Life Insurance with Diabetes Insipidus.
In this article, we wanted to take a moment and try and answer some of the most common questions we get from folks applying for life insurance after they have been diagnosed with Diabetes Insipidus (DI).
Questions that will be directly addressed will include:
- Can I qualify for life insurance after I’ve been diagnosed with a Diabetes Insipidus?
- Why do life insurance companies care if I’ve been diagnosed with Diabetes Insipidus?
- What kind of information will the insurance companies ask me or be interested in?
- What rate (or price) can I qualify for?
- What can I do to help ensure that I get the “best life insurance” for me?
So, without further ado, let’ dive right in!
Can I qualify for life insurance after I’ve been diagnosed with Diabetes Insipidus?
Yes, individuals who have been diagnosed with Diabetes Insipidus can and often will be able to qualify for a traditional term or whole life insurance policy. In fact, they may even be able to qualify for a Preferred rate!
The only problem is…
That because Diabetes Insipidus can be caused by a variety of different medical conditions, most life insurance companies are going to want to know “why” an individual has been developed this somewhat rare condition prior to making any kind of definitive decisions about your life insurance application.
Why do life insurance companies care if I’ve been diagnosed with Diabetes Insipidus?
Probably the best way to understand why a life insurance company might “care” if you’ve been diagnosed with Diabetes Insipidus is to take a moment and just briefly examine what Diabetes Insipidus is.
Diabetes Insipidus Defined:
Diabetes Insipidus is pre-existing medical condition which causes an “imbalance” of fluids within the body. It is caused by an insufficient amount of the antidiuretic hormone (ADH) which helps one’s kidneys to manage the amount of water within the body. This insufficiency can be caused by:
- Damage to the pituitary gland or hypothalamus,
- A tumor within the pituitary gland or hypothalamus,
- A traumatic brain injury,
Or by any number of illnesses that can damage the brain directly. It is also believed that there may also be a genetic link or cause for this disease as well.
Symptoms of Diabetes Insipidus may include:
- Extreme thirst that can’t seem to be quenched (polydipsia),
- Excessive need to urinate (polyuria),
- Colorless urine,
- Difficulty sleeping through the night due to frequent need to urinate,
- Dry skin,
Diabetes Insipidus is a pre-existing medical condition that can be treated by replacing one’s own natural ADH which isn’t being produced at an adequate level with a man-made replacement hormone called Desmopressin (DDAVP). Which is why, most life insurance companies are going to be willing to insurance someone who has been diagnosed with Diabetes Insipidus provided that the underlying “cause” of their condition isn’t too serious and/or has been fully treated prior to applying for coverage.
What kind of information will the insurance companies ask me or be interested in?
Common questions you’ll likely be asked may include:
- When were you first diagnosed with Diabetes Insipidus?
- Who diagnosed your Diabetes Insipidus? A general practitioner? Or a specialist?
- What symptoms (if any) led to your Diabetes Insipidus diagnosis?
- Do you know what has causes you to suffer from this condition?
- Have you been diagnosed with cancer?
- Have you been diagnosed with a pituitary or hypothalamus tumor?
- Have you suffered from any brain injuries or infections?
- What treatment options have you pursed to treat your Diabetes Insipidus?
- In the past 2 years have you been admitted into a hospital for any reason?
- Are you currently working now?
- In the past 12 months, have you applied for or received any form of disability benefits?
Now at this point…
We usually like to take a moment and remind folks that nobody here at IBUSA has any kind of “official” medical training and we’re certainly not doctors. All we are is a bunch of life insurance agents who just happen to be really good at helping folks with pre-existing medical conditions like this one, find and qualify for the life insurance coverage that they are looking for.
Not so great if you’re looking for answers to any specific medical questions. In cases like these, we would recommend that you contact a true medical professional who has the training to help. For everyone else, you’re in luck because now we’re going to get into some of the “nitty gritty” about what you may or may not be able to qualify for.
What rate (or price) can I qualify for?
As you can see, there are a lot of factors that can come into play when trying to determine what kind of “rate” that an individual might be able to qualify for after having been diagnosed with Diabetes Insipidus. Which is why it’s pretty much impossible to know what kind of “rate” that you might be able to qualify for without first speaking with you for a few moments.
That said however…
There a few “assumptions” that we can make about folks who have been diagnosed with Diabetes Insipidus which will generally hold true and hopefully provide you with a better idea about what kind of right that you “might” be able to qualify for.
If it turns out that you Diabetes Insipidus was caused by some kind of injury or benign tumor that has been removed and you don’t seem to be suffering from any residual effects from your condition, it’s reasonable to assume that most life insurance companies aren’t generally going to discriminate against you too severely as result of your DI diagnosis Which means that you may still be considered eligible for a Preferred rate provided that you would be able to meet all other requirements in order to earn such a rate!
As for everyone else…
What you’re usually going to find is that even in the most “severe” DI cases individuals will usually still be able to qualify for a traditional term or whole life insurance policy only now they may only be able to qualify for a Standard or “high-risk” classification.
The good news is…
That regardless of your situation, we here at IBUSA can help because we have tons of experience helping folks with all sorts of pre-existing medical conditions like yours and are committed to helping all of our clients find the “best” life insurance policy that they can qualify for. Which brings us to the last topic that we wanted to take a moment and discuss which is…
What can I do to help ensure that I get the “best life insurance” for me?
In our experience here at IBUSA, what we have found that usually the folks who seem to find the “best” life insurance policy for them are those that:
- Take their time reviewing their options.
- Ask a lot of questions.
And seek out those life insurance agents who not only have experience working with individuals who have been diagnosed with a wide variety of pre-existing medical conditions, but also have access to dozens of different life insurance companies so that when it comes time to helping a more “challenging” case, they don’t have to rely on a…
“One size fits all approach!”
The good news is that this is exactly what you’re going to find here at IBUSA so, if you ready to find out what we can do for you, just give us a call and let give us a chance to show you what we can do for you!