Can I Get Life Insurance with Sleep Apnea

Preferred Plus Rates

If you have been diagnosed with mild sleep apnea and do not have any real complications, you may be eligible for Preferred Plus rates (the lowest ones). Actual insurance rates will vary from person to person, but for a better idea of what they’re like, let’s take a look at an example based on real-life situations.

Preferred Rates

If you have been diagnosed with mild to moderate sleep apnea, but are following your doctor’s recommendations and are actively treating your complications (say, by using a CPAP machine every night and exercising) you may qualify for Preferred rates.

  • For instance, if Bill does have sleep apnea complications but is treating them, he is likely to be offered a rate of $39 a month for a $500,000, 20-year policy.

Standard Rates

If you have been diagnosed with severe sleep apnea but are treating it and following your doctor’s recommendations, you may be eligible for Standard rates.

  • If, for example, Bill has severe sleep apnea but is treating it and doing everything his doctor says, he will likely be offered a rate of $64 a month for a $500,000, 20-year life insurance policy.

Substandard/Table Ratings

Table ratings are basically additional charges that are added on to regular rates. The higher the table rating, the higher the cost. For example, if you have been diagnosed with moderate sleep apnea but are letting your complications go untreated, you may be slapped with a Table 2-4 health rating.

  • Now to our example: If Bill has been diagnosed with moderate sleep apnea but has not been doing anything about it, he may be offered a Substandard “Table 2” rating of $77 a month for a $500,000, 20-year term life insurance policy.

Life Insurance Denial

Yes, people with sleep apnea can still get denied life insurance coverage. However, this largely occurs when the disorder has been diagnosed as severe and is being left untreated.

So, the lesson here is that if you do have sleep apnea, you are still very much eligible for life insurance coverage. However, it is very important that you treat it as recommended. Remember— the better you take care of yourself, the better life insurance companies will take care of you.

Can I get life insurance with sleep apnea?

If you have sleep apnea get started with an instant quote. Our licensed agents are experts in finding the right companies that will approve you. Not all companies are the same and the top carrier with the best rate will be based on your specific health details. Remember, it’s all about which company you apply with when it comes to preexisting health conditions.

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