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Life Insurance for Alport Syndrome (Hereditary Nephritis) Applicants. Everything You Need to Know at a Glance!


Life Insurance with Alport Syndrome or Hereditary Nephritis.

In this article, we wanted to take a moment to answer some of the most common questions we get from folks applying for life insurance after they have been diagnosed with Alport Syndrome or Hereditary Nephritis.

Questions that will be addressed within this article will include:

  • Can I qualify for life insurance if I have been diagnosed with Alport Syndrome or Hereditary Nephritis?
  • Why do life insurance companies care if I have been diagnosed with Alport Syndrome or Hereditary Nephritis?
  • What “kind” of life insurance policies 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’s dive right in!

Can I qualify for life insurance if I have been diagnosed with Alport Syndrome or Hereditary Nephritis?

Unfortunately, Alport Syndrome is one of those “kinds” of pre-existing medical conditions that makes it pretty much impossible for you to qualify for a traditional term or whole life insurance policy. This means that if you still wish to purchase a life insurance policy, you will need to consider an “alternative” option such as a guaranteed issue life insurance policy (aka Final Expense Insurance) or an accidental death policy.

Why do life insurance companies care if I have been diagnosed with Alport Syndrome or Hereditary Nephritis?

The main reason why most top rated life insurance companies are going to “care” if you have been diagnosed with Alport Syndrome is because Alport Syndrome is a genetic disease that damages the small blood vessels located within a patient’s kidneys which will typically lead to kidney disease and/or kidney failure.

And…

In males, symptoms of this disease will usually appear during early childhood with full end-stage renal disease by age 40.

That said, however, some recent studies seem to show some progress is being made with new treatment options, which could potentially slow down the progression of this disease and make this grim prognosis a thing of the past.

Fortunately…

Alport Syndrome seems to be a somewhat recessive gene linked to the X chromosome, limiting much of the harmful effects of this disease to males only. As a result, women who suffer from this condition will generally suffer from kidney failure far less frequently and usually at a much slower rate.

Which is good news…

But because both genders are at risk for developing kidney failure, most (if not all) life insurance companies are going to immediately deny any application for a traditional term or whole life insurance policy once it has been determined that you have been diagnosed with Alport Syndrome regardless of whether you’re male or female.

This is why…

Individuals who have been diagnosed with Alport Syndrome will need to seek out an “alternative” life insurance product should they wish to provide some coverage for themselves.

Now at this point…

It’s probably a good idea to remind folks that while we here at IBUSA are not medical professionals, and we’re certainly not doctors. All we are is a bunch of life insurance agents who are passionate about helping folks qualify for a life insurance policy, particularly if they have been diagnosed with some “kind” of a pre-existing medical condition like Alport Syndrome which can make it much more difficult to qualify for coverage.

So…

If you feel like you may need medical assistance or you find yourself trying to “self-diagnosis” yourself by using some of the information that you find on our website, please do yourself a favor and go see a REAL doctor!

As for those…

Who are just looking for help finding and qualifying for a traditional life insurance policy, the good news is you’re definitely at the right place!

What “kind” of life insurance policies can I qualify for?

In cases like these, we really don’t have all that much to talk about because individuals who have been diagnosed with Alport Syndrome aren’t typically going to qualify for a traditional life insurance policy. So, instead of talking about what “kind” of rate an individual might be able to qualify for, we should focus our conversation on what “kind” of life insurance policy they might be able to qualify for.

Specifically speaking…

What kind of life insurance policies are available to individuals suffering from what one would generally consider a serious pre-existing medical condition? Fortunately, after having been diagnosed with Alport Syndrome, there are two different products that one might qualify for. The bad news is that neither of them is likely to be exactly what one is looking for.

For this reason…

We wanted to take a brief moment here in this article to take a look at each of the opportunities that might be available to you and invite you to either take a look an some of our other articles which will go into greater detail explaining how these other products work or just give us a call and let us go over each of them with you individually.

Accidental Death Policies.

The first thing that we want to make clear about these types of policies is that they are not considered TRUE life insurance policies. This is because they will only provide coverage in the event that you die from an accident like a:

  • Motor vehicle accident,
  • A slip and fall accident,
  • A natural disaster,
  • Etc, etc…

Which means that…

An accidental death policy isn’t going to provide any kind of financial protection if you end up dying from a heart attack, stroke, or cancer.

Or to put it another way…

That might be more meaningful for someone that has been diagnosed with Alport Syndrome; if you end up dying from kidney failure, an accidental death policy isn’t going to pay out a death benefit to your family. This is why, for a lot of folks who have been diagnosed with Alport Syndrome, choosing an accidental death policy isn’t going to be the answer that they’re looking for.

Now…

We should point out that these policies are a great way to supplement a TRUE life insurance policy (a policy that would provide protection for natural causes of death) but should only be purchased by those who fully understand that these types of policies will NEVER provide coverage in the event that you die from a natural cause.

Guaranteed Issue Life Insurance Policies.

Guaranteed issue life insurance policies, on the other hand, are TRUE life insurance policies that will provide coverage if you die from a natural cause of death after you live beyond a certain waiting period (which will be determined by the insurance company you choose). This “waiting period” is commonly referred to as a GRADED DEATH BENEFIT.

During this “waiting period”…

Your guaranteed issue life insurance policy will only provide coverage for accidental causes of death. Still, it will (in most cases) return all monies paid to the insurance companies to your beneficiary if you die from a natural cause of death before the GRADED DEATH BENEFIT expiring.

The reason why…

Guaranteed issue life insurance policies contain a graded death benefit is because you will not be asked any medical questions during the application process. In fact, as long as you live in a state where these “types” of life insurance policies are offered, and you are a US citizen over the age of 50 (sometimes 45), you should be eligible.

Which means that…

It’s possible that someone who is very seriously ill will purchase one of these life insurance policies just days before they die from some kind of natural disease. In cases like these, the insurance companies would have no way of protecting themselves from such a financial loss which is why they use a Graded Death Benefit as way of ensuring that folks don’t try to purchase one of these types of life insurance policies at the last moment.

We should note however…

That while these life insurance policies can be very helpful to those who can’t qualify for any other “type” of life insurance coverage, they do tend to be a bit “pricey” dollar for dollar when compared to other types of life insurance policies and will generally only allow an individual to purchase up to 25,000 dollars in coverage which may not make it worth it for some individuals.

This 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!

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