There are many different factors that go into the underwriters’ decision about the applicant.
Certainly, one of the most important of these is his or her health. For those who have any type of adverse health condition, being approved for coverage can at times be difficult.
This is because in many instances, health issues can lead to decreased life expectancy – a direct result of potentially increased claims, and risk, to an insurer.
For those who have been diagnosed with chorea, obtaining life insurance coverage could be difficult – and it may be likely that you have been turned down in the past. Chorea is a condition that is characterized by involuntary movements in the feet and hands and typically flow from one muscle to another. This disease can occur as a result of other medical conditions, such as Sydenham’s Chorea or Huntington’s disease. There are also other ailments and situations that may cause an individual to develop this condition such as the use of anti-convulsant and anti-psychotic drugs, and having rheumatic fever as a child.
In certain situations, Chorea can be successfully managed and controlled, while in others, the condition can be much more serious, and well as irreversible – and even fatal. Therefore, when applying for life insurance coverage, it is essential that the company’s underwriters know much more in-depth information about an applicant’s condition in order to determine just how much risk the insurer may be taking on.
What the Life Insurance Company’s Underwriters Want to Know When You Have Chorea
In obtaining life insurance approval with chorea, the underwriters will typically ask a number of condition related questions in order to determine just how serious your condition is (or isn’t), as well as to see how – and how well – you are controlling your symptoms. Some of the information that the underwriters may want to know includes the following:
- When were you initially diagnosed with chorea? One of the most important questions that you will likely be asked is when were you initially diagnosed with chorea. This is because, if you were diagnosed as a child, it is more likely that your condition is being controlled and managed better over time. In this case, it is possible that you could qualify for a mild substandard policy rating.
- Are there any symptoms that have popped up over the last six months, for instance, symptoms such as moderate or severe twisting or writhing movements in various areas of the body could be flare signs of the condition – and they could also be warning signs of more serious complications to come. This being the case, the policy could be declined. However, in this situation, there is still the opportunity to apply for life insurance through a guaranteed issue plan.
- Are there medications that you currently take to manage your chorea? What are the dosages? Are the prescriptions working?
- Do you schedule regular check-ups with your doctor?
- Do you have the initial signs of any behavioral and or mental symptoms? If you have any symptoms of muscle spasticity and rigidity, and / or mental and behavioral disturbances, this could mean that you have a serious and progressing Huntington’s disease condition – which will likely lead to a decline of the application for life insurance coverage.
Once you’ve answered the questions, you’ll sign the application and it’ll get sent to the home office. Then you’ll be scheduled to take a short medical exam either at your work or home. This will be short and sweet; mainly designed to take a few readings, and gather samples of your urine and blood.
Once all of the information has been submitted, it can be reviewed more thoroughly by the underwriters and a decision can then be made regarding your policy, as well as an appropriate premium quote.
How to Help Improve Your Chances of Life Insurance Approval
To improve your chances of life insurance approval with chorea, it’s best to apply through an agency with contracts to sell plans from multiple companies.
We work with the best life insurance carriers in the country, and we know which ones have a focus on applicants that are considered to be higher risk. This can help to move you through the application process faster. When you are ready to begin the process, you can start now by using the form on this page. Or to fill out an application today, give us a call, 888-229-7522!