Life Insurance with Osteoporosis

Osteoporosis And The Need For Life Insurance 

Osteoporosis affects both your health and your bank account.  Making it all the more important to be financially prepared for the future. 

The Health Impact

The word Osteoporosis means porous bones. Characterized by low bone mass and the deterioration of bone tissue, this disease accelerates the rate at which bones deteriorate. As a result, patients experience weak and brittle bones, which bring an increased risk of fractures and breaks. 

Known as the “silent disease,” bone density can significantly decrease over many years without displaying noticeable symptoms.  

Here some startling statistics.  

• Women’s risk of fracture is equal to her combined risk of breast, uterine, and ovarian cancer.
• Men are more likely to break a bone due to Osteoporosis than he is to develop prostate cancer.
• 24 % of hip fracture patients over age 50 die within one year of their fracture.

The Financial Impact

Living with any chronic health condition is likely to bring financial uncertainty along with it. Disruptions in working life, prescription drugs, and life adjustments all can take a toll on your finances. 

There’s no telling how your condition might affect you financially. However, keep in mind that fractures and breaking of bones can result in expensive surgeries, time off work, or further health complications. 

Unforeseen medical expenses are the number one reason why people have financial difficulty throughout retirement.  

How Life Insurance Can Help

A life insurance policy provides guaranteed funds that help to reduce or eliminate end-of-life costs. Your beneficiary receives a tax-free lump sum death benefit immediately upon notification of death. Life insurance funds can pay for funeral expenses, medical bills, credit card debts, or any other financial need of your loved ones. 

Life insurance provides a financial safety net around those you love most. Securing your policy can bring peace of mind knowing that the funds will be there when needed the most.  

Life Insurance Options for People with Osteoporosis

There are two types of life insurance policies for people with Osteoporosis.  The severity of your symptoms will determine which policy type is best for you. 

Final expense life insurance policies are available for people with mild conditions and who do not have any other health complications. These are whole life policies with no medical exam. However, there is a health questionnaire, and not everyone will qualify. Those who do will enjoy the following benefits:

• up to $40,000 in coverage
• low rates
• multiple carrier options
• chronic and critical health protection options
• day one coverage

Guaranteed acceptance life insurance policies are available for individuals with severe symptoms or who have additional chronic health conditions. There are no medical exams or any health questions whatsoever. As long as you’re between ages 50 and 85, your acceptance is guaranteed. These policies have the following benefits:

• up to $30,00 in coverage
• Zero health requirements -guaranteed acceptance
• Living benefits
• Multiple carrier options
• Super simple applications

Our dedicated experts are here to help you determine which type of policy is you’re eligible for and then help you shop all the top providers offering those policies. 

Finding Your Best Rate  

Many factors affect the life insurance rates for Osteoporosis patients. Your age, sex, state of residence, size of the policy, and of course, the severity of your condition all contribute to the overall cost.

Most importantly is that life insurance rates can vary as much as 30% between insurance carriers, which is why it’s so important to shop around before purchasing. 

Our independent insurance agency specializes in helping individuals with chronic health conditions secure the funds they need to protect their loved ones. 

We’ll help you shop and compare all the top providers throughout the country so you can quickly find your best policy and price. 

Our services are free. And there’s never any obligation when working with an agent. 

Explore your options today. Fill out the form on your screen to instantly see life insurance quotes for people with Osteoporosis.