If you are one of the thousands of Americans who deal with irritable bowel syndrome, or IBS, don’t fear your life insurance purchase one bit. Finding affordable rates for life insurance with irritable bowel syndrome is not difficult.
Because we are an independent life insurance agency, we have access to a large majority of the major life insurance carriers all across the United States with all kinds of different underwriting guidelines. More than one of the companies we use will regularly write anyone with IBS, so long as the rest of their health is in good order.
If you or someone you know is looking for life insurance and IBS is a concern, contact us before you make a move. We’ll take the time to get to know you and your particular case to make sure we find you the lowest possible rates in the marketplace.
Keep reading below to find out more about irritable bowel syndrome, it’s affect on life insurance underwriting, and what you need to do in order to get the best possible approval.
While some agencies will call irritable bowel syndrome a high risk for life insurance (and even some carriers, unfortunately), much more is known about the condition and it can be controlled much more easily than other health concerns. Fortunately, for you, this translates to some really good underwriting from some major life insurance companies. This ultimately means better ratings, and better premiums.
Before we dive head first into the life insurance aspect, let’s first take a look at the specific things a carrier is looking for before approving someone for life insurance with irritable bowel syndrome:
As long as you can display a seasoned record of good control with few complications, you’ll likely be looking at a Standard rating. While most of the cases we see for those applying for life insurance with irritable bowel syndrome obtain this rating, not all companies will offer it. Some require more of the applicant, while others won’t offer it at all.
According to the National Library of Medicine, in respect to irritable bowel syndrome:
Treatment options for IBS have increased in number in the past decade and clinicians should not be limited to using only fiber supplements and smooth muscle relaxants. Although all patients with IBS have symptoms of abdominal pain and disordered defecation, treatment needs to be individualized and should focus on the predominant symptom.
Each case will have similar symptoms to some extent, but the frequency and severity is what can create a more complicated view of the irritable bowel syndrome. If weight, for example, is not under control, there is a much higher likelihood of an applicant experiencing long term difficulties with significantly higher frequencies. The more chronic the issue, the higher likelihood of other health concerns, as well, although not typical.
Inconsistency in your control over the IBS is the number one reason to Sub-Standard ratings, with the second reason being multiple health concerns in your profile.
Medications are pretty common for those dealing with IBS, and when looking at life insurance with irritable bowel syndrome, it’s usually not a big deal. Common medications are those which aid with constipation, inflammation, mild pain and muscle spasms. Medications such as these aren’t seen as particularly harmful, especially when taken as needed or in acute cycles.
If you’ve not been successful in your search for life insurance with irritable bowel syndrome, give us a call. We’ll be happy to assist you in finding proper coverage from a reputable company. Don’t take no for an answer elsewhere; we can get you covered even when others have already turned you down.