Most Americans have a to-do list which they probably ignore. A lot of people have “buy life insurance” on that list.
If you’ve been putting off buying life insurance, it doesn’t have to be as painful as you might assume.
It is estimated that there are over two million people in the U.S who are currently diagnosed with having an irregular heartbeat. If you have an irregular heartbeat or are seeking life insurance coverage for a loved one, then it is important to know how to navigate through the process of finding the best priced coverage with the right life insurance company. By taking the following steps, you can find the right life insurance to fit your needs. Perhaps you’re not sure what company to go with. Read some of our company reviews such as with Globe Life Insurance to better help you make a decision.
Be Honest When Applying
One of the most important things you can do when applying for life insurance is be honest about your current health condition. By being open regarding your irregular heartbeat, you can ensure adequate coverage while establishing credibility with the life insurance company. Those who are currently under the care of a physician for their heart condition should also know that the insurance company will find out anyway. Being upfront and honest will also ensure the validity of your case should you need to file a claim.
Every year we get dozens of quotes about lying during the application process. If you decide to lie on your application, more than likely the company will catch you and the whole process will be slowed down considerably. If they don’t catch you, and you lie, there is a chance that your family won’t receive the payout.
Gather Important Medical Information
When you speak to us we will want to provide you with an accurate quote and will ask you the following questions. Among these questions, you may be asked about the date of your diagnosis along with the terminology that is used to describe your health condition. To provide an accurate quote, you may also be asked about your current and past treatment plans. Here are a few more things you may be asked.
- Are you currently taking medication? If so, provide the names and amounts for all prescriptions.
- Do you have any other serious health conditions that may be related or unrelated to your irregular heartbeat?
- Do you smoke or drink alcohol?
- Are you physically active? Do you eat a healthy diet?
- Have you had any other recent medical tests such as an echocardiogram?
All of these factors are going to play a major role in your premiums, or if the company is going to decline your application. It’s important that you have all of the correct insurance to present to the insurance company.
Adding up your Life Insurance Needs?
There are several factors that you need to consider to ensure that you’ve got the coverage that you need.
Your debts are the most important number to add up. Life insurance is built to pay off debts left behind.
After you’ve added up the debts, let’s put your salary in the equation. You want to guarantee your family will have enough money to pay off their monthly expenses. We suggest getting at least 5 times your annual income.
You should also consider any taxes or fees that your family would run into. Add up all of the bills like funeral fees, lawyer costs, inheritance taxes, and other bills that families commonly forget to account for. All of these expenses can quickly drain your life savings account and leave your loved ones with nothing.
Getting Cheaper Life Insurance
Even as a person with an irregular heartbeat, you can get cheaper rates. Let’s do a little bit of work before you apply for coverage.
There are millions of smokers in the United States. Those smokers are facing higher life insurance rates. If you happen to be one of the millions, we strongly advice quitting the habit. Smoker’s rates are twice as much.
After you’ve kicked your smoking habit, let’s continue your health journey by going to the gym. Increase how active you are can turn your life around. It will give you more energy, improve your mood, and it can even lower your premiums. Start going to the gym a couple of times a week and enjoy your savings.
How do you know if you have the cheapest rates and the best plan? Compare! When you shop for any major purchase, you probably do a lot of shopping around first, and life insurance is no different.
Each company is going to have different stances on irregular heartbeat. Some are stricter than others. You want to avoid the strict companies. The best way to compare plans and find the right one is to work with an independent broker.
We aren’t paid by a single company. We are licensed by over 30 companies and can bring you quotes from all of the best companies across the country.
Obtain An Accurate Quote
With the information you need to answer these questions in hand, you will be ready to begin the process of obtaining a quote for irregular heartbeat life insurance.
Having an accurate quote is the best way to ensure you have the coverage you need to maintain your financial security in the event of a medical emergency. Although living with an irregular heartbeat may cause you concern, there is no need to stress over finding life insurance coverage. With our simple process, obtaining an accurate quote is as simple as filling out a form and talking with us on the phone today. This way, you can rest assured that your affairs are in order so you can get back to enjoying your life. Fill out the form on this page or contact us at 888-552-6159.
If you have any health problems, or maybe your health isn’t the greatest, but there are still plenty of opportunities for cheap coverage.