Nothing in life is more important than protecting your family and taking care of their health and wellbeing. For those who have some kind of health problems, it is obvious you may think of buying life insurance to protect the financial future of your loved ones, and you must be aware of the fact that some health conditions can make it difficult to obtain life insurance.
What is a pre-existing medical condition?
Pre-existing medical conditions are those health conditions that you have before or when you apply for life insurance. Diabetes, Cerebral palsy and other neurological conditions, Epilepsy any kind of mental illness, heart conditions such as angina, heart attacks, and heart valve problems, or stroke, cancer, and other diseases.
Can you get life insurance if you have a pre-existing medical condition?
A simple answer is yes, there are life insurance providers who approve life insurance for people who have pre-existing medical conditions. Mostly, life insurance providers will be interested to know about your medical history and your current health status before approving your life insurance. In mild cases where health conditions are well managed, life insurance providers will never have an issue providing life insurance on standard terms.
In general, people with pre-existing medical conditions can consult the best doctors for treatment, life insurance providers don’t restrict someone’s ability to use the best doctors for the treatment.
Why do you need to disclose about your existing medical condition?
It is a standard process and if you have any existing health condition, it represents a risk for the insurance company and needs to be disclosed. If you hide any important detail, it can be considered as non-disclosure and your life insurance claim can be rejected.
For more details about life insurance with a pre-existing medical condition, contact our life insurance providers.
We would recommend you to talk to one of our advisers for life insurance quotes.
Any quote that your adviser provides you with will take into account your circumstances, your medical history, as well as your budget!
Call 011-3733-4610 – Monday to Thursday from 11.00 to 19.00 and on Friday between 11.00 and 16.00