Burial Insurance after a Heart Attack (2024 Update)
last updated on July 25, 2024Finding a burial insurance company that covers heart attacks and won’t break the bank feels like searching for a unicorn with a platinum credit card…but there is hope if you hang around with the right insurance people!
Burial insurance covers it all – burial, cremation, final expenses, funeral costs, or leaving a financial legacy.
If you prefer to keep reading, we’ve got more details on burial insurance for those with COPD. Alternatively, you can fill out our quote request form for immediate assistance and pricing information.
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What Is Heart Attack?
Heart attacks (also called myocardial infarctions), ane a serious emergency where your heart muscle gets starved of oxygen due to a blood flow roadblock. No oxygen means the heart muscle as about to make you take a permanent break from life.
The culprit? Usually, coronary artery disease (CAD). It’s a thick fatty plaque that clogs up your heart’s highways, slowing down blood flow and causing chaos.
Treatment? Depending on how badly your heart’s been clobbered – it could mean meds to dissolve clots, artery-opening procedures, and a lifestyle overhaul to keep future heart attacks at bay.
Can I Get Burial Insurance After A Heart Attack?
Absolutely! Whether it’s life insurance, cremation coverage, burial, or final expense plans, there’s a plan for you – even after a heart health hiccup or two. The catch? It all boils down to how long ago your ticker took a hit and how serious it was.
Here’s the scoop on your options:
- Level Coverage: It’s like VIP treatment for your final journey. Get this if your last heart episode was over 12 months ago. No waiting games here – your loved ones get the full insurance payout when you’re gone.
- Guaranteed Issue Life Insurance: If your heart’s still on the mend (less than 12 months since the incident), this is your golden ticket. There are no health questions or exams—just coverage, albeit at a higher cost.
Got other health issues? No sweat at all! Guaranteed issue burial insurance has your back, no matter the medical mess you or your heredity has caused.
Just a heads-up: for the first two years, there’s a waiting period for natural causes. But hey, if you check out early, they’ll cash out your premiums with interest to your closest family peeps.
What Is My Best Insurance Option After A Heart Attack?
Your heart attack was over 12 months:
We can help you get approved for life insurance with first-day coverage if your heart attack is over a year old and you have no other serious health issues.
Your last heart attack was over 24 months ago
Now, if it’s been over 24 months since your ticker’s last hiccup? Even better! Most insurers give you the green light for best level 1st-day coverage death benefit plan. Take your pick and snag those sweet rates.
Recent heart attack (less than 12 months)
So, have you had a heart hiccup in the last year? With some companies, getting first-day coverage is no problem if you live in the right zip code.
If not, it means you’re in for a waiting game. For those recent heart dramas – 12 months or less – your go-to move is snagging a guaranteed issue, no medical exam policy. It’s pricier than the norm but guaranteed to have your back, heart attack and all.
MULTIPLE HEART ATTACKS
Your multiple heart attack is more than two years ago
Now, if you’ve had the misfortune of multiple heart attacks, you’re in the high-risk lane. But, if it’s been longer than 2 years, and you’re not on certain medications, you can still get into the level death benefit VIP club.
Recent multiple heart attacks
Best Option: Guaranteed Issue Burial Insurance
But if it’s been a storm of heart troubles recently, don’t sweat it – go for that guaranteed acceptance policy. No questions asked, just coverage where you need it most.
Remember, your heart’s been through a lot, but insurance? We’ve got options as fierce as your recovery game.
WHAT IF MY APPLICATION WAS DECLINED?
So, you hit a dead end with your life insurance app? It’s like a bad mark on your record that even your future premiums might feel. But no worries! If your heart’s the reason for the “no-go,” we’ve got your back.
Here’s the deal: team up with a savvy crew like Funeral Funds (that’s us!), where we act like an independent life insurance matchmaker.
We’ll comparison shop with multiple carriers to land you the sweetest deal. Because when insurance companies give you a decline, we give you options.
BURIAL INSURANCE, SMOKING, AND HEART ATTACK
Listen up, smokers: your life insurance premiums are more spendy compared to the non-puffers. Why? Because that nicotine ramps up your risk for heart disease.
According to the CDC, you’re looking at a mortality rate three times higher than the smoke-free peeps.
Bottom line? Your habits hit where it hurts – in your wallet and your health.
Why Insurance Companies Care About Heart Attacks
In the U.S., heart attacks are like a drumbeat – boom, one every 40 seconds. It’s the heavyweight champ of causing people to die early, claiming a third of all lives lost due to health problems.
The CDC says there are over 730,000 heart attacks a year. Most survivors bounce back strong, but watch out – 20% of folks 45 and up might get a sequel within five years.
Burial Insurance Underwriting If You Have a History of Heart Attack
Most burial insurance companies (not all, mind you) will throw some health questions your way. They’ll also snoop around your prescription history to check out your health status.
HEALTH QUESTIONS ALERT
Every insurer’s got their own spin on asking about heart attacks. Brace yourself for questions like:
- Have you been diagnosed or treated for a heart attack within the last 12 months?
