{"id":301,"date":"2023-11-27T13:52:21","date_gmt":"2023-11-27T13:52:21","guid":{"rendered":"https:\/\/policyarchitects.com\/CN\/term-life-insurance-for-heart-attack-victims-everything-you-need-to-know\/"},"modified":"2024-09-12T18:35:53","modified_gmt":"2024-09-12T18:35:53","slug":"term-life-insurance-for-heart-attack-victims","status":"publish","type":"post","link":"https:\/\/policyarchitects.com\/CN\/term-life-insurance-for-heart-attack-victims\/","title":{"rendered":"Term Life Insurance for Heart Attack Victims! Everything You Need to Know"},"content":{"rendered":"

Term life insurance for heart attack victims! <\/strong>If you don’t have coverage, is it too late?<\/p>\n

Heart disease is prevalent in Canada, especially in the male population. If you’ve had a heart-related event, I am sure you’re justifiably concerned if you’re looking for life insurance coverage.<\/p>\n

The good news is that you can still get term life insurance! Yep!\u00a0<\/em><\/strong><\/p>\n

….but there are some restrictions.<\/p>\n

I want people looking for life insurance to understand their situation is typically better than they imagine.<\/p>\n

Most of us do NOT have a background\u00a0in underwriting, so jumping to conclusions is a trend I must fight when speaking to potential clients.\u00a0<\/a><\/strong><\/em><\/p>\n

Life insurance is a business! Of course, insurers penalize and even reject those they deem high-risk candidates, but this is NOT as common as you might think.<\/p>\n

So, I will share some information about the process that might put your mind at rest!\u00a0<\/strong><\/p>\n

“Men are newly diagnosed with heart disease about 10 years younger than women (55-64 vs 65-74 years of age).”<\/p>\n

Government of Canada, Heart Disease in Canada\u00a0<\/a><\/p><\/blockquote>\n

Term Life Insurance for Heart Attack Victims! <\/strong><\/h2>\n

Why It’s Important to Me…\u00a0<\/strong><\/h2>\n

Not only am I am life insurance agent, I’m a husband and father. Something pretty scary happened to my wife, Kym, one night, years ago. We were hanging out together, and she had some upper chest pain.\u00a0<\/em><\/p>\n

She had never experienced it before, so we called Telehealth Ontario, and they called the paramedics.<\/p>\n

I guess they don’t mess around with chest pain.<\/strong> She got the all-clear after an EKG, blood pressure check, and blood work.<\/em>\u00a0It looks like it was something muscular after her workout the night before.<\/p>\n

That said, it was still scary. Thankfully, we have life insurance, but what if we didn’t?<\/strong><\/p>\n

Stuff happens, and people do have heart attacks when they are young.<\/p>\n

You never think something like this will happen to you until it does. That’s why applying for coverage when young and healthy is so important BEFORE<\/span>\u00a0something like this is an issue.<\/strong><\/p>\n

….but what if you fail to plan? Now what?<\/em><\/p>\n

\"\"<\/a><\/p>\n

Life Insurance for People Who Have Had Heart Attacks\u00a0<\/strong><\/h2>\n

Well, I am happy to say that a heart attack doesn’t mean you are banished to the island of the uninsurable<\/a>. You may still qualify for term life insurance!\u00a0<\/strong><\/p>\n

The thing is, you have to show that your health is stable. Underwriters are looking to mitigate their risk, so if you had heart surgery or a stent inserted, you’d have to wait at least one year before most life insurance companies would even consider you.<\/em><\/p>\n

Here is a list of things they assess:<\/p>\n