For many people, obtaining the life insurance protection that they need will simply require determining the type and the amount of coverage that they want, going through the application process, and then waiting for approval for their policy.
Others, however, may not have it so easy. This can especially be the case if you have certain health issues such as biliary cirrhosis.
Underwriters may consider an applicant with this condition as being a higher risk – and therefore, they may rate his or her application as a Substandard, or possibly will even deny them for coverage altogether.
How Biliary Cirrhosis Can Have an Effect on Your Life Insurance Application
Biliary cirrhosis also referred to as primary biliary cirrhosis, or PBC is a health condition that is caused by damage to the bile ducts in a person’s liver. This condition can essentially cause permanent damage to the liver as the tissue is replaced with scar tissue or fibrosis. As more of this scar tissue is developed, both the structure, as well as the function of the liver can be affected.
When the bile ducts have been damaged, it can cause harmful substances to build up in the liver. Biliary cirrhosis is considered to be an autoimmune disease. This means that the body turns against its cells. It is thought that this condition is triggered by a combination of both environmental and genetic factors.
While biliary cirrhosis typically develops at a slow pace, medication can help in slowing down its progression even further. This is especially the case if the treatment of the condition begins early.
Due to the damage that biliary cirrhosis can cause to the body, having this condition can have an effect on an applicant’s approval for life insurance coverage. This means you’ll have to tell the underwriter a lot about how you deal and manage your condition.
What the Life Insurance Company Will Want to Know If You Have Biliary Cirrhosis
Applying for life insurance with biliary cirrhosis will require that you first complete an application for coverage. This application will ask you about more “basic” information, such as your name, age, gender, and contact details. It will also ask about your:
- Marital status
- Occupation and income
- Height and weight
- Smoking status and/or tobacco usage
- Overall health
- Health history
- Medications taking
- Family health history
There are also more in-depth questions that you’ll have to answer about the treatment and management of your biliary cirrhosis. We’ve compiled a list of examples that could be asked:
- When / at what age were you diagnosed with biliary cirrhosis?
- What, if any symptoms have occurred during the last few months.
- Do you take part in any activity that may be harmful and/or may worsen your biliary cirrhosis condition? Certain lifestyle activities such as drinking alcohol, smoking, and eating foods that are high in fat content may worsen your condition. Doing so may result in an automatic decline for life insurance coverage – and may even result in an additional evaluation of a graded death benefit policy by a life insurance underwriter.
- Do you regularly visit with your medical specialist/gastroenterologist concerning your biliary cirrhosis condition? Being proactive is a good sign to the underwriter.
In many cases, applicants for life insurance coverage are required to take a medical examination before being approved for a policy. This exam typically entails meeting in person with a paramedical professional who will ask additional medical questions. They will also take a blood and urine sample.
How Much Will Your Coverage Cost With Biliary Cirrhosis
The amount of a person’s life insurance premium is the result of many different criteria. The main two are, the style of policy you buy and what face value is on your policy.
When an applicant has a condition such as biliary cirrhosis, the underwriters view this as a serious health issue. Because of that, in many instances, a Standard rated life insurance policy may not be an option.
In fact, because of the seriousness of this particular condition, you may have a difficult time in qualifying for a traditional, medically underwritten life insurance policy with biliary cirrhosis. Other options, however, may be available to you. These may include a graded death benefit policy.
These policy options may be difficult to find on your own. But, with the help of a high-risk life insurance specialist, you can help yourself to not only find a carrier that is more flexible with high-risk applicants, but we can also save you a lot of time.
What If You Do Not Qualify for Traditional Life Insurance Coverage
There’s always a chance that even the most flexible carriers might not issue you a medically underwritten life insurance policy. And if you decide to appeal and still aren’t insurable it does not mean you are out of options to get coverage.
A lot of companies offer Guaranteed Life Insurance or No Medical Exam insurance. With these plans, you aren’t subjected to all the health questions and exams that you’d normally have to go through. Though the premiums will be higher, you’ll still be getting the protection you need.
How and Where to Get the Best Quotes on Life Insurance with Biliary Cirrhosis
If you are searching for life insurance with biliary cirrhosis and you aren’t sure where to turn, we can help. We specialize in helping high-risk applicants in finding the life insurance coverage that they need – even if they have been turned down in the past.
We train our agents to quickly pick out carriers that will fit any health situation so that your family can sleep well knowing that your finances are secure in the event of an untimely death.
We’d love it for you to fill out the form on the left of the screen so that our agents have some basic information about you. After that, we will call and go over your full situation and give you quote comparisons.
However, if you have a little bit of time on your hands please give us a call, 888-229-7522, and let’s start the process today!