Life Insurance After Heart Bypass Surgery

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 Life Insurance After Heart Bypass SurgeryAfter a major life event like bypass surgery, it’s understandable that you’d be in a hurry to buy life insurance as soon as possible. This is often a mistake. Life insurance companies will see your past surgery and this could prevent you from receiving a policy.

To qualify for insurance after a bypass, you need to plan right and fill out a good application. To get you ready, here is a review of the insurance guidelines for after bypass surgery as well as some tips to help you with your application.

When you’re shopping for life insurance protection, there are dozens of different factors that you’ll need to consider. It can be a confusing and difficult process, especially if you’ve had a bypass surgery in the past. Life insurance is one of the most important purchases that you’ll ever make for your loved ones, and your health shouldn’t keep you from getting the protection that your family deserves.

Life Insurance Underwriting after Bypass Surgery

When you apply for life insurance, you’ll need to answer several questions about your bypass surgery for your application. You’ll need to answer:

  • What did you have your bypass surgery?
  • Why did you need to have bypass surgery? Was it an elective or emergency procedure?
  • Have you ever had any other types of heart surgeries like a heart valve replacement?
  • Were there any complications after the surgery like internal bleeding, cardiac tamponade, or a stroke?
  • Do you have any other high risk factors for heart disease like smoking, high cholesterol, or high blood pressure?
  • Do you have a history of heart disease?
  • What medications are you taking because of the bypass surgery?

Common medications for after a stroke include: Clopidogrel, Beta blockers, Nitrates, ACE inhibitors, and Lipids.  All of these medications for a stroke could be insurable depending on your health after the surgery.

Be sure to answer all these questions in detail for your application. For life insurance underwriting, more information is better. If an underwriter felt your application was incomplete, especially after something major like bypass surgery, there’s a good chance you’d get a poor rating or a denial.

Life Insurance Quotes after Bypass Surgery

If you’ve had bypass surgery, it’s very important to delay your life insurance application for some time after your surgery. This is because life insurance companies typically deny applicants that just had bypass surgery; there are too many complications that can come up. It’s best to wait at least 6 months to a year before applying.

When you apply, insurance companies will review the details of your bypass surgery as well as your overall health to make a decision. Your rating would depend on how well the surgery went as well as whether you are taking steps to avoid future heart problems. While each insurance company uses slightly different underwriting standards, here are some general guidelines to help you estimate what rating you’ll get for your life insurance.

  • Preferred Plus: It’s not possible to get a preferred plus rating after bypass surgery, even if you are healthy and the procedure went well. There is just too high a chance of future heart problems for insurance companies to be willing to give the best rating.
  • Preferred:  Also usually impossible for applicants that have had bypass surgery. In very rare cases, someone that had an elective bypass and was otherwise in perfect health might qualify for a preferred rating, but this is not something you should expect.
  • Standard:  The best possible rating for most applicants after a bypass surgery. Applicants need to have waited at least a year after the surgery and be in perfect health otherwise. The bypass surgery also must have been a minor procedure, like elective surgery to get around a blockage early.
  • Table Rating (substandard):  A table rating is the most likely rating for applicants that have had bypass surgery. Applicants should have waited at least 6 months after their surgery to qualify. Rating will depend on the severity of the bypass surgery, whether there were any complications, whether the applicant had other procedures like a heart valve replacement, and the applicant’s general health and family history.
  • Declines: Applicants that apply within 6 months of their bypass surgery. Also, applicants that aren’t regularly seeing their doctor, have a history of serious heart problems, and/or have heart risk factors like smoking or high cholesterol could also be denied.

Bypass Surgery Case Studies

If you’ve had bypass surgery, it’s very important that you plan your application right. Here are a couple real life examples that show the difference your application can make.

Case Study #1: Female, 63 y/o, non-smoker, had bypass surgery for a small blockage at 61, tried applying right away and was denied, otherwise in good health.

This client has a small valve blockage a few years ago that she decided to have removed through elective bypass surgery. Immediately after the procedure, she tried to buy more life insurance. Since she didn’t give anytime between her procedure and her application, the insurance company denied her application. At this point, the client thought she couldn’t get coverage. After contacting us, we recommended she try again. Since she had waited the appropriate amount of time, she qualified for a standard policy this time around.

Case Study #2:  Male, 57 y/o, needed bypass surgery at 54, former smoker, recently lost weight and reduced cholesterol levels, taking lipids for cholesterol.

This applicant had an unhealthy lifestyle. He smoked, had a poor diet, and didn’t exercise. This lifestyle eventually forced him to have bypass surgery. After the surgery, this client started living a much healthier life. He also started taking lipids for his cholesterol, as this was a big part of why he had heart problems.

Despite these improvements, this applicant still had trouble getting life insurance. We believed this was because insurance companies were too focused on his past history. We recommended this applicant meet with his doctor and get a note vouching for his improved health. By reapplying with this note, the applicant got a Table Level 2 Policy, a decent rating for someone in his condition.

As you can see from the examples, there are dozens of different factors that the insurance company is going to look at, and every applicant is going to be different. There are no two applications that are the same, and every company is going to view your application differently. Some insurance companies are going to view a history with a bypass survey more favorably than other companies are going to. Finding the right company could be the difference in getting approved for affordable coverage or getting a plan that’s going to break your bank every month.

Getting Affordable Life Insurance Coverage After Bypass Surgery

As an applicant with a bypass surgery in the past, you’re going to be facing higher premiums, but that doesn’t mean that you have to purchase a policy that is going to break your bank every month. There are several ways that you can get lower insurance rates for your coverage.

The first thing that you should do is cut out any tobacco. Using tobacco is hands-down one of the worst things that you can do for your life insurance premiums. In fact, anyone that uses tobacco is going to pay twice as much for their plan versus what a non-user is going to pay for the same sized plan.

Another way to save money on your life insurance protection is to improve your health. As a person with a bypass surgery, you’ve already have one red flag on your application, which means it’s important that you improve the rest of your overall health. Starting a healthy diet and getting regular exercise can help you lose weight, lower your cholesterol, and a whole host of other health benefits. All of these are going to translate into lower rates for your insurance coverage. If you want to save money every month on your coverage, it’s time to lace up your running shoes.

Comparing different policies is always going to be the best way to save money. As we mentioned, every company is different, and all of them are going to give you different premiums. You’ll get drastically varying rates based on the company that you get the quote from.

Bottom Line

Getting life insurance after bypass surgery is a challenge, but it’s a challenge many people can overcome. To get the best chance of qualifying, it helps to prepare with a professional. Our company specializes in finding life insurance for people that have had bypass surgery.

We can help you put together your application plus match you with the best companies for your situation. Call today or fill out our online application form for more information and free rate quotes.



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