Obtaining life insurance can be one of the most important parts of your overall financial plan. This is because, without this coverage, you could leave your loved ones at risk of having to pay off large debts, being responsible for high priced final expenses, and / or without the ability to continue paying their ongoing living expenses. This type of financial hardship can change the lives of your loved ones, at an already difficult time for them.
Getting approved for the life insurance coverage that you need can be easy for some – especially those who are in relatively good health. However, if you have certain types of health issues such as COPD or ventricular arrhythmia, then being approved for life insurance can present some challenges. You may also be searching for life insurance with high blood pressure or life insurance if you’re overweight. Let us help you find whatever coverage best suits your needs. Are you wondering if you can get life insurance after having gastric bypass surgery? Let us help you in making your decisions to obtain the coverage you deserve.
The good news is that many people who have ventricular arrhythmia can, in fact, qualify for traditional life insurance coverage. However, because all insurance companies can be somewhat different in how they view their applicants, it can often be extremely beneficial to work with a company or an agency that has access to multiple life insurance carriers. This is where we can help.
How Ventricular Arrhythmia Can Affect Your Application for Life Insurance
Ventricular arrhythmia is a rapid or abnormal heart rhythm. This condition originates in the lower chambers of the heart, which is typically referred to as the heart’s ventricles. There are different forms of ventricular arrhythmia. These include ventricular fibrillation and ventricular tachycardia – both of which can be considered as life threatening, as they are often associated with heart attacks and / or scarring of the heart muscle due to a previous heart attack. However, in some cases, a ventricular arrhythmia can occur in an individual who has a seemingly normal heart from a structural standpoint.
Ventricular fibrillation is considered to be the most serious type of cardiac rhythm disturbance. If afflicted with this condition, the lower chambers of the heart tend to “quiver” and, if the heart becomes unable to pump any blood, then it could lead to cardiac arrest.
If an individual has ventricular tachycardia, then they will have a fast heart rhythm that typically begins in the lower portion of the heart. It is not always known what causes ventricular tachycardia. This is especially the case if it occurs in younger patients.
In some cases, however, this condition can be the result of heart disease, such as a congenital heart defect, myocarditis, hypertrophic or dilated cardiomyopathy, or even from having a heart attack. It could also be the result of low potassium level, as well as other types of electrolyte imbalances.
Some of the more common symptoms of this condition can include the following:
- Lightheadedness or dizziness
- Palpitations / feeling the heart beating rapidly or irregularly
- Shortness of breath
- Chest pressure or pain
- Weak (or no) pulse
If it is left untreated, ventricular tachycardia can lead to the more serious condition of ventricular fibrillation. Due to the seriousness of any arrhythmia condition, when an individual applies for life insurance coverage, the underwriters will want to know as much as possible about his or her overall health. This is so that the life insurance company has a better idea regarding the amount of risk that it could be taking on.
What the Insurance Underwriters Will Want to Know
When applying for life insurance, it will typically be required that you submit an application for coverage. In this application, the insurance company will ask for various information, such as your:
- Name and residence address
- Age / birth date
- Height and weight (i.e., your weight as it relates to your height)
- Marital status
- Occupation and income
- Amount of any other life insurance coverage in force
- Smoking status / usage of any type of tobacco (though, you can still get life insurance for smokers)
- Alcohol usage and frequency
- Health history
- Family health history
- Medications taken
- Hobbies / habits (especially if they are considered to be risky, such as scuba diving, rock climbing, etc.)
- Foreign travel history
In addition, the life insurance underwriters will also want to know more specifics about your ventricular arrhythmia condition. In doing so, they will likely ask you to answer some or all of the following questions:
- When were you initially diagnosed with ventricular arrhythmia? Knowing when you were initially diagnosed with your condition – especially if it is due to a heart attack or other specific issue – can be extremely important to the insurance company’s underwriters. With an early diagnoses, it can have a better chance of a patient recovering.
- Within the past six months, have you experienced any symptoms of ventricular arrhythmia, such as palpitations, chest pain, and / or fainting? If you have experienced any symptoms of ventricular arrhythmia within the past few months, the insurance underwriters may wish to wait and re-analyze your application at a later date.
- Do you or any of your immediate family members have a history of heart attack? Having a history of heart attack may cause the underwriters to decline your application, as this is seen as a high-risk factor in life insurance applicants.
