment of funeral and other types of final expenses – which today could run more than $10,000.
For some people, getting qualified for a life insurance policy may be easy. But for others, it could be somewhat more challenging. This is the case especially if you have certain adverse health issues such as adrenal mass.
The good news is, though, that even if you may have been declined for life insurance in the past, you may still be able to get the coverage that you need by taking an alternate strategy. This should include working with an independent life insurance brokerage that works with the best life insurance companies to give you better options.
Maybe you have a health condition such as bipolar disorder and wondering if you would qualify for life insurance. Let us help you in 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. Some of the more common 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, it can be possible to qualify for a medically underwritten life insurance policy.
What the Life Insurance Carrier Will Want to Know
When you apply for life insurance with an adrenal mass, the underwriters at the insurance companies will want to know about your health and may want to obtain additional details about your condition.
Typically, the first step in obtaining life insurance involves fully completing the application for coverage. This will ask you basic questions about your:
- Contact information
- Date of birth
- Height and Weight (i.e., your weight as it pertains to your height)
- Health history
- Family health history – such as diabetes
- Medications taken
- Occupation and income
- Marital status
- Hobbies and habits (i.e., particularly those that are considered to be risky, such as rock climbing, scuba diving, etc.)
- Foreign travel frequency
- Other life insurance in force (and the amount of coverage)
In addition to the basic application for coverage, it is likely that the insurance company will also want to better understand information regarding your adrenal mass. Therefore, you may also be asked some or all of the following questions:
- When were you initially diagnosed with your condition? 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 make a difference, 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 had any relevant lab testing performed within the past year, such as an MRI, a CT scan, and / or a biopsy – and if so, what were the results? If you have had any relevant lab testing performed, the life insurance underwriters may wish to review the results of these, 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 so, what do you take, and what is / are the dosage(s)? 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 undergo a medical examination. This will take approximately 30 minutes, and it involves meeting with a paramedical professional either in your home or at another convenient location.
During the medical exam with the paramed, you will typically be asked for some additional health-related information. You will also be asked to submit a blood and a urine test, which will be tested for various risk factors by the insurance carrier.
It may also be that the insurance carrier would like to more fully review your medical information. In this case, they may request your medical records from your primary care physician, any specialist that you see for your adrenal mass – or from both.
Once all of your information has been received by the insurance company’s underwriters, they will be better able to make a determination concerning your life insurance coverage, as well as regarding an appropriate premium rate.
How Much Will Life Insurance Cost If You Have Adrenal Mass?
There are many different factors that can come into play with regard to the cost of a life insurance policy. These can include the age and gender of the applicant, as well as the type and amount of coverage that is being applied for.
If you have a condition such as adrenal mass, the ultimate premium price of your life insurance policy can also have to do with the seriousness of this condition. For example, it is possible that if you have not had a growth or cancer history of the past 15 years, then you may be able to obtain a standard policy rating. This means that your premium rate would be in line with others of your same age and gender who are considered to be in average health.
You may also be able to obtain a standard policy rating 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. This means that you would still be able to get life insurance, however, the premium that is charged would be higher than that of an average, or 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. This is especially the case if you plan to keep your policy for the long-term, as the total amount that you end up paying in premium 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. On possibility would be to apply for a no medical exam life insurance policy.
As its name suggests, this type of life insurance coverage will not require an applicant to undergo a medical exam – and as such, there is no blood or urine sample required. Because of this, those who have various health issues may be able to qualify for the coverage. And, while the premium that is charged for no medical exam life insurance will usually be higher than that of a regular life insurance policy, it could provide you with the coverage that you need.
Where to Get the Best Life Insurance Quotes for People with Adrenal Mass
If you have been diagnosed 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 or a brokerage that has access to numerous insurance carriers can allow you to compare the policies, benefits, and the premium quotes that are available to you.
When you are ready to review the plans that may be available, we can help. We work with many of the top life insurance companies in the industry – and we can get you all of the pertinent details that you need for making a well-informed purchasing decision. We can do so for you quickly, easily, and conveniently – all from your home computer – and without the requirement to meet in person with a life insurance agent. If you are ready to move forward with the process, then just simply take a few moments to fill out the form on this page.
Should you find that you still have any additional questions or concerns concerning obtaining life insurance with adrenal mass, then please feel free to contact us directly. We can be reached via phone, toll-free, by dialing 888-229-7522.
We understand that the purchase of life insurance can be somewhat challenging – especially if you have 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, contact us today – we’re here to help.