| There are literally a few thousand life insurance | | | | use a website that has a database of information |
| companies in America that specialize in insurance for | | | | regarding the underwriting requirements and standards |
| people that either have disabilities, health problems or | | | | of multiple companies. You will find that this is the |
| our seniors. Most of these companies have policies | | | | easiest way to obtain the information that you need to |
| that are suitable for people that fall within all three of | | | | make a well-informed decision, without actually having |
| these categories. Obtaining life insurance if you are a | | | | to apply for life insurance. |
| person with disabilities is a matter of using one of | | | | One key point to remember is that life insurance |
| these companies. You will better be able to get a | | | | companies have access to what is called an MIB |
| policy that is both economical and that also provides a | | | | report. MIB is an abbreviation for Medical Information |
| first day full death benefit without a waiting period, if | | | | Bureau. This reporting agency exclusively provides |
| you are able to compare multiple companies and their | | | | information to insurers to help prevent them from |
| guidelines through an online comparison site. | | | | taking on a high-risk applicant. What this means for you |
| Although there are some standards that are set by | | | | is that information regarding any prescription |
| individual states, the majority of the underwriting | | | | medications that you have been prescribed over the |
| standards of life insurance companies are self | | | | last 2 to 5 years is accessible by the insurance |
| regulated. One insurer may choose to offer better | | | | company. In many cases, severe medical conditions |
| benefits for someone that has type II diabetes than | | | | are also reported to the MIB. So, make sure you |
| another. The same applies to a wide range of health | | | | answer all health questions honestly however, do not |
| conditions and disabilities. | | | | elaborate unless you are specifically asked about a |
| It is difficult however, to know which company will be | | | | particular health condition. Don't volunteer information |
| able to offer you the best benefits and the most | | | | unless you are questioned about it. |
| coverage for the least amount of money unless you | | | | |