Life Insurance with Hypogammaglobulinemia.
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 Congenital Hypogammaglobulinemia.
Questions that will be addressed will include:
- Can I qualify for life insurance if I have been diagnosed with Congenital Hypogammaglobulinemia?
- Why do life insurance companies care if I have been diagnosed with Congenital Hypogammaglobulinemia?
- 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 Congenital Hypogammaglobulinemia?
Yes, individuals who have been diagnosed with Congenital Hypogammaglobulinemia can and often will be able to qualify for a traditional term or whole life insurance policy.
The only problem is…
That Hypogammaglobulinemia is a condition that is going to directly affect one’s ability to fight off and avoid infections. This is why most life insurance companies are going to want to learn a lot more about how “serious” your Congenital Hypogammaglobulinemia is before making any decision about your life insurance application.
It’s also why…
You may want to consider avoiding applying for a no medical exam term life insurance policy as well, seeing how these policies tend to be more difficult to qualify for after someone has been diagnosed with a pre-existing medical condition like Hypogammaglobulinemia.
Why do life insurance companies care if I have been diagnosed with Congenital Hypogammaglobulinemia?
The main reason why most of the best term life insurance companies is going to “care” if you have been diagnosed with Congenital Hypogammaglobulinemia is that it is a pre-existing medical condition that is defined by the bodies inability to produce enough gamma globulins which play a significant role in the proper functioning of one’s immune system.
Symptoms of Hypogammaglobulinemia may include:
Serious complications may include:
- Autoimmune disorders such as Crohn’s Disease and/or Ulcerative Colitis,
- Internal organ damage,
- Increase the risk of cancer,
There is no cure for Hypogammaglobulinemia however, when diagnosed early and managed closely, individuals who have been diagnosed with Hypogammaglobulinemia can and often will be able to minimize many of the harmful effects that this disease can cause. Which is why many individuals will still be able to qualify for a traditional term or whole life insurance policy.
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. We are 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 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 kind of information will the insurance companies ask me or be interested in?
Common questions that you’ll likely be asked may include:
- When were your first diagnosed with Hypogammaglobulinemia?
- Who diagnosed your Hypogammaglobulinemia? A general practitioner or a specialist?
- What symptoms (if any) led to your Hypogammaglobulinemia diagnosis?
- How would you or your doctor “classify” your condition? Mild, moderate, or severe?
- Have you been diagnosed with any other pre-existing medical conditions?
- Are you currently taking any prescription medications?
- How frequently do you suffer from an infection?
- In the past two years, have you been hospitalized 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?
As you can see, there are a lot of factors that can come into play when trying to determine what kind of “rate” an individual who has been diagnosed with Hypogammaglobulinemia can qualify for when applying for a traditional term or whole life insurance policy. 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.
That said however…
There are a few “assumptions” that we can make about those who have been diagnosed with Hypogammaglobulinemia that will generally hold true.
For example, it’s reasonable to assume that individuals who have been diagnosed with Hypogammaglobulinemia but haven’t suffered from any “major” infections due to their compromised immune system will be able to qualify for a traditional term or whole life insurance policy.
It’s highly unlikely that they will be able to qualify for anything above a Standard rate and will probably only be able to qualify for a “sub-standard” rate in most cases. Additionally, it’s reasonable to assume that if you have been diagnosed with some kind of serious infection such as meningitis or have been diagnosed with:
Or some other “kind” of internal organ damage, it’s quite possible that you may not be able to qualify at all!
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 Hypogammaglobulinemia?
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.