If you need life insurance and have asthma, you need to make sure you apply to the best life insurance companies for asthma or you may be unpleasantly surprised by the rates you're offered.

Many life insurance companies will put all asthmatics that take medication for asthma in their Regular or Standard rate category, at best...

This is ridiculous and you need to make sure you avoid these companies.

If you have more severe asthma, with regular hospitalizations and ER visits, or if you have asthma and you smoke, then you could be "rated for life insurance" and charged an additional premium.

You need to shop around, or let us shop for you

Not everyone with Asthma should be lumped together, like some insurance companies seem to do.

There are a handful of insurance companies that will offer their best Preferred Plus or Preferred rates to well controlled asthmatics that have had no recent hospitalizations or ER visits due to asthma and the asthma is well controlled with one medication.

If you are rated, there are several carriers that offer significantly better table ratings than other companies!

Does asthma affect life insurance rates?

Yes, it will with most life insurance carriers.

Getting life insurance with asthma at a great rate can be easy, if you deal with the right agent or broker, and if they have a system to shop your case to many companies by getting real offers! 

Some important things that we'll need to know to determine which life insurance companies and rates may be best for you are:

  1. 1
    When were you diagnosed with Asthma?
  2. 2
    What medications do you take and how often (daily or as needed)?
  3. 3
    Is your asthma seasonal or allergy related?
  4. 4
    Have you ever been hospitalized or to the emergency room for an asthma attack?  If yes, when and how many times?
  5. 5
    Do you smoke cigarettes or use other inhaled tobacco (cigars, pipe, etc.)?
  6. 6
    Do you have any other health issues?

If your health is good otherwise and your asthma is well controlled then you may be able to qualify for Preferred Plus or Preferred rates with some of the better insurance companies for asthma.

Even if your asthma is more severe and you've had hospitalizations and ER visits for the asthma, there are still better insurance companies for you.

Which life insurance companies are better for people with asthma

If you have occasional, seasonal asthma or if it shows up only when you have a cold and you use occasional inhaler or other medication, there are more carriers that may offer you Preferred Plus or Preferred rate. 

If you do use daily medication, especially steroid inhalers, and/or if you have regular asthma symptoms, this is when most carriers will offer Standard rates at best...

Carriers that may offer Preferred Plus, Preferred or better than Standard rates are as follows:

  • Banner Life
  • Illinois Mutual
  • John Hancock
  • Lincoln Financial
  • Prudential
  • Security Mutual

There are a lot of underwriting variables that all carriers take into consideration when underwriting asthmatics, like driving record, family history, height/weight, etc...

So every case really needs to be shopped thoroughly to ALL the carriers above and many more to ensure you really get the best offer! 

If you have been charged more for life insurance because of your asthma, we will find you a better rate.

For more information, call or text us 800-380-3533, click here to email us or simply click on the link above to get an accurate asthma life insurance quote and we’ll send you information and the rates that will be best for you.

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