Life Insurance with a Bicuspid Aortic Valve.
In this article, we wanted to take a moment to answer some of the most common questions we get from folks applying for life insurance after being diagnosed with a Bicuspid Aortic Valve (BAV).
Questions that will be directly addressed will include:
- Can I qualify for life insurance after I’ve been diagnosed with Bicuspid Aortic Valve (BVA)?
- Why do life insurance companies care if I’ve been diagnosed with Bicuspid Aortic Valve (BVA)?
- What kind of information will the insurance companies ask me or be interested in?
- What rate (or price) can I qualify for?
- What can I do to help ensure that I get the “best life insurance” for me?
So, without further ado, let’ dive right in!
Can I qualify for life insurance after I’ve been diagnosed with Bicuspid Aortic Valve (BVA)?
Yes, individuals can and often will be able to qualify for a traditional term or whole life insurance policy after having been diagnosed with a bicuspid aortic valve. In fact, some may even be able to qualify at a Preferred rate!
The only problem is…
Any time someone has been diagnosed with some “type” of pre-existing medical condition having to do with the heart, you can bet that most of the top-rated life insurance companies that most of us are familiar with are going to want to learn more about that condition.
For this reason…
Even though it may be possible for someone who has been diagnosed with a BVA to be able to qualify for a no medical exam term life insurance policy, in our experiences when they do qualify, it’s usually at a rate that is worse than they would have been able to qualify for had they applied for a fully underwritten (exam required) policy.
Why do life insurance companies care if I’ve been diagnosed with Bicuspid Aortic Valve (BVA)?
It’s fair to say that just about any time an individual has been diagnosed with some “kind” of pre-existing medical condition which affects one’s heart, that most life insurance companies are going to take an active “interest” in wanting to know more about “that” condition and how “serious” it might be.
Can blame them? After all, the role of the life insurance underwriter who will be the one who determines whether or not you can qualify for a life insurance policy is to access and minimize risk to their employer. This is why it only makes sense that having been diagnosed with bicuspid aortic valve disease might be an issue.
To understand why…
It makes sense to take a moment and review exactly what a bicuspid aortic valve is and how having one can have some pretty significant consequences to one’s overall health.
Bicuspid Aortic Valve (BVA) Defined:
Simply stated, a bicuspid aortic valve is the most common congenital heart defect that an individual can suffer from and is defined by an aortic valve that only has two “leaflets” as opposed to three, which is the norm.
For many, this defect may not produce any symptoms in which case they may live their entire life without knowing that they suffer from it. For others, however, having a bicuspid aortic valve may result in the development of:
- Aortic stenosis, which is a condition where over time, calcium can build up onto the valve itself, causing it to harden and become less flexible.
- Aortic regurgitation also referred to as aortic valve insufficiency.
- Coarctation or the narrowing of the aorta,
As well as possibly developing an aortic aneurysm. All of these could potentially develop into what could eventually become a life-threatening medical condition!
Symptoms of this disorder may include:
- Difficulty breathing,
- Chest pain,
- Dizziness or lightheadedness,
- Heart palpitations,
- Swelling of the lower extremities,
- Etc, etc…
The good news is…
That for those who do end up suffering from noticeable symptoms of this disease or are considered to be at an increased risk of some “kind” of more serious cardiovascular disease as a result of this disorder, there are treatment options that will correct this condition. Unfortunately, most of them will require some kind of surgical procedure, but given the alternative, it is nice to know that you may have options if you need them.
This also explains…
Why most (if not all) life insurance underwriters aren’t going to be simply satisfied just knowing that you have been diagnosed with bicuspid aortic valve disease. Before a life insurance company is going to be willing to decide on your life insurance application, they will want to know a lot more about you and how “serious” your condition might be before they are willing to make any decision about it your life insurance application.
What kind of information will the insurance companies ask me or be interested in?
- When were you first diagnosed with bicuspid Aortic Valve disease?
