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If you’ve spent any time researching Crohn’s Disease, you know there’s a lot of mystery when it comes to understanding how someone gets the disease. What’s not a mystery is, how we can help you find affordable burial insurance!
Over the years, we have successfully helped many Crohn’s patients obtain the security for their family and loved ones by helping them find an insurance policy that fits their needs/ goals…
In this article, we will break down how insurance companies underwrite this condition, what your options will be and how to find the best policy.
The Truth About Getting Burial Insurance with Crohn’s Disease
As uncomfortable as Crohn’s Disease can make your day to day life, it actually won’t have much of an impact when it comes to qualifying for a final expense life insurance plan. Other than some rare exceptions, you should be immediately eligible for the same coverage as anyone that else that’s considered perfectly healthy.
Bottom line is that the insurance company is going to look at Crohn’s Disease the same way as if they would look at you if you didn’t have it at all. So even though Crohn’s Disease can often times be uncomfortable and painful, it won’t hamper your ability to acquire truly affordable burial insurance. In the eyes of the insurance companies, they view it as a total non-risk factor.
Also, at no point will you be subject to a medical exam, you don’t need to provide your doctor records, or do anything remotely inconvenient. All you will ever have to do is fill out the health questionnaire on the application. Most of the time, we’ll even have your approval confirmed within minutes of submitting the application!
How Insurance Companies Underwrite Crohn’s Disease
Underwriting is just a fancy term for the insurance company to determine the risk level of offering you coverage. The process of underwriting can be questions, pulling prescriptions history, etc. This is all done to determine how much risk they’re taking on. In general, each company has their own process for underwriting but there are also certain conditions that across the board, the insurance companies care about. We’ll go through the different components so you know how to each one will apply to your given your Crohn’s Disease.
The Health Questions
The great news for you is that, Crohn’s Disease is not a health condition you will see asked about on 98% of burial insurance applications. As an insider tip, if the insurance company doesn’t ask about it, it means they don’t care about it! Even if they don’t ask and you proceed to tell them about it anyway, they’ll just tell you it doesn’t matter.
When insurance companies ask about health issues, they’re asking about health history items that tend to effect an individual’s life span. If life span is negatively effected, it raises the risk of offering you coverage and usually that means higher prices. Crohn’s Disease has almost no effect on longevity as of this article (2020).
The second most significant source of information the insurance company will care about is your prescription history. Basically, they will look through all the medications that you have filled. Obviously, medication is prescribed for a reason and every life insurance company knows very well what illnesses certain prescriptions are meant to treat.
Some of these medications can be immediate red flags to the point that if you lied on your application, the insurance company will easily spot it.
Example: you can’t say on your application that you’ve never had COPD but that you’ve been prescribed Prednisone and Fluticasone…The insurance company would know, you have COPD.
When it comes to Crohn’s Disease, there are several medications that you could have been prescribed as treatment. Most of them won’t cause any issues, but there are a few that could be a red flag so, let’s go through each one, so you know what to expect.
Imuran & Methotrexate
The primary reason someone is given these drugs is to prevent an organ or tissue transplant rejection. It can also be used to treat Systemic Lupus. Finally, it can also be prescribed for various autoimmune diseases such as rheumatoid arthritis or Crohn’s Disease.
Most carriers won’t assume you have had a transplant or that you have Lupus just because you are on this drug. They will very likely know that it was prescribed to treat some kind non-threatening autoimmune disorder.
The reality is Mercaptopurine is overwhelmingly used to treat cancer. It’s for that reason that this drug will usually be hard coded by the insurers to view a Mercaptopurine user as a person with cancer (see pic below from an underwriting guide).
Now as you can imagine, a life insurance company assuming you have cancer has huge implications. That’s kind of an understatement really.
While it’s not common for patients with Crohn’s Disease to get this drug, it can happen. In most cases, this drug is very temporary due it’s potentially serious side effects.
This drug is typically used to prevent the rejection of an organ transplant. For this reason, if you have ever filled a prescription for this drug, most burial insurance companies will assume you’ve had an organ transplant.
What does this mean if I take these?
Basically, we would need to get a letter from your doctor that states that the medication was prescribed to treat your Crohn’s disease and not cancer or an organ transplant, etc…
In most cases, a letter will override their assumption that the drug was used to treat the more serious condition. Sometimes it might also take the insurance company calling the Dr’s Office. We will most likely be able to get this letter for you without you needing to take any additional steps.
Once we have the letter, we move forward with the application and submit it to the insurer. The insurance company will see the information and then offer you a lower price than they would’ve if they assumed you had a serious health issue.
All Other Crohn’s Disease Medications.
Anything else you may be prescribed for Crohn’s Disease shouldn’t be a problem. At the time of this article, these are the ONLY medications that insurance companies take issue with and need to be clarified for an applicant with Crohn’s Disease.
Other Potential Crohn’s Disease Related Risk Factors to Consider
While the Crohn’s Disease itself is no issue to the burial insurance company, there could potentially be some related items that create a hurdle in the process.
Every application is going to ask if you have any upcoming or recommended surgeries that need to take place. If that’s the case, they’ll want you to wait until after that surgery is complete before moving forward with the application.
Since individuals with Crohn’s Disease tend to be at higher risk for needing surgeries, this could be something that impacts you.
One side effect of Crohn’s Disease is weight loss. Most of us welcome a little weight loss but there are some insurance companies that will want to know if you’ve lost a significant amount in the last year that was “unexplained.”
It most likely won’t apply to you but it’s just something to be aware of.
Unfortunately, those who have been diagnosed with Crohn’s Disease are at higher risk of developing colon cancer. If you developed colon cancer (or any form of cancer), we would need to re strategize on your options. It would also be a good idea to read our articles about burial insurance with cancer.
How To Find The Best Burial Insurance With Crohn’s Disease
The cold hard truth is that you need to lean on an experienced professional agency to help you with this. Everyone wants the best deal, and by best deal, we mean getting the most coverage from day one for the lowest price.
Simplegacy works with 20+ insurance carriers. Not only will we find a company to work with you, we will find multiple. When we do, we can compare rates and impartially recommend whichever carrier will give you the best value. We are not tied to any single company, which gives us the ability to unbiasedly tell you what your best solution is. Since we only work in the Burial/Funeral/Final Expense Insurance category, you will never have to worry about being “cross-sold” or pushed into a solution that doesn’t make sense in the long run for you.
We are here to help you in any way we can. We will use every resource available to us in order to help you find the best policy that will work for you and your family. Our goal is to approach every scenario the way we would if it was our own family that we were planning for.
Call us at 888-519-9119 or fill out the quick quote form for an instant quote.