Life Insurance With Kidney Disease

Written by Jason Fisher

Life insurance is one of the most important purchases that you’re going to make for your family. It can be a long and difficult process, especially if you have any severe health complications, like kidney disease. While it can be frustrating trying to purchase a policy with kidney disease, it isn’t impossible. In fact, even with this complication and other conditions such as needing life insurance with arthritis or life insurance with epilepsy, you can still find affordable coverage for you and your loved ones. Do you have other health conditions such as lupus and wondering if you can qualify for life insurance with lupus? Let us answer what questions you have and help you find the coverage you deserve.

Finding life insurance with kidney disease can be more difficult if you don’t know where to go, or what resources to rely on, luckily we are here to help. If you’ve been told that you can’t get insurance coverage because of your kidney disease, or you’ve been declineLife Insurance with Kidney Diseased because of the condition, there are still several insurance options for you. Not having life insurance is one of the worst mistakes that millions of Americans make every year.

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If you were to pass away tomorrow, your family would be left with thousands and thousands of dollars in debt. Everything from mortgages, hospital bills, and credit card bills can leave your grieving family with serious debt that puts them under additional financial strain, not to mention any funeral expenses.

Your kidneys play a major role in your body’s ability to maintain it’s health on a day-to-day basis, so issues with your kidneys greatly increase your risk to a life insurance company.

Fortunately, we can help you navigate the carriers to find the best rates for you and your situation. If you deal with any form of kidney disease, let us help you find what you’re looking for.

Life Insurance With Kidney Disease

Because your kidneys are a primary necessity for your body to function correctly, malfunctioning kidneys are a big threat to insurers. Luckily, life insurance with kidney disease is still obtainable if you meet certain criterion.

According to the National Kidney Foundation, approximately 1 in 9 mature adults have some form of kidney disease.

There are different types of kidney disease:

Congenital Kidney Diseases

  • Polycystic Kidney Disease
  • Renal Dysplasia
  • Alport’s Syndrome
  • Cystinuria

Acquired Kidney Disease

  • Diabetic Nephropathy
  • Kidney Stones
  • Lupus Nephritis
  • Renal Failure

There are many more types we haven’t mentioned, but each can be unique in its symptoms as well as its treatments. When you’re looking to buy life insurance with one of these conditions, there are many things which an insurer is going to be searching for. Anything from how long you’ve been dealing with it (if not congenital), what complications you’ve endured, what treatments or medications you have undergone, and ultimately, the severity of your current condition.

For mild to moderate cases of kidney disease, life insurance can be insured somewhere in the league of a standard rate. These types would be those most prominent and closely linked to acute disorders. Most moderate to severe cases will normally be underwritten, at best, to a substandard level. There are certain types of kidney disease where life insurance is no longer an option.

Questions About Life Insurance With Kidney Disease

Most often, each company will have a different set of questions when asking about your current kidney disease. Life insurance companies will vary slightly in how they ask the questions, but for the most part, they are looking for the same key factors.

  1. What type of kidney disease do you have?
  2. When were you diagnosed with kidney disease?
  3. What complications have you had?
  4. Are you currently taking medications? What kind?
  5. Do you have any other health conditions as a result?
  6. Do you have a family history of kidney disease?

While each question isn’t singularly dependent on your answer, they could collectively give the underwriter a better visual of what your dealing with, and how they can expect it will affect you in the long run. Many people live long lives with kidney disease as treatments progress, but life expectancy can be less on average, meaning you are a high risk to the company issuing coverage.

One thing in particular which can hurt your ability to obtain affordable life insurance coverage  with kidney disease is your overall health. Yes, with kidney disease, finding affordable insurance is going to be more difficult, but your pre-existing condition isn’t’ going to be the only thing that the company looks at. After you complete the initial paperwork with the company, they will send out a paramedic or nurse to complete a simple medical exam (unless you choose a no medical exam policy). There are several other factors that could drastically harm your chances of getting coverage. Concerns with high blood pressure and diabetes, for example, are somewhat common and can have major impacts on your rates. Your weight, lifestyle and other habits can also be taken into account.

If you want to improve your chances of getting lower monthly rates, spend time improving your health through diet and exercise. Both of these will help you lose those extra pounds, lower your blood pressure, and your cholesterol, all of which will translate into lower monthly premiums and keep more money in your wallet.

Each insurance company is different. They all have different rating systems and view different health complications different. Some are going to view kidney disease more favorably than others. Some companies have more experience working with applicants with kidney disease, which means you’ll be offered better rates.

To ensure you have the best odds of getting the best rates, you’ll want to use an independent agent who is knowledgeable in the area. This will not only help you sift through multiple carriers for rates, but also get offers in a preliminary search to give you the best shot of applying with a company who will decline you.

How much Life Insurance do you need?

Aside from finding the best company for your needs, it’s vital that you get enough insurance coverage for you and your family. There are several different factors that you have to consider when purchasing a life insurance policy.

The first is your debt, as we mentioned, your family would be left with all of your debt if you were to pass away. A life insurance policy gives them the resources they need to pay off all of those bills. Before you purchase a policy, add up all of your debt and make sure your policy would be large enough to pay all of those off.

The other factor that you have to consider is your annual income. The other goal of an insurance policy is to replace your income to keep your family from suffering serious financial loss. Your insurance plan can replace your salary to give them the time and resources they need to find a way to permanently replace your income.

If you have questions about your kidney disease and life insurance is on your mind, don’t hesitate to contact us and we’d be happy to assist you through the process.

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