Burial Insurance After Heart Valve Surgery

The first thing you have to understand when you’re considering buying burial insurance after a 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 passed since your last heart surgery will determine what plans you will qualify for, and your rates.

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 what options are available for you.

FOR EASIER NAVIGATION:

WHAT IS MY BEST INSURANCE OPTION IF I HAVE A HISTORY OF HEART VALVE SURGERY?

The time that passed after your heart valve surgery is the most critical issue with most burial insurance companies. It is the deciding factor that will determine what plan you will qualify for and your premium.


YOUR HEART VALVE SURGERY WAS OVER 2 YEARS

Most insurance companies have a two-year look-back period on heart valve surgery because they want to see if the surgery was successful or there are any complications from your heart surgery.

If your heart valve surgery was over two years, you have the best and lowest priced options available. Most burial insurance companies will offer you a level death benefit plan with first-day coverage at the lowest premium.

You will covered from the first day and your beneficiary will receive 100% of the death benefit when you pass away.

Best Option: Level death benefit plan with first-day coverage.


YOUR HEART VALVE SURGERY WAS LESS THAN TWO YEARS AGO

If your heart valve surgery was less than two years ago, you still have some options.

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 first-day benefit plan.

You will be covered from the first day and your death benefit will be phased in over time.

Best Option: First-day benefit plan


WHAT TYPES OF BURIAL INSURANCE SHOULD I AVOID?

PLANS TO AVOIDWHY?
Term lifePremiums increase after 5 years. Coverage ends after 80.
Pre-paid funeral plansExpensive
Universal lifeTied with stocks
No health questions policiesWith 2-year waiting period
Plans offering "teaser rates"$9.95 per unit plans or $1 buys $30,000 coverage
Over priced plansInsurance from TV and junk mail
Plans that accept mail-in paymentsRisky
Plans that accept Direct ExpressHigh lapse rate
Plans that accept Credit CardsHigh lapse rate


WHAT TYPE OF BURIAL INSURANCE IS BEST?

FUNERAL FUNDS PLAN BENEFITSINCLUDED
1st Day CoverageYES
Rates NEVER IncreaseYES
Coverage NEVER DecreasesYES
Easy to get approvedYES
No Medical ExamYES
Same Day ApprovalYES
Death Claims Pay FastYES
Builds cash valueYES
Coverage Up To Age 121 YES

IF I HAVE A HEART VALVE SURGERY, DO I NEED A MEDICAL EXAM TO QUALIFY FOR BURIAL INSURANCE?

You are NOT required to take a medical exam to qualify for burial insurance after a heart valve surgery.

When you apply for burial insurance, you only have to answer some basic questions about your health. The application process is simple, and you don’t need to provide medical records or blood and urine samples.

You’ll get the official approval from the insurance company often within minutes!


BURIAL INSURANCE UNDERWRITING IF YOU HAVE A HEART VALVE SURGERY

Burial insurance companies have two ways of underwriting:

FIRST – They may ask you a series of health questions. Your answers to their questions will determine your eligibility.

SECOND – They will electronically review your prescription history to verify your health.


HEALTH QUESTIONS:

Every life insurance company wants to know if you have had heart valve surgery in the past.

Common heart valve repair procedures insurance companies will ask about:

  1. Heart valve repair
  2. Valvuloplasty
  3. Ring Annuloplasty
  4. Commissurotomy
  5. Decalcification
  6. Patching

The types of heart valve surgery whether repair or replacement surgery is not a big concern to burial insurance companies. They are more concerned about the time that passed since your last heart valve surgery.

You can see heart surgery questions in the health questionnaire asked this way:

  • During the past 12 months have you had a heart attack or failure, or heart or circulatory surgery?
  • Within the past 24 months have you been medically diagnosed as having or been treated for heart attack, heart disease, heart or circulatory surgery to improve circulation to the heart?
  • Within the past 2 years have you had, or been diagnosed with angina, heart attack, cardiomyopathy, or any type of heart surgery?

You need to answer “yes” to the heart surgery question since heart valve surgery is considered heart and circulatory surgery.


PRESCRIPTION HISTORY CHECK:

Patients with mechanical valves often need to take blood-thinning medicines for the rest of their lives.

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.


HOW MUCH INSURANCE DO I NEED IF I HAVE A HEART VALVE SURGERY?

The amount of burial insurance you should buy varies depending on your personal and financial circumstances. However, burial insurance should cover the cost of your funeral, burial, and final expenses.

