Living with paralysis can be quite heart-rending. Perhaps you have accepted fate, but want to cover the financial requirements of your family. As a responsible member of the family, getting life insurance in place is recommended. Paralysis and Life Insurance is a much-debated subject. The biggest worry in your head is the following – Will I get life insurance at standard rates?
Paralysis is a condition in which you are unable to move. Sometimes, the condition is such that a patient is not able to feel anything. It could be due to ingestion of the poison, a certain injury, or even a prolonged illness. It could be a skull fracture, an injury to the face, head, neck, or even Lyme disease.
The question is – Can you get life insurance with paralysis?
The answer to this is quite straightforward. Yes, you can buy a life insurance policy for your loved ones. However, the price of the premiums may go up considering the insurance company is taking a risk.
Before the insurance agent quotes you the price, you will be asked certain questions regarding your health.
- How old were you when you were diagnosed with paralysis?
- What joints/limbs are affected?
- Have you undergone surgery for this?
- Has your health condition affecting other organs in the body?
When buying life insurance, you have to be 100% truthful.
If the case is severe, some insurers might turn down your application. However, you can reach out a specialist insurer who has handled cases like these.
A slight increase in the monthly premium is not tragic. You must look at the bigger picture – your family is getting a secure financial future.
The premium cost of life insurance for paralyzed is based on your age and the severity of the condition. Hence, speak to a specialist insurer to get an idea about the cost and under what circumstances you can get the application approval.
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