Paget’s disease is an often painful medical condition characterized by enlarged and misshapen bones.
Though it’s a chronic disorder without a cure, several treatments are available to reduce associated pain and help you live a normal lifestyle. When detected in its early stages, Paget’s disease is a very manageable condition.
How does Paget’s disease affect your life insurance eligibility? As with any medical condition, it certainly makes finding traditional coverage more difficult. Yet, it can be done as long as you’re otherwise healthy and target the right life insurance companies.
Here’s what you need to know about the application process and cost of life insurance with Paget’s disease.
How To Get Approved For Life Insurance with Paget’s Disease
Paget’s disease affects over 1 million Americans. There are roughly 200,000 new cases each year.
Though the disease can affect any bone in your body, it most commonly affects the spine, pelvis, skull, and leg bones. In addition to their abnormal growth, affected bones are also far weaker and break much more easily than normal.
Doctors and scientists still don’t know the exact cause of the disease. However, it’s most common in older men of Northern European descent. The disease has also been shown to run in families.
Despite the importance of detecting Paget’s disease early, many people don’t realize something is wrong until their symptoms become serious. Mild symptoms most often include minor pain in the bones.
More serious symptoms stem from the weakness of the bones. These include more severe pain, noticeably enlarged bones, and broken bones. A curved spine is a common symptom for Paget’s disease in the spine.
If left untreated for too long, Paget’s disease can have serious complications. These additional medical problems include arthritis, hearing loss, heart disease, kidney stones, nervous system problems, bone cancer, loose teeth, and vision loss.
According to the National Institute of Osteoporosis and Related Bone Diseases, your risk of developing these complications goes down dramatically if you start the proper treatment early on. A combination of medication and surgery is the recommended treatment.
Most doctors also recommend you maintain a specific lifestyle. Of utmost importance is proper health and regular exercise. A diet high in calcium and vitamin D is pivotal to developing strong bones. Regular exercise also helps build stronger bones.
Our Application Process
The application process for traditional life insurance is straightforward. All you have to do is submit an application and take a medical exam for consideration.
All traditional insurance providers require a medical exam. This allows the company’s underwriters to better assess the specifics of your condition and your overall health.
An underwriter looks at dozens of factors to come up with your risk rating. This risk rating is then used to calculate your life insurance premium. The better your health and better managed your Paget’s disease, the lower your premium will be.
Here are a few of the most important factors a life insurance underwriter looks at during the life insurance application process:
Overall Health – What’s the state of your overall health? Do you have any conditions other than Paget’s disease? Is there anything else going on which might affect your life expectancy?
Diet, Exercise, Lifestyle – Have you changed your lifestyle to help manage and improve your condition? A diet high in calcium and vitamin D, regular exercise, and no smoking are essential.
Date of Diagnosis – When were you diagnosed with Paget’s disease? Most insurance providers want to see the condition has been stable for at least 6 months (if not an entire year).
Condition History – What symptoms have you experienced and how severe were they? Do you have any complications from Paget’s disease? When was the last time you experienced symptoms?
Treatments – What are you doing to treat your disorder? What medications are you taking? Did you need surgery? How effective have the treatments been?
Doctor Visits – Visiting your doctor on a regular basis is a good sign to life insurance companies. It shows your condition is managed and you’re doing all you can to stay on top of it.
While there are a lot of factors you simply can’t change when it comes to treating Paget’s disease, you can improve your lifestyle.
Life insurance companies value individuals who work hard to eat a special diet, exercise regularly, and avoid smoking if it helps improve their condition.
Most people with Paget’s disease will be able to qualify for traditional life insurance coverage. However, estimating the exact rate you’ll pay is difficult without knowing the specifics of your situation.
A Standard rating is the most common. This rating is granted to those who start treatment early on. You must be able to prove there has been no progression of bone deformation or enlargement since treatment was started.
Those who are still experiencing mild symptoms such as bone discomfort will likely receive a Mild Sub-Standard rating.
If you have complications related to Paget’s disease, there’s a good chance you’ll be denied traditional coverage altogether. The same goes for those who were diagnosed within the past 6 months. Insurance providers want to see your condition has been managed for at least this length of time before offering coverage.
Luckily, you don’t have to apply for life insurance just once. You can reapply several if your condition improves. There are also plenty of life insurance alternatives available, like a graded death benefit policy, for those who are denied traditional coverage.
What to Do Next
We only work with the top rated companies who provide life insurance to those with Paget’s disease.
Use us as your independent life insurance company to increase your chances of receiving coverage from them. We know exactly what they look for in each applicant and can help get you the best life insurance with Paget’s disease available.