If you are seeking burial insurance with coronary artery disease, we can help. We can help you find the final expense life insurance which works best for you if you had heart failure, heart attack, or heart surgeries.
Instead of trying to figure out what type of burial insurance you can qualify, or how you can apply, let us do the hard work for you.
Even with coronary artery disease, we can find you affordable burial insurance.
Over the years, we have successfully assisted many coronary artery disease patients in securing burial insurance after a heart attack or other heart procedures. We helped them, and we can help you too.
In this article, we are going to outline how you can also find affordable burial insurance with coronary artery disease and what options are open for you if you have this medical condition.
CAN YOU QUALIFY FOR BURIAL LIFE INSURANCE WITH CORONARY ARTERY DISEASE?
YES, you can!
It is possible to qualify for life insurance if you have coronary artery disease. While any heart problems are considered serious, the great news is that burial insurance is available for people with cardiovascular ailments.
With your coronary artery disease under proper treatment, or even when your condition is severe enough that it requires surgery, we can still get you covered.
And you know what’s great?
Burial insurance doesn’t even require you to take a medical exam.
You don’t have to submit blood and urine samples. You will only have to answer some health questions. You can even choose a no-health question policy if needed.
Applying with the life insurance carrier that will approve you for the best rate based on your heart condition, requires working with an experienced independent life insurance agency like Funeral Funds. This way Funeral Funds can shop your case with multiple life insurance companies to get the best price.
We believe that everyone deserves burial insurance coverage at an affordable price. If you or your loved one has coronary artery disease, contact us to help you find the best final expense insurance plan for your needs.
WHY DO INSURANCE COMPANIES CARE ABOUT CORONARY ARTERY DISEASE?
Coronary artery disease or CAD is the most common type of heart disease which is the leading cause of death in the U.S in both men and women. CAD develops when the major blood vessels become damaged. Plaque or cholesterol deposits are usually the cause of coronary artery disease.
CAD can weaken the heart muscle causing angina, heart failure, arrhythmias, and heart attack. This is why life insurance companies are more cautious when approving applicants with coronary artery disease. However, burial insurance coverage may still be available.
Common surgeries performed to treat advanced cases of CAD:
If you have any of these procedures to treat your condition, it is important to remember that when you had the procedure will determine what type of burial insurance you will qualify for.
Some insurance companies will require you to wait at least six months before approving your policy. This is mainly because complications from these procedures frequently develop within six months after the operation. You don’t, however, have to wait that long to get a policy as we can get you covered even if your operation was yesterday.
If you currently have coronary artery disease, the best way to find affordable life insurance coverage is by working with an independent life insurance agency that knows the carriers that will look at your condition favorably.
QUESTIONS TO ASK IF YOU HAVE CORONARY ARTERY DISEASE
We will ask you several questions about your health and lifestyle to determine whether your coronary artery disease is mild or advanced. Your answers to these questions will help us determine which company is the best fit for you.
Some life insurance carriers are much more lenient with applicants with coronary artery disease than other companies. Applying with the right insurance company will save you money and it will significantly increase your chances of approval.
Here are some questions that will help us find you the best plan:
- How old are you when you were first diagnosed with CAD?
- How severe is your coronary artery disease?
- Do you have any symptoms like chest pains or fainting in the last six months?
- What medications are you taking for coronary artery disease?
- What treatment did you take to treat your condition?
- Did you have any surgery or procedure to treat your CAD?
- What other health conditions do you have other than CAD?
- Do you smoke?
If your coronary artery disease is accompanied by other health issues such as diabetes, high cholesterol, and high blood pressure or if you suffered from a heart attack or stroke, you will need to inform us as well. While these conditions won’t disqualify you from getting coverage, it could have a significant effect on how much of a premium you have to pay and if you will have a waiting period.
UNDERWRITING BURIAL INSURANCE WITH CORONARY ARTERY DISEASE
Every burial insurance company that has underwriting (health questions) will want to know about coronary artery disease in some way. They use different health questions, and they are on the lookout for certain medications.
The first and most crucial step is to answer all health questions truthfully. You need to be clear about the dates; if you are unsure do something to find out. The last thing you want to give is a false answer.
There are certain ways final expense insurance companies will ask about coronary artery disease.
- Have you been diagnosed with, or been treated for coronary artery disease within the last 12 months?
- Have you been diagnosed with, or been treated for coronary artery disease within the last 24 months?
In most cases, burial insurance companies will most likely ask about coronary artery disease within the last two years. However, there are few that only look back one year.
PRESCRIPTION HISTORY CHECK
Final expense insurance companies will electronically check your prescription history to see medications for coronary artery disease and other medical conditions. They will check if you had been prescribed medications in the past, if they find any, it will indicate that you had coronary artery disease.
Here’s a list of some medications used to treat coronary artery disease:
- Aspirin or Blood thinners (Coumadin, Plavix or Warfarin)
- Angiotensin-converting enzyme (ACE) inhibitors (Losartan, Candesartan, Valsartan )
- Cholesterol Modifying Medications
- Beta-blockers (Metoprolol, Bisoprolol)
- Calcium channel blockers
- Statins (Atorvastatin, Fluvastatin, Lovastatin, Simvastatin, Pravastatin)
If you are only taking aspirin, the insurance companies don’t care about this medicine use at all.
