Can people who have sleep apnea and use a CPAP get affordable life insurance? You bet. I’ve successfully written several cases, and have gotten as good as preferred rates for these folks.
Sleep Apnea Can Be Serious
Sleep apnea is a condition life insurance underwriters take very seriously, as it can cause much bigger problems than snoring. If left untreated and if the apnea is severe, one serious side effect is that patients are prone to accidents, due to the lack of a good nights sleep. They experience fatigue and fall asleep at the wheel. The apnea is a period of time during sleep when the person actually stops breathing. Sometimes, the lack of oxygen has been blamed for high blood pressure or a contributing factor in strokes.
Several factors will determine how highly you will get rated. First of all, are you wearing your CPAP regularly? Secondly, all life insurance carriers will want to see the results of a sleep study wearing your CPAP. If it was normal and you wear your device every night, that’s a good start. Do you experience any symptoms, such as fatigue, daytime sleepiness, or falling asleep at work. Lastly, are you overweight? If you treat the apnea, but are still overweight, you will not qualify for the higher ratings.
Not all insurance carriers are as lenient as others about sleep apnea, so make sure to talk to a knowledgeable, independent life insurance agent like me about your case, to be sure you get the lowest price available to you.*Written by Chris Huntley. Huntley Wealth Insurance and its representatives do not give legal or tax advice. Please consult your own legal or tax adviser.