Life insurance with a pre-existing condition?
Can I buy life insurance if I have a pre-existing condition? A common misconception is that people with pre-existing conditions cannot have life insurance. Insurers, before insuring a person with health problems, naturally, would prefer a young person, full of life, who is paying her policy for many years and never dies. But that is not possible, which means that the former can also have life insurance.
It happens that the so-called pre-existing conditions such as cancer, asthma, depression, diabetes, epilepsy, hypertension, high cholesterol, AIDS, heart disease, or obesity influence the price of the policy premium.
Most insurers classify their beneficiaries on a scale (standard, preferred, and super preferred) that is used to determine the type of risk of the insured, based on their health status.
Those people with pre-existing health problems are included in the standard category and depending on the disease they have, the price of their policy will increase. According to the logic of insurers, insurance contracts reflect the risk assumed by signing life insurance in the form of money. Can I buy life insurance if I have a pre-existing condition?
If you have a pre-existing illness and want to have life insurance, don’t be self-discharging, contact an insurance agent at Univista Insurance and they will find the life insurance that best suits you according to your needs.