Life Insurance with Acid Reflux or Gerd.
In this article on life insurance with GERD or acid reflux, 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 they have been diagnosed with either acid reflux disorder or gastroesophageal reflux disorder (GERD).
Questions that will be addressed within this article will include:
- Can I qualify for life insurance after I’ve been diagnosed with a pre-existing medical condition like acid reflux or gastroesophageal reflux disorder (GERD)?
- Why do life insurance companies care if I’ve been diagnosed with acid reflux or GERD?
- 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’ dive right in!
Can I qualify for life insurance after I’ve been diagnosed with acid reflux or gastroesophageal reflux disorder (GERD)?
Yes, individuals who have been diagnosed with either acid reflux disorder or gastroesophageal reflux disorder (GERD) can and often will be able to qualify for a traditional term or whole life insurance policy. In fact, many may even be able to qualify for a Preferred Plus rate! Which is why a lot of our clients who
That said however…
Knowing “which” of these two conditions you have been “officially” diagnosed with can and often will play a large role in the potential outcome of one’s life insurance application. It may also make a huge difference in determining whether or not you may be eligible for a No Medical Exam Life Insurance Policy.
Why do life insurance companies care if I’ve been diagnosed with acid reflux or GERD?
Most life insurance companies are going to “care” if an individual has been diagnosed with Acid Reflux Disorder because over time, if this condition persists, it can ultimately “become” a chronic medical issue at which point in time a doctor may choose to “officially” diagnose one’s heart burn as GERD or Gastroesophageal Reflux Disorder.
It’s easy to understand how suffering from chronic heartburn can certainly be unpleasant, most folks wouldn’t necessarily categorize this pre-existing medical condition as one that a life insurance company would be all that concerned about.
After all, it’s not as though the primary symptoms of acid reflux and/or GERD which include:
- Difficult swallowing,
- Chest pain,
- Regurgitation of food or a bile/sour liquid,
And/or having the feeling of a “lump” in your throat are something that would necessarily cause one to be rushed to the hospital!
The problem is…
That if one fails to properly “treat” their GERD or is unable to control it, this unpleasant little disorder can begin to cause some pretty serious complications.
GERD complications such as:
- Barrett’s Esophagus,
And even potentially increase one’s risk of later developing esophageal cancer!
All of which…
Will rightfully make a life insurance underwriter a “bit” nervous when deciding whether or not to approve your life insurance application and certainly make determining what “rate” you should be able to qualify for a bit more complicated.
This is why…
Once a life insurance underwriter determines that you have been diagnosed with acid reflux or GERD or sees that you’ve been prescribed a medication that is used to treat either of these pre-existing medical conditions, the first thing that he or she is going to want to do is learn a little bit more about “why” you may be suffering from this condition and just how “serious” your underlying medical condition might be.
This will be true whether you’re applying for a traditional term or whole life insurance policy, or a no medical exam life insurance policy as well.
What kind of information will the insurance companies ask me or be interested in?
Insurance companies typically all ask similar questions about your condition.
Questions you’ll likely be asked may include:
- When were you first diagnosed with acid reflux or GERD?
- Who diagnosed your acid reflux or GERD? A general practitioner or a specialist?
- How are you treating your condition?
- What prescription medications (if any) have you been prescribed?
- Have any of these medications changed in the past 12 months?
- Has your doctor recommended that you receive or has he or she preformed any surgical procedures within the past 12 months to help you treat your condition?
- What symptoms led to your diagnosis?
- What symptoms do you currently suffer from (if any)?
- In the past two years have you been hospitalized for any reason?
- Have you been diagnosed with any other serious medical conditions?
- Does your acid reflux or GERD become exacerbated by certain external stimuli? Stimuli such as: Stress, lack of sleep, certain kinds of food, etc…?
- Have you been diagnosed with:
- Esophageal scaring?
- Barret’s esophagus?
- Stomach cancer?
