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        日本高清不卡码无码视频-Life insurance for people with pre-existing conditions

        神州斯斯cc18tv手机版-As many as 1 in 2 Americans have a pre-existing condition. That includes chronic ailments like diabetes, high blood pressure, heart disease and sleep apnea that affect quality of life. Unfortunately, these conditions also can affect life insurance rates and approval for a policy.

        日本一本2017国产-If you have a pre-existing condition and are concerned about getting life insurance, here are some important things to know before you apply.


        神州斯斯cc18tv手机版-What's considered a pre-existing condition?

            神州斯斯cc18tv手机版-A pre-existing condition is a health issue that existed before you applied for insurance coverage.

            啪啪啪视频高清-Some of the most common pre-existing conditions that affect life insurance include:

            神州斯斯cc18tv手机版-Having one of these conditions doesn't automatically mean you'll be denied coverage. However, depending on your insurer's underwriting process, it could mean higher rates.


            啪啪啪视频高清-Can you get life insurance when you have pre-existing conditions?

            啪啪啪视频高清-John Holloway, a licensed life insurance agent and co-founder of NoExam.com, a digital agency focused on helping people find the right life insurance, says people with a pre-existing condition can get life insurance. 

            lutuber老司机-"Most insurance companies will require cancer to be in remission. They typically look back at least 10 years if you are looking for a traditional term life insurance policy," Holloway says. "For a less detrimental condition, such as diabetes or high blood pressure, insurance companies will often look back only three to five years to ensure the condition is controlled before offering life insurance coverage."

            啪啪啪视频高清-If an insurance company does offer coverage, your premium will depend on your rating. Insurers use different ratings to assess their risk of insuring you:

            • Super Preferred (or Preferred Plus)
            • Preferred
            • Standard (or Regular)
            • Substandard

            lutuber老司机-You'll pay a higher premium or get coverage denied if you're placed in one of the lower-tier categories.

            lutuber老司机-That classification can be the difference between finding an affordable term life policy or paying hundreds more each year. 

            日本一本2017国产-Here are the average annual premiums for a 20-year term life policy worth $500,000 for a 50-year-old man who’s a nonsmoker:

            • Preferred Plus -- $1,479
            • Preferred -- $1,644
            • Regular -- $2,055

            People classified in higher health classes will have an easier time finding an affordable term life policy. Here’s how many 20-year term life policies that we found with $500,000 coverage that were under $1,200 annually in September 2019: 

            • Preferred Plus -- 155
            • Preferred -- 42
            • Regular -- 0

            啪啪啪视频高清-As you can see, a better health status makes it easier for you as a life insurance shopper. 


            lutuber老司机-Instant approval and pre-existing conditions

            lutuber老司机-Some people may be able to get instantly approved for life insurance, but this benefit is typically reserved for the healthiest consumers.

            日本高清不卡码无码视频-Instant approval is common in term life insurance. You don't need to undergo a medical exam or complete lengthy paperwork. Instead, you give the insurance company information about your medical history, age, height and weight and lifestyle. They input this data into a computer and use an algorithm to predict your life expectancy and risk. Using algorithms improve the decision process. With this process, you don't have to wait several weeks for a decision.

          • 日本高清不卡码无码视频-Holloway says if you've had a pre-existing condition within the last five years, it's unlikely you'd get instantly approved. Instead, the insurer would need to review your application manually. The insurance company also could ask to review your medical records. Or, the insurer may require you to undergo a medical exam before it decides on your application.

            日本一本2017国产-For all these reasons, people with pre-existing conditions typically must go through the traditional insurance underwriting process.


            日本一本2017国产-Permanent vs. term life insurance

            lutuber老司机-There are two main life insurance options from which you can choose: permanent life insurance and term life insurance.

