Finding an affordable life insurance policy with Parkinson’s Disease can be quite the challenge.
Luckily, you’ve come to the right place.
In fact, tough life insurance cases are our specialty at High Risk Life Insurance Agency.
Our 2 Minute Promise
Stick with us for two minutes, and you’ll have two important questions answered:
1. Can you qualify for life insurance with Parkinson’s Disease? And if so…
2. How much will it cost?
Yes, most individuals with Parkinson’s Disease will be able to qualify for traditional life insurance, the type of insurance which requires a medical exam.
But you’ll need to apply with a life insurance company that is accustomed to impaired risk cases, not an auto insurance company that just happens to also offer life insurance.
How Much Will it Cost?
Best Case Scenario – Most cases of Parkinson’s Disease that are non-progressive, meaning symptoms of muscle rigidity, spasms or walking problems are controlled may get the best rating at “Standard” health class. Click here for quote at “Standard”.
Moderate Case – Those cases with moderate symptoms of rest tremors or slowness of movement (bradykinesia) may still qualify for a “Medium Substandard” rating. These cases, however, must prove that there are no other complications such as mental or sensory disturbances. Click here for a quote at “Medium Substandard”.
Severe Case – Other cases that present severe symptoms of rigidity, rest tremors and slowness of movement, plus involvement of the cognitive, behavioral or psychiatric faculties will get an automatic decline.
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 (Standard or Medium Substandard), please see the questions below:
How many years have you been diagnosed with Parkinson’s Disease?
Parkinson’s Disease usually affects people after the age of 50, and for those whose conditions were diagnosed early may get a good chance of control of the disease and its progression. These cases may qualify for a “Standard” rating.
You might also be interested in reading this article, “Life Insurance Approval with Epilepsy or Seizure Disorder”
Have you noticed any changes in your symptoms within the last six months?
Changes or worsening of symptoms of rest tremors, rigidity or slowness of movement may be signs of disease progression and may get you a “Medium Substandard” rating or in worst cases a decline.
Are you taking any maintenance medications?
There is no cure for Parkinson’s Disease, but there are medications that help in the control of symptoms like Levodopa and Dopamine antagonists. Regular intake will show control of said symptoms and may qualify you for a “Medium Substandard” rating.
Do you have regular check-ups with your physician?
Regular visits to your doctor may mean that your condition is controlled and life insurance companies may see this as a good sign that may earn you a “Standard” or “Medium Substandard” rating.
Do you have a family history of Parkinson’s Disease?
This is very important to establish because the prognosis of a relative’s condition especially that of an immediate kin will give a basis for the probability of your disease progression. This, however, will not be used as a direct basis, because physical and neurological examination will determine the most appropriate rating for you.
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 Parkinson’s Disease
Parkinson’s Disease (PD) is a progressive, neurodegenerative condition of the central nervous system. Clinically, it is described as a movement disorder, which is the result of a decrease in dopamine levels in the region of the basal ganglia (midbrain) due to degenerative cell death.
The three cardinal signs of Parkinson’s Disease at any stage include rigidity, rest tremors and slowness of movement (bradykinesia).
Other symptoms early on the disease include difficulty in walking, gait disorders, shaking and flexed posture. In its progressive stage, there may also be signs of mental, behavioral, emotional, sensory or psychiatric disorders.
Other non-motor symptoms in advanced stage of PD include anxiety, depression, sleep disturbances, pain, loss of smell (anosmia), and other sensory abnormalities.
See our other articles on Neurological Disorders and Click Here