If you have type 2 diabetes, you may still be able to obtain super preferred rates on your life insurance.  Very few companies are willing to do this, but we know which life insurance companies are willing to do so.  In order to qualify, you must have excellent control of your type 2 diabetes.  In addition, you must satisfy all other super preferred criteria.  Some of the things that could disqualify you from qualifying for super preferred life insurance rates are being overweight, alcoholism, high cholesterol, high blood pressure, family history, personal history of cancer, smoking, driving record, drug abuse, criminal record, foreign travel, foreign residence, depression, anxiety, hazardous hobbies or occupations, high hdl/cholesterol ratio, etc.

If you have type 2 diabetes or anything else and you would like for us shop your life insurance and find you the best life insurance rates available, please call us at 1-888-950-TERM.

In order to get you a competitive life insurance quote, we will need some information regarding your type 2 diabetes.  First and foremost, we need to know your most recent HbA1c level.  This is the main thing that life insurance companies look at.  The HbA1c level measures your average blood sugar levels over the last 6 to 12 weeks.  For someone with diabetes the goal is to be under 7%.  In addition, the life insurance companies will want to know the following:

• Age of diabetes onset
• Height and weight
• Medications and dosages
• Complications from diabetes
• Are you a smoker?
• Any other medical conditions?

For a competitive life insurance quote, call us today at 1-888-950-TERM and we will take this information and shop it to all the life insurance companies we work with to get you the lowest price possible on your life insurance.

If you have a history of anxiety or depression and you are looking for life insurance, please give us a call and we will get you the best life insurance rates based on your situation.  Please call us at 1-888-950-TERM(8376).

If you qualify, you can have immediate protection or graded protection. On a typical policy, and as long as the required premium is paid on a timely basis, the insurance company cannot cancel the policy, cannot reduce your benefits and cannot increase your premium, regardless of the level of benefit approved. Immediate protection means exactly what it says, namely, the entire benefit is paid on day one if the insured dies.  But, what if you do not qualify for immediate protection? For most individuals who do not qualify for immediate coverage, there is an alternative. You may qualify for a policy that provides GRADED BENEFITS. Under GRADED BENEFIT the policy will pay a fraction of the death benefit if the insured dies within the first year from the policy issue date (for instance, return of premium plus 5%); a greater fraction of the death benefit is paid if the insured dies on the second year of the policy(for instance, the greater of return of premium plus 10%, or 50% of the face amount); and, then, on year 3 and thereafter, 100% of the death benefit is paid. There are other variations of this formula, but not too different.

How do you know if you qualify for  LEVEL (immediate) BENEFIT, or for GRADED BENEFIT? A typical SIMPLIFIED ISSUE LIFE INSURANCE policy contains a one-page (usually) questionnaire with health-related questions. It has either two parts of three parts. If you answer “NO” to any of the questions on the first part you will not qualify for any benefits under the policy. As an example of what the questions in part one are:

• Do you use a wheelchair, other than for a temporary impairment expected to last less than 2 months?
• Do you receive assistance with daily activities such as taking medications, bathing, dressing, eating or toileting? Home health care or hospice care?
• In the past 5 years – have you been diagnosed with, or received treatment for an organ or tissue transplant, Alzhemire’s disease, dementia, or amyotrophic lateral sclerosis (ALS)
• Have you tested positive to HIV, or been diagnosed with having ARC or AIDS caused by the HIV infection, or other sickness or disease derived from such infection?
• In the last 12 months – have you used oxygen to assist with breathing? Received kidney dialysis?

If you answered “NO” to all of the above (typical) questions (they vary from insurance company to insurance company), then you will move to Part 2 and sometimes Part 3, which will determine if  you are eligible for LEVEL BENEFIT or GRADED BENEFIT.

At present, SIMPLIFIED ISSUE LIFE INSURANCE (sometimes referred to as “final expense insurance“) is issued up to age 85 and in amounts ranging from $2,000 to $75,000.

We hope that this post has been helpful to you.  If you have any questions, would like a life insurance quote, or would like to initiate the process of filing a life insurance application with one of the insurance companies that offer SIMPLIFIED ISSUE LIFE INSURANCE, please, e-mail us at info@insuranceglobe.net , or call us at either of these numbers:

• 888-950-8376           
• 786-353-2528
• 305-807-4780

Thank you!

We work with a lot of clients that have either been declined for life insurance through another agency or have been rated for life insurance. Most of the time we are able to get clients who have been declined for life insurance approved or if they have been rated we are able to get them a better rating and save them money.

Most of our clients that have been declined for life insurance have been declined because of a health condition that they were not aware of or because the life insurance agent that they were working with did not know how to handle the medical condition for which the client was rated or declined because of.

Many times clients think they are healthy and find out when they get their exam results back that they have high cholesterol, high blood pressure, elevated liver enzymes, diabetes, etc. This is a big reason that many clients get declined for life insurance.

Another major factor which causes clients to get declined for life insurance is what the insurance companies find in the doctor’s notes. People don’t realize that whatever they tell their doctor’s ends up in the medical records. If you complain to your doctor that you are having stomach cramps and your doctor recommends that you get a colonoscopy and you don’t do it, the insurance company will decline you until you get the test done and they see the results.

One other thing we run into a lot is clients who think that because something happened over 10 years ago that they don’t have to tell the insurance company. A lot of the applications ask “have you ever been diagnosed or treated for”. It is true that if it happened over 10 years ago it might not affect your rating, but the insurance company still wants to know about it.

Agents can also play a big factor on whether or not you get declined or rated for life insurance. A lot of agents are either captive (can only sell one company) or have a favorite company that they do most of their business with. If you are working with such an agent, you are almost assured that you will not get the best deal possible. If your agent’s business card has one insurance company’s name on it, then he/or she might have an incentive to submit most of their business with that company. Sometimes it has to do with a pension that is dependent on production requirements, they could be receiving leads from a company in exchange for doing all of their business with that company or it could be that they simply have to do a certain amount of business to keep their job. This isn’t always the case, but just be aware and ask your agent to show you the companies that he has shopped your case with and ask your agent to explain why one company is best for you over another company.

Choosing your agent is even more important if you have health issues. It doesn’t take a lot of experience to shop a case that involves a 100% healthy client with no underwriting issues. Anyone can do that. However, if you have a health issue like diabetes, cancer, heart disease, etc., your agent should know what questions to ask you in order to obtain the right information to shop your case. Your agent should shop your case and show you the different medical offers that he has received from different insurance companies. Remember, the better information you give your agent, the more accurate quotes you will get and you will be better able to make a decision as to what company to apply with. This will give you a far better chance of avoiding getting declined for life insurance.

So, if your life insurance was declined or rated, give us a call at 1-888-950-8376 and speak to one of our licensed insurance agents and we will do our best to get you the best deal possible.

Insurance companies take many factors into consideration when calculating your life insurance quotes.  Blood pressure is just one of the determining factors that go into calculatio life insurance quotes for high blood pressure.

If you have high blood pressure that is treated and controlled with medication, you can still qualify for the best health class with some insurers.  When we run your life insurance quotes we will enter your average blood pressure reading and the number of years you have been taking blood medication into our software and it will give us life insurance quotes in order from lowest to highest premium.  We can help you determine which company will be most favorable for you based on how long you have been taking medication and how well controlled your blood pressure is.  If you don’t smoke, aren’t overweight and have normal cholesterol levels and no other risk factors besides having controlled high blood pressure, you should still be able to qualify for a great rate.  If your blood pressure is not controlled, your life insurance quotes will start to go up and you could even be declined.

Life insurance quotes for for people who have high blood pressure will vary depending on your age and gender.  Life insurance companies have guidelines for blood pressure which are different based on your age and gender.  If you have been prescribed medication to treat your high blood pressure and you are not taking it, you can expect to see higher life insurance quotes.

According to the Centers for Disease and Prevention about one-third of people with high blood pressure or high cholesterol don’t even know thay have it.  Often times people come to find out about their high blood pressure when they are examined for life insurance.  After getting past the initial shock they have to decide whether to accept the policy or not.  Usually, they are applying for preferred rates and end up being approved for standard rates.  If you accept a standard rating policy, you can petition the insurance company after one year to lower your premiums if your blood pressure is under control.

InsuranceGlobe.net has software that we use to enter your cholesterol and cholesterol/hdl ratio.  The software then determines how each company will rate you and what the correspoding premium would be based on your criteria.

Here’s an example.  A 37 yr old male has a total cholesterol level of 300 and a cholesterol/hdl ratio of 5.0, so which is the best life insurance company for his high cholesterol?  Let’s see.  The best preferred plus non-smoker rate is with Banner Life Insurance Company at $495 per year, but he would not qualify for that rate with Banner.  If he would have applied with Banner he would have qualified for the standard non-tobacco rate and his premium would have been $1,235 per year.  If he would have called us at InsuranceGlobe.net we would have recommended Pruco Life Insurance Company and the premium would have been only $715 per year.  Pruco only looks at cholesterol/hdl ratios and not total cholesterol, so if everything else was ok he would have qualified for preferred plus with Pruco.

