The purchase of life insurance coverage can be one of the most important components of your overall financial plans. That is because this tool can help you to ensure that your loved ones will be able to pay off debt and / or have the ongoing income that they will require to move forward, even after the unexpected should occur.
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. This is because the life insurance 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.
But, if you have had trouble in the past with getting life insurance with biliary cirrhosis – or even if you have been turned down for coverage altogether – there is good news. Working with a high-risk life insurance specialist can help you in finding the insurance carriers that are more apt to take on individuals who have certain health conditions such as diabetes, dementia or obesity. We can also help with other specific needs such as finding low cost life insurance for smokers or low cost life insurance for pilots. This is where we can help.
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 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. Because of that, the life insurance underwriters will want to know as much as possible regarding your condition if or when you apply for a policy.
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 taken
- Family health history
- Habits and hobbies (particularly any risky hobbies such as scuba diving, rock climbing, skydiving, etc.)
- Foreign travel frequency
- Any other life insurance in force (as well as the amount of the coverage)
Due to your biliary cirrhosis, the insurance underwriters will want to know as much as possible regarding your condition, as well as the severity of it. Therefore, you will likely also be asked additional questions such as some or all of the following:
- When / at what age were you diagnosed with biliary cirrhosis?
- Within the past six months, have you experienced any symptoms of your condition? Common symptoms can include itchiness, yellow colored skin, and / or abdominal pain.
- 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 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? Having regular medical check-ups is a good sign that you are working to manage and / or control your health condition.
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.
The life insurance underwriters may also want to obtain additional health-related information about you. This may come from your medical records from either your primary care physician, your gastroenterologist – or from both.
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. These typically will include the type of coverage that is being sought, as well as the amount of the life insurance benefit. The applicant’s age and gender will also be factored in, as will his or her overall health condition.
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 on your side, you can help yourself to not only find carriers that are more apt to work with higher risk applicants, but can also save yourself a great deal of time – and frustration – throughout the insurance application process.
What If You Do Not Qualify for Traditional Life Insurance Coverage
Even if you do not qualify for traditional, medically underwritten life insurance with biliary cirrhosis, you may still have options that are available to you for getting the protection that you need. One such option would be to go with a no medical exam insurance policy.
As the name implies, these policies do not require an applicant to undergo a medical exam as a part of the underwriting process. Therefore, there is no need to submit a blood and urine sample for testing purposes – and because of this, many people who have certain health issues are still able to qualify for the life insurance that they need.
Many of today’s top life insurance companies offer no medical exam life insurance policies – and the amount of the benefits that you can purchase can vary a great deal, depending on the carrier that you work with.
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 work with many top rated life insurance companies in the marketplace today – and we can help you in getting all of the important information that you require for making a purchase decision. We can do so for you quickly, easily and conveniently, all from your home computer, and without having to meet in person with a life insurance agent. When you are ready to move forward, all you have to do is fill out the brief form at the top of this page.
Should you find that you still have any questions regarding qualifying for life insurance with biliary cirrhosis – or even if you just have a question about life insurance in general – then please feel free to contact us directly. Our experts are happy to assist you. We can be reached via phone, toll-free, by dialing 888-229-7522.
We understand that the purchase of life insurance may seem a bit overwhelming. There are many different variables to be aware of – and you may be unsure if you will qualify, especially if you have been turned down in the past. But the good news is that today, you have many more options that are available to you – and you have an ally on your side. So, contact us now – we are here to help.