Is It Hard to Get Life Insurance with COPD?

It may be difficult for you to get approved for life insurance if you have COPD.

Since COPD may result in shortening your life expectancy, most life insurers would likely charge more for your coverage, limit the amount of life insurance offered, or decline you depending on your age, health, and prognosis of your condition.

There are high risk life insurance carriers that provide life insurance for people with health issues including COPD.

However, if you are unable to qualify for whole life insurance or term life insurance, there are guaranteed issue life insurance plans for people ages 45 to 85 that provide coverage, and you cannot be turned down due to your health.

Guaranteed issue plans are graded death benefit life insurance which means you have limited death benefits the first two years you are insured. After two years you have full coverage.

Here's how to get life insurance with COPD.