It can be hard knowing where to turn to obtain life insurance or income protection insurance after undergoing an angioplasty procedure. You may feel as though you’re uninsurable, but this is far from the truth. You may not realise that not only can you often get the insurance cover you need despite angioplasty, but it might well be possible to find a better deal than you were expecting with Special Risk Managers on your side.
At Special Risk Managers, we help people with a range of medical conditions find affordable life insurance and income protection insurance. We give you the advice you need to make an informed decision and point you in the right direction.
What is Angioplasty?
Angioplasty is the preferred method of treatment for a patient diagnosed with atherosclerosis. Atherosclerosis is the name given to the build-up of plaque inside the arteries – usually associated with coronary heart disease. It can also be caused by lifestyle factors such as high cholesterol, smoking, diabetes and high blood pressure.
The purpose of this procedure is to restore blood flow in an artery that is blocked or narrowed due to plaque. The process is relatively straightforward, and most people can return home the day after angioplasty. They can also return to work within a week.
Angioplasty involves inserting a balloon-like device into an artery that has been blocked. Once the device is in the artery, it is expanded and compressed multiple times so that blood flow can be improved. A stent may also be inserted into the artery to keep it open, further improving the blood flow. By improving the blood flow through the artery, this should reduce chest pain and minimize damage to the heart muscle.
Insurance and Angioplasty in Australia
The angioplasty procedure has a very high success rate in Australia, with stents also used in about 95% of angioplasty cases. According to the Australian Institute of Health and Welfare, coronary angioplasty accounts for 76% of all revascularisation procedures in Australia.
When it comes to insurance for people who have undergone an angioplasty in Australia, it is measured as a relatively minor risk by underwriters compared to other heart conditions and procedures. That is because this process rectifies blockage in the artery and is aimed at improving your health.
Any measures taken to improve your health will be looked upon more positively. However the medical condition you have associated with the procedure could poorly reflect on the outcome of your insurance assessment.
To accurately determine your eligibility for insurance, underwriters ask a series of questions regarding your health condition to assist in determining its severity and how successful the procedure has been to fix your health problems.
Getting Life Insurance for People with Angioplasty
You will be pleased to know that most people who have undergone angioplasty are likely to qualify for a life insurance policy. An applicant who undergoes this procedure will be put into the high-risk category, however. Therefore, particular insurance companies who have experience handling high-risk cases should be approached.
This is where Special Risk Managers comes in. As experts in life insurance for pre-existing conditions, we know the right direction to take to get you covered.
Factors Considered by the Underwriter
The overall outcome and premium you pay for your insurance policy will depend on a number of factors considered by the underwriter, such as:
– The severity of your condition
– How long you have had atherosclerosis for
– How many times you have undergone the angioplasty procedure
– The conditions you have been diagnosed with
– To what extent you have recovered
The underwriter assessing your case will also like to see evidence that you are making lifestyle changes to improve your overall health. This could include:
– Healthier eating
– Quit smoking
– Reduced alcohol consumption
– Diet changes
– Weight loss
Typically it is possible to obtain life insurance shortly after an angioplasty. If your condition is severe enough or if there are other significant health factors involved, you could be denied cover. The other possible outcomes include a premium loading or the exclusion of heart problems from the policy.
That is why you should never go it alone when searching for life insurance or income protection insurance after undergoing an angioplasty procedure. Allow our experts to help you by sourcing a range of comprehensive insurance options for you and providing professional advice and support so that you have the best chance possible of getting the cover you need.
You only get one chance to make a good first impression, and at Special Risk Managers we specialise in successfully matching people with medical conditions like atherosclerosis with the best possible insurance cover.
Get a Quote for Life Insurance or Income Protection Insurance
Whether you are looking to obtain life insurance, TPD insurance or income protection insurance, Special Risk Managers is here to help. After undergoing angioplasty, don’t let your condition prevent you from searching for and purchasing quality life insurance cover. We have a strong history of successfully finding cover for our clients with a range of medical conditions and health issues.
By leveraging our network of leading insurance companies combined with our focus on helping people obtain insurance despite their condition, we can give anyone who has undergone angioplasty the best possible chance of obtaining an insurance policy at an affordable price.
By accurately assessing your condition, we can inform you of your eligibility right away, so if getting covered is important to you and you have been diagnosed with angioplasty, call us today on 1300 66 53 56.