Chris C
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Yes, but it depends on the illness. Some chronical illnesses such as diabetes are fine depending on the severity and whether you are insolin dependent or diet controlled. You may be approved for regualr insurance, but may have a rating applied (IE: paying an extra 25% premiums).
If the illness is a more serious illness, you can get what is called "gauranteed issue" insurance. This insurance is offered without providing medical evidence. There may be soem restrictions excluding certain things as pre-existing conditions. These restrictions would depend of the company.
Your best bet is to contact an insurance broker. A broker will have access to multiple companies and can properly recommend a company that will give you the best chances of approval factoring in your given illness. Every company underwrites their insurance a little different. Some some are more generous with height/weigt charts, some don't look as seriously at cancer that has a very small chance of coming back (IE: prostate cancer, when the prostate was removed). IF you don't know of any brokers I would suggest checking out www.customplanfinancial.com if they have a location in your area. |
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Blue Ox
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The ONLY way would be a group policy. Like a health insurance policy through work. Some companies will offer coverage to the spouse as well as the employee. They can't deny coverage because it's a group policy.
And Jack is wrong. They can refuse to cover anyone... |
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Mr. F
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If they had it before the "preexisting condition" then yes but doubtful after. |
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Anna
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It is possible if they want to pay extremely high premiums. However, it is not probable that a legitimate insurance company would write such a policy.
The catch 22 is that the chronically ill person would get a policy from a less than reliable insurance company, pay the high premiums, then be denied the proceeds of the policy on death. This sort of insurance company will always claim that there were "undisclosed" medical conditions which invalidate the policy.
My suggestion is to put any insurance premium money into a savings account. It is a more reliable way of having some money on death. |
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car253
 |
It depends what the chronic illness is. If its an illness that is treatable you may get life insurance with higher premiums.
If the illness is fatal then no you will not be able to get life insurance. Your best bet is to save some money for funeral expenses in that case. Just trying to be helpful. |
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Sweetharttt
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There are some companies out there that offer low cost life insurance without a health exam or medical questions. I believe one of them is Globe Life. I get those in the mail sometimes and am searching for something like that myself.
Best of luck to you. |
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The Thinker
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if you are over 50 try aarp.com |
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louis
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They will not cover a pre-existing condition. So if they can find medical records that states you knew you were sick?
Also, most insurance won't cover much the first two years of the policy.
Your best bet is get the insurance and then die in an accident. |
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studento
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Sure, why not? |
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LIONDANCER
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Probably not. It would be a preexisting condition which is an excuse for an insurance company to turn you down. Keep in mind they are doing it to make money and not because they want to help a person. |
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Jack B
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Yes , it is against federal law to discriminate in insurance . Your premiums will be higher |
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