If you have been diagnosed with one of the many kinds of liver diseases, you may have thought about what your options are now regarding life insurance.
Life insurance and liver disease are a combo which is insurable in some, but certainly not all, instances.
Liver disease has many different kinds, and different levels of severity, so your situation may not be the exact same as the next persons.
We understand that looking for any type of life insurance coverage can be a daunting task, whether you are healthy or not.
Liver Disease And Life Insurance
There are many different types of liver disease, and life insurance approval is heavily dependent on which type you have, and what kind of symptoms you may be already experiencing.
Below are common symptoms of liver disease:
- Blood Sugar Imbalance
- Digestive Issues
- Fat Absorption Problems
- Immune Disorders
- Metabolism Inefficiencies
Each life insurance company is going to look to see how your liver disease has impacted your life, what kind of long-term issues may arise, and they’ll also evaluate the likelihood of any complications to more serious diseases.
You will also be evaluated based on your level of treatment. They will research if you have been seeking little treatment with great results, or have you been getting significant amounts of treatment over a long period of time with little success.
Other daily activities are also going to influence whether you may be a risk for life insurance. Liver disease is just one cog in the machine in which an underwriter will evaluate your application. Things like smoking, drinking alcohol, and obesity will probably harm your chances of getting life insurance.
Liver Function Tests
Liver function tests will be some of the most specific information an underwriter will be reviewing when you apply.
According to WebMD:
Liver enzyme tests, formerly called liver function tests (LFTs), are a group of blood tests that detect inflammation and damage to the liver. They can also check how well the liver is working.
The tests will seek not only a diagnosis of what is currently going on but also what has happened in the past and what kind of damage has occurred so far. The severity of damage is the greatest concern because there are so many other parts of the body which can be affected if the liver is not functioning properly.
If your tests show instability or rapid decline in the health of your liver, the chances of being approved for life insurance become much more difficult. Stability and control are key to getting a favorable policy.
More Questions From The Underwriter
Underwriters are different within each company, but most will ask you a set of questions like these:
- What was the date of your original diagnosis?
- Are you currently undergoing treatment?
- What types of treatment have you gone through previously?
- Are you hepatitis positive?
- What does your current blood profile look like?
- What are the results of your LFTs?
- Have you had issues with any related organs?
There will likely be more questions, depending on your unique situation.
Any doctors or specialists you may have seen previously will be contacted by the life insurance carrier to verify your history, as well as treatments and medications. All this information will help the insurer to make the best decision regarding your level of health risk.
How Should You Apply?
You absolutely need to use an independent insurance agent.
An independent agent is the only one which will be able to approach all the different carriers with your needs to see which company will be the best fit. Please understand there is no certainty you’ll get coverage, but as independent agents ourselves, we place a lot of insurance policies many carriers deny.
Working with an independent agent has several advantages, most notably, it will save you both time and money on your insurance policy.
You also need to apply before it’s too late.
Liver disease is not a simple, curable disease like so many others. It can be maintained with thorough care, but it is not necessarily a repairable complication. The only stipulation here would be waiting a specified period (postponement) due to a certain type of liver disease if required by the carrier.
Again, an independent agent will help explain all the details. We have experience working with dozens of companies and know which of them view liver disease more favorably.
Life insurance is one of the most important things that you can ever purchase for your family, and you should ensure that you’re making the best decision for your family.
A pre-existing condition like liver disease should not keep you from getting the insurance protection that you and your family deserve. There are plenty of insurance companies that specialize in insuring applicants with liver disease and you can still get affordable coverage. If anyone has ever told that you won’t be able to get insurance coverage because of your health or any complications, don’t believe it.
Not having life insurance could leave your loved ones with thousands of dollars of debt and no money to help pay for those bills.
If you have any questions about getting life insurance with liver disease, please contact us today. We will be happy to answer your questions and ensure that you’re getting the best coverage. You never know what’s going to happen tomorrow, don’t wait any longer to start the life insurance process.