Life Insurance Leads Cape Coral, Florida FL
Reader’s Question:
I am a diabetic and I recently acquired a job-based health insurance from my employer in Cape Coral, Florida FL. I would like to know more about pre-existing condition exclusion period is. I am most concerned because of my pre existing diabetes.
Bart
Cape Coral, Florida FL
Most life insurance companies in Cape Coral, Florida FL have imposed a pre-existing condition exclusion period with the objective of trying to discourage people from waiting until they get sick in order to purchase health insurance. It is apparent that you might be able to apply creditable coverage to you insurance in order to offset your pre-existing condition exclusion period. Just like if you were on an individual policy before enrolling in your job-based coverage in Cape Coral, you may be able to subtract the amount of time you were covered on your individual policy from the pre-existing condition exclusion period.
The rules and regulations that govern pre-existing condition exclusion periods in individual policies may widely vary from one state to another, which means that governing rules in Illinois shall apply to Cape Coral. As a general rule, this will be very different from the rules that regulate pre-existing condition exclusion periods in job-based coverage in all 50 states. Try to verify these consumer guides which contain Florida-specific information about pre-existing condition exclusion periods in individual policies.
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