Life Insurance for people with schizophrenia will be assessed by the insurer alongside a detailed report from your doctor. The insurer will be interested in a full picture of you health including the severity of the condition, medications used and the stability of your condition. If your condition is stable you may be able to secure Life Insurance with specific insurers at non-standard terms, usually a higher premium than normal. If there are any recent psychotic episodes or suicide attempts then your Life Insurance application will probably be deferred for a set period of time or may need to be placed to a specialist provider who will place certain exclusions on the policy.
Unfortunately Critical Illness Cover is not available for those who have schizophrenia.
Unfortunately Income Protection is not available for those who have schizophrenia.
As an alternative you may wish to consider Accident, Sickness and Unemployment Cover that will pay out a monthly income replacement in the event that you suffer a severe disability, injury or are made involuntarily redundant. The advantage of this policy is that the insurers do not assess your medical history when you apply for the cover, meaning that you will be eligible for the policy at standard premiums rates. However you must be fully aware that whilst this is the case, these policies will not pay a claim for anything that is related to an existing medical condition; you will only be able to apply for a claim that is not related to your condition. Accident, Sickness and Unemployment Cover will pay a monthly benefit for between 12 and 24 months depending upon your choice of cover.
Some potential problems experienced by individuals who are schizophrenic include:
Withdrawal from social interactions
Inability to recognise changes to behaviour and thoughts
Contingency planing for acute psychotic episodes
Adverse reactions to medication including parkinsonism, akathisia, dystonia and tardive dyskinesia
Medications and Treatments
Clozapine (Clozaril, Denzapine, Zaponex)
Cognitive Behaviour Therapy (CBT)
Fluphenazine decanoate (Modecate)
Haloperidol (Dozic, Serenace)
Haloperidol decanoate (Haldol Decanoate)
Levomepromazine maleate (Nozinan tablets)
Olanzapine pamoate monohydrate
Pipotiazine palmitate (Piportil)
Quetiapine fumarate (Seroquel)
Sulpiride (Dolmatil, Sulpor)
Trifluoperazine hydrochloride (Stelazine)
Zuclopenthixol acetate (Clopixol Acuphase)
Zuclopenthixol decanoate (Clopixol Conc)
Zuclopenthixol dihydrochloride (Clopixol tablets)
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Schizophrenia is quite largely a misunderstood illness with many still holding the misguided notion that this means that someone has a split personality disorder. Schizophrenia can occur due to genetic or environmental factors that cause an individual to lose a sense of reality, leading to long-term or acute behaviour changes due to the altered perception of what is happening around them.
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