Choosing the best life insurance provider after a heart attack depends on who you work with. Overall, just a small number of carriers focus specifically on heart attacks, while the majority don’t!
Before suffering a heart attack is the ideal time to purchase burial insurance. A heart attack or other heart ailment can increase a person’s risk of dying by 20%.
It might be time for you to purchase burial insurance if you are in your fifties and haven’t already.
Burial insurance can offer comfort in knowing that, in the event of an emergency, funds will be available for final expenses and funeral arrangements.
It is unnecessary to worry about what would happen if they passed away because they have purchased this kind of protection and are aware of what will occur next.
The Truth About Burial Insurance After a Heart Attack
“One of our top questions,
Does life insurance cover heart attack?
What you need to know, NOW!”
After a heart attack, is life insurance still available?
If you are looking for “burial insurance after heart attack,” you probably put this off for too long and have now kicked the can down the road.
You may even believe that it is impossible for you to buy a funeral insurance coverage. In actuality, you can only receive it when you really need it! Most pre-existing conditions also do this!
After two heart attacks, is life insurance still reasonably priced?
I have some OUTSTANDING NEWS! You may! Therefore, the final cost will be covered!
In actuality, a simplified underwritten policy is burial insurance (AKA Whole Life insurance after a heart attack).
Life Insurance After Heart Attack
A funeral insurance plan is typically authorised the same day, unlike term life insurance. Again, the length of time since your heart attack will determine the type of policy you are eligible for.
The three forms of coverage are as follows:
- Guaranteed Issue Level
- Benefit Modified
- Graded Benefit
What health issues have an impact on life insurance?
This is what this essay will cover. Your fee will depend on the level of burial insurance you choose, sometimes referred to as funeral insurance or insurance for the afterlife.
After a cardiac attack, you could occasionally develop an arrhythmia or cardiomyopathy.
Can You Purchase Burial Insurance After a Heart Attack
As we already stated, YES, YOU CAN! APPROVED SAME DAY!
You can still get a burial insurance coverage even if your application for life insurance was turned down.
Now, whether or not there will be a waiting time will depend on how long it has been since the heart attack.
When you apply for life insurance or burial insurance, various health-related questions will be asked of you. They might also inquire about your pacemaker.
To find out if there are any further health problems. There won’t be a medical examination!
This will establish the kind of coverage you are eligible for.
After reviewing the life insurance quote, you will be given a choice of which burial or life insurance companies will assume the risk.
How Long Will I Have To Wait For Burial Insurance After a Heart Attack
Can a person with a pre-existing ailment purchase life insurance?
When dealing with the appropriate agent, everything will be different.
Dealing with an agent that specialises in burial insurance is essential if you want to get accepted for life insurance or burial insurance and get the best life insurance prices.
Can someone with a stent purchase life insurance?
The knowledge of each carrier’s specialties is crucial, above all. To obtain a level-benefit burial policy, the majority of carriers will ask you to wait more than two years. What if you only had one stent, though?
What if you are receiving treatment for a heart attack that just occurred? What about a defibrillator?
In that case, the only policy would be a guaranteed issue with no inquiries necessary. These insurance policies have a 2-year grading period.
This means that all premium payments will be repaid + 10% if you pass away from a “Illness” within the first two years.
However, this insurance will start out covering unintentional death. In actuality, our preferred carrier for this goods also provides living advantages. Once again, 100% of the death benefit will be paid when the two years are up.
After a heart attack, burial insurance underwriting: what you should know right now!
Does insurance cover heart attack?
When it comes to underwriting for burial insurance after a heart attack it’s nice to know there will be no medical exams!
In addition, no stress tests or medical records will be requested unlike some term life insurance carriers will demand.
Nope, it’s a simple prescription check and answers to health questions like have you been diagnosed with CHF.
Now depending on which carrier you will go to will determine the qualifying questions that will be asked.
Here is a great example of one of our go-to carriers and the qualifying questions they will ask:
Best Life Insurance After A Heart Attack
Liberty Bankers Life’s final expense has 3 parts of their application to see which product you may qualify for before rates are shown. We are picking Liberty Bankers Life because they are amongst the top rates for burial insurance and have very liberal underwriting with three qualifying products.
A client will often be accepted at the normal charge! This denotes a proactive policy from the start!
Here is an example of a 70-year-old man who had a heart attack and was looking for a $10,000 burial coverage.
Best Burial Companies After Heart Attack
The agent you hire is just as crucial when selecting a funeral business for coverage as the provider.
Because they lack understanding, the majority of agents you speak with will either tell you that you cannot obtain coverage or offer you a guaranteed acceptance policy.
Overall, they are taking a chance with the client’s money, which is irresponsible in my opinion.
Having said that, it should be more important to consider the success of accomplishing the aim than to be overly picky when a customer purchases burial insurance following a heart attack.
Therefore, we provide the three best solutions for heart attacks and make it simple!!
The rates below are for burial insurance for a 70-year-old male.
AIG Burial Insurance
Having experienced a heart attack within the last 12 months, let’s start with the worst case scenario. If so, you will receive a graded term of approval with a guarantee of acceptance.
AIG is our go-to carrier. They provide the best GI product because it has living benefits and can be applied for over the phone in under five minutes.
Below is a sample quote for burial insurance.
Sentinel Security Life Final Expense
Sentinel Security Life would be our choice if it has been between one and two years since the heart attack.
Because they will provide a modified policy with a return of premium for their graded insurance or a modified policy with 30% of the death benefit paid over the first two years.
For their level benefit, they also have a very attractive rate after two years.
Additionally, if it has been more than five years since your Nitroglycerin prescription, they will view it as maintenance rather than a treatment. They will actually approve the policy, whilst other carriers will reject it immediately.
Liberty Bankers Life Final Expense
If you suffered a heart attack, could you still acquire life insurance?
The life of Liberty Bankers will be the best-case scenario. If they were accepted at a Standard/Preferred rate after two years.
Additionally, they have a terrific voice signature tool. Within 30 minutes, this voice signature application will be approved and operational!
Yes, 30 minutes without using any paper!
Getting Life Insurance After A Heart Attack
Who Should Purchase Whole Life Insurance After A Heart Attack Getting Life Insurance
If it has been more than two years since your heart attack and you’re seeking for reasonably priced burial insurance, I recommend sticking with Liberty Bankers Life.
With the aforementioned example, AIG guaranteed issue coverage is more affordable, therefore you might want to take that into consideration. But you must be certain.
Always hire a seasoned burial insurance agent. We at BestBurialPolicy.com are specialists in helping you find the coverage that best suits your needs.
Please call us at 855-380-3300 to reach me, Daniel Ray.
You can purchase burial insurance at any time. If you’re searching for new life insurance, ask your agent about include death benefits to shield your loved ones from suffering financially in the event that something were to happen to you.
You might be shocked at how affordable this coverage can be and how easy it is to qualify for it without even having to have a physical exam. Call us right away for additional details!