Health Issues and Life Insurance

By |2015-05-22T05:11:36+00:00April 30th, 2014|Insurance|

By Jim Gaines

When I entered the insurance business fresh out of college in the late 1960’s, life insurance underwriting of prospects with some health problems was difficult. Often times the insurance company would not accept them and decline the application.  As the insurance industry and medical science has evolved now many cases that couldn’t be underwritten are now accepted and issued. Many at standard or even preferred rates.

Health issues such as diabetes, weight problems, smoking, high blood pressure, high cholesterol, even prospects who have suffered a heart attack in the past can now be considered for insurance.  Information from medical science is now available through many more sources and a fresh understanding of life expectancy makes life insurance underwriting more complete.

Today, if an individual who is a diabetic can obtain their latest HbA1c reading and a list of their current medications I can have underwriters consider issuing protection.  (HbA1c is a lab test that shows the average level of blood sugar (glucose) over the previous 3 months. It shows how well you are controlling your diabetes.)

If you are a Type 1 diabetic and it is controlled through daily insulin treatment and constant blood testing many of companies will consider this risk and subject to other health issues consider issuing a policy and accepting the risk.


As an example, seven years ago a business owner came to me after being declined by a well-known insurance company asking for assistance in acquiring a life insurance policy.  He had his prostate removed due to cancer but had been in remission for three years.  Working with the correct life insurance company, I was able to obtain for him a policy with protection of $500,000 at standard rates. The point I want to make is as an experienced agent, I was aware of how different life insurance companies approach certain health conditions. My client is happy and satisfied with the policy, something that years ago would not have been possible.

If you have health issues and have attempted in the past to buy life insurance and were declined or highly rated, things have evolved and changed.  It now is possible to obtain life insurance, consider asking for help and seeing what your options really are.  Most companies will allow for a underwriting inquiry prior to having to pay any premiums.

Help is available.

About the Author:

Jim Gaines has enjoyed helping people protect their retirement money in the La Jolla section of San Diego, California. Web Site: