If you are wondering about trying to purchase life insurance after colon polyps, you’re in the right place. Not all carriers will accept you, but we know which ones will.
At Waterway Financial Group, we work most major life insurance carriers for both traditional and high risk life insurance policies. If you’ve experience colon polyps before, we’re already familiar with what you’ve gone through, and we’re here to make sure your life insurance purchase is as simple as possible.
Finding life insurance after colon polyps is not terribly difficult, but finding the best company with the lowest price is a little more work. We do that work for you.
Keep reading to find out more about the approval process for life insurance, learn why colon polyps can be a risk for life insurance, and discover what ratings you can expect.
Colon polyps can develop at most any age, but primarily affects those who are over the age of 50. In fact, beginning at age 50, a colonoscopy is likely considered to become routine at regular durations, such as 5 or 10 years. But, how can colon polyps affect your rates for life insurance? Depending on the results of further testing (if polyps are found) you could prove to be a high risk for life insurance. But don’t fear applying for life insurance after colon polyps, because a majority of the time they are no threat.
To better understand what kinds of risks or complications colon polyps might prelude, here is what the National Digestive Diseases Information Clearinghouse says about colon polyps:
Some colon polyps are benign, which means they are not cancer. But some types of polyps may already be cancer or can become cancer. Flat polyps can be smaller and harder to see and are more likely to be cancer than raised polyps. Polyps can usually be removed during a colonoscopy—the test used to check for colon polyps.
The major risk factor here is obviously the chance a polyp has already become cancerous, or the threat it may one day become cancerous. If the colon polyps are benign, they are simply removed and no further treatment would be immediately necessary. Decreasing the time frame between each colonoscopy would likely be reduced per your primary care physician.
If you’re applying for life insurance after colon polyps and you can prove a benign status, you’ll be able to obtain standard or better. You must have had the polyps removed and shown sign of full recovery. Some companies require you to submit an application no earlier than 6 months afterward to ensure all polyps were successfully removed, while others will not postpone you at all.
If you’re considering life insurance after colon polyps were discovered but not yet removed, you will be unsuccessful in getting an approval right now without a guaranteed insurance product. Even if the colon polyps could be determined as benign, they still need to removed and you’ll need to have no present symptoms before moving forward. As little risk as benign polyps pose, they could still develop into cancerous polyps at a later date.
You may also be considered slightly higher risk if you’ve had colon polyps more than once, have family members who had colon polyps, or other environmental factors like poor diet, poor exercise regimen, smoking, or heavy alcohol use. If you are overweight, you’ll also be a higher risk for polyps both now and in the future, and your overall BMI could begin to play a factor in your rating as well.
Even with benign polyps, if you show other symptoms of large intestinal concerns, you might be asked to postpone your application or you may only get a Sub-Standard policy. Here are some examples:
If you are experiencing any of these, it could present complications with your colon polyps or be early signs of a greater health risk like colon cancer.
When you’re looking to make your purchase of life insurance after colon polyps, you’ll want to have as much documentation as you can for both us and the insurance company. We can take the information you give us and provide you with an accurate quote so you can be prepared with realistic expectations. Let us help you shop over 50 companies to aid you in finding not only a top quality company to place your business with, but get you the lowest premium available.