Insurance firms 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 clear presence of illegal drugs like THC and other prohibited chemicals. The underwriting team of the insurance company would then formulate the life span insurance policy on the basis of the readings obtained from the medical tests.
Based on the results, they’d first assess if the individual was eligible to get insurance. If he or she has been discovered to be experiencing some form of terminal illness, then a insurance company might in most 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 diminished standard because the heal risks connected with individual are less. In the same vein Smokers, those despite having healthy bodies always end up paying considerably much higher premium rates than other healthy non-smokers.
With marijuana users, the fears become a lot more pronounced as plenty of insurance consider the health problems to be very high. Yet all individuals should seriously consider applying for insurance because of the many obvious benefits that include it. To quite an extent, many THC users keep from applying for life insurance over the fear of having prosecuted.
Do you fear being prosecuted, if tested positive for THC?
Plenty of those 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 buy a life insurance policy. Delta 8 Disposable 1000mg THC Cartridge 1ml It has prevented many from applying for life insurance, as a result of possibility of being caught for the clear presence of THC in their system while going for a drug test. This really is far from the reality while 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 just about any manner. All individuals regardless of the drug habits should seriously consider applying for life insurance. There are several benefits to being qualified to receive a policy.
What does the clear presence of THC mean for your life insurance prospects?
Pertaining to applicants who’re users of marijuana, there are some options they can consider while going in for insurance. Earlier it used to be hard for marijuana users to even become eligible for life policies. Nowadays you will find quite a few insurance companies that provide life insurance products even if you have been tested positive for THC. Although it is inevitable why these applicants may need to qualify for smoker’s rates while applying for life insurance.
Your premium rates for your policy also be determined by the amount and extent of narcotic use. If you should be a regular user, then it could be difficult to actually find a thorough package, that will be both affordable and offers decent quantity 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 have been prescribed marijuana for medical use, would have to contend with paying higher rates if they become qualified to receive the policy.
For recreational users, it would generally be advisable to give up the habit before applying for insurance. THC usually stays in one’s body for an amount of 4 to 8 weeks based on your body metabolism and other related factors. It will be wise to at least watch for an amount of 3 full months before applying for life insurance. This way your likelihood of becoming qualified to receive a thorough life insurance policy, gets greatly enhanced when your tests for the clear presence of THC come out negative.