Life Insurance with Hepatitis (A, B, or C).
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 having been diagnosed with either Hepatitis A, Hepatitis B, or Hepatitis C.
Questions that will be addressed will include:
- Can I qualify for life insurance if I have been diagnosed with Hepatitis?
- Why do life insurance companies care if I have been diagnosed with Hepatitis?
- 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’s dive right in!
Can I qualify for life insurance if I have been diagnosed with Hepatitis?
Yes, individuals who have been diagnosed with Hepatitis can and often will be able to qualify for a traditional term or whole life insurance policy. In fact, some may even be able to qualify for a term life insurance policy without a medical exam!
The only problem is…
After being diagnosed with Hepatitis, there are going to be a lot of additional factors that are going to come into play when determining the “type” of life insurance that you will be able to qualify for.
This is why…
Before being approved for a traditional term or whole life insurance policy most, (if not all) of the best life insurance companies will want to ask you a series of questions designed to learn more about what “kind” of Hepatitis you were diagnosed with and how “serious” your condition may or may not be.
Why do life insurance companies care if I have been diagnosed with Hepatitis?
The main reason what a life insurance company is going to “care” if you have been diagnosed with Hepatitis is that at the end of the day no matter how “treatable” this condition continues to become, it still has the potential to become a “life-threatening” medical condition which is why most life insurance underwriters will want to know exactly how you are treating your condition prior to making any kind of definitive decisions about the outcome of your life insurance application.
It’s also why…
We wanted to take a moment to describe what Hepatitis is, how certain “types” will vary from one another, and highlight some of the most common symptoms of Hepatitis, which are sure to play a role in the outcome of your traditional life insurance application.
Hepatitis is a medical condition that is defined as an infection or inflammation of the liver. In total, there are five “types” of Hepatitis that one can suffer from (A-E); however, within the United States, one will typically only encounter types A, B, and C.
Hepatitis A is a vaccine-preventable disease that is caused by the Hepatitis A virus or HAV. This virus is usually caused by person to person contamination usually through the fecal-oral route or by the consumption of contaminated food or water. Hepatitis A is one of the reasons why you’ll usually see an…
“All employees must wash their hands”.
Sign in a restaurant’s bathroom.
Common symptoms may include:
- Flu-like symptoms,
- Sudden nausea and/or vomiting,
- Clay-colored bowel movements,
- Loss of appetite,
- Dark urine,
- Joint pain,
Once an individual “contracts” Hepatitis A, there isn’t any kind of treatment that they can take other than palliative remedies combined with rest. The good news is that most folks will recover from Hepatitis within a few months.
Hepatitis B is also a vaccine-preventable disease. Only in this case it is caused by the Hepatitis B virus or HBV, and unlike Hepatitis A which can be passed via contaminated food or water, Hepatitis B can only be transmitted via blood, semen or some other bodily fluid.
Hepatitis B can also differ from Hepatitis A in that while some individuals may only suffer from a short-term or acute infection, others may have their Hepatitis B become a chronic infection capable of causing some pretty significant health complications and possibly causing cirrhosis of the liver and or liver cancer.
Common symptoms may include:
- Light-colored bowl movements,
- Flu like symptoms,
- Stomach “issues” and/or pain, which can last for months.
For those suffering from chronic cases of Hepatitis B, there are treatment options that one can pursue, including several antiviral medications that can help minimize the damage done to one’s infected liver.
Hepatitis C is also defined as an infection of the liver; however, in this case, there currently isn’t a vaccine to prevent one from contracting the Hepatitis C virus (HCV).
The good news is that this disease is not easily contracted unless one is participating in “high-risk” activities such as participating in unprotected sex or sharing needles or other “equipment” used to inject drugs in which case one’s risk for contracting this disease remains high.
Individuals will find that approximately 70 to 85% will only develop a short-term illness as a result of their exposure to the HCV virus, while the remaining 15 to 30% will go on to develop a chronic and potentially deadly disease.
Common symptoms may include:
- Flu-like symptoms,
- Sore muscles,
- Joint pain,
- Stomach pain,
- Dark urine,
- Itchy skin,
Serious complications that may arise may include:
- Cirrhosis of the liver,
- Cancer of the liver,
- Liver failure.
Before anyone gets too upset or beings complaining about the simplicity of our definitions that we’re using here, it’s important to understand that we here at IBUSA aren’t medical experts of 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 the ones described above find and qualify for coverage.
Which means that…
Because we’re not going to be the one “diagnosing” your condition and certainly not going to be the ones helping you treat your condition, all we need to do is understand that there are differences between these different “types” of Hepatitis and that those differences are going to affect how a life insurance underwriter is going to consider you as a potential “risk.” The good news is that despite how simply our definitions of these different types of Hepatitis are, this is something that we actually have down pat!
Which is why…
When we are approached by an individual who has been diagnosed with any of these “kinds” of conditions, we’re going to know right away what questions a life insurance underwriter is going to want to know the answers too before he or she will be willing to make any kind of decision about the outcome of your life insurance application.
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 Hepatitis?
- Who diagnosed your Hepatitis? A general practitioner or a specialist?
- What “kind” of Hepatitis have you been diagnosed with?
- Have you been given a definitive “diagnosis”?
- Do you know “how” you contracted Hepatitis?
- What symptoms (if any) led to your diagnosis?
- What treatment options did you pursue (if any)?
- Are you still receiving treatment for your Hepatitis?
- When was the last time you had a liver enzyme test?
- Are you currently taking any prescription medications?
- Do you currently drink any alcohol?
- Do you have a history of drug or alcohol abuse?
- Have you ever been convicted of a felony or misdemeanor?
- Do you have any issues with your driving record? Issues such as multiple moving violations, a DUI, or a suspended license?
- In the past two 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?
What rate (or price) can I qualify for?
Now, as you can see, there are a lot of factors that can come into play when trying to determine what kind of “rate” that you might be able to qualify for after having been diagnosed with Hepatitis. This is why it’s pretty much impossible to know what kind of “rate” you might be able to qualify for without first speaking with you directly for a few moments.
That said, however…
There are a few “assumptions” that we can make about individuals applying for a traditional term or whole life insurance policy after having been diagnosed with Hepatitis.
For example, if you have been diagnosed with either Hepatitis A or Hepatitis B and have completely recovered from your infection and don’t seem to be suffering from any lingering effects of your infection and are completely “viral” free in your blood draw, it’s reasonable to assume that you may be able to qualify for a Preferred rate assuming that you would otherwise be eligible.
Now as for those…
Who have been diagnosed with Hepatitis C, and undergone a “viral cure” treatment it is possible to also be able to qualify for a Preferred rate if after six months from your treatment you are able to demonstrate that you are “cured”, and the “cause” of your infection isn’t something that might cause you from being considered eligible for coverage (think intravenous drug use).
As for everyone else…
Who may still remain positive for Hepatitis B or C, it’s possible that you too may be able to qualify for a traditional term or whole life insurance policy only now you will most likely be considered a “higher-risk” candidate who will mean that you will want to be much more selective with “which” life insurance companies you choose to apply with.
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. 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!
Now, will we be able to help out everyone who has been previously diagnosed with Hepatitis?
No, probably not. But what we can tell you is that in addition to offering a wide variety of different term and whole life insurance policies, IBUSA has also worked very hard to establish relationships with many of the Best Final Expense Insurance Companies as well so that in the event that someone isn’t able to qualify for a traditional life insurance policy, chances are there may be some other “type” of product that you CAN qualify for.