Have you been told that your chances of buying burial insurance after heart valve surgery are impossible? Is that why you haven’t bothered to looking harder or buying any?
The first thing you have to understand when you’re considering buying final expense insurance after having heart valve surgery is that you can qualify for affordable burial insurance.
Having heart valve surgery may affect your burial insurance plan selection. However, the time that elapses since your last heart surgery will determine what plans you will qualify for, and your rates. Our goal is always for you to get immediate first-day coverage at the lowest rate.
Regardless of when is your last operation, there are options available to get you covered.
In this article, we will explain how heart valve surgery and burial insurance relate to each other. We will also provide information on how insurance carriers respond to heart valve surgery and other heart procedures like angioplasty, stent placement, heart bypass, heart transplant, and what options are available for you.
If you’ve had a heart valve surgery and need burial insurance, you need to call an experienced independent agency that can shop your case to multiple carriers. That is your best chance at getting approved for an affordable rate. This process is easy and it will let you choose which policy is right for your need.
Throughout the years, Funeral Funds has helped many clients secure affordable, quality burial insurance, including people who had heart valve surgery. Our agency specializes in helping high-risk applicants find affordable burial insurance coverage from A-rated companies.
Symptoms of Heart Valve Disease and burial insurance eligibility
If your heart valve becomes damaged, the insurance companies will want to know if you have the following symptoms:
- Breathing difficulties
- An abnormal sound of the heart
- Palpitations or irregular heartbeat or arrhythmia
- Chest pain or angina
- Dizziness or fainting
- Fatigue or weakness
- Edema or swelling of the abdomen, feet or ankles
- Rapid weight gain due to fluid retention
The insurance companies will consider all of these health issues when determining your eligibility for burial insurance.
WHAT KIND OF HEART VALVE SURGERY – DOES IT MAKE A DIFFERENCE?
Most heart valve repair procedures are minimally invasive and only require a few small incisions. These procedures can increase the patient’s lifespan by preserving the heart muscle and decreasing the need for blood thinners like Warfarin, Plavix or Coumadin.
Common heart valve repair procedures insurance companies will ask about:
- Heart valve repair
- Ring Annuloplasty
Patients with mechanical valves need to take blood-thinning medicines for the rest of their lives because blood is inclined to stick to the valve and create blood clots.
BURIAL INSURANCE AFTER HEART VALVE SURGERY
The heart’s primary function is to pump oxygen from the lungs to the rest of the body. It is essential for the heart’s valves to function correctly to achieve this function.
The good news is that with the recent advances in medical technology, many people who had heart valve surgery are able to live normal and healthy lives. However, life insurance companies are aware that applicants who have undergone heart valve surgery run a higher risk of having a heart attack or a stroke.
Thankfully, some life insurance carriers are more lenient with heart valve surgery patients. For most final expense and burial insurance companies heart valve surgery is not a concern. In most cases, the most critical issue is when you had your heart valve surgery.
Life insurance carriers will postpone your approval for the best plans for one to two years year after a heart valve surgery. They do this to make sure there are no complications from the heart valve repair, and to determine if the operation was successful.
After 12 months, you have a better option. Please note that we can get you covered even when you had your surgery yesterday. Our agents specialize in finding coverage for anyone who has ever had a heart valve surgery by shopping lots of top-rated life insurance carriers.
The best thing is you don’t have to take a medical exam or provide urine and blood samples to qualify for burial insurance. You will only have to answer some questions about your health (sometimes there will be none). Burial insurance plans never require medical exams.
We will take the time to ask you about the details of your heart valve surgery and any other health issues so that we can get you the best pricing.
We will research all of the best burial insurance companies and help you find the best plan that fits your budget. Our goal is to help people with heart valve surgery get the best coverage!
UNDERWRITING BURIAL INSURANCE AFTER HEART VALVE SURGERY
Every single burial insurance company with underwriting asks about heart surgeries in their health questionnaire. And, if you answer “yes” to these questions, it will affect your premium and when your coverage takes effect.
You can see heart surgery questions in the health questionnaire asked this way:
- Have you been diagnosed with any type of heart surgery within the last 12 months?
