Life insurance is one of the most important safety nets that you’ll never buy for your family. There are dozens of different factors that the insurance company is going to look at when you apply for insurance coverage. There are a lot of complications and pre-existing conditions that you could have that can make the process even more difficult.
Any time a person applies for life insurance, the underwriters will want to know about your health, as well as other factors that could deem you as being a potential risk to the life insurance company. This is because if the insurer feels that there is a high likelihood of a claim being filed, they will either deny an applicant for coverage altogether, or they will charge a higher amount of premium for the policy.
There are a variety of things that can make a person a higher risk. Oftentimes this has to do with certain health related conditions. One such condition may include atypical nevus – a type of unusual benign mole on the skin that oftentimes resembles melanoma. Because this condition is potentially cancerous, an underwriter for life insurance will want to know more about the condition when an applicant with atypical nevus applies for coverage.
There are a lot of insurance companies that will automatically decline you for insurance coverage, but not every company will. Just because of your atypical nevus, doesn’t mean that you should go without life insurance.
What The Underwriters Will Want To Know About Your Condition
When applying for life insurance coverage with atypical nevus, the underwriters will usually want to know more details regarding your condition. Some of the information you may be asked will likely include:
- How many nevuses? If you have just one or two nevuses, there are many insurance carriers that will not only accept you for life insurance coverage (provided that you meet their other health condition guidelines), but there are some that may even rate your policy as a preferred. In this line of questioning, the underwriters will also want to know if you have any other moles.
- Where are the nevuses / is the nevus located? Just like with melanoma and other cancerous types of skin conditions, there are certain parts of your body like the legs, arms, and trunk that are less risky than other areas such as your head or your neck.
- How much time has elapsed since the removal of the nevus or nevuses? The underwriters will also want to know how long it has been since you have had any nevus or nevuses removed. Here, the longer it has been without any type of reoccurrence, the more favorable your life insurance coverage from the insurer is likely to be.
In addition to information regarding your atypical nevus, the underwriters will also need to know about you, your overall health, your lifestyle, and your habits – as these factors could also determine how much risk you present to the insurance company.
This information includes factors such as your:
- Weight (in relation to your height)
- Other health conditions (such as someone needing life insurance with type 2 diabetes)
- Medications that you take
- Family health history
- Exercise habits
- Hobbies (especially any risky hobbies such as skydiving or rock climbing)
The underwriters will also want to know if you have any other life insurance in force. This is because an excess amount of life insurance coverage can actually be viewed as a negative in the underwriting process.
It is possible that you will be required to take a medical exam as a part of the underwriting process. This exam will likely include the taking of a blood and urine sample. Here, the underwriters will be able to get a better picture of your overall health condition.
If you want to get better life insurance rates for you and your family, you should work to improve your health. With the medical exam, the insurance company is going to look at your heart rate, blood pressure, weight, and much more. The better your results from the medical exam, the lower your insurance rates are going to be and the better your chances of getting insurance coverage.
Once all of your information has been analyzed, the underwriters will be able to make a determination regarding an offer of coverage. In many cases, individuals with atypical nevus that is under control are able to obtain life insurance – some even at Standard or Preferred rates.
With this in mind, it is important to ensure that your condition is under control and that you are following the advice of your health care provider. Likewise, it is also essential that you indicate on your application for coverage that you are following the plan of care that has been prescribed by your medical professional.
Where to Find Life Insurance with Atypical Nevus
If you have atypical nevus or a related condition and you’re looking for life insurance coverage, it is possible to obtain the policy that you need – provided that you know where to look. We can help you find the right coverage. We work with many of the top life insurance companies in the industry today – and we are familiar with which companies work with various types of underwriting risks.
Let us point you in the right direction – saving you a great deal of time and frustration – and getting you the life insurance that you and your family need faster. In order to get the process started, simply use the form on this page to begin comparing policy quotes. We specialize in helping people obtain life insurance with an illness and who end up being classified as high risk.
That form will connect you with one of our independent insurance agents, unlike a traditional insurance agent, we represent dozens of companies across the United States. We can make the process quick and easy, we will find the lowest insurance rates to fit your needs without you having to call all of the companies yourself.
We understand that you may also have additional questions regarding premiums, coverage options, or even about life insurance in general. If that is the case, please feel free to contact us, toll-free, at 888-229-7522 and we will be happy to help.
Even if you’ve been declined for insurance protection in the past, don’t hesitate to contact us today, there are still several affordable options for quality life insurance for you and your loved ones. Regardless of your health and pre-existing complications, we can connect you with the perfect insurance policy to fit your needs. Because life insurance is one of the most vital investments that you’ll make for your family, nothing should stop you from getting the insurance the deserve.