If you have Crohn's disease getting cost effective life insurance may be more challenging because many insurers in reducing their premiums for people on "normal" health terms penalize those who have pre existing medical conditions.
When looking for life insurance, Crohn’s disease sufferers should bear two key bits of information in mind as to why they may be charged higher premiums then most:
- Crohn’s disease is considered by medical professionals to be a chronic long term condition that currently has no absolute cure. Insurance companies will generally classify those with long term health problems as being ‘high risk’ and will accordingly charge higher premiums.
- Despite the fact that the mortality rate for Crohn’s disease is low, it is associated with an increased risk of conditions such as bowl cancer and carcinoma. This will again mean that insurance companies are likely to charge higher life insurance premiums due to the increased chance of a claim.
Despite the long term nature of the disease and the increased likelihood of contracting other more serious conditions from Crohn’s disease, life insurance is not out of reach and there are many companies which will still offer good deals on life insurance policies - Use our Quote and information service by completing the quote enquiry form.