Even with a medical condition, you can get life insurance but you’ll pay more than a healthy person. You can expect to pay from 40-150% more than someone without a medical condition would pay for the same amount of coverage.
For instance, if you have a heart condition and are seeking $500,000 in coverage, you could expect to pay $1,000 per month for this policy (versus $500 per month). Talk to Cusack Insurance Agency for expert aid in Oak Lawn, IL.
Life Insurance and Medical Condition
Life insurance pays for items like hospital bills and prescriptions. Many people choose to buy life insurance when they become sick, rather than deal with the financial risk of buying a traditional policy.
It’s a good idea to get life insurance if you have a medical condition that could cause your insurance to cover costs for a long time. Also, consider the coverage if you have a long-term illness that could cause your insurance to cover costs for a long time.
If you have a serious medical condition, like diabetes or heart disease, you may not be able to work or spend most of your time in the workplace. If that’s the case, life insurance may be a better choice.
If you can work but only make about 30% of your usual income, life insurance may be a good way also. A patient with a certain health condition may be more susceptible to infection than another patient. If you happen to be in this situation, you can get life insurance.
Life insurance provides protection against certain types of risk. If you have a medical condition that may happen to your child or anyone else in your household, you need the coverage. Most doctors and health insurance plans will provide coverage for your child’s doctor if you have health insurance.
Give Us A Call
When you have health problems, insurance can help you get the treatment you need without worrying about what will happen if you don’t accept the treatment.
If you have a medical condition that makes you more susceptible to disease, life insurance can help you get the treatment you need. For expert insurance advice, contact us today at Cusack Insurance Agency in Oak Lawn, IL.