You have two ways to get life insurance with Hepatitis C. One is to go with a simplified issue or guaranteed issue policy, and one is to go with a medically underwritten policy.
The simplified issue policy will have a limited number of health questions and will not require an exam. The guaranteed issue policy will have no health questions and not require an exam. Both options are a fairly certain way to get a policy. The face amount will be limited (possibly a maximum of $25,000 or less, but some policies offer more coverage). And it may be graded (pays a reduced benefit for natural death during the first years of the policy). If you have cirrhosis of the liver, this is most likely your only option. And some people choose this because it is easy and they do not need a large policy.
If you do want over $25,000 of coverage, you would pay far less by applying for a medically underwritten policy, if you can qualify for it. If your liver labs are fairly normal and you have had a biopsy and there is no liver damage, this could be a good choice for you. If your labs are normal and you have not had a biopsy, the rates may be higher, but it still is an option. If you have had successful treatment that has shown eradication of the Hep C a year after your treatment ends, you will get the lowest rates.
Some genotypes of hepatitis C, or failed treatment, or high lab results, may make it necessary to go the simplified or guaranteed issue route. Hepatitis C is a complicated disease and you should use an insurance agency that specializes in insurance for persons with Hep C to help save you time and money.
Great answer Peggy but there is also another way. There is a Group Plan offered to individuals and there are no medical questions. There is a requirement that you must be working at least 20 hours per week when you purchase. It is very inexpensive comparatively speaking and you can buy $10,000 to $100,000 in coverage. An example of the pricing is as follows: 49 year old $1000,000 in coverage is less than $90.00 per month and $50,000 is around $62.00 per month with a one time application fee. Contact me for more information or go to www.myababenefits.com/roco
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The simplified issue policy will have a limited number of health questions and will not require an exam. The guaranteed issue policy will have no health questions and not require an exam. Both options are a fairly certain way to get a policy. The face amount will be limited (possibly a maximum of $25,000 or less, but some policies offer more coverage). And it may be graded (pays a reduced benefit for natural death during the first years of the policy). If you have cirrhosis of the liver, this is most likely your only option. And some people choose this because it is easy and they do not need a large policy.
If you do want over $25,000 of coverage, you would pay far less by applying for a medically underwritten policy, if you can qualify for it. If your liver labs are fairly normal and you have had a biopsy and there is no liver damage, this could be a good choice for you. If your labs are normal and you have not had a biopsy, the rates may be higher, but it still is an option. If you have had successful treatment that has shown eradication of the Hep C a year after your treatment ends, you will get the lowest rates.
Some genotypes of hepatitis C, or failed treatment, or high lab results, may make it necessary to go the simplified or guaranteed issue route. Hepatitis C is a complicated disease and you should use an insurance agency that specializes in insurance for persons with Hep C to help save you time and money.