Many people have the misconception that because you’ve had a heart attack, you can’t qualify for life insurance. This is absolutely FALSE. We regularly secure coverage for our clients that have had a heart attack.
Many life insurance agents play the game of “submit and pray” – not having a clue what will happen in underwriting. This often leads to a decline.
The key in finding the best rate for life insurance if you’ve had a heart attack is to find the company that will look most favorably at YOUR individual situation. There are several companies that underwrite heart attacks more favorably than all the others. We’ll find you the best one.
There are 2 key impacts on underwriting life insurance with a heart attack history:
1. Damage To The Heart.
The more information regarding the damage to the heart, the more favorable your underwriting assessment will be. Underwriters want to see stress EKG’s (not resting EKG’s) and other cardiovascular testing beyond what is required by the insurance company. Ambiguity is not rewarded in life insurance underwriting. Our best offers come from those with detailed follow up regarding damage to the heart.
2. Excellent Follow Up.
The underwriters will look at your follow up as indicated in your medical records. They want to see that you’re doing everything that can be done to prevent further complications. This includes:
Positive lifestyle habits such as exercising and eating healthy.
Regular medical follow up – they like to see consistency.
Use of preventative medications and dietary supplements.
Monitoring and controlling blood pressure and cholesterol.
If you use to smoke, they want to see that you’ve quit.
Seeing excellent follow up after a heart attack can lead to substantial underwriting improvements.
Many consumers with a heart attack history tell us “I’m much better now” and that may be the case, but it doesn’t mean anything unless it’s documented by your doctors and you show consistency and compliance to your suggested regiment.
While having a heart attack in the past doesn’t mean that you’re automatically in poor health, but it takes mean you’re at a higher risk of having health complications later in life. If you’re looking to get life insurance and you’ve had a heart attack in the past, it can be difficult to get affordable life insurance protection, but it’s not impossible.
If you’ve had a heart attack and are looking for life insurance, we invite you to give our team at Rootfin a chance to earn your business. While most agents will roll their eyes when they hear the words "heart attack", we have the experience and knowledge to find the best rates on the market and welcome the challenge!
Our agents have years of experience working with various insurance companies across the United States and we can help you get the best plan to fit your needs. Not only can we help you find the lowest insurance rates, but we can also walk you through the application process and answer any questions that you have about life insurance.
Even if you’ve been declined for life insurance in the past, don’t automatically assume that you can’t get life insurance protection that your family needs. Regardless of your health or any preexisting conditions, there are still several affordable and quality options to get your life insurance that you need.
One option is always to go with a no exam life insurance plan, which will give you life insurance without being required to take the medical exam. These plans are an excellent way to get insurance protection even if you’ve had a heart attack, but they are going to cost more in monthly premiums. But, you can’t put a price tag on the peace of mind that knowing your family will have the money that they need if anything were to happen to you.
There are several different changes that you can make to ensure that you’re getting the best insurance rates and increase your chances of being accepted for life insurance coverage. One of the first things that you should do is improve your health. You can do this in several different ways.
The first thing that you should do is start a healthy diet and get regular exercise. Both of these are going to drastically improve your health by lowering your blood pressure, help you lose weight, lower your cholesterol, and also lower your heart rate. All of these are going to translate into a better rates from the insurance company and more money in your pockets.
The next way that you can save money is to eliminate any tobacco that you currently use. Hopefully, as a heart attack survivor, you don’t smoke, but if you do use chewing tobacco or e-cigs, you could be facing much higher monthly premiums. In fact, smokers are going to pay at least twice as much for their policy as a non-smoker is going to pay. If you want to save money on your plan, it’s time to put those cigarettes down once and for all.
The best way to ensure that you’re getting the best rates, you should work with one of our independent insurance agents. Unlike a traditional insurance agent, our independent agents don’t represent one single company. Instead, we work with dozens of insurance companies across the nation and can bring all of the lowest rates directly to you. Because every insurance company is different, you could receive drastically different rates for the same amount of coverage, which means it’s vital to get quotes from dozens of companies.
Life insurance is the most important safety net that you’ll ever purchase for your family. Regardless of your health or a heart attack, you should be able to get the most affordable coverage available to you. If you have any questions about life insurance or about the different types of insurance policies, please contact us today. We would be happy to answer those questions and ensure that you’ve got the best plan to fit your needs.