Life Insurance with Morphea (Mild).
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 being diagnosed with a mild case of Morphea?
Questions that will be addressed will include:
- Can I qualify for life insurance if I have been diagnosed with Morphea?
- Why do life insurance companies care if I have been diagnosed with Morphea?
- 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 Morphea?
Yes, individuals who have been diagnosed with Morphea can and often will be able to qualify for a traditional term or whole life insurance policy. The problem is, that because Morphea is a chronic illness that currently cannot be “cured” most life insurance companies are going to want to learn more about how “severe” your Morphea is before they will be willing to approve your life insurance application.
Why do life insurance companies care if I have been diagnosed with Morphea?
The main reason why a life insurance company is going to “care” if an individual has been diagnosed with a rare skin condition like Morphea is because in some cases, those affected by this disease can go on to develop some pretty serious complications. This is why we wanted to take a moment and discuss exactly what Morphea is as well as highlight some of the most common symptoms and complications of the disease so that we can gain a better understanding of what exactly a life insurance underwriter will be looking for when making his or her decision about your application.
Morphea is a rare skin disorder that causes individuals to develop patches of discolored skin that will often appear hardened all along the face, neck, hands, trunk and/or feet. Unfortunately, what causes this condition to occur is not know yet, but it is believed that it may be the result of some kind of autoimmune response form one’s own body causing one’s collagen-producing cells to become “overactive” which leads to the development of this diseases characteristic patches.
Common symptoms may include:
- Reddish or purple oval patches on the skin which will usually turn white in the center,
- Linear patterns of these patches may appear,
- A slow and gradual hardening of the affected skin may occur.
- Loss of hair and sweat glands within the affected area may also occur.
Serious complications may include:
- Restricted joint mobility,
- Permanent “cosmetic” deformities,
- Permanent eye damage,
- Permanent hair loss.
Will vary depending on the severity of one’s situation an may include use of ultraviolet light (phototherapy), oral medications, and in more severe cases immunosuppressive medications may be prescribed.
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. 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 this one, find and qualify for the life insurance coverage that 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 you’ll likely be asked may include:
- When were your first diagnosed with Morphea?
- What symptoms led to your diagnosis?
- How has your disease been described? Mild, Moderate, Severe?
- Have you developed any serious complications from your disease?
- Complications such as: vision difficulties or restricted joint movement?
- How are you currently treating your condition?
- Are you currently suffering from any symptoms of your Morphea now?
- Have you been diagnosed with any other pre-existing medical conditions?
- Are you currently taking any prescription medications?
- In the past 2 years have you been hospitalized for any reason?
- Are you currently working?
- In the past 2 years 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 variables that can come into play when trying to determine what kind of “rate” someone might be able to qualify for after having been diagnosed with Morphea. Plus to make matters worse, most life insurance companies are going to use classifications such as: Mild, Moderate or Severe to make their determinations, which as you can imagine can be pretty “subjective” on a life insurance underwriters part!
This is why…
It’s very important for someone who has been diagnosed with this condition to first “shop” a “preliminary” application to several different life insurance companies so that you won’t need to go through the whole process of applying for a coverage if an insurance company isn’t like to approve your case.
We say this…
Because what we have found is that when it comes to a “traditional” life insurance policy, most life insurance companies (if not all) are only going to want to approve individuals who have been diagnosed with a Mild case of Morphea and will deny anyone who has been diagnosed or classified with a Moderate or Severe case. And even in cases where an individual has been diagnosed with a “Mild” case, they’re still only likely to be able to qualify for a “sub-standard” or “high-risk” rate.
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!