Is It Hard to Apply for Life Insurance with Thrombocytopenia?

by Jeff Rose on October 16, 2017 · 0 comments

in High Risk Insurance

Thrombocytopenia is when a person has a low blood platelet count.

This can be a significant health problem because it increases the chance of severe bleeding and also could be the sign of other more serious issues.

As a result, if you have thrombocytopenia, it’s going to be an issue when you apply for life insurance. This condition is going to make getting life insurance more difficult.

However, you could still qualify for a policy at a fair rate with this condition. It depends on a number of factors including the severity of your condition and how well you manage your application.

Life Insurance with Thrombocytopenia Life insurance is one of the best insurance products that you’ll ever purchase for your loved ones. It’s one of the few ways that you can ensure that your family will have the money that they need, even if something tragic were to happen to you.

To get prepared before you apply, take a few minutes and review our guide to the life insurance rules for someone with thrombocytopenia. We know that shopping for life insurance is never a fun task, especially if you have a severe pre-existing conditions, but that’s why we are here to help. It’s our mission to ensure that you’re getting the best life insurance plan available.

If this article doesn’t answer all of your questions, please feel free to contact us and we can answer any additional questions that you have about your life insurance protection.

Life Insurance Underwriting with Thrombocytopenia

When you apply for life insurance with thrombocytopenia, you’ll need to answer several questions about your condition. You’ll probably need to answer:

  • When were you diagnosed with thrombocytopenia?
  • What were your tested blood marrow results?
  • Have doctors discovered the cause of your thrombocytopenia?
  • How is your thrombocytopenia being treated?
  • When was your most recent CBC? What were the results for Hemoglobin, Hematocrit, White blood count, and Platelet count?
  • Do you have any other health issues?
  • Are you taking any medications?

Make sure to answer all these questions in as much detail as possible.

Your application is your chance to explain you situation and show that everything is under control. When life insurance companies receive incomplete applications, especially from someone with a condition like thrombocytopenia, they get nervous and may give out a worse rating.

Life Insurance Quotes with Thrombocytopenia

When you apply for life insurance with thrombocytopenia, your rating will depend on a few factors. The insurance company will consider whether you’ve found the cause of your condition or not. If you’ve found the cause, it usually leads to a better rating especially if there is a treatment that would fix the condition.

Insurance companies will also consider your platelet count. Thrombocytopenia is when your platelet count is below 150,000/mm3. The higher your count, the better your rating will be. Finally, they will consider your overall health beyond this condition. While each company has slightly different rating rules, here are some general guidelines that can help you predict your insurance rating.

  • Preferred Plus: Possible in extremely rare cases for someone who had thrombocytopenia but recovered after treatment. The applicant should be in absolute perfect health otherwise.
  • Preferred: Possible for someone who had thrombocytopenia but recovered after treatment. The applicant should also be in near perfect health. This is a bit more likely than Preferred Plus, but still rare.
  • Standard: Standard is the usually the best possible rating for someone who had thrombocytopenia but recovered after treatment. Also, an applicant who has thrombocytopenia but doesn’t know the cause could qualify for this rating if the rest of the CDB counts are normal and platelet counts stay above 100,000 for at least two years. Applicants should be in overall decent health.
  • Table Rating (substandard): Most likely rating for someone with thrombocytopenia. Applicants with platelet counts between 30,000 and 100,000 usually qualify for this rating. An applicant’s rating will depend on the platelet count, the cause of the condition, and the applicant’s overall health.
  • Declines: Applicants with a platelet count below 30,000 will likely be denied coverage. Also applicants who are suffering from thrombocytopenia because of more serious conditions like leukemia, lymphoma, or serious spleen disease will also likely be denied coverage.

Thrombocytopenia Insurance Case Studies

When you apply for life insurance, your application can make a difference. This is especially true when you have a condition like thrombocytopenia. Here are a couple real life case studies that prove this point.

Case Study: Female, 51 y/o, diagnosed with thrombocytopenia at age 46, platelet count has always stayed above 100,000, decent overall health

This applicant was in overall pretty decent health so it was a bit of a surprise when she was diagnosed with thrombocytopenia at 46. Her platelet count never fell too low, it was always above 100,000, yet it was still a concern. None of her other CBCs showed any problems. She tried applying for life insurance right after her diagnosis and was rejected. At this point, she thought she couldn’t buy life insurance.

After reading our website, she realized this wasn’t true. Her issue was she applied too early after her diagnosis. We recommended she try again and also matched her up to a company that regularly deals with this condition. Trying again under these better terms, she received a Standard rating.

Case Study #2: Male, 48 y/o, diagnosed with thrombocytopenia at 46, former smoker, used to be overweight and had high blood cholesterol,

This applicant was not taking very good care of himself. He smoked, was overweight, and had high blood cholesterol. After being diagnosed with thrombocytopenia, he realized he needed to changes things fast or his situation would quickly get worse. He quit, lost weight, and started taking medication for his cholesterol. This helped and kept his thrombocytopenia and other problems from getting any worse.

However, when he tried applying for insurance, he couldn’t qualify for a policy. We thought this was because insurance companies were paying too much attention to his past history and not enough to his improvements. We recommended he see his doctor and ask for a note vouching for his improved health and how it was keeping his thrombocytopenia from getting worse. With this extra information, the client qualified for a rated policy.

Don’t let thrombocytopenia discourage you from applying for life insurance. It is possible to get coverage. You just need to plan right. We can help. Our company specializes in finding coverage for people with this condition. We can guide you through your application and match you up with the best companies for your needs.

Unlike a traditional insurance company, we are a group of independent insurance agents, which means that we don’t work with one single company. Instead, we represent dozens and dozens of highly rated companies across the nation.

Regardless of your health or any pre-existing condition that you have, it’s possible to get quality life insurance at an affordable rate. Every insurance company is different, and all of them are different medical underwriting, which means that you could get drastically varying rates depending on which company that you get the quote from.

There are hundreds and hundreds of companies on the market, which means that you could spend days and days calling agents to get the best quote. Instead, let one of our agents do all of that hard work for you. It’s our mission to ensure that you’re getting the best plan possible. We work with the best companies across the nation and we can deliver a personalized set of quotes in a matter of minutes.

For more information, call or fill out our free Compare Quotes form on the right side of this page today. If you have any questions about getting life insurance coverage as an applicant with thrombocytopenia, please contact one of our experienced agents today. We have years of experience working with all kinds of applicants across the nation. We know which companies are going to give you the best rates possible.

You never know what’s going to happen tomorrow, which means that you shouldn’t wait another day to get the insurance protection that your family deserves. If something awful were to happen to you, and you didn’t have life insurance coverage, they would be left with a massive amount of debt and other bills that they wouldn’t have to money to pay for.

Don’t wait another day to get the insurance protection that your family deserves. Contact us today and we can get the process started.

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