Can I Get Life Insurance If I’ve Had A Heart Attack?

Rachel Garland | Life Insurance | 22 Sep, 2015 | No Comments

Concerned that you may no longer be eligible for life insurance due to a recent heart attack? Do you fear being denied or facing unreasonably high rates? If you’ve ever had thoughts like these, rest assured, you’re not alone.

Americans are reported on average to suffer from 1.5 million heart attacks and strokes each year. Heart disease is one of the most common ailments facing Americans today.

If you’re concerned about the future of your loved ones and need answers regarding your options, you’ve come to the right place. We take a no nonsense approach to what the options are for individuals who have had a heart attack when it comes to life insurance.


The Quick Answer

To get straight to the point, the simple answer is YES; if you’ve ever had a heart attack you can still qualify for life insurance. Now, while not every company may accept you nor offer you identical rates, rest assured there is hope on the horizon. There are plenty of people who have had heart attacks in the past who have been able to qualify for affordable life insurance, making it crucial that you have an understanding of what factors can affect your eligibility and potential premiums.


Factors to be Aware of

As you may have guessed, there is no simple answer that can determine your eligibility for life insurance. However, there are some basic factors that you should be aware of. No matter which insurance provider you choose to go through, these factors will influence your final options.


  • The Severity of the Heart Attack: Insurers want to know the severity of the heart attack. A mild heart attack may be more favorable in insurer’s eyes than a major heart attack. Life insurance companies are going to want to know the type of heart attack and the age that it occurred.


  • Your Heart Health: How much damage was done to your heart after the attack? What is the current health of your heart? Insurers are looking for potential risk factors for further evaluation of your overall wellness.


  • Duration of Time Passed Since Attack: While you may want to rush and get life insurance as soon as you’ve had a heart attack, this can actually be a huge mistake. Insurance companies are much more likely to deny you or charge you a higher premium right after a heart attack, waiting a little bit can help you save. However, avoid waiting too long or you could actually end up paying more.


  • Your Current State of Health: In addition to the health of your heart, insurers are also concerned with your overall state of health. For example, do you have any outside medical conditions or are you in relatively good health? The greater number of outside conditions you have and the poorer your health, the less favorable your final options will be.


  • Any Prescribed Medications: Are you currently taking any prescribed medications for your condition? Life insurance companies are going to be looking for what medications you’re taking and what conditions they are treating.


  • Family Medical History: What is your family health history? Be prepared to provide this information while applying for life insurance. Why? Insurers want to be aware of potential risks.


How to Qualify for Lower Rates

If you are hoping to qualify for lower rates, you will want to be aware of what can influence your options and luckily there is some good news. Even if you have had a heart attack, you can still qualify for affordable life insurance rates. This list is by no means every factor that could potentially affect your premiums, but it does include some of the most major aspects you should be aware of. The best part? Many of these factors are in your control. Meaning, there are positive steps you can take today that will not only help you qualify for lower rates but also improve your overall state of health.


Allow Time to Pass

We mentioned this bit earlier, but it’s too important not to address again. If you have recently suffered from a heart attack, it may be wise to wait a few months before applying. While you don’t want to let too much time pass that you allow your rates to actually increase rather than decrease, a little bit of time can go a long way when it comes to helping you save. Insurers are cautious to bring on individuals that have recently had a heart attack. By waiting and showing that you have taken care of yourself since the attack, this can work in your favor when it comes to qualifying.

Practice Good Health

What is one of the easiest and most affordable ways to qualify for lower rates when you have had a hear attack? Continually practice good health. Make a commitment to wellness and take care of your body. By demonstrating that you are taking the necessary precautions and interventions to improve your health, insurers are more likely to offer affordable options. Not to mention it will improve your overall state of being. Why not strive for better health regardless? Even if you have had a heart attack, that doesn’t mean that you cannot practice good health in the present and the future.

Visit Your Doctor Regularly

As you know, having a heart attack is a significant health concern. Which means that you are going to need to monitor your health much more closely and be in contact with your doctor regularly. Routine visits with your family practitioner are vital to a happy and healthy longevity. Insurers want to see that you are being proactive when it comes to your health. By visiting your doctor regularly after your heart attack, you can improve your overall health and options when it comes to obtaining life insurance.


The Takeaway

So, what’s the major takeaway from all of this? While no single case is the same, if you’ve had a heart attack, don’t let it stop you from becoming insured. The truth is that you have more options than what you presume.

If you want to explore all of your options, feel free to contact one of our specialists risk-free.

Note: Featured image via @HuffingtonPost



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