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 current 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 based on 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 has been discovered to be suffering from some type of terminal illness, then your insurance company might in most probability deny life insurance to the individual. If the applicant is deemed to be healthy, then your rates of premiums will be set at a lesser standard since the heal risks associated with individual are less. In the same vein Smokers, those even with healthy bodies always end up paying considerably higher premium rates than other healthy non-smokers.
With marijuana users, the fears become much more pronounced as plenty of insurance think about the health risks to be very high. Yet all individuals should seriously consider applying for insurance due to the many obvious benefits that are included with it. Delta 8 Cartridge To quite a level, many THC users avoid applying for a lifetime insurance over worries of getting prosecuted.
Can you fear being prosecuted, if tested positive for THC?
Plenty of those who use illegal drugs like marijuana; cocaine, opiates, lsd etc often live underneath the fear of being prosecuted, if they certainly 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 current presence of THC within their system while going for a drug test. This is not even close to the facts whilst 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 a lifetime insurance. There are several benefits to being entitled to a policy.
What does the current presence of THC mean for your daily life insurance prospects?
With regard to applicants who’re users of marijuana, there are several options that they can consider while moving in for insurance. Earlier it used to be problematic for marijuana users to even become eligible for a lifetime policies. Nowadays you can find quite a few insurance companies that offer life insurance products even if you have been tested positive for THC. Though it is inevitable why these applicants may need to qualify for smoker’s rates while applying for a lifetime insurance.
Your premium rates for your policy also depend on their education and extent of narcotic use. If you should be a regular user, then it might be difficult to really find an extensive package, which can be both affordable and offers decent quantity of coverage. You might end up paying 50 to 400 per cent a lot more than what healthy non-smokers pay on their policies. This may 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 if they become entitled to the policy.
For recreational users, it’d 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 depending on your system metabolism and other related factors. It will be a good idea to at the least await a period of 3 full months before applying for a lifetime insurance. This way your chances of becoming entitled to an extensive life insurance policy, gets greatly enhanced whenever your tests for the current presence of THC prove negative.