Insurance companies that sell life insurance policies conduct medical exams to check on for the applicants overall state of health. These tests include urine and blood tests to detect the presence of illegal drugs like THC or other prohibited chemicals. The underwriting team of the insurance company would then formulate living insurance policy on the basis of the readings obtained from the medical tests.
Based on the results, they’d first assess if the person was eligible for insurance. If he or she’s been discovered to be experiencing some kind of terminal illness, then a insurance company might in every probability deny life insurance to the individual. If the applicant is deemed to be healthy, then a rates of premiums will be set at a lowered standard since the heal risks related to individual are less. In exactly the same vein Smokers, those despite having healthy bodies always find yourself paying considerably much higher premium rates than other healthy non-smokers.
With marijuana users, the fears become a lot more pronounced as lots of insurance think about the health threats to be very high. Yet all individuals should seriously consider applying for insurance because of the many obvious benefits that include it. Delta 8 Cartridge 1000mg To quite an extent, many THC users keep from applying forever insurance over the fear of having prosecuted.
Do you fear being prosecuted, if tested positive for THC?
Plenty of individuals who use illegal drugs like marijuana; cocaine, opiates, lsd etc often live beneath the fear of being prosecuted, if they certainly were to subject themselves to get a life insurance policy. This has prevented many of them from applying forever insurance, as a result of possibility of being caught for the presence of THC in their system while having a drug test. This is not even close to the reality as the insurance company is obligated to keep up client confidentiality through the Health Insurance Portability and Accountability (HIPPA) act. This act ensures that the privacy and trust isn’t violated in any manner. All individuals regardless of their drug habits should seriously consider applying forever insurance. There are numerous benefits to being entitled to a policy.
What does the presence of THC mean for your lifetime insurance prospects?
Regarding applicants that are users of marijuana, there are a few options they can consider while moving in for insurance. Earlier it was previously burdensome for marijuana users to even become eligible forever policies. Nowadays you will find many insurance companies that offer life insurance products even though you have now been tested positive for THC. Though it is inevitable these applicants may need to qualify for smoker’s rates while applying forever insurance.
Your premium rates for the policy also depend on their education and extent of narcotic use. If you should be a regular user, then it could be difficult to actually find a comprehensive package, which is both affordable and offers decent amount of coverage. You could find yourself paying 50 to 400 per cent a lot more than what healthy non-smokers pay on the policies. This may not be a feasible investment for many people. Even those applicants, who have been prescribed marijuana for medical use, will have to contend with paying higher rates if they become entitled to the policy.
For recreational users, it would generally be advisable to give up the habit before applying for insurance. THC usually stays in your system for a period of 4 to 8 weeks depending on your body metabolism and other related factors. It will be wise to at the least wait for a period of 3 full months before applying forever insurance. In this way your likelihood of becoming entitled to a comprehensive life insurance policy, gets greatly enhanced when your tests for the presence of THC come out negative.