Trying to obtain burial insurance with angina can be stressful, and stress is the last thing you need when you have heart disease. Chest pain can have a significant effect on your life insurance eligibility. In fact, many life insurance companies will charge a higher rate or even decline your application if you are taking medications for angina.
If you have a history of angina, there is still a good chance of being approved for burial insurance at a reasonable rate. We at Funeral Funds will help you obtain the most affordable coverage. We will also make sure that your life insurance journey will be as easy as possible.
If you have angina and you are considering applying for burial expense policy, keep reading to learn what to expect. We will show you all you need to know about burial insurance with angina. The information below will give you an overview of angina burial insurance underwriting and how to get the best rate possible.
If you are taking nitroglycerin to treat your angina, please call us at (888)862-9456, and we will discuss your options. Taking medication for angina may impede your ability to qualify for life insurance. We will inform you which companies are your best option with your condition.
WHY DO BURIAL INSURANCE COMPANIES CARE ABOUT ANGINA?
Angina or angina pectoris is a type of chest pain or discomfort caused by reduced blood flow to the heart. It is not a disease but a symptom of coronary artery disease.
Angina is not a life-threatening condition, but a person experiencing it has a strong indication that he has some type of heart disease; this is an important concern to life insurance companies as the following statistics indicate.
As of 2015, the following figures show the significance of Angina:
- Heart disease is the leading cause of death in the U.S. About 630,000 die from heart disease every year.
- 1 in every 4 deaths is from heart disease. Every 40 seconds someone in the U.S. had a heart attack and more than one person dies from a heart disease-related event every minute.
- More than 200,000 women die from a heart attack each year, which is five times as many women as breast cancer.
- More than 8 million women have a history of angina/heart attack
- 5 million Women will suffer angina.
WHAT TYPES OF ANGINA DO THE INSURANCE COMPANIES WORRY ABOUT?
The most common type of angina is stable angina which occurs as a result of the heart working harder than usual. It is usually triggered by physical exertion like when you exercise or walk, climb stairs.
It’s hard for the heart muscle to get enough blood when the arteries are narrowed. Other factors like cold temperature, heavy meals, smoking, and emotional stress can narrow the arteries and trigger angina.
Stable angina usually occurs when you have physical exertion, but it goes away when you rest. For example, angina is the kind of pain you feel when you walk uphill or in the cold weather.
The chest pains can last a few minutes and can be relieved with angina medication like Nitroglycerin. A nitroglycerin prescription within the last two years will be looked at seriously by most insurance companies resulting in a recommendation for guaranteed issue burial insurance.
Angina has a regular pattern and can be predicted to happen over months or years. The presence of stable angina may increase your risk of a future heart attack.
Unstable angina can be caused by blood clots that block the blood vessels of the heart. If fatty deposits in blood vessels form a blood clot or ruptured it can reduce blood flow through a narrowed artery, thereby, decreasing blood flow to the heart.
If the blood flow doesn’t improve, the heart is deprived of oxygen, and a heart attack occurs.
Unstable angina does not have a regular pattern which is concerning to insurance companies. It can occur even when you are resting.
This condition is less common and more severe because medication and rest do not relieve it. Unstable angina signals a future heart attack within a short-time usually within hours or weeks. Unstable angina is dangerous, and it requires emergency treatment.
Prinzmetal or Variant angina is caused by a spasm in a coronary artery where the artery temporarily narrows. The temporary narrowing of the artery reduces blood flow to the heart and causes chest pain.
The pain can be serious and usually occurs between midnight and early morning. It can be relieved by medicine.
This type of angina is rare and can occur at rest without any underlying coronary artery disease. Smoking, emotional stress and the use of illegal drug cocaine can trigger this type of angina.
OTHER FACTORS THAT MAY INCREASE YOUR BURIAL INSURANCE RATES
Angina typically occurs in males over the age of 40 and women over 55, and in people with other recognized cardiovascular risk factors like:
- Tobacco use
- Other major illnesses
Lower burial insurance premiums can be achieved by having a healthy lifestyle and by treating other related conditions that contribute to symptoms of angina and other health conditions.
