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Qualifying for a Life Insurance with a Pacemaker.

 

It might surprise you to learn that it may not be all that difficult for you to be able to qualify for a traditional term or whole life insurance policy even after you’ve received a artificial cardiac pacemaker.

As a matter of fact…

Because these devices are excellent at rectifying one’s irregular heartbeat, most of the times, individuals who have previously had pacemaker fixed stand a much better chance at qualify for life insurance than those who have yet to have their condition treated.

But as…

We’re sure your aware, having had a pacemaker installed will certainly complicate the “process” of getting approved for life insurance which is why we’ve chosen to write this article.  You see, here at InsuranceBrokersUSA, we want to do everything possible to help you find the best life insurance policy that you can qualify for, and it all starts by making you an informed consumer when it comes time to purchasing your life insurance policy.

So, let’s first start off…

By describing exactly what we mean by “artificial pacemaker” then discuss what factors may play a role in the outcome of your life insurance application.  From there, we’ll also want to provide you with a few helpful hints that could potentially help you save a “ton” when it comes time to finally applying for coverage.

What are artificial Pacemakers?

Artificial Pacemakers are medical devices that make use of electrical impulses to control the heartbeat of an individual.  Pacemakers are fixed to enable individuals suffering from irregular heartbeats or (arrhythmia) which is a result of some pre-existing medication condition which is creating the problem.

Some of the conditions which might lead to abnormal heartbeat and consequently necessitate the need for pacemakers include but not limited to:

  • Congestive heart failure
  • Heart attack
  • Bradycardia
  • Atrial fibrillation
  • Sick Sinus syndrome
  • Some prescription drugs
  • Bundle branch blockages (left or right)

Now as you can see…

Pacemakers are useful in the treatment of many pre-existing medical conditions, and a couple of them such as congestive heart failure, will make it extremely difficult (if not impossible) for someone to be eligible for conventional term life insurance coverage.

Alternatively, other conditions like atrial fibrillation which may also require one to receive a pacemaker could be eligible for a preferred rate right away, assuming that their atrial fibrillation has been rectified by using a pacemaker.

So which is it?

As you can see, having a pacemaker isn’t really going to tell us a whole lot about what “type” of life insurance policy you’ll be able to qualify for or what “rate” you may be expected to pay.

This is why it is essential that during the early stages of applying for life insurance, we determine the primary reason that necessitates you requiring a pacemaker, as well as the current status of your health.

In the absence of this information, it is rather unrealistic to provide you with a correct quote for life insurance. Consequently, we will need to ask you a couple of questions such as:

  • What is your current age?
  • What is your current weight and height?
  • At what time did you had your pacemaker fixed?
  • Why did you had the pacemaker fixed
  • Who advised you to get a pacemaker? A cardiologist or a general physician
  • Have you previously had symptoms of heart disease? Or perhaps had any other heart-connected problem?
  • Have you at any time had stroke or heart attack?
  • Have you been hospitalized in the last 2 years for whatever reasons?
  • Are you currently taking any prescription drugs, if yes which one?
  • When last did you have an EKG carried out and what was the outcome?
  • When last did you have a test on cardiac stress and what is the outcome?
  • What can you say about your health at the moment?
  • What can your doctor say about your health at the moment?
  • Have you used nicotine or any tobacco products in the last one year?
  • Are you employed at the moment?
  • Have you applied or received any kind of disability assistance in the past one year?

From the information provided to the above questions, we will generally have a very good idea regarding the kind of life insurance coverage you should qualified for, together with the class of rate you might or might not be eligible for also.

Pacemakers and Life Insurance.

At the end of the day, when it comes to helping folks qualify for a traditional term or whole life insurance policy, we here at InsuranceBrokersUSA understand that having a “pacemaker” installed is not a “disqualifying” event in one’s life.

Rather…

Having a pacemaker installed is simply an indication that you have received treatment for a heart condition that was causing you problems.  Now has you condition be resolved?  Are you in better health now that you’ve received your pacemaker?  And has the root cause of why you needed to receive a pacemaker been cured?

The answers to…

These questions will ultimately determine what “type” of life insurance policy you may or may not be eligible for as well as what “rate” you may be expected to pay.  The main takeaway however should be this…

Simply having a pacemaker installed is not automatically going to disqualify you from being eligible for a great rate on your life insurance.  In fact, having a pacemaker installed may actually improve your chances of getting approved!

That being said…

However, as someone with a pre-existing medical condition, you’re certainly going to want to explore multiple options prior to actually apply for life insurance coverage.  This is why we recommend that you begin your search for life insurance by working with an insurance broker like InsuranceBrokersUSA who will have dozens of different life insurance companies to pick and choose from when considering which insurance company is going to be best for you!

You see…

Not all insurance companies are going to have the same “underwriting” rules and regulations that they need to follow which determining who they will and won’t insure.  Which means that there are many insurance companies out there that might “view” your pacemaker as a NEGATIVE (indicating some type of pre-existing heart condition), while others may see it as a POSITIVE (indicating that you’ve sought out treatment)!

Our goal here at InsuranceBrokersUSA is to try to help you find those life insurance companies that are going to view your situation as a positive and help you find the best life insurance policy that you can qualify for.

So, what are you waiting for?  Give us a call today and see what we can do for you!

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