Will this disqualify me for insurance???

Question

Ok, I am thinking about getting my own individual insurance. However, I want to know what exactly disqualifies me from having it. I am being a bit paranoid about the whole thing and i dont want to ask the Place where I am trying to get insurance. Ok, 3 in a half years ago, I tweaked my knee. I never got an MRI on it but i did go to a clinic at the college i was at. The doctor told me that I might have slightly torn some cartiladge and told me to stay off of it. Then he gave me a brace. I went back ten days later and he told me i would be fine in a couple more weeks and that was it. If later in life, I hurt that knee.....will that disqualify me from having it covered????

Answer 1

You're not ever "disqualified" from having insurance.  You can get insurance, but the question seems to be whether the knee will be a pre-existing condition that will not be covered.

The answer depends on whether you are covered by any insurance now.  If you are - even if it's someone else's policy - then your pre-existing condition will be covered.  The question is how much you will have to pay for insurance, and the answer to that depends on several things.

You could just lie about the knee when you apply for insurance, but if there ever is an issue with it in the future and the records of the treatment surface you would be in for a world of trouble.

Answer 2

Each company will have it's own "disqualification" factors.  

Is it a pre-existing condition?  I'd say no, because it's FINE now, and it's beeen years.

Answer 3

If you are open and honest with the company you are applying for coverage with about this, and they do not rider the condition, you will be fine.  However, you may still be subject to pre-existing conditions for 12 months since it is an individual policy and not a group policy.  This rule varies from state to state and from one insurance company to another.  I am in OK, and pre-ex applies on individual policies even if you had/have other coverage in force.  However, I have a few companies that choose to cover all pre-ex that is disclosed if they decide to cover them.

I suggest you find a good independent agent in your area and let them do the work for you.

Answer 4

Probably not.  You may get a pre-existing exclusion which limits coverage for the first year or so, after which it willb e covered.

And these "helpful agents"... sheesh... they'll do "so much" for their 25% commission (which YOU pay for).