- Have you been diagnosed with any other medical conditions in addition to ventricular arrhythmia? If you have been diagnosed with any other health conditions, the underwriters will need to review the particular condition. For example, if you have other heart-related issues such as coronary artery disease, it may require further testing by the underwriters to make a final decision.
- Are you taking any medication for your condition – and if so, what do you take and what is / are the dosage(s)? If you need to take medication, this can be either a positive or a negative sign – depending on the specific situation. For example, if you have been prescribed regular maintenance medication, and this has been helping to control your condition over time, then this can be a good sign. If, however, you have just recently been prescribed medication, it could mean that your condition is becoming more unstable.
- Do you regularly get check-ups from your cardiologist? Having regular check-ups with your cardiologist can be a positive sign that you are working to manage and / or control your condition. The underwriters may wish to review the medical records from your cardiologist and / or your primary care medical provider to get a clearer picture of your overall health.
- Over the past six months, have you had any relevant testing performed, such as an ECG? If you have had any type of relevant testing performed by a medical professional within the past six months, it is possible that the insurance underwriters will want to review the results of these tests. This is because, if you have had no change in your health condition over time, it may be possible to qualify for a Standard policy rating, especially if you are otherwise in good health.
- Do you have or participate in any other potential risk factors? Some other health-related risk factors can include having diabetes, a history of high cholesterol, and / or a family health history of heart disease. There can also be other lifestyle related factors that can be considered risky to someone who has ventricular arrhythmia. These can include smoking, poor eating habits, and / or leading a sedentary lifestyle without exercise or other similar activity.
In addition to the application for coverage and the additional condition-related questions, you will likely need to undergo a medical examination as a part of the underwriting process. During this exam, you will meet with a paramedical professional who will ask you some additional health-related questions, as well as obtain form you a blood and a urine sample. These samples will be tested to determine any possible additional risk factors.
After all of your information has been obtained by the underwriters, they will be able to more thoroughly review it, and then make a determination regarding your application. They can also provide an appropriate premium rate for the coverage if accepted.
How Much Will Life Insurance Coverage Cost with Ventricular Arrhythmia?
If the underwriters determine that you are in good health and are managing your ventricular arrhythmia, then it is possible that you could receive a Standard policy rating. In this case, the premium rate for your life insurance policy would be in line with that of other “average” policyholders.
However, if it is deemed that your health may present more of a risk to the life insurance company, then it is likely that your coverage would be rated as a Substandard. This means that the premium rate that is charged would be more than that of the average policyholder.
What Happens If You Don’t Qualify?
If it is the case that you don’t qualify for medically underwritten life insurance coverage, there are other possible options that you may try to obtain the insurance protection that you need. One such option would be to apply for a no medical exam insurance policy.
Just as its name suggests, a no medical exam life insurance policy will not require you to undergo a medical examination. This means that there will be no need to submit a blood or urine sample – and because of this, it can be easier for people who have health conditions to still qualify for the coverage.
It is important to understand that because the applicants for no medical exam life insurance coverage are typically deemed as being a higher risk for the insurance company, the premium that is charged for this type of policy will usually be higher than that of a comparable medically underwritten policy. Though, this form of coverage could be the way to secure the coverage that you require.
How and Where to Get the Best Quotes on Life Insurance
If you have been diagnosed with ventricular arrhythmia, and you are seeking life insurance coverage – as well as comparing life insurance policy quotes – it is best to work with a company or agency that is independent of a particular carrier and can offer you the option of multiple insurers. That way, you will be able to more directly compare the policies, benefits, and the prices of many different options, and from there you can determine which one will be the best for you.
When you are ready to move forward with a life insurance policy, we can help. We work with many of the top rated life insurance carriers in the industry today, and we can assist you with obtaining all of the important details that you require for making an informed purchasing decision. We can do so quickly and easily, from your home computer. All you need to do to get the process started is just simply fill out the form on this page.
Should you find that you still have any additional questions about getting life insurance with ventricular arrhythmia – or even if you just happen to have a general question about life insurance – our experts are happy to assist you. We can be reached directly via phone, toll-free, by dialing 888-229-7522.
We understand that the process of comparing and purchasing life insurance can be a bit overwhelming. There are many different variables to consider – such as obtaining the right amount of coverage and getting the best premium price. It can be especially challenging if you have been turned down for a policy in the past.
But, the good news is that by working with an independent agency, you can have many more options that are available to you – and, with us, you have an ally on your side that is searching for the right policy for your needs. So, contact us today – we’re here to help.