Yes! You may be still be eligible for life insurance even if you have had coronary artery disease, (CAD) heart attack, angioplasty, and stents in the past. Most likely you’re going to be table rated, even though you may be in better health now then you were when you had the heart attack. The rate that the life insurance company is going offer with these health concerns will depend on many factors including, but not limited to, the number of vessels affected by the coronary artery disease and the actual vessel affected. For example, a recent client had these health concerns and one insurance company wanted to see if it was a single vessel requiring 3 stents, they would start at a table D or table 3 rate class. However, the good thing is they said that the rate could improve if he have had a negative stress test within the past year. However, if more than one vessel was affected, the rate would likely be higher. Again though, if there was a negative stress test within the past year, the rate could be even better! Remember each insurer will have its own underwriting guidelines, and each situation is different.
There are many insurance companies out there. When shopping for life insurance, whether it is to protect your family, your business, your estate, your legacy or charitable foundation, it is preferable that your life insurance agent be independent. This enables them to shop with multiple companies for the best rate for your situation, not just one. In this case, if you had a heart attack, angioplasty and stents, you would probably want your agent to shop around with what is called a quick quote. One company may rate this scenario differently than another company, or perhaps even decline you. . When you work with a captive agent, you are limited to that company. Also, you may pay a lot more in premiums then you have to. Make sure you ask your agent if they are captive or independent. At the very least, if they are captive, make sure you also get a quote from an independent agent as well, or at least apply with both companies to see which one will come back with the best rate after the underwriting process is complete.
If you have or had CAD, a heart attack, angioplasty or stents click on the link below and fill in your information. I will anonymously shop your case around to the nation’s top life insurance companies to find you the best rate, for free.