| eting a term life insurance and paramedical is not | | | | dreamed as declinable conditions when applying for |
| the end of the world but why waste the time if | | | | life insurance. |
| you have a declinable condition. Ultimately, each life | | | | Various diseases of the blood are the first that |
| insurance company makes the decision as to | | | | come to mind. These include AIDS/HIV and |
| whether someone is approved or declined but | | | | Hepatitis C. Treatment and management of both |
| there are some conditions that are pretty much | | | | diseases are improving with time but there is still |
| declinable in nature. Let's look at these and what | | | | an increase in mortality rates associated with |
| other options might be available. | | | | these diseases. To some extend, we'll include |
| The life insurance carriers rarely come out with a | | | | Diabetes in this category. Diabetes is another |
| black list of declinable conditions to the public but | | | | condition which can be successfully managed but it |
| we can piece together some real red flags from | | | | may still be an issue in terms of qualifying. |
| the lowest health class available (Standard risk | | | | Cerebrovascular diseases. This would result from |
| health class) and the conditional temporary life | | | | diseases that affect the vascular system in the |
| insurance questions which are a simplified set of | | | | brain such as AVM (Arterial Vascular |
| questions. We can also looked at the CDC's data | | | | Malformation). The increased risk is for strokes or |
| on top causes of death as these would directly | | | | aneurisms that may occur as a result. |
| affect the life insurance carrier's underwriting | | | | Aside from the disease side, accidents account |
| decision. Let's look at these causes in descending | | | | for 5% of deaths and we're ranked #5. There |
| percentages for the cause of death in the U.S. | | | | are many lifestyle, occupations, and hobby |
| Probably the biggest category as it pertains to | | | | decisions that factor into this risk. Drug use |
| mortality tables is the general Cardio Pulmonary | | | | (depending on particular drug, severity, and time |
| category dealing with diseases of the heart. In | | | | sober) comes into play here. Also, a history of |
| 2006, this made up roughly 26% of all deaths. | | | | unsafe driving and/or DUI's on your driving record |
| This can include heart attacks, heart disease, | | | | may make you uninsurable depending on the |
| irregular behavior and the like. This is especially | | | | severity and time away. Alcholism, Drug |
| looked at in conjunction with corresponding issues | | | | dependency, etc also figure into disease mortality |
| such as high blood pressure, elevated cholesterol, | | | | such as liver failure and Hepitis C/AIDS. |
| and height/weight. ' | | | | If you have a condition or medical history that is |
| The next category is cancer. This accounts for | | | | current and/or extreme in relationship to one of |
| roughly 23% of the deaths. There two significant | | | | these categories, it might be difficult to qualify for |
| issues here. One is that there many kinds of | | | | term life insurance coverage. We would be happy |
| cancer with a huge range of severity from | | | | to go over your particular situation to discuss |
| extremely treatable to extremely difficult to to | | | | possible options. High risk life insurance or no |
| treat. The type of cancer, the stage it was it, and | | | | medical exam insurance might provide a back-up. |
| most importantly, the amount of time sign and | | | | The good news is that there is no application fee |
| symptom free have a significant bearing on how | | | | to apply for term life and you have a |
| the life insurance company will view your eligibility. | | | | money-back guarantee if you do not want an |
| Interestingly enough, these two categories make | | | | offered policy and/or rate in the 10 days of |
| up roughly half of the deaths in the U.S. There are | | | | receiving the policy. Essentially, there's no |
| many personal choices we can make to affect | | | | downside to applying because the life insurance |
| our chances of avoiding both. Let's look at some | | | | company is ultimately the one that decides if your |
| of the smaller categories that are likely to be | | | | eligible for coverage. |