Securing life insurance with cardiomyopathy can be a daunting task IF you use the wrong life insurance company.
We have a lot of experience securing life insurance with cardiomyopathy as a pre-existing condition and can assist in finding the best life insurance rates on the market.
It really comes down to using the right life insurance company who will look at YOUR unique situation most favorably. Most people having trouble securing coverage or getting very high premiums simply used a company. We replace other agents work all the time simply because we know which companies look at cardiomyopathy most favorably.
Cardiomyopothy can lead to other conditions such as congestive heart failure with shortness of breath, fatigue, and limitation of activity. It may become chronic and stable or may become progressive, leading to early death. Three common causes of transient cardiomyopathy are viral infections, takotsubo cardiomyopathy, and peripartum cardiomyopathy. All of these factors come into play when determining your life insurance health classification which ultimately determine whether or not you qualify for preferred life insurance rates.
With that said, we'll need to know the following information in order to secure you the best rates available:
- When were you first diagnosed?
- Have you experienced fainting or dizziness, palpitations, shortness of breath or chest pains?
- What were the results of your most recent echocardiogram?
- Are you on any medication?
- Has there been any heart surgery, pacemaker or defibrillator procedures?
- Have you smoked cigarettes in the last 3 years?
- Are there any other underlying health issues?
The more detailed you can be with us about your cardiomyopathy, the more accurate your rates will be.
Just know that we're on your side. We represent over 60 life insurance companies and aren't married to any specific one. Who ever provides the best rates is who we'll offer. In other words, please don't hide or sugarcoat anything with us - underwriters will be combing through your medical records so everything will come up.
Life Insurance and Cardiomyopathy: What To Expect
If you've fully recovered from your cardiomyopathy or have remained stable for at least six months with a normal echocardiogram, it's rare, but possible to obtain a "Standard" health classification if there are no other conditions or lifestyle factors (like smoking). Most likely, you'll get a "Table 2" offer. If you're not sure what that means, please give us a call and we'll explain.
If you don't fall within the description above, you'll be rated based on the residual effects on your heart and lifestyle choices.
Obviously the more severe your condition, the higher your life insurance premiums will be.
Bottom Line
Each and every life insurance company will view your individual situation in a different way. It's important to make sure you are working with one who has experience dealing with applicants who have cardiomyopathy, and can offer you a good rate due to their experience with your condition.
Finding out which companies those are on your own is tough. We know exactly which companies are ideal for you to work with, so if you want to get the lowest rate on your life insurance even though you have cardiomyopathy, get in contact with us and we'll be happy to help you out.
