Marijuana use is and has been prevalent in the United States for a very long time. It is the most widely used of all recreational drugs today, and is used by people of all walks of life. Its active chemical, commonly known as THC has been proven to help those with rheumatic diseases, ocular conditions or certain mental illnesses and is a known relaxant.
Whatever your stance is on the use of illegal drugs, it is likely that at some time in your life you have encountered marijuana, and for many it remains a concern when applying for insurance.
Does the use of Marijuana make me ineligible for life insurance?
If you use marijuana, you may be a little concerned about taking the required exam to get term life insurance fearing that if marijuana use is detected, you may be ineligible for coverage.
Fear not.
Marijuana use, by itself is not something that will make you ineligible, but it is something that is tested for.
Of course, the results of the test may come back negative, but the questionnaire will probably also ask whether you have used any illegal drugs in the past five years.
If the answer is yes, again, you should be able to qualify for life insurance.
If marijuana shows up in your blood test, the chances that you will be able to qualify for the most desirable rating class are somewhat diminished, and if they show up not all at (but you answer “yes” to the question about marijuana use) your chances are diminished somewhat .
Will I get a smoker’s rate if I use or have used marijuana?
Each life insurance company follows different guidelines, but generally, you will not be charged smoker’s rates for life insurance if you have used or are currently using marijuana.
If my life insurance blood tests positive for marijuana use, will this information be reported to law enforcement or the government in any way?
No. By law, your medical records are protected.
The report will go to the MIB, but you give your consent to this when you fill out the life insurance application.
The MIB stands for Medical Information Bureau, and it is a non-governmental agency which provides services to health and life insurance companies across the U.S.
The information submitted to the MIB is not accessible to the government.
Is there any way to get life insurance without taking a blood test?
Yes! There is something called No-Exam life insurance which does not require an exam of any kind.
Depending on the amount applied for and whether they require a blood test for that amount they will. The question about drugs is always on the application regardless of amount so if you were to answer honestly (suggested) they would know. In some cases you are simply rated as a smoker. Other companies may decline you. I suggest you work with a broker who knows what to look for in a company.
Agent, Rural Mutual Insurance Co., Union Grove, WI
Depending on the company and the type of life insurance policy that you are applying for. The company may along with getting your medical history from you and your doctor may require a blood sample that will be tested for many things including drugs. This is necessary to ensure that you are being rated properly getting a premium that is deserved not arbitrary. Full disclose is the best way to ensure that you get what you are looking for out of a policy. If you skirt the truth or provide false answers your policy may be cancelled or the insurance company may only be required to refund your premiums paid; upon death; not the policy amount. Every company and policy is different. Please contact a local agent to get more detailed information regarding coverage and exclusions.
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Whatever your stance is on the use of illegal drugs, it is likely that at some time in your life you have encountered marijuana, and for many it remains a concern when applying for insurance.
Does the use of Marijuana make me ineligible for life insurance?
If you use marijuana, you may be a little concerned about taking the required exam to get term life insurance fearing that if marijuana use is detected, you may be ineligible for coverage.
Fear not.
Marijuana use, by itself is not something that will make you ineligible, but it is something that is tested for.
Of course, the results of the test may come back negative, but the questionnaire will probably also ask whether you have used any illegal drugs in the past five years.
If the answer is yes, again, you should be able to qualify for life insurance.
If marijuana shows up in your blood test, the chances that you will be able to qualify for the most desirable rating class are somewhat diminished, and if they show up not all at (but you answer “yes” to the question about marijuana use) your chances are diminished somewhat .
Will I get a smoker’s rate if I use or have used marijuana?
Each life insurance company follows different guidelines, but generally, you will not be charged smoker’s rates for life insurance if you have used or are currently using marijuana.
If my life insurance blood tests positive for marijuana use, will this information be reported to law enforcement or the government in any way?
No. By law, your medical records are protected.
The report will go to the MIB, but you give your consent to this when you fill out the life insurance application.
The MIB stands for Medical Information Bureau, and it is a non-governmental agency which provides services to health and life insurance companies across the U.S.
The information submitted to the MIB is not accessible to the government.
Is there any way to get life insurance without taking a blood test?
Yes! There is something called No-Exam life insurance which does not require an exam of any kind.
Depending on the amount applied for and whether they require a blood test for that amount they will. The question about drugs is always on the application regardless of amount so if you were to answer honestly (suggested) they would know. In some cases you are simply rated as a smoker. Other companies may decline you. I suggest you work with a broker who knows what to look for in a company.