We all know that incapacity insurance coverage is supposed to offer protection for those who get sick or injured and may’t work. However what for those who’re already sick or injured while you apply for incapacity insurance coverage protection? Can you continue to apply? And can it pay out when you might want to file a incapacity declare?

A pre-existing situation refers to any medical situation you had been already recognized with previous to making use of for insurance coverage protection. Some frequent pre-existing circumstances embrace diabetes, most cancers, melancholy, bronchial asthma, HIV and epilepsy.

Listed below are 4 vital details about getting incapacity insurance coverage with a pre-existing situation.

1) You should still be capable to get protection.

Sure, many long-term incapacity insurance coverage insurance policies have exclusions for pre-existing circumstances. The excellent news is that you simply nonetheless can, in lots of circumstances, qualify for incapacity insurance coverage even with a pre-existing situation. You must also be capable to acquire insurance coverage advantages while you file a declare so long as your incapacity insurance coverage declare is by no means associated to your pre-existing situation.

Some insurers could even approve protection for somebody with most cancers, for instance, if it has been in remission for a couple of years. These with different circumstances like diabetes, sleep apnea, lupus and ulcerative colitis can sometimes be authorized for a coverage so long as their situation is presently in therapy, however could pay a considerably increased premium.

2) Some persistent or critical circumstances could disqualify you.

Remember that circumstances of a critical and persistent nature could disqualify you from securing incapacity advantages. When you’ve got incapacity insurance coverage and file a declare for an harm or sickness associated to your pre-existing situation, it’ll doubtless be denied

For instance, in case you have epilepsy when making use of for protection, and some months later your seizures change into extra extreme and stop you from working, your incapacity insurance coverage coverage will doubtless not approve a declare for misplaced earnings, because you already had the situation earlier than getting protection.

3) Chances are you’ll want to offer additional proof.

In case your incapacity insurance coverage declare will get denied, the insurance coverage firm could open an investigation. Medical information from earlier than your protection started will help present whether or not your declare is said to a pre-existing situation or not. For instance, in case you have a pre-existing harm associated to your again, and also you injure your again in a brand new or totally different method, you possibly can show this by medical information. Each time an insurance coverage firm denies a declare, they’re required to offer a transparent cause why, so ask for clarification if you’re confused a couple of denial.

• One factor that may assist with interesting a declare denial is to get a physician’s word that explains the precise reason behind your incapacity. This will help the insurance coverage firm decide whether or not or not it pertains to your pre-existing situation.

All the time disclose your pre-existing situation when making use of for protection. In the event you don’t and your insurance coverage service learns about your situation down the road, they may doubtless deny your declare. Disclosure is a required a part of most insurance coverage contracts, so be sincere about your state of affairs. 

4) Look into employer-sponsored incapacity insurance coverage.

Enrolling in a bunch plan offered by your employer could be a good technique to get protection. It’s usually cheaper than buying a person coverage as a result of it’s included in your general advantages bundle, and the protection is computerized. Which means there is no such thing as a underwriting or medical examination, so you possibly can nonetheless qualify with a pre-existing situation.

Whereas there are lots of professionals to employer-sponsored protection, remember the fact that:

• There are fewer protection choices and extra limitations than particular person insurance policies.
• They nonetheless don’t cowl all sorts of circumstances.
• You lose your protection for those who depart or are terminated out of your job. 

You’ll be able to study extra about incapacity insurance coverage protection by contacting an insurance coverage agent. A great way to discover a favorable coverage in your state of affairs is to work with an unbiased incapacity insurance coverage agent who can work with many carriers to search out one that can extra doubtless approve your situation.