Finding Life Insurance After a Heart Attack

It's common knowledge that having a heart attack inyourself - good cardiogram readings, for example,
your medical history is a red flag when it comes toand low cholesterol, the less of a risk you will seem
applying for life insurance, but even with a heartto be.
condition, you are not necessarily precluded fromStay in Treatment: While you're waiting, you need to
being insured, nor will you automatically have to paybe proactive about improving your health. Work with
exorbitant premiums. Depending on the steps youyour doctors to change your diet, increase your
have taken to treat your heart disease, and theexercise and take the proper medications to keep
severity of your condition, you may well be able toyour blood pressure stable.
get a life insurance policy with affordable rates.Document Everything. When you do apply for
According to Christopher Graham, vice president andinsurance, be sure to provide documentation for
chief underwriter for Hartford Life, "We are able toeverything you've been doing. It's not enough for
offer an insurance policy to the vast majority ofYOU to know. The insurer must know. Be specific: it
people with a history of heart disease."will reassure the underwriters buy into your case. Dr.
Dr. Robert Gleeson, a medical underwriter and viceGleeson explains why: "If someone tells me that they
president at Northwestern Mutual Life Insurancehave high blood pressure but doesn't give me any
Company emphasizes the same thing. "We spend ourmore information, I don't feel very good about
lives underwriting diseases," he says, "And, as anissuing a policy without getting more information."
industry, we've had a lot of experience with coronaryUnderwriting procedures vary from insurance
disease."company to insurance company and are often
While your heart attack will likely disqualify you fromupdated as medical knowledge changes and different
getting the very best life insurance rates, you maytreatments become standardized. If one company
be able to qualify for the second-best tier ("standard"rejects your application for post-heart-attack life
as opposed to "'preferred") even so.insurance, try another. Sometimes you have to shop
What can you do to ensure that you pay the lowestaround.
possible premium for life insurance after a heartHaving a heart attack is frightening enough, but it
attack? Here are a few tips:doesn't have to leave you without life insurance. If
Wait a While. You may be able to save money if youyou document your treatment process, and are
wait a year or two after having a heart attackpatient with the system, you should be able to find
before you buy life insurance, because the longeraffordable life insurance coverage despite your heart
you can demonstrate that you are taking care ofcondition.