When you apply for life insurance, there are a number of items that the insurance underwriters will want to know about you and your health before they make their ultimate decision regarding your approval for the coverage. The basic information will include your age, gender, and your health – including your health history, as well as your family health history.
If, however, you have certain health-related conditions, the life insurance underwriters will usually want to know much more in-depth details regarding that condition so that the insurance company can have a better understanding of just how much risk it may be taking on if you are approved for coverage. This will be the case if you are applying for life insurance with ventricular arrhythmia.
How Ventricular Arrhythmia Can Affect Your Life Insurance Application for Coverage
Ventricular arrhythmia is described as being a heart condition abnormally rapid heart rhythm, or arrhythmia; that originates in the lower chambers of one’s heart. These chambers are known as the ventricles. The ventricular arrhythmias can include ventricular tachycardia and ventricular fibrillation – and both of these conditions can be life-threatening to an individual. This is because they are typically associated with a heart attack and / or with scarring of the heart muscle from a prior heart attack.
With an “irregular” heartbeat, a person’s heart may beat either “too fast” or “too slow.” In either case, the irregular rhythm can be disruptive. In some instances, if the heart rate is too slow, no enough blood will reach the brain – in turn, resulting in a loss of consciousness.
Because this condition can be disruptive, and in some cases, dangerous to an individual’s health – and in turn, to a person’s overall life expectancy – a life insurance underwriter will need to take a very close look at the overall health, health history, and other surrounding information of an applicant for life insurance who has a prior history of ventricular arrhythmia.
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What the Life Insurance Underwriters Will Want to Know About You
When applying for life insurance coverage, all applicants are typically required to complete an application. This will ask for basic personal information, such as your:
- Contact Information – including your state of residence
- Smoking Status / Tobacco Usage
- Alcohol Usage / Frequency
- Marital Status
- Occupation / Income
- Foreign Travel Frequency
- Hobbies (such as dangerous sports or activities like rock climbing, skydiving, or scuba diving)
- Health History (such as diabetes)
- Family Health History
- Prescription Medications Taken
- Previous Surgeries
If you have had a prior history of ventricular arrhythmia, then it is likely that the life insurance underwriters will need to know more detailed information regarding that, as well as information about how you are controlling and / or managing your condition. Therefore, in addition to the basic life insurance for coverage, you may be asked some or all of the following questions:
- When were you initially diagnosed with ventricular arrhythmia?
- What type of arrhythmia do you have?
- Is your arrhythmia a symptom of another health condition or disease?
- How long have you had irregular heartbeats?
- How often do you experience irregular heartbeats?
- When you are experiencing your irregular heartbeats, approximately how long do they last?
- Has your ventricular arrhythmia caused you to miss work?
- If so, how often?
- Has your ventricular arrhythmia caused you to lose sleep?
- Have you experienced any other health issues due to your ventricular arrhythmia?
- Have you ever been hospitalized due to your arrhythmia?
- Have you ever gone to the emergency room due to your arrhythmia?
- Have you ever worn a heart monitor in order to assess your heartbeat?
- If so, what was the outcome?
- Do you regularly visit a cardiologist due to your ventricular arrhythmia?
- Are you taking any prescription medication due to your arrhythmia?
- If so, what medication(s) are you taking, and what is the dosage(s)?
- In what other manner are you controlling or managing your condition, such as through diet and / or exercise?
- Do you engage in any behaviors that could further aggravate your arrhythmia, such as smoking, drinking excessive caffeine, or drinking alcohol?
- Have you had any relevant lab testing performed due to your condition within the past six months?
It is probable that, as a part of the overall underwriting process, you will be required to undergo a medical examination. During this exam – which typically only takes about 30 minutes – you will meet with a paramedical professional either at your home or in another convenient location for you. The paramed will take a blood pressure and a heart rate reading from you, as well as a blood and a urine sample. They will also typically ask you some additional health-related questions. If you are searching for life insurance with high blood pressure, let us help you in understanding your options.
The life insurance company may also wish to obtain your medical records. These may be requested from your primary care physician, from your cardiologist, or both. Once all of the information has been received by the insurance carrier, the underwriters will then be able to make a determination regarding your insurance coverage, as well as about a premium cost for your life insurance policy.
How Much Will Your Coverage Cost If You Have Ventricular Arrhythmia
The cost of any life insurance policy will be dependent upon a number of different factors. These will include the type and the amount of the coverage that is being purchased, as well as the age and gender of the applicant. In the case of someone who is applying for life insurance with ventricular arrhythmia, it can also depend on how long you have had your condition, as well as the severity of your condition.
What many people may also not realize is that, even though all life insurers have some manner of evaluating their applicants for coverage, not all companies are identical. So, what may cause someone at one insurer to be declined, may be considered perfectly acceptable at another. With that in mind, it is important to work with an agency that is familiar with higher risk insurance cases.
What If You Don’t Qualify for Medically Underwritten Life Insurance Coverage
For those who don’t qualify for medically underwritten life insurance, there are still options available. These come in the form of no medical exam life insurance. As the name implies, there is no medical examination required as a part of the underwriting process – and because of this, it can allow many people who may have certain types of health issues to be qualified for the coverage.
Because those who apply for no medical exam coverage are typically considered to be riskier to the life insurance carrier, the premium that is charged for this coverage is usually higher than that of medically underwritten life insurance. However, a no medical exam policy could provide you with the option of providing the life insurance protection that you and your loved ones need.
Where to Get the Best Premium Quotes for Life Insurance with Ventricular Arrhythmia
Because all life insurance companies can underwrite their applicants in a slightly different manner, it does tend to get a bit confusing regarding which may be the best insurance carrier for you. This is especially the case if you have a health condition like ventricular arrhythmia and are trying to obtain coverage.
This is why it is typically best in these types of situations to work with a company or an agency that has access to more than just one life insurance carrier. That way, you will be partnered with an ally who can point you in the right direction from the very beginning of the application process.
When you are ready to move forward, we can help. We work with many of the top life insurance carriers in the marketplace today, and we can assist you in getting all of the relevant information that you require for making an informed purchase decision. So, if you are ready to being the process of finding the right coverage for you and your particular needs, get your first set of quotes by filling out the contact form on this page.
Should you find that you still have any questions regarding finding life insurance with ventricular arrhythmia – or even if you just have a question or concern about life insurance in general – please feel free to call us directly. We can be reached by phone, toll-free, by dialing 888-229-7522.
We understand that the purchase of life insurance can sometimes feel a bit overwhelming. This is especially the case if you have a condition such as ventricular arrhythmia, and you have been turned down for coverage in the past. But, the good news is that today, you have many more options that are available to you. So, don’t leave your loved ones future financial security to chance. Contact us now – we’re here to help.