Sleep Apnea as a Disorder
An estimated 2 million Americans, most of whom are males, are currently suffering from sleep apnea, a sleeping disorder. You might be surprised to know that 80% of the sleep apnea sufferers are not diagnosed.
Sleep apnea can be an affective factor in your life insurance. And, as to how the affecting thing will works depends on several things.
Characteristics and Risks of Sleep Apnea
A few characteristics like snoring, snorting and gasping are generally related to sleep apnea. But, the condition does not always necessarily limit itself to these symptoms.
Life insurance companies have every reason to hate the outcomes of those symptoms that medically associates itself to fatal consequences. For example, when you have Obstructive Sleep Apnea (OSA) which is the worst type of the disorder, you pose greater risks of morality. Mortality, you know, runs their business. The more possibilities of mortality you show, the more you are likely to be on the bad book of the insurers.
Here are the common symptoms that related to sleep apnea:
1) Elevated blood pressure
2) Type 2 diabetes
3) Weigh gain
4) Asthmatic condition
5) Acid reflux
6) Chances of accidents
7) Heart disease
How Sleep Apnea Affects Life Insurance
Some of the above effects of sleep apnea can be life-threatening. As a result, life insurance companies can be very cautious while dealing with an applicant that has this disorder. They deal with your application, depending on the severity of the disorder which can be mild, moderate and chronic.
A chronic sleep apnea can be a reason for the application to receive decline. The chances of disapproval go up when you show the associated risk factors along with the disorder. For example, if you have a weak heart or compensatory sleep habit by day time, you are likely to get denial.
But mild or moderate sleep apnea might not block you from getting life-insured. While this might sound like good news, you should also bear in mind that you should not bear any other health hazards.
What to Do If You Have Sleep Apnea
No matter what the severity of your sleep apnea is, you are likely to get affected one way or other when you have it.
Even if you have mild or moderate apnea, the mercury of your life insurance premiums will typically go higher. This is why you need to make an educated decision.
The Choices of Life Insurance When You Have Sleep Apnea
When you have conditions that are related to sleep apnea, a no-medical exam life insurance policy can be the best chute for you. No medical exam life insurance policies come in 2 shades: without asking you any health-related questions and through your answering several or a series of health-related questions. You can get them easily from online market-place.
The first one is least likely to be the right choice for you unless you are 40+ and have a mind to buying a final expense insurance.
The second one is the best option for you when you have diabetes. If you don’t have diabetes, you can get yourself insured easily.
The third and probably best option for you is to get yourself cured before applying for life insurance. Besides having a sound health, you will also financially benefit on your life insurance when you are free of the disorder.
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