Life Insurance 101: Sleep Apnea

​Are you getting enough sleep each night? If you're considering getting life insurance, you may want the peace of mind that comes with knowing you've provided for your loved ones. Sleep disorders like sleep apnea might influence your insurance coverage; therefore, it's vital to be aware of this.

Can I Apply for Life Insurance If I Have Sleep Apnea?
You can get life insurance if you're getting treated for sleep apnea. A sleep apnea diagnosis is simply one piece of the puzzle for life insurance providers. In addition to your condition and treatment options, your overall health, height, weight, occupation, interests, age, and gender may be examined.

What Types of Life Insurance Are Available?
Finding life insurance might be more challenging if you have sleep apnea, but there are still possibilities. You can choose between term life insurance and whole life insurance as the two most common alternatives.

Term Life Insurance
If you want to protect your family while generating a lot of money, term life insurance is smart. You can keep it for 10 to 40 years. It's generally far less expensive than having it outright. After the stated period, you must renew your life insurance based on age.

Whole Life Insurance
Whole life insurance is a long-term policy. Life insurance comprises a cash value component that may be employed as an investment vehicle and offers lifelong coverage. In most cases, whole life insurance is better suited for complex estate planning. A whole policy might cost five to fifteen times as much as a term policy.

Conclusion
It is a good idea to talk to your doctor if you have sleep apnea and are interested in life insurance. Determine the type of life insurance you're most interested in and the type you think is suitable for you.

At Medicare Supplement Store, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get insurance that fits your needs. You can get more information about our products and services by calling our agency at (732) 252-8828. Get your free quote today by CLICKING HERE. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!