Hypertrophic Cardiomyopathy and Life Insurance
Life insurance for HCM is not always easy to get since the condition inevitably poses a higher risk and so insurance premiums are likely to be higher. But this should not stop you from getting life insurance.
How does Hypertrophic Cardiomyopathy affect life insurance?
Life insurance is necessary for anyone with dependents. Once you have been diagnosed with Hypertrophic Cardiomyopathy, you should start arranging for life insurance for your family. Underwriters will put the following into consideration:
- The age at which one was diagnosed with the condition.
- The treatment or medication that one is using and whether you are following doctor’s orders.
- Any recent surgeries or hospitalization due to the disease
- The severity of symptoms of the condition
- Any other health problems you are experiencing.
What to keep in mind
- Get the right information upfront- get to know the people you are working with, like, do they present major life insurance? Do they have prior success rates for other people with heart conditions? Do they understand Hypertrophic Cardiomyopathy?
- Provide detailed medical information- the more information you give to the insurer to access your situation, the better since it’s all about determining the risk to be insured efficiently.
Having tests for cardiomyopathy but haven’t been diagnosed yet. Do you have to declare every detail?
When applying for the life policy, a person should disclose every detail to the provider. Underwriters may also ask different information and one of them is about the results of the medical tests you are undergoing. In this case, you’ll need to disclose so that they can properly decide which policy will be best for you and can also evaluate the cost. If you haven’t got your results, they may postpone your application until the result of the tests are completed.
We would recommend you to talk to one of our advisers for life insurance quotes.
Any quote that your adviser provides you with will take into account your circumstances, your medical history, as well as your budget!
Call 011-3733-4610 – Monday to Thursday from 11.00 to 19.00 and on Friday between 11.00 and 16.00