- Have you been diagnosed or treated for a heart attack within the last 2 years?
Most burial insurance companies ask about heart attacks within the last two years. Only a handful will have a one-year look-back period on a heart attack.
PRESCRIPTION HISTORY CHECK
Insurance companies aren’t just asking questions – they’re virtually peeking into your medicine cabinet. If you’ve been popping pills like Coumadin, Warfarin, or Plavix, they’ve got your health pretty much figured out.
These meds are pretty much a neon sign saying ‘heart attack survivor’ to insurers. They’ll comb through your prescription history looking for medications like this.
Check out this lineup of meds for heart attack:
- Aspirin
- Digoxin
- Thrombolytics
- Antiplatelet agents
- Blood-thinning medications
- Pain relievers
- Nitroglycerin
- Beta-blockers
- ACE inhibitors
- Statins
- Vasodilators
- Warfarin
Taking blood thinners? Get ready, because some insurance companies will make you jump through hoops for an approval.
If nitroglycerin or angina are part of your daily drama, getting instant coverage might feel like trying to land a starring role in ‘Mission Impossible.’ And those nitrate meds can be an automatic rejection from many burial insurance companies.
If you’re on lifelong blood thinners from a past heart attack, we can still make things happen – but expect a 20-30% hike in your premiums. Hey, longevity comes at a price, right?
How Much Does Life Insurance Cost After A Heart Attack?
Your age, gender, where you call home, whether you’re puffing those cigarettes, and which policy you’re eyeing all affect the price tag.
Here’s a pricing example for a sassy 60-year-old female who have had a heart attack:
| INSURANCE COMPANY | PREMIUM FOR $10,000 |
|---|---|
| CICA Life Superior Choice – 1st-Day Coverage | $47.25 |
| Colonial Penn – GI – 2-Year Wait | $49.75 5 units |
| Gerber Life – GI – 2-Year Wait | $51.06 |
| Lincoln Heritage – Modified – 2-Year Wait | $96.80 |
| Mutual Of Omaha – GI – 2-Year Wait | $42.70 |
Here’s a pricing example for a vigorous 60-year-old male who have had a heart attack:
| INSURANCE COMPANY | PREMIUM FOR $10,000 |
|---|---|
| CICA Life – Superior Choice – 1st-Day Coverage | $53.09 |
| Colonial Penn – GI – 2-Year Wait | $59.70 6 units |
| Gerber Life – GI – 2-Year Wait | $63.89 |
| Lincoln Heritage – Modified – 2-Year Wait | $114.14 |
| Mutual Of Omaha – GI – 2-Year Wait | $56.90 |
What Will We Ask You If You Had A Recent Heart Attack?
Applying for burial insurance after a heart attack means we need the lowdown on your health history.
Here’s what we’ll chat you about:
- How many heart attacks did you have?
- When was your last heart attack?
- What medications do you take to treat your heart attack?
- What treatments were recommended to you?
- Are you taking nitro pills for the last two years?
- Do you experienced angina (chest pains) since the heart attack?
- Did you have any surgery like a heart bypass or stent placement because of your heart attack?
- Do you have other health conditions other than heart disease?
Life Insurance Payout After Heart Attack
Your payout hinges on what type of policy you’ve got and when your heart decided to throw you a curveball.
The policy type you qualify for dictates how much and when the insurance company will pay out. This is all based on your health and projected lifespan.
How Can Funeral Funds Help Me?
Finding life insurance after a heart attack shouldn’t be a headache. Team up with Funeral Funds as we’re the pros who cut through all the red tape.
We work with the best burial insurance companies, and our licensed agents are ready to use their health underwriting expertise to save you money.
We’ll hit up different carriers, score you the best deal, and lock down the coverage you need without breaking the bank. Whether it’s a funeral, burial, or plain old life insurance post-heart attack, we’ve got your back.
Ready to roll? Fill out that quote form or dial (888) 862-9456 – we’ve got everything you need.
Frequently Asked Questions
Can I Get Life Insurance After a Heart Attack?
Yes, you can! If it’s been over a year, you’re in for burial insurance with level coverage.
Recent heart attack? Guaranteed issue life insurance may be your lifesaver.
Why Do Insurance Companies Consider Heart Attacks to Be a Risk Factor?
More risk? More chance the insurance company has to pay out sooner.
Do Insurance Companies Require a Waiting Period Before Paying Out for a Heart Attack-Related Death?
Not always, depending on the insurance company and your zip code. But, let us see if we can get you 1st-day coverage.
How Does the Cost of Life Insurance After a Heart Attack Compare to Regular Life Insurance?
A poor heart history often means higher bills…but it’s still generally affordable.
What Are the Options for Life Insurance Coverage if My Heart Attack Was Less Than 12 Months Ago?
If you’re in that 12-month zone, guaranteed issue burial insurance or 1st-day coverage is your go-to depending on your zip code.
