How to Buy Life Insurance after a Myocardial Infarction
Are you recovering from a myocardial infarction and need life insurance? We are experts in helping people get approved for life insurance with MI or any heart conditions. Contact us to discuss your exact situation and how we can help you save money on your life insurance.
We will explain what is involved with a Myocardial Infarction or M.I. and what life insurers will be looking at when they consider your application for a life insurance policy.
A myocardial infarction is very treatable, so we will also describe how this condition is rated by a life insurance underwriter.
What is a Myocardial Infarction?
A myocardial infarction is more commonly known as a “heart attack” or “coronary artery disease.” This condition occurs when the arterial blood flow to the heart becomes blocked.
Blood flow to the heart occurs through the arteries and can become blocked by a build-up of plaque which can occur from cholesterol (also known as atherosclerosis), fat and other substances, or a blood clot.
The result of this arterial blockage can cause damage or even destroy some of the heart muscle.
Signs and Symptoms of a Heart Attack
Symptoms of a myocardial infarction can vary from individual to individual and also vary in their severity. However, the most common symptoms include:
- Pain, tightness, ache or pressure on the arms or neck which can also radiate to your back, jaw, or neck
- Shortness of breath
- Fatigue and/or cold sweating
- Sudden dizziness or lightheadedness
Symptoms are variable and can range from being mild to severe and often occur well in advance of the actual heart attack itself. The most common warning sign is chest pain often referred to as “angina.”
Symptoms in women tend to be less pronounced than in men which could increase their risk of being undiagnosed.
A myocardial infarction can cause a cardiac arrest which is a complete cessation of cardiac functioning, but there are usually other mitigating factors involved.
How a Myocardial Infarction Occurs
A heart attack most commonly occurs in two ways. It can occur when the built-up plaque in the arteries ruptures and spills cholesterol or a piece of plaque or blood clot breaks away and completely blocks the flow of blood in the artery.
An MI can also occur due to a coronary artery spasm that shuts down the flow of blood and often occurs due to smoking or illicit drug use such as cocaine.
Heart Attack Risk Factors
Your risk of incurring a myocardial infarction may be increased if you have one or more of the following conditions:
- Age – Men are more likely to incur a heart attack over the age of 45 and age 55 for women
- Tobacco use
- High blood pressure
- High blood cholesterol or triglyceride levels
- Genetic disposition
- Obesity or lack of physical activity
- Use of illicit drugs such as stimulants like cocaine or amphetamines
- Autoimmune conditions such as Lupus or Rheumatoid Arthritis
Myocardial Infarction and Life Insurance Rating Factors
You can still qualify for a life insurance policy even if you have had a myocardial infarction. You will be rated based on the degree of severity of the heart attack and what has been done to treat it.
Your age and lifestyle will also be closely scrutinized by an underwriter as your overall health and treatment plan have a direct bearing on whether you will receive a higher or lower rating.
You should not expect to receive a “preferred” rating, but if your myocardial infarction was not too severe and you have followed a treatment program along with lifestyle changes, you could be eligible for a “standard” rating at best. For a rough idea of cost, use the Instant Quote on this page and look at Regular health class. Keep in mind, that we will need to discuss your exact condition to get a more accurate idea of cost.
If possible, it would be better to wait for a year or so after a myocardial infarction to get the best rating and use that time to improve your health and make changes to your lifestyle. Some insurers may charge a “flat fee” on top of your premium for a year or so after a myocardial infarction.
Information Required By Life Insurers to Rate Myocardial Infarction
The information required by an insurer to rate you for approval or decline will include the following:
- Tobacco use – if you are using, your rate may be increased or you may be declined. If you are less than 60 years of age, getting insurance may be challenging, but we can help make this an easy process.
- Date when your heart attack occurred, symptoms and diagnosis
- Diagnostic evaluations and medical interventions used such as electrocardiogram, stress perfusion imaging, cardiac catheterization/angiogram, coronary angioplasty/stents, coronary artery bypass grafting
- Whether heart failure occurred
- Abnormal heart rhythm
- Medications and medical follow-up
- Any ongoing symptoms
- Control of other relevant medical conditions such as high lipid levels, irregular heartbeat, diabetes, high blood pressure, cholesterol levels, peripheral vascular disease, elevated homocysteine
- Use of a cardiac rehabilitation program and/or physical conditioning regime
- Findings of follow-up diagnostic evaluations including stress and other tests
How to Find Low-Cost Life Insurance with Myocardial Infarction
You can find low-cost life insurance approval with myocardial infarction by using an independent insurance agent. Abrams Insurance Solutions has a team of independent agents who are very knowledgeable and can help you approved for coverage. Remember that we work for you and not the insurance companies. Contact us today for life insurance approval at the lowest rates available.
We have access to over 70 life insurance companies so we know which ones are the best life insurance companies and which are more lenient when it comes to issuing a policy for someone with myocardial infarction and other health related conditions. You will not find a lower cost for the same insurance policy. All prices are set by the insurance company and will be the same whether you work with us or buy from any other website. However, our selection of companies, underwriting knowledge and service set us apart from other agents.
Why You Should Use Abrams Insurance Solutions
We have helped many clients get approved for life insurance with MI or another heart condition. We work with an underwriting advisor who is familiar with how each life insurance company rates a policy for any health condition. With his advice, we will help you apply and get approved for the lowest cost life policy for your situation.
Contact us today if you have questions or need advice while finding life insurance approval with myocardial infarction. Regardless of your health condition, we can help you save time and money on your life insurance. Call us today at 858-703-6178 and put us to work for you.