Insurance firms that sell life insurance policies conduct medical exams to test 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 coverage based on the readings obtained from the medical tests.
On the basis of the results, they would first assess if the individual was eligible to get insurance. If he or she’s been discovered to be experiencing some kind of terminal illness, then the insurance company might in every probability deny life insurance to the individual. If the applicant is deemed to be healthy, then the rates of premiums could be set at a lower standard since the heal risks connected with individual are less. In the exact same vein Smokers, those even with healthy bodies always end up paying considerably much higher premium rates than other healthy non-smokers.
With marijuana users, the fears become much more pronounced as a lot of insurance look at the health problems to be very high. Yet all individuals should seriously consider applying for insurance due to the many obvious benefits that come with it. To quite an extent, many THC users keep from applying for a lifetime insurance over worries 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 underneath the fear of being prosecuted, Delta 8 Cartridges if these were to subject themselves to buy a life insurance policy. This has prevented most of them from applying for a lifetime insurance, as a result of possibility of being caught for the presence of THC inside their system while going for a drug test. This really is definately not the facts because 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 virtually any manner. All individuals regardless of these drug habits should seriously consider applying for a lifetime insurance. There are numerous benefits to being eligible for a policy.
What does the presence of THC mean for your lifetime insurance prospects?
Pertaining to applicants who’re users of marijuana, there are several options they can consider while planning for insurance. Earlier it was once hard for marijuana users to even become eligible for a lifetime policies. Nowadays you can find many insurance companies that offer life insurance products even if you have already been tested positive for THC. Though it is inevitable why these applicants may need to qualify for smoker’s rates while applying for a lifetime insurance.
Your premium rates for your policy also rely on their education and extent of narcotic use. If you are a regular user, then it could be difficult to truly find a thorough package, which will be both affordable and offers decent level of coverage. You could end up paying 50 to 400 per cent significantly more than what healthy non-smokers pay on their policies. This might not be a feasible investment for many people. Even those applicants, who’ve been prescribed marijuana for medical use, would have to contend with paying higher rates when they become eligible for the policy.
For recreational users, it would generally be advisable to quit the habit before applying for insurance. THC usually stays in the body for an amount of 4 to 8 weeks depending on the human body metabolism and other related factors. It could be wise to at the least watch for an amount of 3 full months before applying for a lifetime insurance. In this manner your likelihood of becoming eligible for a thorough life insurance coverage, gets greatly enhanced when your tests for the presence of THC turn out negative.