Have You Been Diagnosed With Sleep Apnea?
Get Out From Behind The Eight Ball.
We recently helped a 60-year-old male client receive a Standard Rate on a $1,000,000 ten year term life insurance policy. If you have sleep apnea, applying for a life insurance policy online without the assistance of an agent will most likely result in a sub-standard rate or a decline. Having a knowledgeable and experienced life insurance broker or agent who represents multiple carriers can make a significant difference with hard to place life policy. If you will be applying for life insurance in excess of $1,000,000, $5,000,000 or more regardless of its type, term insurance UL or whole life insurance, it is absolutely critical that you contact a broker to obtain the value for your investment.
Sleep Apnea is defined on webmd.com as “a serious sleep disorder that occurs when a person’s breathing is interrupted during sleep. People with untreated sleep apnea stop breathing repeatedly during their sleep, sometimes hundreds of times. This means the brain — and the rest of the body — may not get enough oxygen.
There are two types of sleep apnea:
- Obstructive sleep apnea (OSA): The more common of the two forms of apnea, it is caused by a blockage of the airway, usually when the soft tissue in the back of the throat collapses during sleep.
- Central sleep apnea: Unlike OSA, the airway is not blocked but the brain fails to signal the muscles to breathe due to instability in the respiratory control center.”
The diagnosis of Sleep Apnea has a negative effect on the person applying for life insurance because of the many potential health problems. These include diabetes, heart failure, heart attack, irregular heartbeat, and stroke as well as many others.
The person with sleep apnea may apply for term, universal or whole life insurance and the results will be the same. The insurance company will likely charge a higher premium even if the applicant is young and otherwise healthy in anticipation of these health problems occurring later in life.
With sleep apnea, it is important to maintain your overall health in terms of keeping your weight, cholesterol, blood pressure and blood sugar low. If you have had a sleep study make sure to have the results available for your agent. Many times people who are diagnosed with sleep apnea are prescribed a Continuous Positive Airway Pressure (CPAP) machine. If you have been prescribed a CPAP make sure to use it as instructed by your doctor.
First, we get to know you, your medical history and needs.
When an insurance agent understands your situation and history, then the most appropriate life insurance companies can be suggested for medical conditions. Peter has been solving tough cases since 2005.
Also, a strong agent can really in building a case for a lower premium rate by speaking with or writing to the life insurance underwriter, this may help in obtaining a more favorable health rating and lowering the cost substantially.
When applying online the underwriter only sees numbers on a screen which may look the same as the next application who also has sleep apnea but may be out of shape. As your agent, we have the ability to add things like “the applicant lives in Orange County California, plays tennis 5 days a week and has been prescribed a CPAP that our client regularly uses. Knowing they’ll feel more rested in the morning and ends drowsy afternoons. In fact, our client has significantly reduced drinking coffee.
If you have Sleep Apnea or another medical condition that may make finding life insurance difficult. Call Peter: – 714-258-2800. You’ll be pleased with the results.