If you’re looking for burial insurance with a defibrillator, you need to keep reading. With so many people using defibrillators, there are millions of people who need affordable burial insurance.
The insurance companies know that heart diseases are life-threatening and can cause sudden cardiac problems or death.
A defibrillator is a battery-powered device implanted in the chest that reduces the risk of heart attack by monitoring the heart continuously and once an abnormal heart rate is detected, defibrillator corrects the abnormality through an electrical signal thereby restoring normal heart rates.
Over the years, we have helped many clients with defibrillator obtain burial insurance. We will also help you find affordable burial insurance regardless of your condition. Funeral Funds has sufficient experience helping defibrillator patients’ secure affordable burial insurance.
In this article, we will show you how burial insurance carriers underwrite applicants with a defibrillator implant, what policy options are open for you, and how you can obtain the best burial insurance with a defibrillator.
FOR EASIER NAVIGATION:
WHY DO INSURANCE COMPANIES CARE ABOUT MY DEFIBRILLATOR?
If you have abnormal heart rhythm, the defibrillator will deliver an electric shock to your heart muscles. It will restore the normal rhythm of your heart. Newer defibrillators have a pacemaking capability included in the device to help with atrial fibrillation or heart arrhythmia.
A defibrillator has a number of benefits such as:
- It continuously monitors heart rhythms
- It restores normal heartbeats
- It corrects fast heart rates
- It provides protection and serves as a lifesaving device
- It prevents the risks of cardiac arrest
- It gives peace of mind to the patients and their primary caregivers
It may not be easy, but as long as you can show improvement in your overall health, getting burial insurance with a defibrillator is not impossible.
If you want a burial policy and you have issues regarding your heart, the good news is that you would still be able to get the coverage you want at an affordable price.
WHAT TYPE OF DEFIBRILLATOR DOES THE INSURANCE COMPANY CARE ABOUT?
Defibrillators can prevent sudden death to people who have a high-risk arrhythmia. Once arrhythmias are detected, defibrillators will send a shock or pulse to restore a normal rhythm.
There are three types of defibrillators, and each type works by checking irregular heart rhythms, but implantable cardioverter defibrillator is the type that most life insurance carriers care about.
As implantable cardioverter defibrillator (ICD) is also is also called automatic internal cardiac defibrillator.
ICD’s are implanted directly into the patient’s chest or abdomen to protect them from sudden death. These devices constantly monitor heart rhythm, similar to a pacemaker, and can detect ventricular fibrillation, supraventricular tachycardia, ventricular tachycardia, and atrial fibrillation.
When there is an abnormal rhythm, ICD automatically determines the voltage of the shock to restore cardiac function.
CAN I GET BURIAL INSURANCE WITH A DEFIBRILLATOR?
Here’s the good news. Yes, it is possible to qualify for burial insurance, funeral insurance, cremation insurance, and final expense insurance coverage with a defibrillator implant to correct your heart rhythm.
Having a defibrillator does not mean you will have high burial insurance premiums. The truth is, you can quickly get an affordable burial insurance plan.
Some burial insurance companies don’t even ask about a heart defibrillator implant. Since they don’t ask about it, it is a non-issue to them. A heart defibrillator will basically have no effect on the underwriting process.
While it’s true that some companies will look at you and your defibrillator implant as a high risker risk applicant, we work with some carriers that do not care about your defibrillator.
If you are wondering if you need to take a medical exam or provide doctors’ records, you don’t need to.
We are happy to inform you that this is not necessary! No burial insurance policy will require you to take a medical exam or provide blood and urine samples. There are only health-related questions to answer. Sometimes, you don’t even have to answer health questions.
When applying for a burial insurance policy with any of our carriers, you will not have to submit to a medical exam.
You can also keep your premium cost down by working with our agents who specialized in high-risk burial insurance; doing so will increase your chances of finding the most affordable insurance coverage.
WHAT INFORMATION WILL OUR AGENT ASK YOU IF YOU HAVE A DEFIBRILLATOR?
You must tell us if you have a defibrillator implant. Once we know of your defibrillator, we will ask you some specific questions to determine if your defibrillator implant will have any effect on your application. Our goal is to match you with the carrier that will look at your condition favorably.
Here are some questions we have for you:
- When was your ICD installed?
- Why do you need a defibrillator?
- When was the last time you had a battery change?
- What other health conditions do you have?
- What prescription medications do you take and for what condition?
Answer each question honestly to help your agent determine what policy is right for your medical condition. Once we gather your information, we can start shopping your case with multiple life insurance carriers to help you find the best that offers the lowest rates.