- Have you any type of heart surgery within the last two years?
The types of heart valve surgery whether repair or replacement surgery is not a big concern to burial insurance companies. It’s uncommon for them to take issue with the type of surgery you had. We know burial insurance companies that are okay with heart valve surgeries, stents, or installation of a pacemaker.
When was your heart valve surgery performed?
The time that elapsed after your heart valve surgery is the most critical issue with the most burial insurance company. It is the deciding factor that will determine how much you pay and if you will have to endure a waiting period.
Your heart valve surgery was within the last 12 months
Insurance companies will require anywhere from 12 months to one year to pass before they will consider giving you immediate coverage.
The actual time will depend on the individual carrier’s requirements, but most will want a year to see how effective the heart valve surgery was and whether or not there are complications.
If your heart valve surgery was within the last 12 months, you cannot avoid a burial insurance waiting period. You will also need to pay a higher monthly premium compared to someone who has never had heart surgery.
Your heart valve surgery was over one year ago but was within the last 24 months
If your heart valve surgery was over one year, your options are better.
Some burial insurance companies only ask about heart valve surgeries within the last year. Since your previous surgery was over a year ago, it is a non-issue. You will not have to wait a two-year waiting period before your policy will be in force and you don’t have to pay the higher premium either.
We know of a few burial insurance companies that only look back one year on heart valve surgeries. They are not common, but we work them. If you don’t have any other health issues that may prevent you from qualifying with these companies, we can get you covered for a level death benefit.
Your heart valve surgery was over 24 months ago
If your heart valve surgery was over two years, you have unlimited options. Thankfully, every final expense insurance company will offer you their immediate protections at the lowest rate.
Do you have any symptoms after your surgery?
If you experienced chest pain (angina) palpitations or nausea following your surgery it is more likely a sign of poor cardiac function. Your application will most likely be declined because of your condition.
In this situation, your best option for life insurance coverage is a guaranteed issue life insurance policy.
What if you have other medical conditions?
Health issues such as high blood pressure, diabetes, COPD and heart disease will inevitably affect your premiums as well as your chances of approval. If you have a compounding health issue, we can recommend that you get a guaranteed issue life insurance policy.
Are you taking any prescription medications?
Common medications for heart valve surgery patients are over the counter drugs like Aspirin, or blood-thinners like Coumadin, Plavix, and Warfarin. In most cases, insurance carriers will not care about blood thinners if it has been two years or more since your first fill.
But, if you have fist filled your prescription within the last two years, some insurance companies will place you in a higher risk category and charge you with higher premiums and waiting periods.
IDEAL OPTION – FIRST DAY COVERAGE
Most burial insurance companies don’t care at all that you have heart valve surgery if it has been longer than 2 years ago.
Foresters is one of the best companies due to their easy phone application process (immediate answer over the phone) and their application process accepts many significant health problems (AFIB, insulin use, depression, disability, seizures, etc.).
If you don’t qualify for a company like Foresters, United Home Life or Mutual of Omaha are other competitive options. Eligibility varies by state.
EASIEST OPTION – GUARANTEED ISSUE BURIAL INSURANCE
If you have had heart valve surgery within the last 2 years, then Guaranteed issue policy is a great choice because they ask no medical questions at all!
Since you have had a significant health issue within the last 2 years, guaranteed issue policy is designed for higher risk applicants or applicants who are in good health but like the ease of approval and don’t mind paying more for their coverage.
These plans are called “Graded” or “Guaranteed Issue” plans by the insurance companies. You will pay a higher premium and your policy will only pay for accidental death in the first 24 months. It will pay for any cause of death after 24 months.
Additionally, if you die in the first two years as a result of any medical issue, you will get your premiums plus 10% returned.
Beware of TV and Magazine burial insurance marketing companies. Many of these companies offer premiums increase every 5 years or have policies that end after age 80 without your knowledge. If you are looking for the best priced guaranteed issue burial insurance, GI policy is a better choice than the insurance products you see advertised on TV and in magazines.
HOW CAN FUNERAL FUNDS HELP ME?
Trying to find a policy with heart valve surgery 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 heart valve surgery, 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 heart valve surgery 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.