Life Insurance with Atrial Fibrillation

by Jeff Rose on June 3, 2013 · 0 comments

Life Insurance with Atrial FibrillationIf you have atrial fibrillation and want to buy life insurance, your condition will make applying more difficult.

However, you could still qualify for a decent policy, even with this heart condition. It all depends on the severity of your atrial fibrillation as well as your overall health.

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Enter your zip code below and be sure to click at least 2-3 companies to find the very best rate.

You can increase your chances of getting a fair rate by planning right and putting together a smart application. To help you get ready, we’ve outlined the underwriting rules for someone with atrial fibrillation.

Life Insurance Underwriting with Atrial Fibrillation

When you apply for life insurance, you agent should ask you several questions about your atrial fibrillation. You will need to answer:

  • When were you diagnosed with atrial fibrillation?
  • Is your atrial fibrillation chronic (permanent) or paroxysmal (intermittent)?
  • What is causing your condition (coronary artery disease, heart valve issue, etc.)?
  • Do you have any other issues with your heart?
  • Do you have other high risk life insurance factors for heart disease like high cholesterol, smoking, or a family history of heart disease?
  • Are you receiving any treatments or taking any medications for your condition?

Common medications include for Atrial Fibrillation include:  Amiodarone, Dronedarone, Propafenone, Digoxin, Beta Blockers, and ACE Inhibitors.   All of these medications for could be insurable depending on the severity of your condition.

As you apply, be sure to answer all these questions honestly and in complete detail. Insurance underwriters get nervous about incomplete applications, especially when you have a condition like atrial fibrillation. If your application is missing information, there’s a good chance you’ll be denied or will receive a bad rating.

Life Insurance Quotes with Atrial Fibrillation

On its own, atrial fibrillation isn’t a fatal condition. However, it’s a problem for life insurance because this condition increases the chance of a stroke or more serious heart issues. When reviewing your application, underwriters will want to know if your condition is chronic or paroxysmal. Paroxysmal fibrillation is when you have an irregular pulse less than 10 times a year. If you have more incidents per year, your condition is chronic. Chronic atrial fibrillation is a bigger issue for life insurance.

Beyond your atrial fibrillation, underwriters will also consider whether you have any other heart issues and your overall health. While each company has different standards, here are some general underwriting guidelines to give you an idea what rating to expect.

  • Preferred Plus:  Impossible for an applicant with atrial fibrillation. There is just too high a risk of other health issues from this condition.
  • Preferred Usually impossible for someone with atrial fibrillation. In very rare cases an applicant with paroxysmal atrial fibrillation and in otherwise perfect health may qualify for a preferred rating.
    Standard:  Best possible rating for most applicants with paroxysmal atrial fibrillation. Applicant should be in good health otherwise and not have any signs of heart disease.
  • Table Rating (substandard):  Most likely rating for applicants with atrial fibrillation and the likely best rating for applicants with chronic atrial fibrillation. Insurance companies will base your rating on the severity of your condition, whether you have other health issues, whether you are taking care of your condition, and your family history of heart disease.
  • Declines: Applicants that have other heart issues like coronary artery disease in addition to atrial fibrillation will likely be denied. There is just too high a risk that the two problems will make each other worse. Also, applicants at high risk for heart disease like someone that is overweight or has high blood pressure.

Atrial Fibrillation Life Insurance Case Studies

Your life insurance application makes a difference when you apply with atrial fibrillation. Here are a couple real life examples to show you why it pays to be prepared.

Case Study 1: Male, 67 y/o, non-smoker, had paroxysmal atrial fibrillation at age 64. No heart issues and in good health.

This applicant was diagnosed with paroxysmal atrial fibrillation when he was 64. The problems weren’t due to any underlying heart issues. Beyond this incident, he was in great health. However, when he applied for life insurance, he only received rated policies. We felt that insurance companies were putting too much weight on his condition. We recommended this client go for an EKG to show that his heart was in good shape and to mail in the results with another application. With this extra information, the client received a Preferred rating, a great result for this condition.

Case Study #2:  Female, 72 y/o, former smoker, started having chronic atrial fibrillation at 69, taking ACE Inhibitors and statins for cholesterol

This applicant wasn’t in great health. She was overweight, smoked, and didn’t take the medications her doctor prescribed. This eventually led to heart trouble and chronic atrial fibrillation. At this point, the client turned things around. She quit smoking and started taking her medication which improved her condition. However, when she applied for life insurance, insurance companies rejected her application. We recommended she get a note from her doctor vouching for her better lifestyle and explaining that her condition was improving. With this extra information, she received a Substandard Level 2 policy.

When you have atrial fibrillation, you need to be prepared before you apply for life insurance. You may need some help. Our company specializes in life insurance for this condition. We can make sure you prepare your application correctly and match you up with the best companies for atrial fibrillation. For more information, call or fill out our free online quote form.

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