- Esophageal cancer?
- Are you currently working now?
- In the past 12 months, have you applied for or received any form of disability benefits?
Now at this point…
It’s probably a good idea to remind folks that while we here at IBUSA may seem like we know a lot about a particular medical condition, we are by no means medical professionals!
All we are is a bunch of life insurance agents who are passionate about helping folks qualify for life insurance, particularly if they have been diagnosed with some “kind” of pre-existing medical condition which could make it more difficult for them.
If you feel like you may need medical assistance or you find yourself trying to “self-diagnosis” yourself by using some of the information that you find on our website, please do yourself a favor and go see a REAL doctor that will be able to provide you with REAL medical advice.
As for those…
Who are just looking for help finding and qualifying for a traditional life insurance policy, the good news is you’re definitely at the right place!
What rate (or price) can I qualify for with GERD or Acid Reflux?
Generally, what you’re going to find is that if your acid reflux or GERD is considered the “primary” pre-existing medical condition and not a symptom of another more “serious” medical condition (think stomach tumors, ulcers, or some other kind of gastrointestinal condition), most life insurance companies will still consider you eligible for a Preferred or Preferred Plus rating.
To qualify for…
Such a rate, we would also have to assume that you are not suffering from any significant complications directly related to your acid reflux disorder or GERD including any significant esophageal scarring, esophagitis or been diagnosed with Barrett’s esophagus.
In cases like these…
Where someone may be suffering from a more “serious” case of GERD or who has been diagnosed with other “complications” associated with their GERD, what you’ll typically find is that you may still be eligible for a traditional term or whole life insurance policy only now you’ll probably only be able to qualify for a Standard rate at best and may even be considered a “higher risk” applicant by many life insurance companies.
Which bring us to the last topic that we wanted to take a moment and discuss with you here today which is…
What can I do to help ensure that I get the “best life insurance” for me?
Probably the “best” thing that an individual can do to help ensure that they find the “best life insurance” for them is to be sure to take their time when initially shopping for insurance and to be sure that right from the beginning that they are completely honest with their life insurance agent!
The reason for this…
Is because when it comes time to qualifying for a life insurance policy, there are a lot of top-rated life insurance companies out there, each of which are going to have their own “rules” and underwriting guidelines that they will follow when determining who the will and won’t insure.
These “rules and regulations” are also going to be what they used to determine what price you may end up having to pay for your life insurance coverage.
This is why…
It is so important to make sure that your life insurance agent has all of the information that he or she will need in order to be able to help narrow down “which” life insurance company is most likely to provide you with the “best” opportunity for success.
There are a lot of factors that can come into play when determining what kind of “rate” an individual may be able to qualify for.
Many of these factors will obviously focus on “health” issues, but a surprising number will also focus on “non-medical” or “lifestyle choices”.
Examples of such factors may include:
- Family medical history,
- Travel history,
- Driving record,
- Criminal background check,
- Any previous bankruptcies within the past 2 years,
- Use of any tobacco or nicotine products,
- Use of any marijuana products,
- Participation in certain hobbies or recreational sports,
Knowing all of this is only half the battle, because in addition to being completely honest with your life insurance agent, you’re going to want to make sure that your agent also has access to a wide variety of different life insurance products so that they don’t have try and apply a “one size fits all” approach to your life insurance needs.
The good news is…
That here at IBUSA, we have a ton of experience helping folks with all sorts of pre-existing medical conditions find and qualify for the insurance that they are looking for.
Plus, we have access to dozens of different life insurance carriers so that when it comes time to determine which life insurance company is going to provide you with the best opportunity for success, we don’t have to rely on just one or two choices!
We can “simultaneously” shop dozens of different insurance companies and spend more of our time determining which ones will provide you with most for your money.
Now will we be able to help out everyone who has been previously diagnosed with GERD or Barrett’s Esophagus?
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 Burial Life 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!