Having any pre-existing medical condition will impact your ability to obtain and maintain affordable payments for life insurance. Having kidney disease or kidney issues means your life insurance will be affected. However, securing coverage doesn’t have to be as hard as you think.
There are many different types of kidney disease and, as such, there is no one-size-fits-all solution. With this pervasive and sometimes life-threatening illness group, it can be challenging to find life insurance for dialysis patients. Defining the illness type and its prognosis will let the agent know what is insurable and what is not.
Kidney Disease and Dialysis
There are many different kinds of kidney disease, including:
- Abderhalden – Kaufmann – Lignac syndrome or Nephropathic Cystinosis
- Abdominal Compartment Syndrome
- Acetaminophen-induced Nephrotoxicity
- Acute Kidney Failure or Injury
- Acute Lobar Nephronia
- Acute Phosphate Nephropathy
- Hepatitis C
- Papillary Necrosis
- Glomerulopathy
- Ovarian Hyperstimulation Syndrome
This is not a comprehensive list of all the different types of kidney disease.
Common Causes
Chronic kidney disease (CKD) is – often – treatable and preventable. Around 30 million people across the nation have CKD, and millions more are susceptible. Believe it or not, but some people are not even aware they have the disease.
In the U.S., diabetes and high blood pressure are the two major causes of kidney disease and kidney failure. Other causes include:
- Infections
- Kidney stones
- Heart disease
Can I Get Life Insurance While on Dialysis?
Shopping for life insurance with a pre-existing condition can be daunting. This includes finding life insurance for dialysis patients. Because securing insurance is heavily dependent on one’s current health standing, being on dialysis can make the process more complex. With that said, many people are still able to secure life insurance if they are on dialysis.
Type of Life Insurance for Someone on Dialysis
The type of life insurance policy that a dialysis patient can qualify for is one that does not ask any medical or health questions. These policies are called guaranteed acceptance life insurance, or guaranteed issue life insurance. Although most life insurance agencies want to know a great deal about your health before issuing a policy, these types of policies are offered without asking any health questions whatsoever.
For some agencies, they will want to know all about your condition before they offer a policy. They will ask you the following:
- When did you receive your diagnosis?
- What is the specific type of kidney disease?
- How severe is the disease?
- What medication are you taking?
- How is your health currently? Are you experiencing any acute attacks?
- Have you had surgery or treatment? Are you currently awaiting any?
- Information on results/readings
The agent will carefully assess your profit and then submit documentation to underwriting where your rate will be determined. Since CKD is a chronic illness that can be life-threatening, you can expect premiums to be slightly higher than someone in good health.
Finding the Best Life Insurance for Dialysis Patients
When you are looking to protect your family from financial strain after you pass, it can be overwhelming to find the right life insurance quickly. With a health problem in hand, you may get rejected from several agencies before being considered by one.
At Gee-Schussler Insurance Agency, our life insurance agents can help you find the best life insurance rates for people with kidney disease. They will help assess the best rates possible and find the coverage you wanted for your loved ones. Working with your specific situation, we are well-versed in insuring those with health conditions.
Have more questions about life insurance? Contact Gee-Schussler Insurance Agency who can help you find the right policy for your needs and wants.
