Having trouble finding affordable life insurance with Paraplegia?
Don’t fret. We can help!
At High Risk Life Insurance Ageny, we specialize in “high risk” life insurance.
Your Answers in 2 Minutes
Stick with us for two minutes, and you’ll have two important questions answered:
1. Can you qualify for life insurance with Paraplegia? And if so…
2. How much will it cost?
Yes, most individuals with Paraplegia will be able to qualify for traditional life insurance, the type of insurance which requires a medical exam.
However, these types of approvals can only be offered by life insurance companies that are accustomed to high risk life insurance cases.
Best Case Scenario – Most cases of Paraplegia for patients who are 60 years old and below are rarely mild that is why the best rating that can be given is at “Medium Substandard”. This rating can only be possible if the cause of Paraplegia is detected early and prompt treatment and management are employed.
For patients, however, who are above 60, they may still qualify for a “Medium Substandard” rating, provided that there are no known complications such as thrombosis. If serious complications are established, they may get a “Medium Standard” rating. Click here for quote at “Medium Substandard”.
Severe Case – With severe and recent complications such as pneumonia, thrombosis or cord compression the best approval you may obtain is at a “Severe substandard” rating. This is whether you are below or above 60 years of age. Click here for a quote at “Severe Substandard”.
You may have difficulty qualifying for traditional coverage, but could be eligible for a graded death benefit policy.
Common Questions to Assess Rating Class
If you’re unsure which of the above health classes to quote yourself at (Medium Substandard or Severe Substandard), please see the questions below:
What condition do you have that is associated with your Paraplegia?
The cause of Paraplegia will give the insurance company a clear picture of your condition. The less serious your disease condition, the more likely that you will get the best rating of a “Medium Substandard”.
How many years have you been with Paraplegia?
Long-term cases of Paraplegia have the higher risk of having serious complications such as cord compression or thrombosis. Also, the longer the condition is, the more likely it will be associated with poor management, which may get you a “Severe Substandard” rating or even a decline.
Are you taking any medication for pain?
The need for medications to control pain may be a sign of a serious complication like spinal injury. This may get you a decline especially if the symptom is unmanaged by a physician.
You might also be interested in reading “Life Insurance Approval with Multiple Sclerosis”
Do you have regular check-ups with your physician?
Your regular visits to your doctor will show your compliance to your treatment and management. Your doctors will also be the ones to give the most accurate medical evaluation of your condition.
Have you had any relevant diagnostic tests in the past 12 months?
Recent diagnostic tests such as CT-scan or MRI is the best way to assess your actual condition. This may also confirm your compliance with your physician’s management.
Do you have other medical conditions?
Other medical conditions such as arthritis or other bone problems may aggravate the symptoms. This information is very important to disclose because it may affect your rating.
Where is the location of your spinal Injury?
Spinal injury can anywhere be from the cervical, thoracic or lumbar area. The higher the injury, the more serious the condition is, the more likely to get a “Severe Substandard” or decline.
If you are still unsure which rating class you fall under, we suggest getting a life insurance quote at multiple substandard ratings, so you can familiarize yourself with the range of substandard premiums.
Using the Instant Life Insurance Quote form on the right, select the rating class that best suits you based on your answers to the questions above, as well as complete the amount and type of coverage needed.
An estimate will appear on the next page.
If we can help you with a quote or to apply for coverage, call us at 877-443-9467.
Overview of Paraplegia
Paraplegia is not a disease in itself, but a symptom of an impairment, injury or congenital defect to the areas of the thoracic, lumbar or sacral regions of the spinal cord.
As a result of these conditions, motor or sensory functions of the lower limbs become impaired as well. Some of the diseases that cause paraplegia include: spina bifida, multiple sclerosis, parasitic schistosomiasis, and meningomyelocoele are among them.
Paraplegia has the potential to become a debilitating disease, although early treatment and proper management can make it a reversible condition.
See our other articles on Injuries and Physical Defects and Click Here