However, if you’re taking blood thinners to treat arrhythmia or atrial fibrillation, your condition will most likely be seen as more advanced, which may result in a higher premium if you go with the wrong company.
If your coronary artery disease requires you to take blood thinners for the rest of your life, we can still get you approved for coverage, but your premiums may be higher because of the increased risk associated with long-term use of blood thinner; some companies are more restrictive for people taking blood thinners.
If you’re taking nitroglycerin for angina, you will have a hard time qualifying for immediate coverage. With many final expense insurance companies, nitrate medications can cause an immediate decline. However, we have carriers that will still work with you even if you’re taking vasodilators.
WHAT IF I SMOKE?
If you smoke or use any tobacco products, it is always a great idea to quit as soon as possible. Smoking raises your blood pressure and at the same time increases inflammation in the arterial wall. This is a double threat to coronary artery disease because it can also cause your life insurance premium to rise by up to 300%.
MILD CORONARY ARTERY DISEASE
Patients with mild or non-obstructive coronary artery disease have a lower risk of major adverse cardiovascular events and death compared with obstructive disease.
Some treatments for mild CAD can be as simple as eating healthy, exercising, quitting smoking, and reducing stress.
There are also medications used to treat mild CAD such as:
- Aspirin or blood thinners
- Cholesterol Medication
If you’re taking these medications, you will be viewed as taking the necessary steps to live a healthy lifestyle.
Best Option: Modified Plan
If you have mild coronary artery disease, the best option for you is a modified plan or partial-first day coverage. You will be insured from the first day of your policy for a percentage of your death benefit.
A modified plan is a no medical exam policy where you are covered from the first day, but you will be partially covered during the first two years of your policy.
If you pass away within the first year, the payout to your beneficiary is 40% of your death benefit. If you die during the second year, the payout would be 75% of your death benefit. The 100% death benefit will be given if you die in the third year of the policy.
ADVANCED CORONARY ARTERY DISEASE
Advanced coronary artery disease patients require a more aggressive form of treatment.
The most common surgeries performed to treat advanced cases of coronary artery disease are:
- Angioplasty – helps open up the artery to increase blood flow to the heart.
- Bypass surgery – another blood vessel from the body (graft) is placed around the blocked artery to restore blood flow to the heart.
- Stents – small mesh cylinders are inserted into the diseased artery to prevent it from re-closing and to prevent blood clots from forming.
Your burial insurance options will depend on how long ago any of these procedures were performed to treat your coronary artery disease.
Angioplasty, bypass surgery or stents within the last 12 months
If any of these procedures were done on you within the previous 12 months, your best and cheapest option is a guaranteed issue burial insurance.
BEST OPTION: Guaranteed Issue Burial Insurance
Guaranteed issue life insurance does not require a medical exam or health questions to qualify. Your approval is guaranteed even if you had surgery to treat your coronary artery disease. You just need to be a U.S. citizen between the ages of 50 to 85 to qualify.
Guaranteed issue life insurance has a two-year waiting period that you can’t avoid. You will have to wait 2 years before the policy will pay for a natural cause of death. However, if you die from an accident during the two-year waiting period, your beneficiaries will receive your full death benefit.
Why do you need Guaranteed Issue burial insurance if you have advanced coronary artery disease?
When a guaranteed issue life insurance is your best option for coverage.
Because you just had surgery to treat your coronary artery disease, you may be wondering why you need to get a plan if it doesn’t cover you from the first day. We recommend buying this plan because you could have a heart attack that may cost you your life or your health may get worse.
You could also develop other health problems like diabetes or high blood pressure. Or your doctor may prescribe new drugs that are a red flag with most insurance companies.
Any changes to your health will disqualify you for a level death benefit. If guaranteed issue burial insurance is your only option, buy your plan now and start working on your waiting period as soon as possible. Postponing your application now is not a wise decision.
If angioplasty, bypass surgery or stents was performed over 12 months ago but within the last 24 months
In this case, there are insurance carriers that only look back one year on surgeries and will offer you their lowest price and immediate protection. There are just a few companies that look back 12 months; we know these companies, and we will try our very best to get you approved with any of them.
BEST OPTION: Level Death Benefit
Some burial insurance companies wouldn’t care about angioplasty, bypass surgery or stents if it was more than one year ago. Level death benefit has instant coverage effective on day one.
This plan is the cheapest burial insurance option with no waiting period. The insurance carrier will pay the full death benefit to your beneficiary even if you die after you get your policy.
If angioplasty, bypass surgery or stents was performed over two years ago
BEST OPTION: Level Death Benefit
If your circulatory surgery occurred two years or greater, most carriers would offer you their lowest price and level death benefit. You will be considered as if you are in perfect health and never had surgery at all.
WHAT IF YOUR APPLICATION WAS DENIED BECAUSE OF CORONARY ARTERY DISEASE?
The truth is many high-risk life insurance cases like coronary artery disease are declined for coverage. Often times, applying to a wrong company may cause your rejection, and this is when an independent life insurance agency like Funeral Funds can help.
HOW CAN FUNERAL FUNDS HELP ME?
Trying to find a policy with a coronary artery disease needn’t be a frustrating process; working with an independent agency like Funeral Funds will make the process easier and quicker.
If you have a health history of coronary artery disease, 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 don’t have to 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 coronary artery disease funeral insurance, or coronary artery disease burial insurance, or coronary artery disease life insurance, 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.