Life Insurance with Coronary Artery Disease (CAD)
If you’re looking to purchase life insurance with Coronary Artery Disease as a pre-existing condition, then you’re in the right place.
Coronary artery disease is also referred to as coronary heart disease, CAD, atherosclerosis or arteriosclerosis. This disease is narrowing of your arteries that carry nutrients and oxygen to your heart muscle, which effectively pumps blood through your heart. When the plaque builds up, your arteries narrow, which decreases the blood flow to your heart, causing chest pain, shortness of breath, or even a heart attack.
If you have been diagnosed with CAD, you are typically going to be viewed as a high-risk individual. Since this condition is the leading cause of death in both males and females, it is taken seriously by insurance companies. Therefore, when applying with a company, it is going to take some time to receive an approval. Also, you should expect to pay a higher premium for your insurance coverage.
Your ability to qualify for life insurance will come down to the severity of your heart disease, how your condition was treated, and how compliant you are following your physician’s directions about taking medications and having regular check-ups.
How CAD may affect your life insurance rates
- Age of diagnosed: If you have been diagnosed before age 50 because you had a blockage or even a heart attack, your rates will be typically higher. Age onset and family history are very important to the underwriters.
- Did you have a triggering event? Heart attack, angina, aneurysm, cardiomyopathy? If so, what is the degree of damage that has already occurred to your heart?
- How many vessels were involved? If you had a single vessel, you would be considered mild condition. If you have had multiple vessels or a recurrence this, it would be considered a chronic condition.
- Did you have any surgeries? If so, what did type of surgery? Angioplasty w/stent or coronary bypass w/grafts?
- What was your ejection fraction? Ejection fraction is a measurement of the percentage of blood leaving your heart each time it contracts. You can find this on your last stress test. A majority of companies want to see a most recent stress test within the last two years. If you haven’t had one, then make sure you schedule one before you apply for coverage.
- List of all medications and dosages.
- Other risk factors: high blood pressure, cholesterol, obesity, smoking, lack of exercise, and diabetes.
What are my next steps?
If you are looking for coverage, we can help! Since you have taken proactive steps for a healthier lifestyle, this can only improve your chances of receiving the best possible rate when applying for your life insurance.
As we have discussed previously, not all insurance companies are going to look at your coronary artery disease the same. When choosing the right insurance company, you will want one that is going look more favorably toward your condition to assure that you will receive the best rate possible for your life insurance coverage.
Our goal is to remove the worry and frustration from our clients and provide the peace of mind that their loved ones are protected.
We regularly work with individuals who have coronary artery disease. We can help you with your application and assist in matching you with the best companies for your medical condition.
If you’re interested in receiving a quote, please feel free to contact us today by calling 877-817-2583 or completing the form on our website. We will look forward to assisting you with your life insurance needs.