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Having a circulatory surgery can have an influence on your policy. It’s also very natural to on your policy. It’s also very natural to think that it’s impossible to find affordable final expense insurance after a circulatory surgery but that’s where you’d be wrong.
No matter what your surgery was on or when it was, we can get your insured and we can help you find coverage at an affordable price. We have lots of clients who were approved for a plan that was still budget friendly.
In this article, we will break down how the insurance companies react to a circulatory surgery, what you should expect, and how to find the best and cheapest final expense insurance possible.
The Facts About Burial Insurance After A Circulatory Surgery
When it comes to having had a circulatory surgery, nearly all insurance companies look at it the same way. They don’t care if it was an angioplasty or a stent implant. The item that they care about most is WHEN you had the last surgery on your circulatory system.
So, here’s the deal…
We will get into more details in bit, but just know that a minimum of twelve months post operation is what’s going to start really opening your options in terms of ultra-competitive pricing. We can absolutely still help you if it hasn’t been twelve months, its just that the twelve-month mark is a game changer for options.
Also, you won’t have to take a physical or medical exam as part of the application process. All you must do is answer a health questionnaire, that’s it!
Final Expense Underwriting for A Circulatory Surgery
Underwriting is basically what every insurance company will go through to assess the risk they’re taking on by offering you coverage. In most cases, they will ask you a series of health questions and pull your prescription history. Those two steps alone will give them nearly all the information they need to make a decision.
The date of your last procedure is the only piece of data that will ultimately determine if your burial insurance will cost more along with having to endure a period of time before your benefits are payable.
What counts as a circulatory surgery to burial insurance companies?
Most life insurance companies have the same definition when it comes to surgeries on the circulatory system. The operations listed below would count as having had a circulatory surgery to final expense life insurance companies.
• Stent implant
• Cardiac Catheterization
• Aortic Dissection
• Aneurysm Surgery
• Or any operation performed on the arties of the body
How they ask about circulatory surgeries
In most cases, funeral insurance companies will ask about this in one of two ways. They will ask if you have had any surgeries or if you been advised to have a surgery on your circulatory system within the last one, two or three years depending on the company. The question will generally look something like this:
“Within the past two years have you had, or been medically advised to have any type of circulatory surgery or procedure to improve circulation?”
What to expect
So, we’ve already established that your options are tied directly to when you had your last surgery. Below are a list of scenarios and realistic expectations you can count on based off the date you give the insurance company as your answer (and don’t think about fudging that number, they’ll find out either way!).
A) Your Surgery Was Within the Last Year
This unfortunately means you will pay more (anywhere from 15-40% more) and you will have a two-year waiting period. That means if you pass away during the first two years of your policy, you’ll get your money back plus 10-15% interest. The surgery being so recent places you into a much higher risk category and they charge accordingly. If you passed due to an accident though, you would still get paid the full benefit.
B) Your Circulatory Surgery Was More Than 12 Months but Less Than 24.
There are burial insurance companies that will only look back 12 months on surgeries to the circulatory system. To them, if it’s been more than 12 months, you are no longer a risk and you’re viewed the same as a person that never needed surgery. Although we might only have a few companies to choose from, you won’t have to pay more or have a waiting period.
C) It’s Been Over 2 Years Now
Assuming you have no other health issues, two years post-surgery, your choices are basically open to any insurance company. That means immediate level benefit (full coverage from day one) that also comes at the lowest cost possible. To them, it’s as though you never had a surgery in the first place.
Quick Tip: If it has been more than two years since your circulatory surgery and you don’t have coverage, get it done today! Statistics show that once you have a circulatory surgery, you’re eventually going to need another. So, you want to get covered today before you need another surgery and the timeline has to start all over!
How To Get The Best Burial Insurance After A Circulatory Surgery
Although having had a circulatory surgery certainly impacts you getting coverage, it’s thankfully somewhat of a simple and straight forward scenario. While we’ve covered everything you need to know about having a circulatory surgery, please remember that it’s just one piece of the picture. If you deal with other health issues, it’s going to change how insurance companies respond to you. This is why it’s so important you speak with a qualified advisor like Simpelgacy that truly understands all the angles of how your situation is going to be evaluated.
Simplegacy works with 20+ insurance carriers. Not only will we find a company to work with you, we will find multiple. When we do, we can compare rates and impartially recommend whichever carrier will give you the best value. We are not tied to any single company, which gives us the ability to unbiasedly tell you what your best solution is. Since we only work in the Burial/Funeral/Final Expense Insurance category, you will never have to worry about being “cross-sold” or pushed into a solution that doesn’t make sense in the long run for you.
We are here to help you in any way we can. We will use every resource available to us in order to help you find the best policy that will work for you and your family. Our goal is to approach every scenario the way we would if it was our own family that we were planning for.
Call us at 888-519-9119 or fill out the quick quote form for an instant quote.