Some insurance agents having less experience in high-risk life insurance would directly send your application to their principal insurance company or maybe several companies. This is the wrong way to go because it could ruin your chances of getting an affordable plan. If your application is declined, it will show up in the MIB (Medical Information Bureau) file and hurt your chance for a future application for coverage.
The correct way to shop for burial protection is to work with a special risk agency like Funeral Funds that will gather your information and speak to the carriers directly about your case. Once we evaluate your information, we will provide you with offers from the different carriers.
UNDERWRITING BURIAL INSURANCE WITH A DEFIBRILLATOR
We are experts who know the different insurance company underwriting guidelines and requirements for burial insurance coverage with a defibrillator implant.
A defibrillator implant qualifies as circulatory surgery. Most burial insurance companies ask about recent circulatory surgery. Most questions center around surgeries within the last 12 months or the previous 24 months. It’s very seldom to see them ask beyond the 2-year mark.
Generally, qualifying for burial insurance or final expense insurance depends on the length of time since your last surgery. If your defibrillator implant is very recent, it may impact your premium, and whether or not you will have a waiting period on your policy.
Once your defibrillator is in place and you are under proper treatment, you may possibly even get full first-day coverage. And if your defibrillator very recent, you can always get a guaranteed issue life insurance coverage regardless of your medical condition.
HOW WILL MY DEFIBRILLATOR AFFECT ME FOR BURIAL INSURANCE?
Defibrillator implanted within the last 12 months
If you had a defibrillator implanted within the previous year, your best option for coverage is a guaranteed issue life insurance. You will have a two-year waiting period and pay a higher monthly premium. Your premium will be about 15 to 30% more compared with a healthy person.
We always try to get our client level death benefit with instant full coverage, but sometimes this cannot happen particularly if your implant is very recent. No burial insurance carrier will offer you first-day full coverage under this circumstance.
Defibrillator implanted between 12 and 24 months
If your defibrillator was implanted between one and two years ago, you have a better life insurance options. Some burial insurance companies will offer you what’s called graded life insurance.
A graded life insurance policy provides partial first-day coverage. You are covered 35 to 40% of your death benefit in the first year. And in the second year, the coverage increases to 70 to 80%. Finally, in the third year, you are 100% covered, and your beneficiary will receive your full death benefit when you pass away.
Additionally, there are select few burial insurance companies that only look back one year on a defibrillator implant. You will qualify for immediate protection and the lowest rates possible since your implant was over a year ago.
Defibrillator implanted over 2 years ago
If your implant is over 24 months ago, you are in the clear. You can easily obtain immediate coverage from dozens of burial insurance companies. Your rates will be comparable to people in perfect health, and you will be fully protected from day one.
Call us at (888)862-9456 if you want to get an accurate quote, and we will be happy to give you a quote.
What about Defibrillator battery changes?
A defibrillator battery change is considered simple outpatient surgery.
Some insurance companies may look at this procedure like a heart or circulatory surgery. These companies will impose a waiting period and charge you with a higher premium if your surgery is very recent.
The good news is, we have burial insurance companies that don’t consider a defibrillator battery change as heart surgery. If your battery change is just recent, we can put you with one of those companies, to be able to get an immediate benefit without the waiting period.
FINDING AFFORDABLE BURIAL INSURANCE WITH A DEFIBRILLATOR
If you have a defibrillator implant the best step you can take toward getting affordable coverage is to ask the assistance of an independent life insurance agency like Funeral Funds that specialize in obtaining coverage for people with this condition.
After your defibrillator implant, improving your health condition by taking your medication as prescribed by your physician and keeping with your doctor visits will help you qualify for the best rates.
To find affordable coverage after your defibrillator implant, you have to contact an independent insurance agency that works with the right type of insurance companies that look at defibrillator more favorably.
We know about the insurance companies underwriting guidelines and requirements for burial insurance coverage with a defibrillator. We will shop your case with multiple companies to match you with the best plan and the most affordable rate. We will do our best to get you the lowest cost coverage for your condition.
So, if you are looking for burial insurance with a defibrillator implant, we can help. Fill out our instant quote form on this page or call us at (888) 862-9456 to get an accurate quote. You can also drop us a message in the chatbox if you have any questions about burial insurance and we will be happy to serve you.
HOW CAN FUNERAL FUNDS HELP ME?
Trying to find a policy with a defibrillator 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 a defibrillator, 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 a defibrillator, 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.