Often yes, but you may need to wait and you will likely pay more. Most insurers want you at least 6 months past a heart attack, and you should expect higher than average rates.
The CDC says about 805,000 people in the US have a heart attack each year. Many go on to buy life insurance. The key is timing and records.
Most insurers want you at least 6 months past a heart attack. Lincoln Financial will look at you within 3 months. For bypass surgery, insurers want at least 3 months and often 6 to 12. Stents usually need a wait of 3 to 6 months. Insurers ask for your doctor's records and test results.
Some heart issues are easier than others. Policygenius says AFib may get average rates. Heart failure, valve problems and heart transplants may rule out regular coverage. Policygenius names Corebridge as a top pick for heart conditions. NerdWallet says Guardian may give standard rates for coronary artery disease to people 70 and under.
What insurers look at
- How long ago your heart attack or procedure was (most want 6 months or more, per Policygenius)
- Your age at the time (many insurers decline heart attacks before 40, per Policygenius)
- Procedures like stents, bypass or angioplasty, and how many
- Test results like ejection fraction, stress tests, EKGs and echocardiograms (MoneyGeek)
- Other conditions like high blood pressure, diabetes or high cholesterol
- Whether you smoke (MoneyGeek says most insurers want 12 months tobacco free)
Coverage that may fit
Possible once you are some time past the event. You will likely need an exam and your doctor's records. Expect higher than average rates.
No exam, but you answer health questions. Coverage often reaches about $50,000, and you can still be turned down for serious conditions. People with heart failure or a new heart diagnosis will likely not qualify.
For people who cannot pass health questions. There is no exam and no health questions, coverage tops out around $25,000, and the price is high. Mutual of Omaha sells it to people 45 and older, per Policygenius. Most have a waiting period, often 2 years, before the full amount pays for a natural death (Policygenius, graded death benefit). This is for people over 45 who cannot get simplified issue.
Common questions
How long should I wait after a heart attack?
Most insurers want at least 6 months. MoneyGeek says 6 to 12 months is common for regular coverage.
Will they ask for my medical records?
Yes, usually. Insurers often ask your doctor for a statement and may ask for records.
Does smoking matter more with a heart condition?
Yes. Tobacco on top of a heart condition raises rates sharply or leads to a no.
What if I am turned down?
Guaranteed issue coverage has no health questions, but it pays less and costs more. It is usually capped near $25,000.
Sources
General information, not medical advice. Insurer rules change. An agent can tell you which companies treat your condition best.