To get better life insurance rates with angina, eat healthfully, be physically active, quit smoking, and learn how to handle stress properly. Also, get proper treatment for high blood pressure, high cholesterol, diabetes, and obesity.
CAN YOU QUALIFY FOR BURIAL INSURANCE WITH ANGINA?
YES. It is definitely possible to get burial insurance with angina. We will help you get it. The time to start looking for burial insurance with angina is now.
If you’re wondering if there is affordable burial insurance when you have angina…here’s the good news!
We will show you how you can obtain affordable burial insurance with angina. If you have a mild case of angina, then you have a chance to qualify for a level death benefit. If, however, your angina is severe and you are under 40 years old, a guaranteed issue life insurance is your only option.
As you can see, there are a few different possibilities for angina patients.
Have you been denied coverage before because of angina?
If you have applied for final expense insurance with angina and been denied before, you may still be able to get an insurance policy depending on your specific situation. In some severe cases, you can qualify for a guaranteed issue plan.
Those battling severe angina may need to consider choosing guaranteed issue life insurance from among the top 10 final expense insurance companies.
Your best chance of getting coverage is to work with an independent insurance agency. In some instances, you may have applied with the wrong insurance company with a pre-existing condition like angina.
We know the best insurance carriers that are more lenient when it comes to angina, we will match you with them. We will look at every company and let you know what your best options are.
Do you know what’s really cool? You don’t have to undergo a medical exam when you apply for a burial insurance policy. You don’t even have to provide medical records. You will only need to answer some questions about your health.
UNDERWRITING BURIAL INSURANCE WITH ANGINA
The underwriting of angina is similar with each company. Every burial insurance company will ask about angina or chest pain on their health questionnaire. Additionally, they will look at your prescription history to check for angina medications.
- They will ask about angina
- They will ask about angina treatment and medication
Health Questions For Angina Burial Insurance
Questions about angina are always tied to a specific period of time. You can see the question asked this way:
- Have you had or been treated for chest pains within the last 12 months?
- Have you been treated for angina within the last two years?
We will discuss your policy options based on your answer to these questions.
MEDICATIONS USED TO TREAT ANGINA
Insurance carriers will need a full list of medications you take for your health conditions because some drugs can cause coronary artery spasms.
If your angina is caused by coronary artery disease, the company will want to know all of the cardio-related medicines you are taking, such as blood pressure medications and statins.
Here is a list of various chest pain medications that may be prescribed for angina management:
- Isosorbide Mononitrate
The insurance companies will want to know if your doctor has prescribed any medications to control your pain from angina. If any of these drugs appear on your prescription history check, you will be classified as an angina patient.
The filling of this prescription medication indicates treatment.
If you’ve been taking any of these medications within the last 12-24 months, you will be placed in a higher risk category by most of the insurance companies. You will need to endure a waiting period and pay more in premiums.
We know insurance carriers that are more accepting of these medications. If you have been taking any of these medications for more than two years, almost all burial insurance companies will not take it against you.
POLICY OPTIONS FOR PEOPLE WITH ANGINA
If you have or been treated for Angina in the last 12 months
If you experienced angina within the previous 12 months and you are receiving treatment for this condition, it’s impossible for you to qualify for a plan with immediate coverage. You will need to endure a two-year waiting period, and your coverage will cost more compared with healthy individuals.
If you have angina within the last 12 months, a guaranteed issue life insurance plan is your best life insurance option. Having angina is dangerous because it can be a precursor to a heart attack or other heart diseases like TIA or stroke. For this reason, burial insurance companies classify you in a higher risk category that warrants a higher monthly premium and a waiting period.
GUARANTEED ISSUE LIFE INSURANCE
Guaranteed issue life insurance policies are smaller whole life insurance that is not going to require an angina applicant to take a medical exam or answer health questions in order to qualify.
If you’ve been denied coverage before, as long as you’re a U.S. citizen and you are between the ages of 50-85, you can qualify for a guaranteed issue life insurance policy.
