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 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 plan on the basis of the readings obtained from the medical tests.
On the basis of the results, they would first assess if anyone was eligible to receive insurance. If he or she’s been discovered to be experiencing some form of terminal illness, then a insurance company might in all probability deny life insurance to the individual. If the applicant is deemed to be healthy, then a rates of premiums would be set at a diminished standard because the heal risks associated with individual are less. In the exact same vein Smokers, those despite having healthy bodies always find yourself paying considerably greater premium rates than other healthy non-smokers.
With marijuana users, the fears become much more pronounced as lots of insurance think about the health threats to be very high. 1000mg THC Cartridge 1ml Yet all individuals should seriously consider applying for insurance because of the many obvious benefits that include it. To quite a level, many THC users keep from applying for life insurance over worries of getting prosecuted.
Would you fear being prosecuted, if tested positive for THC?
A lot of those 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. It’s prevented many of them from applying for life insurance, due to the possibility to be caught for the clear presence of THC in their system while taking a drug test. This is definately not the truth while 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 is not violated in just about any manner. All individuals regardless of the drug habits should seriously consider applying for life insurance. There are numerous benefits to being eligible for a policy.
What does the clear presence of THC mean for your life insurance prospects?
Regarding applicants that are users of marijuana, there are several options they can consider while moving in for insurance. Earlier it used to be burdensome for marijuana users to even become eligible for life policies. Nowadays there are quite a few insurance companies offering life insurance products even if you have now been tested positive for THC. Although it is inevitable these applicants may need to qualify for smoker’s rates while applying for life insurance.
Your premium rates for the policy also be determined by the degree and extent of narcotic use. If you should be a typical user, then it may be difficult to truly find a comprehensive package, which will be both affordable and offers decent quantity of coverage. You may find yourself paying 50 to 400 per cent a lot more than what healthy non-smokers pay on their policies. This might not be a feasible investment for several people. Even those applicants, who’ve been prescribed marijuana for medical use, would need to contend with paying higher rates should they become eligible for the policy.
For recreational users, it would generally be advisable to stop the habit before applying for insurance. THC usually stays in one’s body for an amount of 4 to 8 weeks depending on your body metabolism and other related factors. It would be wise to at the very least await an amount of 3 full months before applying for life insurance. In this way your chances of becoming eligible for a comprehensive life insurance plan, gets greatly enhanced whenever your tests for the clear presence of THC come out negative.