When applying for life insurance coverage, there are a number of different factors that can have an effect on whether or not you will qualify for coverage, as well as the amount that you will pay in premium if you are accepted. Certainly, one of the biggest criteria is your overall health condition. Should there be anything that has an impact on shortening your life expectancy, the life insurance company may consider it to be more of a risk.
Those who have been affected by HPV, the Human Papillomavirus, can qualify for life insurance. However, it may be required that the insured person pay a higher amount of premium in order to compensate for the higher amount of risk taken on by the insurer, depending on other health related factors.
Human papillomavirus, or HPV, is considered to be the most common of the sexually transmitted infections in the U.S. It is not the same type of virus as herpes or HIV, and it is in fact so common that many women and men will typically contract it at some point in their lives.
There are several different types of HPV. Some versions of the virus will cause an individual to contract genital warts, and even cancer. However, there are a number of vaccines that are available that can prevent these health issues from occurring.
Although in most instances HPV will go away on its own and will not cause further serious health related issues, there are cases where the human papillomavirus could be the cause for certain types of cervical cancers – including cancer of the vulva, anus, penis, or vagina. The virus may also cause cancer in the back of the throat, as well as at the base of the tongue and the tonsils. Because of this, it can be considered much more serious, and therefore it must be analyzed further before an individual may be approved for life insurance coverage.
What the Life Insurance Underwriters Will Want to Know
If you have been diagnosed with HPV and you are applying for life insurance, the underwriters will typically want to know more in depth information regarding your overall condition. Some of the information that you may be asked could include details such as:
- When were you initially diagnosed with HPV?
- What are the primary symptoms of your condition?
- What, if any, medications are you taking for your condition?
- What, if any, tests have been performed by your doctor regarding your condition and what were the results?
In addition to the condition specific information, the underwriters will also be reviewing the information that you submit on your life insurance application for coverage. This application will include more detailed information regarding your:
- Height and Weight (primarily, your weight as it relates to your height)
- Occupation and income
- Marital status
- Whether or not you have children
- Smoking status / tobacco usage (though do not worry, we work with companies that do approve life insurance for smokers)
- Alcohol usage
- Overall health history
- Family health history
- Foreign travel frequency (if any)
- Whether you participate in “dangerous” hobbies such as rock climbing or sky diving
You will also likely be required to take a medical exam as a part of the underwriting process. This exam will entail meeting with a paramedical professional who will take a blood pressure and heart monitor reading, and will also ask you more in depth questions regarding your overall health.
The medical examination will also include the submission of a blood and urine sample. These samples will be analyzed by the insurance company for certain other health issues that could put the insurer at risk for paying out a future potential claim.
Once all of your information and data has been submitted to the life insurance underwriters, it can be reviewed and a decision can be made regarding your coverage, as well as about an appropriate premium price.
How Much Will Your Policy Cost with HPV?
Although most insurance companies have a slightly different system, there are typically three primary categories or classifications of life insurance policies in which insureds will fall into. These are based primarily on their overall health. These classifications include:
- Preferred – Applicants who are in excellent health, and who have family histories of excellent health as well, may be rated as a Preferred. These individuals will typically be charged less for their life insurance coverage than the average person due to the lower amount of risk that they pose to the insurance company.
- Standard – A person who is considered to be of “average” health will usually be rated as a Standard policy rating. These policy holders will be charged an average policy rate as compared to other policy holders who are also of average health, height, and weight.
- Sub-Standard – Those insureds who are in below average health, but not poor enough to be declined for coverage altogether, may be rated as a Sub-Standard. Because these policy holders present a higher amount of risk of claim to the life insurance company, they will usually be charged a higher amount of premium for their coverage.
How and Where to Find Life Insurance with HPV
When searching for life insurance with HPV, it is typically best to work with a company that has access to more than one insurance company. This way, you can compare policies, benefits, and premium quotes. When shopping for the best plan for your situation, we can help. We work with many of the top rated life insurance carriers who insure people with illnesses, and we can get you all of the details that you need quickly and easily – right from the convenience of your computer. When you’re ready to get the process started, fill out the form on this page.
If you have any questions along the way, please feel free to contact us directly. We can assist you with comparing policy benefits and obtaining premium quotes. We can be reached via phone by calling, toll-free, 888-229-7522. We understand that shopping for life insurance can sometimes seem overwhelming. That’s why we’re here to help. Contact us today.