If you have any type of adverse health condition, from an Irregular Heartbeat to Diabetes, it can be more difficult to qualify for life insurance. This is especially the case if your condition involves obtaining life insurance with an irregular heartbeat. However, if you apply for coverage through the right source, you’ll find that your chances for approval can improve a great deal.
This is because certain agencies specialize in working with what is referred to as higher risk life insurance cases. Because of this, they know which insurance companies are more likely to accept applicants who possess various health conditions, as well as how to go about submitting the proper paperwork so that the application and underwriting process progresses smoothly.
Life insurance is one of the most important purchases that you’ll ever make for your family, and an irregular heartbeat shouldn’t keep you from getting the protection that your family deserves. If you’ve been told that you can’t be accepted for a life insurance policy because of your irregular heartbeat, don’t believe it. There are several options for quality and affordable life insurance.
Perhaps you are needing life insurance after a heart attack; we can help.
Applying for Life Insurance Coverage
When you apply for life insurance with an irregular heartbeat, the underwriters who analyze your application will want to know certain information about your particular health condition. This will help them to make a more informed decision regarding whether or not to accept you for coverage.
The information they need will typically include the following:
- When was your irregular heartbeat initially diagnosed?
- What was the actual diagnosis you were given?
- How is your condition being treated?
- What medications are you taking?
- How often do you see your doctor for your condition?
- Do you have any other health conditions such as high blood pressure and / or high cholesterol?
- What type of testing have you had done, such as a Resting EKG or Echocardiogram, and when were they performed?
In addition, the life insurance underwriters will also want to get a good idea of the type of lifestyle that you lead. For example, do you exercise regularly and eat healthy meals? Knowing this will also help them in determining how well you are managing your irregular heartbeat condition on a regular, ongoing basis.
By putting all of this information together, the underwriters will be able to obtain a clearer overall picture of your health condition, and will then make a determination of whether you are an acceptable risk for coverage. With this in mind, it is always best to provide the underwriters with as much information as possible.
The less risk you are to the insurance company to insure, the lower premiums you’ll pay. If you want to save money on your plan, you’ll need to improve your health.
How Irregular Heartbeat Can Affect Life Insurance Premium Rates
In many cases, provided that you are controlling your irregular heartbeat condition with medication, diet, and proper exercise, your application for life insurance can be approved. In the case of stable control of your condition, along with no corresponding heart disease, it is likely that you will be approved for coverage and will be able to pay standard premium rates. This means that the premium rate charged for your coverage will be the same as that for other policyholders in your category who are of average health, height, and weight.
If, however, your condition is more chronic, it is probable that you will charged a higher amount of premium for your life insurance coverage. This premium amount can vary, based upon the frequency of the irregular heartbeats, as well as other factors such as how you are controlling your condition.
In cases where the underlying cause of the condition is heart disease, it is probably that you will pay the highest amount of premium. Or, depending on the situation, the application could be declined by the underwriters. In any case, however, it is always best to obtain quotes and try to obtain coverage before making that determination on your own.
How to Improve Your Chances for Approval
When applying for life insurance with an irregular heartbeat, there are ways that you can help to improve your chances for approval. For example, one of the best methods includes ensuring that your condition is being well controlled by maintaining a regular exercise routine, as well as by avoiding foods and activities that can aggravate your blood pressure. Both of these can help improve your health in several ways. Not only is it going to improve your overall health, but it will keep more money in your pocket.
One of the best ways to improve your chances of being approved for life insurance is to cut out any of the tobacco usage. Being listed as a smoker on your life insurance is going to drastically decrease your likelihood to be approved because of the additional risks that smoking brings. If you want to get the lowest rates, and the best coverage, you’ll need to quit smoking before you apply.
In addition, you should also consider working with a professional that has a focus in working with life insurance for higher risk cases. This way, you can be more assured that the proper paperwork is being submitted to the carriers that are more apt to approve your application.
Knowing which insurance carriers to go to first can speed up the application process substantially, cutting out many time-consuming underwriting delays, and getting you the coverage you need much faster – and oftentimes at a much more affordable premium price.
Taking the Next Step
If you’re ready to take the next step and apply for life insurance coverage, the next step is to obtain quotes from the carriers that take on higher risk cases, including those that provide life insurance to those with an irregular heartbeat. We will help you to find the very best life insurance policy possible for your needs and your health condition. Simply fill out the form below, or if you have additional questions, feel free to give us a call at 888-229-7522. We’ll be happy to help. We are independent agents that don’t represent a single candidate, but instead represent dozens of different companies. Our agents can help connect you with the perfect insurance policy that will save you time and money. It’s the best way to ensure that you’ve found the best plan for your needs.