Wouldn’t you like to know your family will be protected no matter what happens to you? With life insurance, you can buy peace of mind and protection for the people you love most.
Applying for life insurance can be confusing though, as you have to consider your policy type, size, and cost.
If you have a medical condition, the process can get even more complicated.
Whenever someone applies for coverage the underwriters will inquire about their health, as well as other factors that could deem you as being a potential risk for them to take on.
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 more steep premium on 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 need to learn 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 you have atypical nevus and seek life insurance coverage, the underwriters will probably require a bit more insight into 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 need to find out 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 insurance company will ask 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 like:
- 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 (any skydivers? Rock climbers?)
The underwriters will ask whether or not 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 your insurer will ask you to participate in a medical exam to determine the specifics of your policy. This exam will likely include the taking of a blood and urine sample.
Here, your underwriters will be able to see clearly what kind of condition your body is in.
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 will assess 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 covered.
Once the insurance company assesses all of your information, the underwriters will have enough info to determine whether or not to proceed with a policy.
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 information, you can take steps 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 you can find it.
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 assist you in your insurance search. We can save you time, hassle, and hopefully money, as we help you find the perfect insurance for your family. Just fill out our simple insurance form, and you’ll be on your way.
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 partners.
Unlike a traditional insurance agent, we represent lots 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 how life insurance works.
If that is the case, give us a tool-free call at 888-229-7522 and get the help you need.
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 family.
Regardless of your health and pre-existing complications, we can work with you to find the best policy available.
Putting a life insurance policy in place to keep your family safe is the best thing you can do, so nothing should stop you from getting the insurance the deserve.