Alice Braga

My take on insurance and financial needs

Pre-Existing Conditions And Life Insurance

While there are a lot of people that understand just how important life insurance is, there are some who do not realize just how devastating it can be for their loved ones to be left without a financial safety net upon their passing. There can be any sort of sudden illness or accident that can lead to an unexpected death, so it is always a good idea to hold a life insurance policy to give your loved ones financial security. If you happen to have a pre-existing health problem, you will want to look into your options so that you are not paying a high rate for your insurance coverage. Such pre-existing conditions can include asthma, cancer, heart disease or diabetes.

guaranteed issue life insurance policyThe good thing is that you can still have options when it comes to high risk life insurance policies. It is all a matter of finding the best rate and the coverage that you desire. By working with an insurance advisor, you should be able to find the best coverage regardless of whatever health condition you are dealing with. Whether you have been turned down in the past due to your health problems or you are worried about having to pay a high premium, the right advisor will be able to work with you to get a good rate that you can afford.

Getting a Life Insurance Policy with a Pre-Existing Condition

The major difference when it comes to impaired or high risk life insurance is that the client is able to be matched with a provider that works with the best coverage for any given health issue or you can opt for a guaranteed issue policy where you have no health questions at all. This actually takes away a lot of stress that would normally come along with insurance policies for those who have pre-existing health problems.

Insurance agents who represent your normal life insurance company will only offer the policies that are sold by whatever company that they work for. This means individuals that have health problems could pay more. This is why it is so important to find the right advisor who will shop around to get you the best rate for a high risk policy so that you can have great coverage.

Info & Utils

Published in Sunday, September 7th, 2014, at 9:00 am, and filed under life insurance.

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