Life Insurance For Pre-Existing Conditions

life insurance with pre-existing conditions

Life Insurance for People Who Have Pre-existing Conditions


If you need life insurance and you have pre-existing conditions, you have options!  We can help you!

If you need life insurance and you have pre-existing conditions, we’re here to help you!  Trying to get life insurance for people who have pre-existing conditions is difficult. We are specialist brokers for severe cases. Please understand that most Americans are not marathon runners. In fact, over the last several decades Americans as a whole have become technically obese.  With obesity, sleep apnea and Type 2 diabetes so prevalent, it is more than likely that you might not qualify for life insurance (term life or any other kind) “at standard rates.”  In fact, “standard rates” might not be available at all. Please understand that obtaining life insurance for people who have pre-existing conditions is difficult. We are specialist brokers for complicated cases and have been helping folks get the essential coverage they need for over 30 years!

So, if you can’t get “standard rates,” what can you get?  Typically, insurance companies have actuarial tables that start at “standard” rates, which is basically “average.”  Nothing special, but the “standard” rates are like “rack rates” at a hotel- they are the “average” published rates for which most folks can qualify.  Rack rate at a hotel is the average published rates.  “Standard rates” do not reflect any discounts based on “lifestyle choices” like not smoking, being physically fit, having low cholesterol readings, not engaging in hazardous activities, etc.

These “lifestyle” discounts are just that- rewards for being better-than-average mortality risks. A non-smoker will generally live longer than a smoker, all other things being equal.  The same goes for folks with high cholesterol, and height/weight issues.

How much does life insurance with pre-existing conditions cost if I can’t get Standard Rates?


Ok, so now we know that term life insurance rates start with a “standard” rate as a baseline and then can improve with discount.  What happens if someone has more severe medical conditions or “impairments” in the life insurance world? Just as discounts apply to “standard” rates, surcharges, or “table ratings” are ADDED to “standard” rates to reflect the insurance company outlook on a specific risk accurately.  “Table ratings” start at “table A” and go as high as “table F” typically.  Each table usually represents an additional 50% increase in the cost of insurance.  An offer of “table D” would mean the insurance company wants to charge you 200% more than “standard” rates.  Conditions that would merit such extra costs would be a history of certain heart conditions, more severe diabetes conditions (not controlled well), history of certain cancer treatment, participation in hazardous activities such as hang gliding, parachuting, vehicle racing, etc.  You can begin to see how the conservative insurance companies view certain “lifestyle” choices we all make and how they reflect our choices in their outlook on our risk in the rates they charge for term insurance.


What do I do if I think I might be turned down for pre-existing conditions?

It’s not Game Over!  We can help you!  If you’ve already been turned down, or “declined” for life insurance or you think you might be, it’s best that you first discuss your situation with an independent life insurance broker like we are.  First, we’ve been helping families find affordable life insurance since 1985.  Chris Acker, CLU, ChFC specialized in “impaired risk” underwriting when he first entered the industry.  At that time there were very few insurance companies who wanted to insure people with pre-existing conditions.  Now, some companies accept many high-risk individuals, when 30 years ago they would have been declined altogether or so heavily table-rated that the premium would have been unaffordable, negating the using life insurance to protect the family.

The importance of preliminary offers for pre-existing condition life insurance

After discussing your situation in detail, we, as independent brokers, will evaluate your risk and solicit “preliminary offers” from certain specialty companies with whom we have relationships and solid working history.  We NEVER ask that you get a medical exam for life insurance before assessing your risk as much as possible based on our discussion!  If you are encouraged by any life insurance agent to get a medical exam before verbal consultation, we recommend seeking another qualified professional opinion.  Why would you put yourself through the discomfort and inconvenience of a medical exam if you would not have qualified with that company in the first place?  Putting an applied through a medical exam without a preliminary indication of rates is a “rookie mistake” and should not be tolerated.  Most of the time when you are asked to complete a medical exam by an agent who has the name of a specific insurance company on his business card, it’s because he’s being pressured by his sales manager to produce an application.  Motivating a client to take action and protect his family with quality life insurance, not necessarily a bad thing, but putting people through unnecessary testing and raising expectations is not ethical either, in our opinion.

So remember, we are here to consult with you about your life insurance needs.  We are genuinely independent brokers and will guide you through the life insurance maze, from initial quote to policy delivery.  We will set realistic expectations about what you can expect to get if and when you apply for term life insurance.  And we will never push you to get unnecessary medical exams if we don’t think it will prove fruitful to do so.  That is total transparency, and we pride ourselves on dealing with families and individuals in an entirely ethical manner!

So, make sure you get started with your instant term life quotes to see how little it will cost to protect your family with high quality, low-cost term life insurance from an independent life insurance broker who YOU hire.  We work for YOU!

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