Alcohol Treatment History Life Insurance - What you should know in order to get the best rate.
At LifeInsuranceAdvisors.com, your information is always treated with the utmost privacy. If you have a history of treatment for alcohol abuse, we may be able to help you obtain life insurance. There are some critical factors involved that will determine your ability to obtain coverage. We are here to help.
Alcoholism & Underwriting
Alcoholism is a chronic disease that presents difficulty in underwriting. We have a few companies available that understand alcoholism and how to underwrite you for life insurance.
The ability to obtain coverage is based on the history, treatment, post treatment, support network, medical records, driving records, current lab results.
From an underwriting standpoint, underwriting alcohol abuse history is invasive. What I mean by this is that companies want to know your entire history, social, work, driving,medical, etc..
We will ask you a lot of questions. We do this so we can fight for you to get the best possible rates available. We need to be able to understand your history, promote the positives and fight for you. Again, your information is private and held in confidence.
What Life Insurance Companies Look for when Underwriting Alcohol History
History - What happened in the past? Are there extenuating circumstances that contributed to your alcohol problem?
Treatment - Have you been to a treatment facility? Are you a member of AA?
The Occasional Drink - When a company sees an alcohol related event such as AA or rehab, and sees that the person has an occasional drink now, it is very difficult to obtain coverage for you...Even if years have passed since treatment.
Family - What type of social support do you have from family members? Are you married, kids, etc..? Who depends on you?The better the social network of support, the better your chances for coverage.
Driving Records - Do you have any DUI's or DWI's? We will need to know details, accidents, injuries to others, etc..
Employment - Has alcohol affected you employment? Are you currently employed? What type of responsibilities do you have at work? What life insurance companies are looking for is responsible behavior here. Life insurance companies don't contact your employer.
Medical Records - What do your medical records say about you? Have you developed medical problems as a result of alcohol? If you have developed Cirrhosis of the liver as a result of alcohol use, most companies will decline you. There are guaranteed issue policies available that we can inform you about.
Where Are You Now?
Term life insurance companies want to know what your circumstances of today are.
Do you attend Alcoholics Anonymous meetings?
Are you steadily employed?
What is your family life like?
Have you had any relapses?
Any medical problems as a result of alcohol?
IMPORTANT: If you have been to rehab, or part of AA or other groups, and you now have an occasional drink, it will be difficult if not impossible to get coverage for you. Even when drinking can be tied to a specific circumstance that was temporary, it is hard to get companies to consider you for coverage.
How Do We Get You the Best Rate?
We maintain a database of competitive life insurance rates and underwriting guidelines. Call us for a free no pressure, no obligation comparison.
Call us today at Toll Free (800) 909-2040 to get a free, no pressure, no obligation comparison.
