When applying for life insurance after stroke it is vital to take into account certain factors that life insurance companies consider when underwriting these policies. The common stroke is classified as a cardiovascular disease which attacks the arteries which flow into and around the brain. The job of blood vessels and arteries is to carry oxygen and other essential nutrients to the brain. When a stroke occurs it means one of these arteries or blood vessels has either burst, or could blocked by a clot. This blockage prohibits the brain from receiving essential blood and oxygen which causes the brain cells to wilt, and can even cause death to someone.
With this information it is hard to believe you are still able to get life insurance, but it is still a possibility for many people.
You need to look through the lens of the insurance company when applying for coverage, and see what they view as a risk. It is important to know what factors life insurance companies are looking for, how you can be best prepared for your medical exam, and to have a realistic expectation of whether you will be able to obtain coverage or not.
The large majority of strokes are classified as an ischemic stroke. These strokes occur when a blood vessel which supplies blood to the brain is blocked and cannot perform it’s main function. Atherosclerosis is usually the source of the blockage, where fatty lipids build up along the blood vessel walls and eventually expand into a blockage.
The second most common type of stroke is a hemorrhagic stroke. When small blood vessels in the brain become weak, and can longer perform their duty, they may burst and result in an aneurysm. As the walls of these blood vessels become weak they may break down, which causes the aneurysm.
The third type of stroke, which is referred to as a mini-stroke, Transient Ischemic Attack (TIA) is typically a warning of a more serious type of stroke which could occur in the future. People experience TIA will typically experience all of the symptoms of an ischemic stroke, except after a certain period of time the body will be able to flush out the blockage, and go back to it’s original functionality. The symptoms usually last around 24 hours, but must be taken seriously because they are usually a warning sign a more serious stroke may be right around the corner.
Like many conditions and diseases, life insurance companies are checking to make sure if you have a history of stroke, you must be keeping it under control. You must be taking all prescribed medications, and also seeing your doctor(s) for all regularly scheduled visits. Details which life insurance companies typically want to know are:
• First time you were diagnosed with the stroke (month and year)
• What was your specific diagnosis
• What are were you diagnosed
• Precautions you must take for your stroke
• What type of treatment is/was being administered
• Other medical issues, or medications prescribed
• Do you currently, or have you used tobacco
There certain precautions which you can take when preparing for your life insurance exam, many of which should be taken regardless of whether you have had a stroke or not. By following these steps, you can give the life insurance company the best picture of “you”. By doing so, they will be able to give you an accurate risk rating, and appropriate premium. Be sure to:
• Attend all suggested doctors visits or treatments.
• Take prescribed medication, and the appropriate dosages
• Be sure your medical records are correct, and updated. Medical records belong to the individual and can be requested by you. The insurance company will pull your medical records, so be sure they are accurate
Typically those who diet, and exercise, are able to keep their risk for another stroke lower, and therefore can obtain a better risk rating through the insurance company. Keeping your blood pressure down is another important thing to consider. If you do not follow up regularly with your doctor or take medications prescribed you will most likely be rated higher by the life insurance company.
Life insurance is possible to obtain with a history of stroke.
Just like any condition or disease it is important you keep it under control. The approval rate increases drastically if you are keeping your post stroke activity under control. If you follow the advice outlined above, you will have a better chance at obtaining affordable life insurance coverage. If you do not get the outcome you are happy with from one company, you can apply to other companies to see what may be available.