Having heart valve surgery can be a very demanding experience. After such a serious operation we all want to protect our loved ones and the life we have built for our families. That’s when we might think of life insurance. Is it possible to buy life insurance after heart valve surgery? Will I be able to afford the premiums? What are my options? Let’s find that out right now!
Nobody should have to go without the life insurance protection that their family deserves. If you’ve ever been told that you can’t get life insurance because of your heart valve surgery, don’t believe it. Regardless of your health or any pre-existing conditions that you have, there are several options for affordable life insurance coverage.
Can I Get Life Insurance After Heart Valve Surgery?
While you may have heard that people with heart disease or who have had heart valve surgery are not able to get life insurance, the reality is far from that. You do not have to worry about such a thing, instead, you need to make sure that you find a proper insurance provider because some will indeed say no.
When you are considering buying life insurance, whether you are healthy, or suffer from some type of adverse health condition such as depression or sleep apnea, it is important to understand that most insurance providers are not going qualify you for a standard rate if you have a serious health condition. Because of this, talking with the right insurance provider is a clear necessity in this regard. We can talk to over 30 different carriers about your situation to see who can do the best job for you.
At Ogletree Financial Services, we have access to the most trusted insurers in the business and we know which companies deal with heart valve surgery patients most fairly. Even if you have been denied coverage in the past, we can probably help. Getting started is easy. Use the instant quote application on this page. Call us at 1-800-712-8519. Or, send us a note from our contact page. You may be surprised at what we can do for you!
Many who have had heart valve surgery have been forced to pay high rates that are out of their budget. These rates might not be as low as you can afford, so it’s crucial to understand the demands of each provider before you apply for life insurance.
We all know it can be frustrating to not be able to qualify for the better rates when you feel fine and even the doctor tells you that you are great. As reported on the website Medtronic, people report feeling “brand new” after heart valve surgery and return to a normal, active life quickly after their operation.
But the reality is that in the insurance world there are many variables to consider for both the insured and the insurer. Finding the right life insurance company that will most favorably underwrite your complete personal risk can save thousands of dollars.
Heart Valve Surgery: Questions to Focus On
Most of the time the insurance companies will have a set of questions that will allow them to determine your risk. These questions will cover important information such as:
Your doctor’s diagnosis of your condition and your age when you were diagnosed are very important for the insurance company underwriting your policy. You will also want to document any follow-up doctor visits and cardiac testing since the surgery took place. Stress test or echocardiogram results will indicate your recovery progress.
How long has it been since your surgery? Often a 6-12 month waiting period is required after a procedure as serious heart valve surgery before a life insurance application will be approved. Even this waiting period is not an obstacle to a client in this position who must get a life insurance policy into place right now.
There are solutions to get you into a policy to get coverage in the short term and then reevaluate your health and your policy after you have recovered from your operation. The short-term policy would have a higher premium, but this could be renegotiated at a later date.
If you have had any other health complications in addition to your heart valve surgery, life insurance companies will be concerned. They will need to be assured that any other conditions are under control and not a further serious risk to your health.
Your present health status is also important because it allows the insurance company to determine your lifestyle and future predilection to getting sick. This could be bad if you are a smoker or don’t have a proper diet which could lead to higher premiums.
These are some of the most important general questions concerning your heart valve surgery that you need to keep in mind when you work with a life insurance company. Of course, each insurance company tends to have its own questions. But the idea is to be prepared to respond fully and honestly, with the guidance of a respected independent agent like Ogletree Financial Services. We can provide a set of questions that will help evaluate your condition and prepare your case for the underwriter.
Lying on your life insurance application is a bad idea. You are purchasing life insurance partially for the peace of mind you will feel knowing that no matter what happens to you, your family will always live with the financial well-being you work hard to provide. Dishonesty is no way to start this process and very difficult to get away with.
It is a must to focus on the recovery and treatment instructions provided by your doctor and follow them to the letter. This is the best way to better your chances for a reasonable life insurance quote if you have had heart valve surgery. Remember, it’s all about making sure that your insurance provider is confident in your current health status and how your condition has progressed since your surgery. If there have been no major problems, then getting life insurance after heart valve surgery is may not a problem!
No Exam Life Insurance
One option that is always available to get life insurance is to purchase a no medical exam life insurance policy. As you can guess from the name, these plans will give your insurance protection without being required to take the medical exam. These plans are an excellent option for anyone that’s been declined for life insurance in the past. There are several advantages and disadvantages that you should be aware of when you’re shopping for life insurance, especially as a person that has went through heart valve surgery.
The obvious advantage to these plans is that anyone can purchase them, regardless of health or nay pre-existing conditions. You won’t be turned down because or your heart valve.
The next advantage is that you can get life insurance protection much quicker than you would be able to with a traditional life insurance plan. Because you aren’t required to take the medical exam, you won’t have to wait for the insurance companies to get the results. With a no medical exam, you can get life insurance coverage in a matter of days versus the month that it could take with a traditional life insurance plan.
Just like other kinds of life insurance plan, there are going to be some pitfalls to these plans. The biggest disadvantage is the expensive premiums that are attached to these plans. Because the insurance company doesn’t require a medical exam, the company is taking a much higher risk to give you an insurance policy, and they are going to offset that risk by charging your more every month.
Another disadvantage to these policies is the insurance company is going to limit how much life insurance protection that you can buy through these plans. Most insurance companies will only allow you to purchase around $250,000, which isn’t enough life insurance for most applicants. If you need more life insurance than that, then you’ll need to purchase two no medical exam plans.
It’s important that you give your family enough insurance protection in case something was to happen to you. If you don’t have enough life insurance, your family will be left with a massive amount of debt.
If you have any questions about life insurance after a heart valve surgery, please contact one of our agents today. We would be happy to answer all of those questions and ensure that you’re getting the best possible plan to meet your needs. Our agents have years of experience working with high-risk applicants and we can connect you with the perfect life insurance policy to meet your needs. Don’t wait any longer to get the process started.
Getting started is easy. Use the instant quote application on this page, call us at 1-800-712-8519, or send us a note from our contact page. You may be surprised at what we can do for you!
Frequently Asked Questions
Can I get life insurance after heart valve surgery?
It is not impossible, but it is important to understand that most insurance providers are not going qualify you for a standard rate if you have a serious health condition. Because of this, talking with the right insurance provider is a clear necessity in this regard. We can talk to over 30 different carriers about your situation to see who can do the best job for you.
What information is needed to get life insurance after heart valve surgery?
How long has it been since your surgery? What is your doctor’s diagnosis? What is your present health, are there any other health complications? A qualified life insurance agent can help navigate the search to find the right company for you.
What are some of my life insurance options after heart valve surgery?
One option that is always available to get life insurance is to purchase a no medical exam life insurance policy. As you can guess from the name, these plans will give your insurance protection without being required to take the medical exam. These plans are an excellent option for anyone that’s been declined for life insurance in the past.