Life Insurance after Cardiac Bypass Surgery.
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 having received a Cardiac Bypass Surgery.
- Can I qualify for life insurance if I having received a Cardiac Bypass Surgery?
- Why do life insurance companies care if I have received a Cardiac Bypass Surgery?
- What kind of information will the insurance companies ask me or be interested in?
- What “rate” 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’s dive right in!
Can I qualify for life insurance if I have received a Cardiac Bypass Surgery?
Yes, individuals who have received a Cardiac Bypass Surgery can and often will be able to qualify for a traditional term or whole life insurance policy. The only problem is that because Cardiac Bypass Surgery is such a “serious” procedure for one to go through, you can bet that most of the top rated life insurance companies are going to want to know a lot about it prior to making any kind of decisions about the outcome of your life insurance application.
It’s probably also…
Safe to assume that any one of the many No Medical Exam Term Life Insurance Options that are out there probably won’t be a good option for you as these “types” of life insurance tend to be more difficult for someone to be able to qualify for after they have been diagnosed with a serious pre-existing medical condition like yours which would have warranted the need to require a Cardiac Bypass Surgery.
Why do life insurance companies care if I have received a Cardiac Bypass Surgery?
Now this may seem like an obvious question for a lot of folks however you would be surprised by how many people that we speak to who after having received their Cardiac Bypass Surgery state that they have never felt better in all of their life!
So much so…
That they lose site of the fact that even though their surgery certainly improved their overall health and may have actually saved their life, it’s still something that makes a life insurance company nervous.
That said however…
Stories like these are often based on truth which is why most (if not all) life insurance companies will still consider someone “potentially” eligible for coverage provided the fact that they are able to demonstrate that their health has improved since they had their surgery and that they don’t seem to be suffering from any other potentially serious pre-existing medical conditions.
Which explains why…
Once a life insurance company has learned that you have received cardiac surgery in the past, most life insurance companies will want to ask you a long list of questions as well as obtain copies of your medical records as well.
What kind of information will the insurance companies ask me or be interested in?
- When did you have your Cardiac Bypass Surgery performed?
- What “kind” of Bypass Surgery did you have performed?
- Single bypass? Where only one artery was blocked?
- Double bypass? Where two arteries where blocked?
- Triple bypass?
- Quadruple bypass?
- What symptoms (if any) led to the discovery that you needed to have a Cardiac Bypass Surgery performed?
- Have you ever suffered from a heart attack or stroke?
- Have you been diagnosed with any “other” pre-existing medical conditions like hypertension, high cholesterol, diabetes, etc…?
- How often do you visit your primary care physician?
- When was the last time that you had a EKG performed?
- What was the last time you had a cardiac stress test performed?
- In the past 2 years have you been admitted to a hospital for any reason?
- Do you currently suffer from any symptoms related to heart disease?
- What is your current height and weight?
- Are you currently taking any prescription medications?
- In the past 12 months, have you used any form of 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?
What “rate” can I qualify for?
Now as you can see, there are a lot of potential variables that can come into play when determining what kind of “rate” that an individual might be able to qualify for and these are just the one’s actually related to your previous cardiac bypass surgery. In addition to these “factors” we’ll still need to consider all of the other variables as well such as one’s:
- Family medical history,
- Driving record,
- Criminal background check,
- Future travel plans,
- Participation in certain hobbies,
Which is why it’s pretty much impossible to know for sure what kind of “rate” you might be able to qualify for without first speaking with you directly.
The good news is…
That unlike many other pre-existing medical conditions which can preclude someone from being able to qualify for a traditional term or whole life insurance policy, having received cardiac bypass surgery (even quadruple bypass surgery) isn’t going to mean the end of the world for your chances at being able to qualify for the “type” of policy you’re looking for.
It just means that…
You’re going to need to be much more “selective” when choosing “which” life insurance company to apply with because chances are you’re not going to be able to qualify for a Standard or better rate which are the “types” of rates most life insurance companies try to be the most “competitive” for.
Because you’re likely only going to be able to qualify for a “high-risk” classification, you’re going to want to make sure that you focus your life insurance search on just “those” companies which tend to be more competitively priced for these “types” of applicants.
For you, 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. Which 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 received a bypass procedure?
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 Burial Life 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!