Life Insurance with Meniere’s Disease.
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 being diagnosed with Meniere’s Disease.
Questions that will be addressed will include:
- Can I qualify for life insurance if I have been diagnosed with Meniere’s Disease?
- Why do life insurance companies care if I have been diagnosed with Meniere’s Disease?
- 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 Meniere’s Disease?
Yes, individuals who have been diagnosed with Meniere’s Disease 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 some of the best no medical exam life insurance companies at a Preferred rate!
The problem is…
That while it is true that most of the top-rated life insurance companies aren’t going to be all that worried about the fact that someone has been previously diagnosed with Meniere’s Disease, they may become concerned about “why” an individual has been diagnosed with Meniere’s Disease. This is especially true if someone has been diagnosed with Meniere’s Disease on multiple occasions.
Why do life insurance companies care if I have been diagnosed with Meniere’s Disease?
As we just stated most life insurance companies aren’t going to be all that worried about the fact that someone has been diagnosed with Meniere’s Disease provided that their “condition” has resolved itself and an individual has made a full recovery. Instead, what may cause a life insurance underwriter to become a “bit” nervous is when someone seems to have “contracted” their Meniere’s Disease as a result of some type of pre-existing medical condition which may make them more susceptible towards developing Meniere’s Disease in the future.
For this reason…
We wanted to take a moment and just briefly describe what Meniere’s Disease is as well as highlight some of the most common symptoms and well as mention what some of the most common reasons why someone might develop Meniere’s.
Meniere’s Disease Defined:
Meniere’s disease is a disease that affects one’s inner ear and can cause patients to suffer from vertigo and/or hearing loss. In most cases, individuals will only have Meniere’s Disease in one ear and will usually make it’s first “appearance” during young to middle-aged adulthood.
Common symptoms may include:
- Dizzy “spells”,
- Hearing loss,
- Aural fullness or the sensation that one’s ear is “full”,
Sever complications may include:
- Permanent hearing loss,
- Injuries due to falls,
- Intractable tinnitus.
The cause of Meniere’s Disease isn’t known, but researches seem to believe that it may be caused by “changes” occurring to the fluids within the inner ear, which suggests that the disease may be linked to either some “kind” of autoimmune disease or allergic reaction. The good news is that people can often find relief of Meniere’s Disease by utilizing motion sickness and anti-nausea medications.
“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 you’re correct, you’re still going to need to see the doctor, and if you’re wrong, the time you spend being your own doctor could really harm 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 individuals 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 Meniere’s Disease… that’s it! This brings us to our next topic, which is…
What kind of information will the insurance companies ask me or be interested in?
Common questions you’ll likely be asked may include:
- When was the first time you were diagnosed with Meniere’s Disease?
- Who diagnosed your Meniere’s Disease? A general practitioner? A specialist? Yourself?
- How many times have you developed Meniere’s Disease?
- Have you been diagnosed with any other pre-existing medical conditions?
- Are you currently taking any prescription medications?
- In the past two years, have you been hospitalized for any reason?
- Do you have any issues with your driving record? Issues such as multiple moving violations, a DUI, or a suspended license?
- In the past 12 months, have you used any tobacco or nicotine products?
- Do you have a history or drug or alcohol abuse?
- 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 from the questions above, most life insurance companies aren’t going to spend a ton of time worrying about the fact that you have been diagnosed with Meniere’s Disease; instead, they are going to spend the majority of the time trying to rule out the possibility that you might suffer from some other kind of “serious” pre-existing medical condition as well as trying to determine if your Meniere’s Disease has caused you to suffer from any “serious” accidents or falls.
This is why…
It’s pretty much impossible to know what kind of “rate” that you might be able to qualify for without fist speaking with you for a few minutes. That said, however, it is reasonable to assume that if you have previously developed Meniere’s Disease but have now made a full recovery and don’t seem to be suffering from any “lingering” effects of your disease, one should be able to “assume” that whatever rate you would have been able to qualify for PRIOR to being diagnosed with Meniere’s Disease ought to the be the “rate” that you would be able to qualify for AFTER having been diagnosed with Meniere’s Disease.
As for the rest…
Who may be currently suffering from their Meniere’s disease or have some other more “serious” pre-existing medical condition, what you’re probably going to find is that most life insurance companies will choose to review each situation on a case by case basis.
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 Meniere’s Disease?
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.
So, if you’re ready to see what options might be available to you, just give us a call!