Epilepsy Life Insurance And Critical Illness Cover Guide
Pre-existing illnesses are more common now than a few decades ago.
Insurance Hero is an insurance company specialising in epilepsy life insurance and similar policies. It is willing and able to provide affordable life insurance coverage for those with pre-existing conditions, including diabetes, high blood pressure, and epilepsy.
In the past, it was almost impossible for someone with pre-existing conditions to attain life insurance coverage, let alone find a policy that fits their overall budget.
With these illnesses becoming more prevalent, insurance companies are now more open to providing comprehensive, affordable critical illness coverage as long as the condition is managed properly.
Without proper epilepsy life insurance protection, would your loved ones be able to do the following if you weren’t around to help?
- Settle any outstanding mortgage payments
- Clear any outstanding debts in your name
- Fund their current lifestyle if required
- Buy a new home or property
- Plan for a funeral
- Deal with the burden of inheritance tax
Compare The Leading Epilepsy Life insurance Companies To Get The Best Deal On Epilepsy Cover
What is Epilepsy Exactly?
Epilepsy is a spectrum of nervous system disorders most commonly defined by the recurrence of different levels of seizures.
Seizures are disturbances in consciousness, muscle movement, and sensations usually controlled by the cerebral organ.
Epilepsy umbrellas several different sub-conditions distinctively defined by various combinations of symptoms or seizures.
Although all symptoms may differ, epilepsy is often treated by combining different medications to treat the patient’s unique symptoms.
These medications help control the patient’s seizures or even stop them from occurring altogether. Major epilepsy and minor epilepsy are the two most common forms of this condition.
Major epilepsy, also called grand mal epilepsy, is defined by seizures that include convulsions, muscle spasms, varying levels of lost consciousness, and even a distinct epileptic cry.
Major epilepsy can occur independently or in combination with other types of this condition.
Minor epilepsy, also known as petit mal epilepsy, begins to develop in the patient’s childhood. As the patient enters adulthood, this type of epilepsy mixes with other seizure patterns.
A petit mal seizure is usually less traumatic than a grand mal seizure and includes short periods of hazy consciousness that last up to 30 seconds.
How Does Epilepsy Affect a Life Insurance Application?
Although pre-existing conditions do not bar individuals from obtaining epilepsy life insurance, handling these applications differently is the general practice.
First, insurance agents will take a much closer look at the applicant’s medical history, looking for indications that his or her condition is well managed by both the applicant and the doctor.
Agents will generally ask a series of medical questions. When answering these questions, having an accurate medical record of treatments and medications is important.
If the insurance company finds the condition is well managed, it will often be able to supply an affordable insurance plan.
Insurance Hero specialises in handling insurance applications for individuals with pre-existing illnesses such as epilepsy.
It is important to remember that a medical condition should not stop an applicant from obtaining the epilepsy life insurance cover he or she needs at an affordable price.
We also offer life insurance for seniors with pre-existing conditions, so please get in touch with us today for a no-obligation chat.
When a person provides proper, accurate medical records, it is possible to arrange and grant the applicant a life insurance policy with a specific budget and needs requirements.
If you would like more information on the life insurance policies that Insurance Hero can provide for individuals with pre-existing conditions, please contact one of our knowledgeable insurance agents today.
Case Study: Life Insurance for Individuals with Epilepsy – A Story of Security and Peace of Mind
Introduction
Meet John Smith, a 35-year-old man living in London, UK. John has been living with epilepsy for over a decade.
Recently, he decided to take out a life insurance policy to provide financial security for his family.
This case study explores the benefits of life insurance for individuals with epilepsy and how it has positively impacted John and his loved ones.
Background
John is married to Emily and has two young children. He works as a software engineer and enjoys spending time with his family.
However, living with epilepsy has always been a concern for him. He worries about his family’s financial stability should anything happen to him.
The Decision to Take Out Life Insurance
After researching various insurance providers and consulting with a financial advisor, John decided to take out a specialised life insurance policy tailored to those with epilepsy.
He found that many insurance companies offer coverage options specifically designed for individuals with chronic conditions.
Benefits for John and His Family
- Financial Security: The life insurance policy provides a guaranteed payout to John’s family in the event of his death. This ensures they will have the financial means to continue their current lifestyle.
- Peace of Mind: Knowing that his family will be financially cared for has given John peace. He no longer worries about the financial burden his condition might place on his loved ones.
- Flexible Premium Options: John could choose a premium structure that fits his budget. Many insurance providers offer flexible payment plans for those with chronic conditions.
- Inclusion of Critical Illness Cover: John’s policy includes critical illness cover, which provides a lump sum payment if he is diagnosed with a specific serious illness. This adds an extra layer of protection.
- Estate Planning Benefits: The tax benefits associated with life insurance have allowed John to plan his estate more effectively, ensuring that his assets are distributed according to his wishes.
Conclusion
John’s decision to take out life insurance has brought numerous benefits to him and his family.
The coverage options available for individuals with epilepsy have enabled John to find a policy that meets his unique needs.
This case study highlights the importance of life insurance for people with epilepsy and how it can provide financial security and peace of mind.
It serves as a reminder that chronic conditions like epilepsy should not be a barrier to obtaining essential financial protection.
Steve Case is a seasoned professional in the UK financial services and insurance industry, with over twenty years of experience. At Insurance Hero, Steve is known for his ability to simplify complex insurance topics, making them accessible to a broad audience. His focus on clear, practical advice and customer service excellence has established him as a respected leader in the field.
