For those who are young and healthy, life insurance can be relatively simple to purchase. In most cases, it just entails determining the amount of the coverage that is needed – and then applying for the policy. There are even options for buying life insurance while pregnant.
If you’re healthy, getting life insurance is easy. If you have problems on your medical history, it’s not as easy.
For example, those who have asbestosis, a lung disease that is the result of inhalation of asbestos particles, obtaining life insurance protection could become quite a challenge.
It’s going to be difficult, but it’s not impossible. We can help make it extremely simple.
How Asbestosis Can Affect Your Life Insurance Policy Application
Asbestosis is considered to be a chronic lung disease. It is caused primarily by the inhaling of asbestos fibers. Asbestos is a type of natural mineral product that is resistant both to heat and to corrosion. This material was used a great deal in the past in products such as cement, insulation, and certain types of floor tiles. Having a prolonged exposure to these asbestos fibers can cause scarring of the lung tissue, as well as shortness of breath.
The symptoms of asbestosis can typically range anywhere from mild to severe – and, they will not usually appear until many years after an individual has been continually exposed to the asbestos materials.
When a person contracts asbestosis, the asbestos fibers and dust that they have inhaled will become trapped inside their lungs. When the lungs try – unsuccessfully – to remove the materials via their immune system, it will lead to the damage and scar tissue.
There are other health issues that can also be related to exposure to asbestos. These may include hardening and/or thickening of the lung lining, fluid around the lung, and cancer surrounding the lung.
Unfortunately, at this time, there is no treatment for asbestosis. The actual severity of this condition will depend on how long the individual was exposed to the asbestos, as well as how much was inhaled.
As the condition progresses, it can become more difficult to breathe – even well after the person is no longer exposed to the asbestos. It may even become necessary to require supplemental oxygen therapy. Eventually, asbestosis may even lead to lung and/or heart failure.
What the Life Insurance Underwriters Want to Know When You Have Asbestosis
When applying for life insurance with asbestosis, you will first be required to fully complete an application for coverage. Here, you will be asked for information such as your:
- When is your birthday?
- Do you smoke? If so, how much?
- Do you drink alcohol?
- What medications do you take?
- How tall are you and how much do you weight?
- What’s your job?
After you finish answering these basic health questions, the underwriters are going to ask you more specific questions about your condition.
- How long were you exposed to asbestos? The length of time that you were exposed to asbestos will be a big determining factor in whether a person develops lung problems.
- What prescriptions do you take for your condition?
- What problems have you had in the past 6 months? Common symptoms of asbestosis can include shortness of breath and/or difficulty breathing. If you are still currently exposed to asbestos in your occupation, you could receive an automatic decline for life insurance coverage.
After you’ve answered all of these questions, they are going to get all of it together and then run it through their algorithms.
It’s all going to determine how much risk you are to pass away, meaning they would have to pay out to your family. If you’re a lot of risk, then you’re going to pay a lot more.
What Will Life Insurance Cost with Asbestosis?
As we mentioned above, all of those questions are going to change how much you pay every month.
Having health problems is PROBABLY going to cause higher rates, but not necessarily. It all depends on the rest of your health, and other problems you have, and how in shape you are.
The good news is asbestosis by itself won’t require you to pay massive premiums. As long as the rest of your health and application are in good condition, you can still get preferred rates.
What Are Your Other Options?
Maybe you don’t like the idea of having to go through the traditional route to get life insurance. That’s okay.
Maybe you’ve been declined for coverage. That’s okay too!
If either of these are true, you could try a no exam policy. You’ll still get insurance coverage without the medical exam and hassle. The problem? The price.
Without the exam, you’re going to pay more. What matters most to you? Price or speed.
Getting Insurance Quotes for People with Asbestos
Now, let’s get to the important part, getting real quotes. All of this info is well and good, but it doesn’t do any good unless you’re able to get cheap coverage.
How should you go about getting quotes based on your health? The quickest and easiest way is to fill out the little form over on the side of this page.
You answer a couple of questions and get access to dozens of some of the best quotes on the market. It couldn’t be any easier for you. Take 5 minutes of your time, and you’ll have dozens of rates for you to sift through and pick the one which is going to work well for you and your family.