Insurance companies 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 presence of illegal drugs like THC or other prohibited chemicals. The underwriting team of the insurance company would then formulate the life insurance coverage on the basis of the readings obtained from the medical tests.
Based on the results, they’d first assess if anyone was eligible to receive insurance. If he or she’s been discovered to be suffering from some type of terminal illness, then the insurance company might in most probability deny life insurance to the individual. If the applicant is deemed to be healthy, then the rates of premiums will be set at less standard since the heal risks related to individual are less. In the same vein Smokers, those despite 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 threats to be very high. Yet all individuals should seriously consider applying for insurance due to the many obvious benefits that include it. To quite an extent, many THC users refrain from applying for a lifetime insurance over the fear of having 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 under the fear of being prosecuted, if these were to subject themselves to get a life insurance policy. This has prevented many of them from applying for a lifetime insurance, as a result of possibility of being caught for the presence of THC within their system while taking a drug test. This is definately not the facts because the insurance company is obligated to maintain client confidentiality through the Health Insurance Portability and Accountability (HIPPA) act. This act ensures that your privacy and trust isn’t violated in virtually any manner. Delta 8 Cartridges All individuals regardless of their drug habits should seriously consider applying for a lifetime insurance. There are many benefits to being eligible for a policy.
What does the presence of THC mean for your daily life insurance prospects?
Regarding applicants who’re users of marijuana, there are several options that they may consider while going in for insurance. Earlier it was previously hard for marijuana users to even become eligible for a lifetime policies. Nowadays you will find many insurance companies that provide life insurance products even if you have now been tested positive for THC. Though it is inevitable that these applicants might have to qualify for smoker’s rates while applying for a lifetime insurance.
Your premium rates for your policy also depend on the amount and extent of narcotic use. If you’re a regular user, then it might be difficult to truly find a comprehensive package, which is both affordable and offers decent amount of coverage. You might wind up paying 50 to 400 per cent 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 quit the habit before applying for insurance. THC usually stays in the body for a period of 4 to 8 weeks based on the human body metabolism and other related factors. It will be a good idea to at least await a period of 3 full months before applying for a lifetime insurance. In this manner your chances of becoming eligible for a comprehensive life insurance coverage, gets greatly enhanced whenever your tests for the presence of THC come out negative.