Insurance companies 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 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 the individual was eligible to get insurance. If he or she has been discovered to be experiencing 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 as the heal risks connected with individual are less. In exactly the same vein Smokers, those despite having healthy bodies always wind up paying considerably higher premium rates than other healthy non-smokers.
With marijuana users, the fears become a lot more pronounced as plenty of insurance think about the health threats to be very high. Yet all individuals should seriously consider applying for insurance because of the many obvious benefits that come with it. To quite an extent, many THC users keep from applying for a lifetime insurance over driving a car of having 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 under the fear of being prosecuted, if they certainly were to subject themselves to purchase a life insurance policy. This has prevented many of them from applying for a lifetime insurance, because of the possibility of being caught for the presence of THC in their system while having a drug test. That is definately not the facts whilst the insurance company is obligated to steadfastly keep up client confidentiality through the Health Insurance Portability and Accountability (HIPPA) act. This act ensures your privacy and trust is not violated in virtually any manner. All individuals regardless of the drug habits should seriously consider applying for a lifetime insurance. There are several benefits to being qualified to receive a policy.
What does the presence of THC mean for your daily life insurance prospects?
Pertaining to applicants that are users of marijuana, there are a few options they can consider while planning for insurance. Earlier it was once hard for marijuana users to even become eligible for a lifetime policies. Delta 8 Nowadays there are quite a few insurance companies that provide life insurance products even if you have already been tested positive for THC. Though it is inevitable why these applicants might have to qualify for smoker’s rates while applying for a lifetime insurance.
Your premium rates for the policy also be determined by the degree and extent of narcotic use. If you’re a regular user, then it could be difficult to truly find a comprehensive package, that is both affordable and offers decent quantity of coverage. You might wind 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, will have to contend with paying higher rates if they become qualified to receive the policy.
For recreational users, it’d generally be advisable to stop the habit before applying for insurance. THC usually stays in the body for an amount of 4 to 8 weeks according to your system metabolism and other related factors. It will be wise to at the very least await an amount of 3 full months before applying for a lifetime insurance. In this way your odds of becoming qualified to receive a comprehensive life insurance plan, gets greatly enhanced as soon as your tests for the presence of THC turn out negative.