Life Insurance with an Eating Disorder

by Jeff Rose on September 27, 2017 · 0 comments

in High Risk Insurance

Eating disorders are a common mental ailment in the United States, especially with adolescent girls.

If you’ve suffered from an eating disorder like anorexia or bulimia in the past, it’s going to be an issue when you apply for life insurance today.

However, it’s still definitely possible to get a policy after you’ve recovered from your condition. You just need to plan your application right. To get prepared, be sure to review our guide to the underwriting rules for life insurance after an eating disorder.

Life Insurance with an Eating Disorder Life insurance is one of the most important purchases that you’ll ever make for your loved ones. It’s one of the few ways that you can ensure that your loved ones have the money that they need, regardless of what happens to you. When you’re applying for life insurance coverage, there are several different factors that you’ll need to consider to ensure that you’re getting the best life insurance coverage available.

This article is going to look at the different factors that the insurance company is going to review when you apply for coverage. We will also look at the different ways that you can get affordable life insurance protection for your family.

Life Insurance Underwriting after an Eating Disorder

When you apply for life insurance, you’ll need to answer several questions about your past eating disorder. You’ll likely need to answer:

  • Were you diagnosed with anorexia nervosa and/or bulimia nervosa?
  • How many episodes of eating disorders have you had?
  • When was the last episode?
  • Has your weight been stable for at least one year?
  • Do you have any other mental conditions like depression, anxiety, alcohol/substance abuse or psychotic disorders?
  • Are you taking any medications to help with your eating disorder?

While there are no medications to cure an eating disorder, applicants may be taking antianxiety or antidepressants to prevent another episode. These medications could be insurable.

Your life insurance application is your chance to show that you’ve recovered from your eating disorder and that it’s under control. Be sure to make your application as complete as possible. If your application seems to be missing information, the underwriter could get nervous and decline your policy.

Life Insurance Quotes after an Eating Disorder

Before you can apply for life insurance after an eating disorder, you’ll need to have recovered from your condition. Generally, insurance companies will want to see that you have recovered and maintained a health weight for at least a year before they will give you a policy. More time will help your rating because it means you have less risk of a relapse.

Beyond your eating disorder, insurance companies will also consider your overall physical and mental health as well as your family history of disease to determine your rating. While each company has slightly different rules for insurance after an eating disorder, here are the general guidelines to help you predict what rating you’ll receive.

  • Preferred Plus: Generally impossible for someone that had an eating disorder. Even if you are now in perfect health, insurance companies will still be too worried about a possible relapse to give out the best rating.
  • Preferred: Possible in rare cases for an applicant that once had an eating disorder. To qualify, it needs to have been at least 4 years since your past episode and you’re otherwise in perfect health and have no other mental disorders.
  • Standard: Likely the best possible rating for someone that once had an eating disorder. To qualify, it should have been at least four years since your last episode and you are in generally good health. It may be possible to get a standard rating with small health problems like being a bit overweight or having slightly high cholesterol.
  • Table Rating (substandard): Applicants that apply within two to four years of their last eating disorder episode will likely get a rated policy. The longer you wait, the better your rating will be. You could also get a rated policy if you have recovered from your eating disorder but still have some other mental or health issues.
  • Declines: Applicants that apply while currently suffering from an eating disorder will be declined. Most applications within one year of an episode will also be declined. Your application could also be declined if you are still suffering from other mental issues like depression or you have some significant health problems that would be made worse from an eating disorder relapse.

Eating Disorder Insurance Case Studies

When you apply for life insurance after an eating disorder, your application can make a big difference. Here are a few real life examples that show why it’s important to plan.

Case Study: Female, 32 y/o, suffered from bulimia nervosa at 23, recovered at 25, applied for life insurance at 26 and was rejected

This applicant was bulimic when she was 23. After a couple years she made a full recovery and never relapsed. Within a year of recovering, she tried applying for life insurance and was rejected. At this point, she thought her past eating disorder would make it impossible for her ever to get coverage. After reading our website, she realized this wasn’t true. We also referred her to an insurance company that regularly deals with applicants that had eating disorders in the past. This helped because the new company was better able to evaluate her application. By applying again at 30, this applicant was able to receive a standard rating.

Case Study #2: Female, 40 y/o, suffered from anorexia nervosa in her teens, relapsed at 24, fully recovered at 26 and had no other relapses, currently taking antidepressants, in great health

This applicant was struggling with depression in her teens and this caused her to become anorexic. She recovered but then relapsed again at 24. After regularly meeting with a therapist and starting to take antidepressants, the applicant made a full recovery. Since then she has been in great health, though she still takes antidepressants and sees her therapist from time to time.

When she applied for life insurance, she only received rated policies. We thought this was because insurance companies were getting scared of her relapse history and her current medications. We recommended this applicant see her doctor and get a note vouching for her improved mental and physical health. With this extra information, the applicant received a standard rating.

As you can see, a past eating disorder makes getting life insurance more difficult, but not impossible. To increase your chances of getting a fair rating, it helps to work with a professional.

Bottom Line

Our company specializes in finding insurance for applicants that once had an eating disorder. Every insurance company is different, and all of them are going to offer you different rates based on their medical underwriting and their rating system. Finding the perfect company could be the difference between getting an affordable life insurance plan or getting one that breaks your bank every month.

Unlike a traditional insurance agent, our independent brokers represent dozens and dozens of highly rated companies across the nation, which means we can bring all of the best insurance rates directly to you. If you tried to get all of these quotes yourself, you could spend hours and hours calling different companies. Instead of wasting your precious time, let one of our agents do all of the hard work for you.

We can guide you through your application and match you up with the best company for your situation. For more information and free rate quotes, call or fill out our online quote form today.

You never know what’s going to happen tomorrow, which means that you shouldn’t wait any longer to get the insurance coverage that your family deserves. It’s our mission to ensure that you’re getting the best life insurance plan possible.

If you have any questions about getting life insurance coverage as an applicant with an eating disorder on your medical record, then contact one of our agents today. We would be happy to answer those questions and connect you with the best life insurance policy available.

You never know what’s going to happen, which means that you shouldn’t wait another day to get the insurance coverage that you and your family deserve. If something were to happen to you, and you didn’t have life insurance coverage, your family would be left with a huge amount of debt. Don’t let your eating disorder keep you from getting an affordable life insurance policy.

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