- Who diagnosed your Bicuspid Aortic Valve Disease? A general practitioner or a cardiologist?
- What symptoms (if any) led to your diagnosis?
- Do you suffer from:
- Difficulty breathing?
- Chest pain?
- Dizziness or lightheadedness?
- Heart palpitations?
- Swelling of the lower extremities?
- What treatment options have you pursued?
- Has your doctor suggested that you may need surgery in the future?
- Have you been diagnosed with any other pre-existing medical conditions?
- Have you suffered from a previous heart attack or stroke?
- Have you been prescribed any prescription medication?
- In the past 2 years, have you been hospitalized for any reason?
- In the past 12 months, have you used any tobacco or nicotine products?
- What is your current height and weight?
- Are you currently working now?
- In the past 12 months, have you applied for or received any kind of disability benefits?
Now at this point…
We do want to take a step back before we start talking about what kind of “rates” that an individual might be able to qualify for and remind folks that nobody here at IBUSA is an actual medical expert. And, we’re certainly not doctors!
All we are…
Is a bunch of life insurance agents who just happen to be good at helping folks with pre-existing medical conditions like this one, find and qualify for the life insurance coverage that they are looking for! Which is great, if that’s what you’re looking for, but not so great if you’re looking for medical advice! So, with that being said, let’s now get back to the task at hand, which is to help you find the “best” life insurance policy that you can qualify for.
What rate (or price) can I qualify for?
As you can see, when it comes time to determine what kind of “rate” an individual might be able to qualify for after they have been diagnosed with bicuspid aortic valve disease, there are a lot of potential variables that can come into play. This is why it’s pretty much impossible to know for sure what “kind” of rate you might qualify or without first speaking with you directly.
That said however…
There are a few “assumptions” that we can make about those who have been diagnosed with bicuspid aortic valve disease, which will generally hold true.
You’re one of those individuals who’s bicuspid aortic valve disease isn’t causing you to suffer from any kind of symptoms and your doctor doesn’t feel that you need to receive any type of treatment for your condition.
For folks like these…
What you’re generally going to find is that in most cases, insurance companies will typically look at your bicuspid aortic valve disease diagnosis as a “non-factor” in determining what kind of rate you might be able to qualify for.
Or in other words…
Whatever “rate” you might have been able to qualify for before your diagnosis out to be the same rate, you would be able to qualify for AFTER your diagnosis.
That we only run into trouble when someone is beginning to experience symptoms directly related to their bicuspid aortic valve disease. In cases like these, the “severity” of the symptoms being experienced will generally determine what kind of “rate” an individual might qualify for and whether or not they will be able to qualify for a traditional term or whole life insurance policy at all!
The good news is…
That regardless of your situation, we here at IBUSA can help because we have tons of experience helping folks with all sorts of pre-existing medical conditions like yours and are committed to helping all of our clients find the “best” life insurance policy that they can qualify for. This brings us to the last topic that we wanted to take a moment and discuss which is…
What can I do to help ensure that I get the “best life insurance” for me?
In our experience here at IBUSA, what we have found that usually, the folks who seem to find the “best” life insurance policy for them are those that:
- Take their time reviewing their options.
- Ask a lot of questions.
And seek out those life insurance agents who not only have experience working with individuals who have been diagnosed with a wide variety of pre-existing medical conditions but also have access to dozens of different life insurance companies so that when it comes time to helping a more “challenging” case, they don’t have to rely on a…
“One size fits all approach!”
The good news is that this is exactly what you’re going to find here at IBUSA.
Now, will we be able to help out everyone who has been previously diagnosed with a Bicuspid Aortic Valve?
No, probably not. But what we can tell you is that in addition to offering a wide variety of different term and whole life insurance policies, IBUSA has also worked very hard to establish relationships with many of the Best Final Expense Insurance companies as well so that in the event that someone isn’t able to qualify for a traditional life insurance policy, chances are there may be some other “type” of product that you CAN qualify for.
So, if you’re ready to see what options might be available to you, just give us a call!