Yes, many people with MS can get term life. Your MS type, how long you've had it and how well you get around matter most.
MS is a disease where the body's immune system attacks the central nervous system, NIH says. NINDS says symptoms usually start between ages 20 and 40, and women get it more often than men. Most people are first diagnosed with the relapsing remitting form, where attacks come and go.
MS looks very different from one person to the next, so underwriting does too. You will be asked about your first and current symptoms, how often they happen, how the disease has changed, your treatments and how you handle daily tasks. The insurer will also get a statement from your doctor.
Timing can help. MoneyGeek suggests applying after at least a year with no relapse. Most insurers include a free accelerated death benefit rider, which can pay part of the benefit early if you become terminally ill. If you have group life at work, MoneyGeek says it usually needs no medical review.
What insurers look at
- Your MS type. Relapsing remitting MS is the easiest to insure and primary progressive is the hardest.
- Time since diagnosis. Policygenius and MoneyGeek both say a diagnosis in the last two years often leads to a no.
- Relapses and MRI results. MoneyGeek suggests applying after at least 12 months with no relapse.
- How you get around. Both sources say falls or trouble walking can lead to a no.
- Your medicines. Past use of Tysabri or Ocrevus may lead to a decline. First line drugs usually do not.
- Your neurologist's records. This is usually the longest part of the review.
Coverage that may fit
Often possible. Mild MS found more than 10 years ago may get Standard or Table 2. Moderate or relapsing remitting MS may get Table 4. F&G's agent guide lists MS from Table 3 up to a decline.
Fewer health questions and lower coverage limits, MoneyGeek says. Mutual of Omaha's final expense form asks about MS in the past 4 years. A yes may lead to its graded plan.
Accepts all MS types, MoneyGeek says. Coverage is usually capped at $25,000, or up to $30,000 at some companies, with a two year graded benefit.
Common questions
Can I get life insurance with MS?
Yes, in many cases. Your MS type and stage will largely decide what you qualify for.
Which type of MS is easiest to insure?
Relapsing remitting, MoneyGeek says. Primary progressive is the hardest to cover with regular underwriting.
Does my MS medicine matter?
Yes. Past Tysabri or Ocrevus use may lead to a decline for regular coverage. First line disease modifying drugs generally do not cause an automatic no.
I was just diagnosed. Should I wait to apply?
Policygenius and MoneyGeek both say a diagnosis in the last two years often leads to a decline for term or whole life.
Sources
General information, not medical advice. Insurer rules change. An agent can tell you which companies treat your condition best.
