Life Insurance Coverage With Bipolar Disorder
Years ago, there was a widely held belief that people with bipolar disorder could not get life insurance. Following advancements in drug treatments, in addition to a greater understanding of the disorder and how to treat it, it is now very possible for a person with bipolar to get life insurance coverage. Bipolar disorder can be devastating to those who have it and their loved ones. It is sometimes called manic depressive illness. Today there are companies that will provide life insurance for people with bipolar disorder.
Call a Senior Care Life Licensed Agent at 678-468-5163 or Toll Free 888-684-1344.
Some Life Insurance Companies Will Provide Coverage for Bipolar Disorder
If you are a senior and seeking life insurance coverage while you have Bipolar Disorder we can help. Some life insurance companies may not provide coverage if you have Bipolar Disorder, due to their underwriting risk assessment. However our A+ Rated life insurance carriers will provide you with low cost life insurance coverage if you have Bipolar Disorder. Fill out our Contact Form to request life insurance coverage if you have Bipolar Disorder or other medical issues.
Can I Get Life Insurance With Bipolar Disorder?
It can be difficult for people diagnosed with bipolar disorder to buy life insurance but not impossible – depending on where you look. People with bipolar illness can qualify for life insurance coverage, you just need to apply to the right insurance company. When it comes to buying life insurance, an application’s approval will hinge on the type and severity of the disorder, and how well it’s being controlled. 6 percent of the population, according to the National Institute of Mental Health, and at least half of cases begin before age 25.
Because of heightened risk of associated with bipolar disorder it falls outside of most insurers’ risk assessment. Because people who suffer from it have a high suicide risk rate. Suicide occurs in 10 to 15 percent of individuals with bipolar I disorder. According to the DSM-IV, a manual published by the American Psychiatric Association Bipolar disorder affects 5. 7 million American adults annually.
Some symptoms associated with Bipolar Disorder:
- Dramatic mood swings
- Feeling overly high and/or irritable
- Then sad and hopeless then back again
- Often with periods of normal mood in between
- Severe changes in energy
- Severe changes in behavior
- Episodes of mania and depression
- Feelings of worthless
- Difficulty in relationships
- Inability to carry out day-to-day tasks
- People may suffer for years before properly diagnosed
Characteristics Of Bipolar 1
People with bipolar I typically have a manic episode lasting at least one week that is often accompanied by psychosis, where reality is distorted. Inflated self-esteem, grandiosity, racing thoughts, shopping sprees, lack of sleep and sexual indiscretions are common A person in a manic stage is in an abnormally heightened state, which can lead to a spectrum of risky behaviors. Mixed episodes of mania and depression generally characterize bipolar I. They may have to be hospitalized in order to avoid hurting themselves and those around them.
Characteristics Of Bipolar 2
Bipolar 2 does not disrupt normal life functions or require people to be hospitalized and its victims do not become psychotic. Being psychotic includes recurring episodes of hypomania and depression. Bipolar 2 is the most common form of bipolar condition. Although a person with bipolar 2 can have a major depressive episode, hypomania in bipolar 2 does not have the psychotic component found in bipolar I or manic depression.
You Can Get Life Insurance Coverage
If you have Bipolar Disorder
If you have Bipolar Disorder or any other illnesses, fill out the contact form above for a Quick Quote from a Licensed Senior Life Insurance Professional in Your State. Your policy can cost as little as $1 a day.
Getting Life Insurance With Bipolar Disorder
If you have Bipolar Disorder it is very important that you do your best to maintain good health in order to qualify for the best rate. It is always best to be consistent in taking your medication as prescribed by your doctor. Even If your health condition with Bipolar Disorder is deteriorating and you are concerned that you will not qualify life insurance, you can still get coverage. With some of our policies require no health questions and no medical exam to qualify for coverage. By working with an agent who specializes in high risk life insurance coverage, you will increase your chances of finding the most affordable coverage with Bipolar Disorder.
Knowing The Right Insurance Company IS Key In Getting Bipolar Disorder Coverage
Your agent will know about the insurance companies underwriting criteria and requirements for life insurance coverage with Bipolar Disorder. With your Bipolar Disorder under proper treatment you may possibly even get coverage with a low cost Standard Life Insurance Policy. To get life insurance coverage with Bipolar Disorder you need to talk with a life insurance agent that have the necessary connections with the right type of insurance companies Our Agents at SeniorCareLife specialize in knowing the most affordable coverage options with the best life insurance companies for your condition.
In addition to working with an agent who specializes in Bipolar Disorder life insurance coverage, you can also keep your life insurance costs down by having regular physicals and doctor checkups. You can always get coverage with a Guaranteed Acceptance Whole Life Insurance Policy regardless of your medical condition. In fact, the longer you are in good health, the greater your chances are of qualifying for a more affordable whole life insurance policy. With today’s high medical cost, any money saved will help in reducing your over all monthly expenses in managing your Bipolar Disorder condition.
Agents Will Assist You In Getting Coverage
Our agents will assist you in obtaining the coverage you need at a rate you can afford. When applying for a standard life insurance policy, graded benefit coverage or a guaranteed life insurance policy with any of our carriers, keep in mind that you will not have to submit to a doctor’s medical examination and in some cases will not need to submit any information about your health condition. Bipolar Disorder treatment can be successful if the condition is detected early and proper treatment start early.
Getting The Best Life Insurance Coverage With Bipolar Disorder
We do our best in getting you the lowest cost coverage for your condition. However while a guaranteed life insurance policy usually cost a bit more than traditional standard life insurance policies, you will not have to worry about the possibility of being rejected due to your health issues. You can help improve you health condition by taking your medication as prescribed by your doctor and keep up with your doctor visits There are also things you can do to help getting affordable coverage, like avoid smoking.
If you have already requested your senior whole life insurance quote, our agents will call you back soon as possible to discuss your condition and give you a free no obligation quote on your whole life insurance policy.