            啪啪啪视频高清-Permanent life insurance includes whole and universal life insurance. It offers a guaranteed death benefit your beneficiaries can assess as long as you pay your premium. Term life insurance provides coverage for a set period (typically five to 30 years). Term life expires after your term ends, so there's no guaranteed death benefit. Term life insurance is less expensive than permanent life insurance. So, term life might make it a better option for people with pre-existing conditions, Holloway says.

            神州斯斯cc18tv手机版-"Many [people] with pre-existing conditions will choose to apply for term life insurance for its inexpensive cost and flexible term lengths. This can often offset a higher rate due to their condition when compared to other permanent or whole life plans," he says.


            日本一本2017国产-Final expenses and burial insurance

          • 日本高清不卡码无码视频-If you can't get an affordable term or whole life policy, final expense insurance is one way to meet some of your coverage needs.

            啪啪啪视频高清-Final expense insurance, which is also called burial insurance, offers a cash payout to your beneficiaries they can use to pay for your funeral costs or other expenses. With final expense insurance, you can get either a simplified issue or guaranteed issue policy. A simplified issue policy requires you to answer a few questions about your medical history. 

            日本一本2017国产-However, a guaranteed issue policy doesn't have this requirement. That’s why the face value of these policies is considerably lower than traditional insurance. These policies also feature a "graded death benefit.” A graded life benefit means a death payout will be lower or inaccessible within the first few years should you die soon after getting the policy.

                    日本高清不卡码无码视频-"When an applicant is too high risk to be considered for traditional forms of life insurance, depending on age, the individual may be eligible for a graded policy, which will require a waiting period," Holloway says. "Waiting periods require the insured live for a period of time, typically two years, prior to being eligible for their beneficiary to make a claim on the insured's life."


                    神州斯斯cc18tv手机版-Life insurance riders for people with pre-existing conditions

                  1. 啪啪啪视频高清-Insurance riders provide additional coverage that can help your family. If you have a pre-existing condition, you might consider adding a rider that provides coverage for things like critical illness or long-term care.

                    lutuber老司机-"A critical illness rider can provide benefits prior to an insured's death to help pay for medical expenses should a medical condition worsen over time," Holloway says.

                  2. 啪啪啪视频高清-A long-term care rider can offset or completely cover long-term care costs in a nursing home or assisted living facility.

                    神州斯斯cc18tv手机版-An accelerated death benefit and living benefit are two other riders you might consider adding to your policy if you have a pre-existing condition. An accelerated death benefit allows your beneficiaries to collect your death benefit early if you're diagnosed with a terminal illness. 

                    日本一本2017国产-A living benefit allows you and your family to collect benefits while you're still alive if you have a qualifying medical condition. This benefit can be crucial if your pre-existing condition results in a disability that prevents you from working.

                            神州斯斯cc18tv手机版-One critical thing to remember is that adding these riders to your policy will raise your premium. Talk to your insurance company to get an estimate of the cost. Depending on your budget, the additional expense may be worth the trade-off of more financial security for your survivors.


                            日本一本2017国产-Improved health and life insurance

                          1. 啪啪啪视频高清-Getting denied life insurance coverage or having to pay higher rates because you have a pre-existing condition may seem fundamentally unfair. However, the one silver lining is that improved health can improve your rates and chance of approval.

                            日本一本2017国产-"Controlling a pre-existing condition with diet and exercise is the strongest case you can make to an insurance company to approve your policy," Holloway says.

                            神州斯斯cc18tv手机版-If you're initially approved for a policy at a higher rate, make lifestyle changes to boost your health and follow your doctor's treatment plan to the letter. Once your numbers are back within the normal range and your medical records show improvement, shop the insurance market to find an affordable policy.

                            日本高清不卡码无码视频-If you're in a different situation and were initially denied, Holloway says it's best not to wait to get life insurance, since some coverage is better than nothing.

                            神州斯斯cc18tv手机版-"I would advise against waiting to buy a life insurance policy until a condition improves," he says. "You can always re-apply for coverage down the road and have your health reassessed at the time of underwriting to see if you are eligible for a more favorable rate class."

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