Life Insurance with Celiac Disease.
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 having been diagnosed with Celiac Disease or Sprue.
- Can I qualify for life insurance if I’ve been diagnosed with Celiac Disease or Sprue?
- Why do life insurance companies care if I have been diagnosed with Celiac Disease or Sprue?
- What kind of information will the insurance companies ask me or be interested in?
- What “rate” 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 Celiac Disease or Sprue?
Yes, individuals who have been diagnosed with Celiac Disease or Sprue 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 in some cases. The problem is that because Celiac Disease is an autoimmune disease that can cause a wide variety of symptoms some of which can become quite serious most life insurance companies are going to want to learn a lot more about an individual’s situation prior to making any kind of definitive decisions about their life insurance application.
Why do life insurance companies care if I have been diagnosed with Celiac Disease or Sprue?
The main reason why most life insurance companies are going to “care” if an individual has been diagnosed with Celiac Disease is because Celiac Disease is a serious autoimmune disease that occurs in individuals who have a genetic trait which predisposes them to have an intense reaction to gluten which is a protein found in wheat, rye and barley. And by intense reaction, we mean that their bodies will mount an immune response and attack their own small intestine.
Symptoms of Celiac Disease may include:
- Excessive gas,
- Feelings of fatigue,
- Unexplained weight loss,
While there currently isn’t a cure for Celiac Disease, most individual who are willing and able to follow a strict gluten-free diet will be able to manage their symptoms and promote a healthy intestine. Which is great, but what worries most life insurance companies is that for those who either are never diagnosed with this condition or fail to treat it properly, celiac disease is believed to be FATAL in 10 to 30% of people suffering from this condition!
Which is why…
Prior to being approved for a traditional life insurance policy, most (if not all) life insurance companies are going to want to ask you a series of medical questions all about your Celiac Disease so that they can get a better idea of how well you are managing your condition.
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 your first diagnosed with Celiac Disease?
- Who diagnosed your Celiac Disease? A general practitioner or a gastroenterologist?
- What symptoms (if any) led to your Celiac Disease diagnosis?
- Since your diagnosis, how well have you been able to manage your condition?
- Are you currently suffering form any symptoms related to your Celiac Disease diagnosis?
- Have you been diagnosed with any other pre-existing medical conditions?
- In the past 2 years, have you been admitted to 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?
“Which brings us to an important point that we think we ought to mention.”
If you think you have a medical issue, don’t use the internet to try and diagnose yourself. After all, if you do and your correct, you’re still going to need to see the doctor, and if you’re wrong, the time you spend being you’re on doctor could really cause great harm to yourself!
Nobody here at IBUSA is medically trained and we’re certainly not doctors. All we ware is a bunch of life insurance agents who just happened to be really good at helping individual find and qualify for the life insurance that they’re looking for. So please don’t mistake any of the medical information that we talk about as medical advice because it’s not!
Trying to “prep” you for what it might be like to apply for a life insurance policy after you have been diagnosed with Celiac Disease… that’s it! Which brings us to our next topic which is…
What “rate” can I qualify for?
Now as we’ve previously discussed, Celiac Disease is a serious autoimmune disease that currently isn’t curable. The good news is that it’s also a disease that is well understood and quite manageable provided that one follows a strict gluten free diet.
For this reason…
Instead of using your Celiac Disease diagnosis to determine what kind of “rate” you’ll be able to qualify for, most life insurance companies will typically “assume” that you would be eligible for a Preferred rate provided you are taking the necessary steps to minimize the severity of your condition. This is why it’s pretty much impossible to know for sure what kind of rate that you might be able to qualify for without first speaking with you directly and getting a better understanding of how “severe” your condition is.
That said however…
What we can say for sure is that if you are currently experiencing severe symptoms associated with your disease, chances are you’re probably going to find that most (if not all) life insurance companies are going to want to postpone your application until which point you have a better “handle” on your condition.
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!