Can You Get Life Insurance After a Heart Attack?

Can You Get Life Insurance After a Heart Attack?

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Life after a heart attack changes you completely. You may wonder if you can go back to regular life? Or continue to play sports? Of if you’ll have a routine full of restrictions? But above all, you may worry about what will happen to your loved ones if you pass away.

Because of this, many people consider purchasing Life Insurance. However, after suffering a heart attack, is it possible to acquire it? We understand all these questions. That is why we will explain the options you have to buy Life Insurance after an event of such magnitude.

 Is it Possible to Get Term Life Insurance After A Heart Attack?

There is the false belief that after suffering a heart attack, it is impossible to get Life Insurance. However, this is a lie. Even if you were the victim of a heart attack or suffer from a medical condition, it is possible to find Life Insurance that guarantees the financial future of your loved ones.

Insurance Facts About Heart Attacks

The Life Insurance industry has evolved, and today it is possible to find coverage options even if you suffered a heart attack or suffer from a chronic disease.

We suggest that you learn as much as possible about your condition, provide as much information as possible to the insurer to make the application process an easy stage.

On the other hand, the first thing you should do is not lie about your condition or any requested information and have all the documentation about your heart attack close at hand.

All of this information will help you get coverage that is much more affordable than expected. Otherwise, the insurance company will assume that your case is complicated and charge you higher premiums accordingly.

Facts about Heart Attacks

Heart disease is the second leading cause of death in Canada. That is why we suggest learning more about these conditions before embarking on the journey of obtaining Life Insurance after surviving a heart attack.

  • Obesity
  • Diabetes
  • Stress
  • Hypertension or high blood pressure
  • Chest pain and discomfort or angina
  • High cholesterol
  • Sedentary lifestyle
  • Genetics.

What can cause a heart attack

Different factors can cause a heart attack, and below we will mention some that increase the possibility of suffering from it.

Your health status. The lifestyle you lead and your family history are factors that can trigger a heart attack.

High blood pressure. Often referred to as the "silent killer," it can cause serious health problems such as strokes, heart failure, heart attack, and kidney failure.

High cholesterol. People with high cholesterol levels have a greater chance of having a heart attack. That is why it is vital to control it and try to keep it at bay.

Obesity. Excess body fat has terrible repercussions. It can cause high blood pressure and diseases like diabetes, in addition to raising cholesterol levels.

No physical activity. Playing sports should be essential to keep us healthy. If we do not do it regularly, we run a greater risk of suffering from a medical condition.

Poor diet and smoking. The proverbial saying you are what you eat is true. A poorly balanced diet brings with it health repercussions. Likewise, tobacco consumption increases blood pressure and constricts blood vessels, which can cause endless heart problems.

 

Term Life Insurance for Heart Attack Victims – What You Should Know 

Life insurance companies consider people with heart disease as higher-risk cases. However, this does not mean that you can't purchase Life Insurance, even if you have a medical condition or family history of this type.

We must consider that for many insurance companies, this means higher premiums and limited eligibility. In the end, life insurance is about determining risk. On the other hand, we can offer plans to suit your needs and budget, even if you have a critical illness.

If you plan to get Life Insurance after a heart attack, keep reading to find out the essential information you will need during the application process.

When Did the Heart Attack Occur

As we mentioned, you should have as much information as possible about your heart attack. The first thing to remember is when you had the incident. Also, keep track of the steps you are taking to stay healthy and prevent another heart attack. Remember, it is crucial to provide detailed information to the insurance company about your health status to facilitate your application process.

How Severe It Was

The severity of your heart attack will allow the insurer to disclose the coverage options for which you are eligible. However, this should not concern you. Even if the attack was due to a single blocked artery, it is still possible to obtain Life Insurance with most coverage options. 

On the other hand, the information you provide about your heart attack must come from your doctor. In this way, you will have the necessary documentation to verify the severity of the incident, and you will have a better chance of achieving coverage.

Is the Person Following Doctor's Instructions? 

Recovery from a heart attack takes time and depends on the severity of the heart attack and other factors, such as the cause and the age of the person affected. The insurance company will likely ask you for a medical report on the treatments and changes in your lifestyle made since you suffered a heart attack.

It is recommended, follow the medical indications to the letter. Not only will this give you the chance to get back your daily routine, but it will also help increase your chances of obtaining life insurance.

How to Get the Best Term Life Insurance Rates After a Heart Attack

Life insurance is all about risk, so if the insurance company considers you a complicated case, the cost of premiums will rise. However, getting an affordable rate on your life insurance after a heart attack is possible, but we must follow the following recommendations to achieve the goal.

Follow the treatments established by your doctor. All insurance companies will ask for documentation on your treatments and medications to ensure that you are following the instructions given by your doctor to the letter.

Try to achieve your ideal weight. Being overweight is one of the causes that increase the risk of having a heart attack, so having a suitable weight for your size will help you obtain a better rate on your life insurance.

Say goodbye to cigarettes. After a heart attack, one of the first recommendations is to quit smoking. In addition, this will allow you to obtain a better cost in your premiums.

Maintain a more active lifestyle. Exercising after a heart attack can take time, but it is possible to get back to it. Talk to your doctor to find out the best way to resume your physical activity, as this brings substantial benefits to your health.

Rate classes after a heart attack 

We must be completely transparent. It is difficult for people looking to purchase life insurance after a heart attack to obtain the best premiums available on the market.

To have this concept clear, we must explain the type of rates available. The preferred rates are those that the healthiest people have access to and offer more affordable rates.

People who overcame a heart attack will likely have access to a standard rate, generally 25% higher than preferred rates, as health plays a factor in cost.

What to Do if You're Denied coverage?

When you apply for life insurance after a heart attack, there is a possibility coverage will be denied. If this was your case, do not be discouraged, it is normal for this to happen.

The best option to solve it and achieve coverage is to continue with the search. You likely started your process with an insurance company that is not the right one for your case. Use the experience you have gained to improve your lifestyle and health as much as possible. 

We suggest you stay optimistic. There are options on the market for heart attack survivors.

We are the best term life insurance option for heart attack victims

The goal of Termlite is to make Term Life Insurance accessible to everyone. That's why our expert advisors work with you to find the proper term life insurance for your needs and budget.

We have three different coverage options, Term 10, Term 20, and Term 30. You can get up to $1,000,000 in benefits without the need for doctor visits to obtain your ideal coverage.

The application process is carried out over the phone, so there is no need for face-to-face appointments. You only need to fill out our application form, and a reliable agent will contact you to start the process.

Don't think twice - even if you've suffered a heart attack, our team is ready to help you find affordable term life insurance that meets your needs.

Apply now and secure the financial future of your loved ones as soon as possible.

 

Written by: Enrique Rosales

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