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Life Insurance Approvals with an Artificial Heart Valve. Everything You Need to Know at a Glance!


Life Insurance Artificial Heart Valve.

In this article, we wanted to take a moment and try and answer some of the most common questions we get from folks applying for life insurance after they have received an artificial heart valve.

Questions that will be directly addressed will include:

  • Can I qualify for life insurance after I’ve received an artificial heart valve?
  • Why do life insurance companies care if I’ve received an artificial heart valve?
  • 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 received an artificial heart valve?

Yes, individuals who have received an artificial heart valve can and often will be able to qualify for a traditional term or whole life insurance policy.  The only problem is that many times, when someone needs to receive a heart valve replacement, it is only one of several pre-existing medical conditions which could potentially affect the outcome of one’s life insurance application.

Why do life insurance companies care if I’ve received an artificial heart valve?

Unlike a lot of other pre-existing medical conditions, out there, most folks can understand why a life insurance company is likely to “care” if an individual has needed to receive an artificial heart valve.  After all, even though replacement heart valve surgery has become relatively routine, it’s still sort of scary to think about or go through.

But…

Where we  usually run into trouble is when we have to explain to someone who is not perfectly healthy as a result of their surgery that most of the top rated life insurance companies are still going to have their concerns.

So much so, that in most cases, we won’t even recommend that someone consider applying for a No Medical Exam Term Life Insurance Policy because most of these companies will automatically deny someone who has received an artificial simply out of an abundance of caution.  Even though many will argue that the long-term survival rate of folks who do end up receiving an artificial heart valve is quite high.

The only problem is…

There are still some potentially serious consequences that might also arise.  Consequences such as:

  • Prosthetic valve obstruction which can cause thrombosis and pannus formation,
  • Patient-prosthesis mismatch,
  • Internal bleeding,
  • Prosthetic heart valve regurgitation,

As well as endocarditis which is why, despite the fact that an individual with an artificial heart valve may be considered “eligible” for coverage, most (if not all) life insurance underwriters are going to want to learn a lot more about an individuals situation prior to making any kind of definitive decision about their life insurance application.

What kind of information will the insurance companies ask me or be interested in?

  • When did you receive your artificial heart valve?
  • What symptoms (if any) led you to believe you needed to receive an artificial heart valve?
  • Who originally diagnosed your condition? A general practitioner or a cardiologist?
  • What valve was replaced?
  • Have you been diagnosed with any other pre-existing medical condition or cardiovascular diseases?
  • Have you ever suffered from a heart attack or stroke?
  • Are you currently taking any prescription medications?
    • If so, have any of these medications changed in the past 12 months?
  • In that past 2 years, have you been hospitalized for any reasons?
  • What is your current height and weight?
  • In the past 12 months, have you used any tobacco or nicotine products?
  • Are you currently working now?
  • In the past 12 months, have you applied for or received any form of disability benefits?

Now this is where…

We usually like to remind folks that we here at IBUSA are not medical professionals, and we’re certainly not doctors.  All we are is a bunch of life insurance agents who just happen to be really good at helping folks with a wide variety of different pre-existing medical conditions find and qualify for the life insurance that they’re looking for.

Which means that…

If you’re looking for actual medical advice, we’re sorry to tell you, but you’ve definitely come to the wrong place.  But if, you’re looking for help finding the “best” life insurance policy that you can qualify for, good news, we’re here to help!

What rate (or price) can I qualify for?

What you’re generally going to find is that once you have received an artificial heart valve, no matter how “great” your health may become, in the eyes of the life insurance industry, you’re always going to remain an “at risk” applicant!

Which means that…

It’s now going to be more important than ever that you do your research and know “which” life insurance companies are going to tend to be more “lenient” towards those that have received an artificial heart valve and which of “those” life insurance companies are going to have the most competitive pricing for “at risk” applicants.

The good news…

Is that this is the approach that we take every day here at IBUSA when working with individuals who have been diagnosed with any kind of “serious” pre-existing medical condition or have undergone any kind of procedure like receiving an artificial heart valve.

Which brings us to the last topic that we wanted to take a moment and discuss with you 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 works best for folks who have been diagnosed with a pre-existing medical condition where the “severity” of the condition is often “subjective” is for the applicant to make sure that they first find a true-life insurance profession who will work as an advocate for you.

Such an agent…

Will not only help guide you through the application process but also be perfectly “frank” with you about what options may or may not be possible for you.

From there…

You’ll also want to make sure that the very same agent you have chosen has access to dozens of different life insurance companies because after all, it really doesn’t matter how “great” of a life insurance agent you might have if they don’t have access to the “best” life insurance policy for you!  Now does it.

Lastly…

You’ll want to make sure that you’re completely honest with your life insurance agent prior to applying for coverage.  By doing so, you will be helping him or her narrow down what options might be the “best”!

Now will we be able to help out everyone who has been previously diagnosed with an Artificial Heart 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!

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