If you have a stent in your heart and have been looking for stent life insurance from standard providers, then you know how difficult it can be to get your application approved. There’s simply no way around it: getting life insurance with a stent is challenging, no matter how healthy you might otherwise be. It’s not so much the stent itself that turns insurance providers away; it’s the associated risks and complications that make them extremely cautious about approving applicants with stents. Unfortunately, traditional income protection is rarely available if you have had a stent. However, Accidental Income Protection (cover that protects you when you have an accident as opposed to an illness) is generally available.
Many have tried to apply for stent life insurance, and many have been turned down. In fact, it’s become so challenging to get life insurance with a stent that many people assume that it’s impossible. But we’re here to tell you it is possible if you know what to do and if you work with the right insurance specialists.
If you’ve been rejected by companies before because of your stent, or if you’re having trouble finding providers willing to approve your application, then let Special Risk Managers help you. As Australia’s leading specialists in finding life insurance for those with serious medical conditions, we’ll help you get the life insurance you’re looking for. From comprehensive life insurance policies to TPD insurance and income protection, we’ll help you find your best options.
Call us on 1300 665 356 to get started.
What is a Stent?
A stent is a small mesh tube that’s inserted into an artery to promote blood flow. Stents are inserted through a procedure called percutaneous coronary intervention (PCI), which is also known as a coronary angioplasty.
Stents are typically used in patients who have arteries that are narrowing or weakening. The stent effectively expands the arteries, encouraging blood flow and preventing blockages from plaque or other substances.
Life Insurance Complications with a Stent
In life insurance, the trouble with stents isn’t the stent itself. Rather, it’s the serious medical conditions commonly associated with it.
Many stents are the result of a past heart attack or stroke, which are serious medical conditions that any insurance provider will typically be wary of. The need for a stent may also indicate an existing heart condition or the natural weakening of the heart’s arteries, both of which are causes of concern for insurance companies.
Even if insurance providers do accept those risks and move ahead, they’ll naturally be more cautious and apprehensive about your stent life insurance application. Standard insurance providers, for example, will normally only approve applications starting six months after a stent surgery. This is because complications from stent surgery often present themselves within this period, and insurance providers will want to make sure that they’re not taking in more risk than they have to.
Many also find that even if an insurance company does approve their application, it’s likely that it will come with higher premiums and/or limited policies.
Although finding the right cover for your condition can be difficult, it’s not impossible. At Special Risk Managers, we’ll help you find your best life insurance options for stent. We’ll explore your different options and find affordable and comprehensive cover according to the severity of your condition. This way, you’re less likely to pay unnecessary premiums and fees.
Call us on 1300 665 356 to get started. We’re experts at helping patients find appropriate life insurance, trauma insurance, total & permanent disability cover, and income protection insurance for special and difficult conditions.
Factors Insurance Providers Consider
When it comes to assessing applications from applicants with a stent, insurance providers will usually consider the following factors:
- Reason for Getting a Stent – Applicants whose stents were the result of heart attacks and strokes are typically classified as higher risks than those whose stents were inserted because of other reasons.
- Number of Stents – Do you have only one stent inserted in your heart or multiple stents? More stents generally mean a higher level of risk for insurance providers because this could indicate poorer health or more severe cases.
- Recovery and Response – How has your body coped since having your stent surgery? Have you made the appropriate lifestyle changes to improve and maintain your health? These factors help insurance providers assess your level of health and your overall risk level for life insurance.
- Medical History – Do you have an underlying heart condition or a family history of heart disease/stroke? These factors could influence your level of risk and provide an indication of where your health condition may head.
- Treatment and Maintenance – What medications are you taking? How were the results of your recent stress tests and other medical exams? This demonstrates how well you’ve coped since your stent surgery, and it also provides a glimpse of how well you’ll take care of yourself in the future.
What all this shows is that when it comes to getting life insurance with a stent, the burden of proof regarding your health is on your side. You need to prove that your level of risk isn’t as high as most insurance providers assume in the beginning. And if your case is indeed as severe as they assume, then you must prove that you’re doing everything you can to minimise risks and live as healthy as you can.
Need more help in getting your application approved or finding stent life insurance providers willing to provide fair coverage for your condition? Our experts at Special Risk Managers can help. Call us today on 1300 665 356 to get the guidance you need.
Why Choose Special Risk Managers
At Special Risk Managers, we believe that everyone has the right to life insurance, no matter their medical condition or circumstances. We specialise in finding life insurance options for those who have serious medical conditions or those who are in special circumstances that make it difficult to get approval for their applications. In fact, insurance companies across Australia regularly turn to us for help in finding life insurance for their special, high-risk clients. We’re also renowned for our ability to find life insurance for those who most other companies would normally consider “uninsurable”.
And if your application is already approved, but you’re unhappy with the premium rates and coverage offered, we can help you explore your other options. We’re here to prove that getting affordable stent life insurance is possible.
With our help, you can stay confident knowing that having a stent in your heart is not the end of the line when it comes to getting life insurance for you and your family. On the contrary, you have more options than you think. Contact us today to get in touch with one of our life insurance specialists. Whether you’re after comprehensive life insurance, TPD insurance, trauma insurance, or income protection, we’ll help you explore your best options available.