If you need help finding the best life insurance company for high cholesterol or anything else, please call InsuranceGlobe.net at 1-888-950-8376 or email us at info@insuranceglobe.net.

Alcohol consumption is widespread among Americans.  And for most, drinking alcoholic beverages poses almost no threat to well being or life expectancy.  For those who abuse alcohol, it can have a significant effect on longevity.  If you have a history of excessive alcohol consumption, you most likely have to pay an increased premium on your life insurance policy or could possibly be declined depending on the severity of alcohol abuse.  When shopping life insurance quotes for recovering alcoholics it is important that the history of alcohol abuse be factored into the life insurance quotes.  Ultimately, the life insurance underwriter is going to review medical records (paying close attention to records in relation to treatment for substance abuse and psychiatric illness), lab results, social profile, motor vehicle reports (and DUI or DWI), and physical findings to determine the risk in connection with recovering alcoholics. 

Some of the complications of alcohol excess which are significant to life insurance quotes are: 

• Cardiac:  Hypertension, cardiomyopathy, atrial fibrillation

• Nervous system:  Brain damage, tremors, psychosis, blackouts, delirium tremens (DTs), seizures, peripheral neuropathy, balance and gait impairments

• Bone marrow:  Abnormal blood counts including anemia

• Gastrointestinal:  Fatty liver, hepatitis, pancreatitis, cirrhosis, varices, diarrhea, cancer, gastrointestinal bleeding (sometimes massive) due to gastritis

• Psychiatric and social:  Suicide, violent behavior, depression, anxiety, marital/occupational/familial problems, abuse of other drugs as well as alcohol

• Miscellaneous:  Aspiration pneumonia, accidents and trauma 

Alcoholism is a primary, chronic disease with genetic, psychosocial, and environmental factors influencing its development and manifestations.  The disease can be progressive and fatal.  It is characterized by impaired control over drinking, preoccupation with the drug alcohol, use of alcohol despite adverse consequences, and distortions in thinking, most notably denial.  Each of these symptoms may be continuous or periodic. 

• Binge drinking is highly risky for accidental mortality.  It is defined as heavy drinking to the point of intoxication on a periodic basis.

• Risky drinking (per the NIAA – National Institute on Alcohol Abuse and Alcoholism) is:

For men, > 14 drinks per week or > 4 per occasion

For women, > 7 drinks per week or > 3 per occasion

Note: One drink = 12 g of pure alcohol = 12 oz of beer = 5 oz of wine = 1.5 oz (a jigger) of hard liquor. 

In addition to the risks that are associated with alcoholism, the underwriter also will look at favorable historical details like: participation in Alcoholics Anonymous, voluntary initiation of treatment, single period of treatment or hospitalization, maintenance of a stable family life, steady employment, financial solvency, and overall good health without reports of violence or arrests.  If the individual is able to successfully stop drinking alcohol without relapse, after seven to ten years, the mortality rate approaches that of the general population. 

Call InsuranceGlobe.net at 1-888-950-8376 to get your life insurance quotes for recovering alcoholics today.

Most people buy life insurance during their working years, because it is so affordable.  When you are in your 30′s, you are too busy trying to save for your retirement, save for your children’s college education or simply trying to make ends meet.  So you buy a 10, 20 or 30yr level term insurance policy to protect your family from the loss of your income should something unexpected happen to you.  You might even figure that 30 years from now you will be self insured or your kids will be all grown up and you won’t need insurance any more.  Or maybe you figure, one day I’ll buy a permanent policy, but I can’t afford it right now.  Well, one day turns into 50 years later and now you are over the age of 80 with no life insurance and perhaps very little savings and you just want to be able to cover any costs associated with your death and maybe even leave a little something to your grand kids. 

Often times, people think that life insurance companies will not issue life insurance for elderly over 80, but their are many carriers that do and many that don’t.  This is a specialized area of life insurance and if you are not dealing with an agent who works with life insurance for people over 80 on a regular basis, then you are not going to get the best deal possible and you might not even get any life insurance at all.  I have helped elderly who have been declined by other companies and I have been able to get them a policy quickly and in some cases without an exam.  Yes, believe or not, you can even get no exam life insurance for seniors or elderly over 80.  Even if you are sick or ill, there are final expense life insurance policies that can provide you with the protection that you are searching for.

Call Insurance Globe today at 1-888-950-8376.