Do drug users get life insurance?

Drug use in Canada depends on non-existent drugs, depending on what it means to be a "drug". Eleven percent of the Canadian population "cause problems with drugs or alcohol" according to a CBC survey, but this does not include people who use drugs as a recreational "no problem". This number, especially when it comes to alcohol and cannabis, is much, much higher, and only for illicit drugs such as crack cocaine and heroin with classically defined addiction, the number is much lower. ]

Generally speaking, insurance companies approach drug-related drug problems based on two main questions: a potential client using prescription drugs through drugs or using drugs outside these channels and is therefore statistically sensitive to certain obligations

For the former, these issues are often revealed by background checks and medical questionnaires conducted by insurance companies prior to the development or offering of policies. Of course, some medicines have an impact on the life expectancy of a person and their future quality of life, while others pose certain health risks, even if they are provided by a healthcare professional. In these cases, the insurer will take into account drug treatment issues and the effects of drugs on policy development, but policy is usually provided by most major health insurers.

For those who use illegal drugs, opportunities are usually more difficult. Generally, insurance companies tend to provide policies, many are still cautious about offering cheap cigarettes.

Fortunately, there are still some options for drug users, especially those who use illegal drugs. Keep in mind that many of the directives do not deal with complications due to illicit drug use and do not disclose this information when it comes to insurance fraud, which can be a serious offense involving severe fines and prison sentences.

general, illicit drug users have only one option in life insurance options: simplified life insurance that does not require health questionnaires. This is changing as more and more insurance providers offer products specially designed for "difficult to secure" markets. Simplified insurance plans often require simple medical questions that do not involve any questions about drug use.

Medical life insurance policies do not differ from carrier to carrier, so it's useful to research these plans before contacting them to compare potential prices and coverage. Before submitting a formal insurance application, you can also ask the insurance broker to conduct an informal preliminary examination. Informal Preliminary Investigations are non-binding and may give you an idea of ​​whether your application is a standard, rejected, or certified. Keep in mind that insurance providers may have a first day or two-year waiting period for your situation.

If you are using or using illicit drugs and you need life insurance, it is important to discuss your options with an insurance broker who keeps your best interests in mind. The right team behind you will find the right policy.

Source by Jack Tereshkov

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