Guaranteed issue life insurance has a fixed monthly premium. It will never increase due to increasing age or worsening health condition. The death benefit is also fixed, and your beneficiary will receive the full face amount when you pass away. The policy is good for life and cannot be canceled by the insurance company.
The only problem with guaranteed issue life insurance is that it has three significant drawbacks. So let’s take a look at those drawbacks to make you aware of the policy before you purchase it.
If you have or you’ve been treated for Angina within the last 24 months
If you have angina or any heart-related surgery like stent placement, angioplasty, heart bypass, heart valve surgery and heart transplant in the past 12 to 24 months, then your burial insurance options get better. There are burial insurance companies that only ask about angina within the last year.
If it’s been over a year since your previous angina, you could qualify for a level death benefit or a graded death benefit which partially covers you from the first day of purchasing the policy.
Graded death benefit
The graded death benefit is also known as partial coverage. It is the next best death benefit option if you are not healthy enough to qualify for immediate coverage.
The graded death benefit works this way. If you purchased a $20,000 death benefit and you pass away during the first year of the policy, your beneficiary would receive 35-40% of the benefit amount.
If you die in the second year, the policy will pay out 75-80% of the benefit.
After the third year, your beneficiary will receive the full amount. Not all burial insurance company offers this type of death benefit, but we know those who do.
If your Angina and treatment were over 2 years ago
Almost no burial insurance companies will ask about angina beyond the two-year mark. If your angina falls under this category, every burial insurance company will offer you level death benefit. You will pay the same price as a healthy person without your condition.
Level death benefit
If your angina was over two years ago, you can qualify for immediate full coverage. It is the best burial insurance you can be eligible for where you are fully covered from the first day, and there is no waiting period.
If you die a day after you purchased the policy, your beneficiaries will receive 100% of your death benefit. The level death benefit has the highest percentage of benefit and always the one we try to get for our clients.
If your Angina was more than 2 years ago, but you still take Angina medications like Nitroglycerin or Amyl Nitrate
If you’re still taking angina medications even after your last chest pain was more than two years ago, you will be put in the highest risk category just like your angina was very recent. However, some angina medications will still qualify you for a level death benefit without a waiting period.
If you are only taking Isosorbide Dinitrate or Ranexa for Angina and you have no chest pains within the last two years, we can get you qualified for immediate coverage. It means you are protected from day one, and you will pay the lowest price possible.
FINDING AFFORDABLE BURIAL INSURANCE WITH ANGINA
To find the best burial insurance with angina, you should work with an independent insurance agency like Funeral Funds that has access to many final expense insurance companies. We will use our extensive knowledge in underwriting to make recommendations customized to your needs.
If you are looking for burial insurance, but want to make sure you apply to the right company, call us, we can help you. We have helped many patients with complicated issues like angina find angina friendly life insurance companies that look at their medical condition favorably.
If you have angina and looking for a burial insurance policy with a level death benefit that starts on the first day and the premium never goes up for the life of the policy then you should contact us at (888) 862-9456 or use our instant quote form to begin your online search.
HOW CAN FUNERAL FUNDS HELP ME?
Trying to find a policy with angina needn’t be a frustrating process, but working with an independent agency like Funeral Funds will make the process easier and quicker.
If you have a health history with angina, let us help you; we will work with you side by side to find a plan that fits your needs.
We will work with you every step of the way to find the plan that fits your financial requirements and budget. You need not waste your precious time anymore searching for multiple insurance companies because we will do the dirty work for you.
We will shop your case to different insurance carriers and get you the best price.
We work with many A+ rated insurance carriers that specialized in covering high-risk clients like you. We will search all those companies to get the best rate. We will match you up with the best burial insurance company that gives the best rate.
We will assist you in securing the coverage you need at a rate you can afford. So, if you are looking for funeral or burial insurance with angina in your medical history, we can help.
Fill out our quote form on this page or call us at (888) 862-9456 and we can give you an accurate quote.