The first step to figuring out how much burial insurance you need is to know your end-of-life expenses. Your funeral cost is often the biggest single expense you need to pay. Other end-of-life expenses to consider are your outstanding medical bills, living expenses, credit card bills, and other debts.

Here’s an example of a funeral cost breakdown from the National Funeral Directors Association.

AVERAGE FUNERAL COST WITH VIEWING AND BURIAL 
Non-declinable basic$2,195
Removal/ transfer of remains to funeral home$350
Embalming & preparation of the body$1,005
Use of facilities for viewing & funeral ceremony$925
Hearse$340
Service car/van$150
Basic memorial printed package$175
Metal casket$2,500
Vault$1,495
Median Cost of a Funeral With Viewing and Burial$9,135
AVERAGE FUNERAL COST WITH VIEWING AND CREMATION 
Non-declinable basic services fee$2,195
Removal/ transfer of remains to funeral home$350
Embalming & preparation of the body$1,005
Use of facilities for viewing & funeral ceremony$925
Service car/van$150
Basic memorial printed package$175
Cremation fee (if firm uses a third-party crematory)$350
Median Cost of a Funeral with Viewing and Cremation$5,150
Cremation Casket$1,200
Rental Casket$995
Alternate Cremation Container$150
Urn$295


HOW SHOULD I PAY MY PREMIUMS?

The best way to pay your premium is through a savings or checking account. We recommend you set a bank draft from your savings or checking account. That way, the bank will automatically pay your premium each month and you don’t need to worry about your policy lapsing due to non-payment.

PAYMENT METHODRECOMMENDED?
Savings AccountBest way to pay
Checking AccountBest way to pay
CashNot recommended
Money OrderNot recommended
Cashier's CheckNot recommended
Debit CardNot recommended
Credit CardNot recommended
Direct ExpressNot recommended
PAYMENT FREQUENCYRECOMMENDEDACCEPTED BY
MonthlyRecommendedAll Companies
QuarterlyNot RecommendedSome Companies
Semi-annuallyNot RecommendedSome Companies
AnnuallyNot RecommendedSome Companies


HEART VALVE SURGERY AND BURIAL INSURANCE RIDERS

Insurance policy riders add benefits to your policy. Adding insurance riders will enhance your policy to fit your needs. Some riders are built into your policy, while other riders can be added at an additional cost. Most riders are affordable, and it involves little to no underwriting.

Here’s a list of common burial insurance riders:

FUNERAL FUNDS ADD-ONSAVAILABILITY
Terminal Illness Add-On BenefitIncluded with most plans
Nursing Home Care Add-On BenefitIncluded with most plans


BENEFITS OF BURIAL & FUNERAL INSURANCE

Here are some of the benefits of purchasing a burial or funeral policy:

  • No medical exam or doctor’s visit required – easy to get approved.
  • Ease of issue – easy to qualify and get insurance coverage.
  • No Money Down to get approved – have your policy start whenever you want.
  • Level premium – your premium will never increase.
  • Fixed death benefit – your death benefit will never decrease for any reason.
  • Permanent protection – your policy can not be canceled by the life insurance company as long as you continue to pay your premiums.
  • Tax-free – the death benefit is directly paid to your beneficiary tax-free upon your death
  • Cash value builds up – burial insurance is a whole life policy that builds cash value over time.


OTHER COMMON USES FOR FINAL EXPENSE LIFE INSURANCE AFTER A HEART VALVE SURGERY

All of these examples are appropriate uses for Final Expense Life Insurance:

  • Burial insurance plan after a heart valve surgery
  • Cremation insurance plan after a heart valve surgery
  • Funeral home insurance plan after a heart valve surgery
  • Final Expense insurance plan after a heart valve surgery
  • Prepaid funeral plan insurance after a heart valve surgery
  • Mortgage payment protection plan after a heart valve surgery
  • Mortgage payoff life insurance plan after a heart valve surgery
  • Deceased spouse’s income replacement plan after a heart valve surgery
  • Legacy insurance gift plan to family or loved ones after a heart valve surgery
  • Medical or doctor bill life insurance plan after a heart valve surgery

We can help you with any of the plans above. Your pricing will depend on your age, health, and coverage amount for each program option.


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.

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 work with many A+ rated insurance carriers that specialized in covering high-risk clients like you.  We will search all those companies and 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.

Funeral Insurance, Final Expense Insurance, Burial Insurance After Heart Valve Surgery Infographic

RELATED POSTS:


Call Now ButtonCALL NOW (888) 862-9456