Insurance companies that sell life insurance policies conduct medical exams to check for the applicants overall state of health. These tests include urine and blood tests to detect the current 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.
On the basis of the results, they’d first assess if the person was eligible for insurance. If he or she’s been discovered to be struggling with 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 lower standard because the heal risks connected with individual are less. In exactly the same vein Smokers, those despite having healthy bodies always wind up paying considerably much higher premium rates than other healthy non-smokers.
With marijuana users, the fears become much more pronounced as lots of insurance look at the health risks to be very high. Yet all individuals should seriously consider applying for insurance because of the many obvious benefits that are included with it. To quite a degree, many THC users refrain from applying for a lifetime insurance over driving a car to getting prosecuted.
Would you fear being prosecuted, if tested positive for THC?
Lots of individuals who use illegal drugs like marijuana; cocaine, opiates, lsd etc often live underneath the fear to be prosecuted, if they were to subject themselves to buy a life insurance policy. This has prevented many from applying for a lifetime insurance, as a result of possibility to be caught for the current presence of THC inside their system while going for a drug test. Delta 8 Cartridge That is not even close to the reality whilst the insurance company is obligated to steadfastly keep up client confidentiality through the Health Insurance Portability and Accountability (HIPPA) act. This act ensures that your privacy and trust isn’t violated in any manner. All individuals regardless of their drug habits should seriously consider applying for a lifetime insurance. There are several benefits to being entitled to a policy.
What does the current presence of THC mean for your lifetime insurance prospects?
With regard to applicants that are users of marijuana, there are some options they can consider while going in for insurance. Earlier it was previously difficult for marijuana users to even become eligible for a lifetime policies. Nowadays you can find quite a few insurance companies that provide life insurance products even though you have been tested positive for THC. Although it is inevitable these applicants might have to qualify for smoker’s rates while applying for a lifetime insurance.
Your premium rates for your policy also rely on the degree and extent of narcotic use. If you’re a typical user, then it might be difficult to actually find a comprehensive package, that will be both affordable and offers decent amount of coverage. You may wind up 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 should they become entitled to the policy.
For recreational users, it’d generally be advisable to stop the habit before applying for insurance. THC usually stays in the body for a period of 4 to 8 weeks according to the body metabolism and other related factors. It will be smart to at least watch for a period of 3 full months before applying for a lifetime insurance. In this manner your likelihood of becoming entitled to a comprehensive life insurance policy, gets greatly enhanced whenever your tests for the current presence of THC prove negative.