Often times, people end up paying too much for life insurance because they limit their search to only ONE carrier. However, we maintain contracting relationships with over 60 of the top life insurance companies and top no medical exam companies in the United States. Having relationships with this diversified mix of life insurance companies means our clients have more choices among the top low-cost life insurance companies in the life insurance marketplace. We also maintain a working knowledge of underwriting requirements to bring the best value to our clients. With this information, we go out and find the best final expense life insurance rates programs with cerebral palsy. Give us a call today at 540 226-8715 to find out how we can save you money on life insurance.
Cerebral Palsy and Life Insurance
Every year, medical professionals in America diagnose more than 10,000 babies with cerebral palsy. If you have lived a lifetime with cerebral palsy, you have been dealt a difficult hand in life; LifePolicyShopper is here to make sure obtaining a life insurance policy is one thing that goes smoothly. You can still qualify for a life insurance policy even with cerebral palsy.
Final Expense Life Insurance Programs With Cerebral Palsy
What is cerebral palsy?
Cerebral palsy is a disorder that affects a person’s control over movement. There are multiple types of cerebral palsy, depending on the type of movement problem. Spastic cerebral palsy is when muscles are stiff to move and reflexes and range of movement are overstated.
Cerebral palsy is not a genetic disorder, but it occurs at birth or very early in life. It can happen due to:
• Trauma of birth
• Lack of oxygen during birth
• Rh incompatibility between child and mother
• Head injury
• Breech birth
• Low birth weight
• Newborn seizures
If you have a family member that has cerebral palsy but you do not, then you will not have to worry about it impacting your life insurance eligibility.
Will cerebral palsy affect my life span?
This is a question that both you and your life insurance company will want to try to figure out. Life insurance companies issue and deny policies based on the risk of an early demise. The higher the chance you have of dying earlier than your peers, the more likely it is you will be rejected. Cerebral palsy is not a degenerative disease. This means that cerebral palsy does not necessarily get worse with time. This is good news as far as getting a life insurance policy goes.
Of course, every case of cerebral palsy is different, and in some cases, you may have a shorter life expectancy than other people your age or other people with cerebral palsy. The main things include:
• Do you have seizures? Not everyone who has cerebral palsy suffers from seizures. However, people with seizures have a higher chance of early mortality than those without seizures. Medication can help control your seizures, thus minimizing your risk.
• Do you have a difficult time feeding yourself? If you are unable to self-feed, then your life expectancy may be cut short. This is because you are reliant on someone else, and you may have an oral problem which could ultimately cause you to choke.
• Do you have any intellectual disability? Sometimes people with cerebral palsy also suffer a mental disability. It may come as a surprise, but people with mental disabilities have a lower life expectancy than those with normal cognitive functioning.
Other things that could affect your age of mortality when you have cerebral palsy are:
• Severity– the more severe your impairments, the higher your chance of early mortality
• Reliance on Caretakers– the less independently you can function, the more likely it is your life span will be affected
• Mobility– the less mobile you are, the more at risk you are of a premature demise
• Impaired vision– some CP patients have impaired vision. If you do, then you could have an early mortality
• Respiratory issues– breathing, swallowing or chewing problems could cut your life short
A life insurance agent will carefully consider if you have any or all of the above issues associated with your cerebral palsy before underwriting your policy. The more the risk of early mortality, the higher your premium, and possibly your chance of being denied a policy.
Can I get a preferred rate on Final Expense Life Insurance Programs With Cerebral Palsy?
Even in the best-case scenario that you show very few motor, perceptual or cognitive symptoms, it will be quite unlikely that you will get a standard rating. Of course, nothing is impossible, but you should be prepared to pay at least a minimum premium for your life insurance policy.
For those with a more severe case of cerebral palsy, choosing from among the top final expense companies for life insurance may be the best (and only) option. It’s important to note that all of the basic information will be used to go out and find coverage among over 60 life insurance carriers that we represent. For example, we are aware of one carrier that makes a distinction of age.
This carrier will underwrite a policy at a preferred rate for a person with cerebral palsy over 25. This knowledge of what various carriers will underwrite is based on years of helping people while maintaining contract relationships with the top life insurance companies. This diversification across many companies gives us the opportunity to find the best options for life insurance coverage for any medical condition and age.
Will every life insurance company treat me the same?
If you have been rejected before, the good news is that there may be a life insurance company out there that will underwrite your life insurance policy. The bad news is, it’s difficult for the average person to know which life insurance policy is the most suitable for him or her.
While there are definitely some life insurance companies that are better for patients with cerebral palsy than others, there’s no such thing as the perfect life insurance company for cerebral palsy patients. The reason for this is because no two people are alike. Life insurance companies will consider every aspect of your life and health—not just your cerebral palsy. Because of these variables, the life insurance provider that is right for your friend who also has cerebral palsy might not be the one that is right for you.
At LifePolicyShopper, we realize that choosing a life insurance company and policy can be a confusing and overwhelming task. Our job is to make sure that obtaining a life insurance policy is as easy as possible—and that you get the policy you deserve. Our number one concern is that you get the best coverage possible and at the fairest price. We don’t want you to choose a life insurance policy and pay a higher rate for less coverage simply because you didn’t have all the information you needed.
We represent more than sixty of the top life insurance companies in the United States. We use our extensive knowledge of these companies and the policies they offer to make recommendations customized for you and your needs. At LifePolicyShopper, we take the time to get to know you, your medical situation, and your lifestyle choices, and we present you with appropriate policies within your budget. You make the final call and get the coverage that’s right for you.
If you want to know more about LifePolicyShopper and how we can get you the life insurance coverage you deserve, please get in touch with us today at (540) 226-8715.