Are you having trouble obtaining life insurance or income protection insurance after an atrial fibrillation diagnosis?
Special Risk Managers is here to help. When faced with the challenge of finding cover with this condition, there is no need to lose hope. It is still possible to find the cover you need.
With Special Risk Managers by your side, you will have a better chance of gaining the protection you need. Our extensive experience in the insurance industry allows us to offer reliable advice and point you in the right direction towards an insurance provider that will cover you after an atrial fibrillation diagnosis.
We specialise in finding life insurance for people with a variety of medical conditions. We can advise if you qualify for cover, provide advice about which insurance policy will suit you best and confirm the premium you can expect to pay.
Get one step closer to finding affordable life insurance when you have atrial fibrillation by filling out our questionnaire and a member of our team will be in touch with you shortly.
About Atrial Fibrillation
Atrial fibrillation, also known as ‘arrhytmias’, ‘Afib’, ‘A-Fib’ or ‘dysrhythmias’, is a condition where the heart beats rapidly and irregularly. This irregular heartbeat is due to distortion of the heart’s electrical system.
Symptoms of this condition are not always obvious so it can often go undetected. Some of the common symptoms include dizziness, irregular heartbeat, an inability to tolerate exercise and fainting spells.
There are three types of atrial fibrillation:
– A one-off episode of irregular heart beating
– Occasional episodes of irregular heart beating that last for short periods of time
– A persistent irregular heartbeat
When an irregular heartbeat is persistent, this is known as chronic or permanent atrial fibrillation. The most common causes of chronic atrial fibrillation are coronary heart disease and long-term high blood pressure. If left untreated, this condition could result in a blood clot developing – ultimately leading to stroke or heart failure.
It is important to determine the type of atrial fibrillation you have as it will significantly impact on the outcome of your insurance application.
How Life Insurance with Atrial Fibrillation is Assessed
The best way to be prepared when seeking out life insurance or income protection insurance is to understand exactly how the assessment process will take place for your condition.
To accurately assess your condition and determine your eligibility for life insurance, an underwriter is likely to take the following factors into account:
– When the diagnosis was received
– What symptoms you are experiencing
– The severity of your condition
– The last time you experienced symptoms
– How often symptoms occur
– If you have regular check-ups with your cardiologist
– If you have any risk factors
– If you are taking maintenance medications
– If relevant ECG tests have been performed in the past 6 months
– Any other medical condition you may have
The best possible outcome you can receive with this condition is a policy no different to any other person. When undergoing assessments for life insurance, you may receive a policy with a standard rating if you meet the following requirements:
– Have a one-off or occasional case of atrial fibrillation
– Receive treatment early
– Show signs of full recovery
– Proof of recovery is shown in diagnostic and laboratory exams
– Take part in regular visits to a cardiologist
– Experience less frequent symptoms
If you have been diagnosed with chronic atrial fibrillation, then it is highly likely that your policy will be issued at substandard rates. This rate usually applies to people who are classed as having a moderately risky health condition. This condition falls under this category because there’s a higher possibility of having long-term and irreversible damage to the heart muscles due to irregularities and medication.
With so many areas to consider, it is always a good idea to get guidance from an industry professional who has experience dealing with insurance providers for people with a range of health conditions.
Atrial Fibrillation and Life Insurance in Australia
Atrial fibrillation affects around 240,000 Australians and is the most common heart rhythm disorder in the world. As with any other condition related to the heart, the Australian life insurance sector considers the risk factor very carefully when deciding whether or not to provide cover and the level of premium to be paid.
In Australia, severe cases of atrial fibrillation can be treated with medication that can help stabilise and slow the heart rate, reducing the risk of blood clots forming. There are also surgical procedures available including catheter ablation, maze operation, and implanting an artificial pacemaker to treat this condition.
It is important for sufferers with both strong and mild cases to make lifestyle changes to reduce the risk to their overall health. These measures include:
– Regular exercise
– Losing weight
– Consuming a low-fat, high-fibre diet
– Cutting back on alcohol, smoking, and coffee
By taking these steps to improve your health, not only will atrial fibrillation symptoms improve, but you will also have a greater chance of obtaining a better rate for life insurance, income protection insurance, TPD and trauma insurance. Any steps taken to improve your health and condition are always looked upon favourably by underwriters.
Due to the prevalence of atrial fibrillation, the life insurance sector in Australia has flexible policy options available to suit people who suffer from this condition. The ultimate outcome of an assessment however comes down to the level of risk a sufferer is likely to have.
Getting Life Insurance with Atrial Fibrillation from Special Risk Managers
At Special Risk Managers, we want to ensure you and your family have security and peace of mind after receiving an atrial fibrillation diagnosis. We can help you find and obtain life insurance, trauma Insurance, income protection insurance and TPD insurance, and offer expert guidance to ensure you find a policy that suits you at the best possible premium despite your condition.
The process to gain advice and purchase life insurance through Special Risk Managers is simple. Just fill in our questionnaire truthfully and accurately, and we will be in touch to advise if you are eligible for cover and discuss your options further. We will also provide any advice you need, offer quotes from leading insurance providers and guide you through the application process.
So if you think you are uninsurable because of atrial fibrillation, think again. Turn to Special Risk Managers for the best chance of finding the life insurance or income insurance policy you need. Call us on 1300 66 53 56 and start on your path towards gaining the life insurance protection you need today.