Life Insurance with Pericarditis.
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 with Pericarditis.
Questions that will be addressed will include:
- Can I qualify for life insurance if I have been diagnosed with Pericarditis?
- Why do life insurance companies care if I’ve been diagnosed with Pericarditis?
- 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’ve been diagnosed with Pericarditis?
Yes, individuals who have been diagnosed with 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 Preferred rate! The problem is, that there are several different “types” of Pericarditis that an individual can suffer from as well as a wide variety of reasons why someone might develop this condition.
Which is why…
Prior to being approved for a traditional term or whole life insurance policy, most (if not all) life insurance companies are going to want to know a lot more about “why” you contracted Pericarditis and how “serious” your condition became before they will be willing to make any kind of definitive decisions about you application.
Why do life insurance companies care if I’ve been diagnosed with Pericarditis?
Any time an individual has been diagnosed with a pre-existing medical condition that has to do with the overall health of one’s heart, it’s pretty safe to say that most (if not all) life insurance companies are going to want to learn more about it.
This is exactly what we see when it comes to folks who have been diagnosed with Pericarditis which is a term used to describe a condition whereby the thin sac-like tissue that surrounds the heart become inflamed.
Which is why…
We wanted to take a moment and just briefly describe what Pericarditis is a well as highlight some of the most common symptoms/complications of this disease so that we may gain a better understanding of exactly what a life insurance underwriter will be looking for when making his or her decision about your life insurance application.
Pericarditis refers to a condition whereby the pericardium (a sac-like tissue that surrounds the heart) becomes inflamed. The purpose of the pericardium is to help hold the heart in place as it pumps within the body allowing it to perform more efficiently. The main “types” of Pericarditis include:
- Viral or bacterial Pericarditis,
- Constrictive Pericarditis,
- Post-heart attack pericarditis,
- Chronic effusive Pericarditis,
- And Pericarditis following heart surgery.
Common symptoms may include:
- Heart palpitations,
- Shortness of breath when reclining,
- Low-grade fever,
- Chest pain.
Serious complications may include:
- Increased risk of infection,
- Cardiac Tamponade,
- Chronic constrictive pericarditis.
Treatment options will typically be determined by the underlying cause of the Pericarditis and may include the use of certain medications and/or surgical intervention.
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 you first diagnosed with Pericarditis?
- Who diagnosed your Pericarditis? A general practitioner or cardiologist?
- What symptoms led to your diagnosis?
- Have you been diagnosed with a particular “type” of Pericarditis?
- Viral or bacterial Pericarditis?
- Constrictive Pericarditis?
- Post-heart attack pericarditis?
- Chronic effusive Pericarditis?
- Or Pericarditis following heart surgery?
- How many times have you developed Pericarditis?
- Have you been diagnosed with any other pre-existing medical conditions?
- Have you been diagnosed with heart disease?
- Have you ever suffered from a heart attack or stroke?
- Are you currently taking any prescription medications?
- In the past 2 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?
As you can see, there are a lot of variables that can come into play when trying to determine what kind of “rate” an individual who has been diagnosed with Pericarditis. 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.
That said however…
Most individuals who have bene diagnosed with Pericarditis will usually fall into one of three different categories that we can make some “assumptions” about that will generally hold true.
The first group of individuals that we’ll commonly encounter with Pericarditis will be those who develop this condition as a result of some “type” of viral or bacterial infection absent any other “serious” pre-existing medical conditions. These “types” of applicants will generally be considered eligible for coverage once they have made a full recovery.
These “types” of applicants will generally find that most life insurance companies won’t use their previous Pericarditis diagnosis as a reason to discriminate against them provided that they don’t suffer from any lingering effects of their previous diagnosis.
Applicants in this category, will be those who have only suffered from single episode of Pericarditis however, they have also been diagnosed with some kind of “other” pre-existing medical condition which could potentially place them at risk of developing Pericarditis again in the future. These individuals “may” be able to qualify for a traditional term or whole life insurance policy, however the underlying pre-existing medical condition will typically be the determining factor on whether that will be possible or not. When eligible, they will usually only be able to qualify for a “high risk” or “sub-standard” life insurance rate.
The last group of applicants that we’ll commonly encounter will include those who have suffered form multiple episodes of Pericarditis. In cases like these, what we’ll commonly find is that the underlying pre-existing medical condition which is causing one to develop Pericarditis will be the major determinant of what type of “rate” an individual will or won’t be able to qualify for and, when eligible, most will only be able to qualify for a “high risk” or “sub-standard” life insurance 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!