Wallace Group - Insurance Blog

How to buy life insurance if you have congestive heart failure

Congestive Heart Failure (CHF) is usually a disqualifying question with many typical life insurance carriers. However, in many cases, we are able to offer life insurance to people who have been diagnosed with congestive heart failure. Life insurance for people with congestive heart failure will depend on how long ago you were diagnosed. If you would like to get started today, hit the quote link at the bottom of the page.

Depending on the stage and time of your diagnosis of CHF, you might qualify for first day coverage with your life insurance. First day coverage means you are covered if you passed away as long as your premium is paid. Some carriers will offer you first day coverage if you were diagnosed 5 years ago or longer. This of course assumes that your health is otherwise fine or at least has been well managed for 2 years or more. Well managed health means your weight is reasonably health or you have been without new health diagnoses for at least 2 years. Well managed health also includes such things as no hospitalizations recently. If have other health conditions, such as diabetes or high blood pressure, they should be controlled. This will help you purchase life insurance even if you have congestive heart failure.

So, what if you were diagnosed within the last 5 years of congestive heart failure, can you still buy life insurance? Yes. If you are ready to begin, click on the quote link below and get started today.

Life insurance for people with congestive heart failure will typically be a graded policy if you are diagnosed within the last 5 years. Graded policies are ones that will refund your premium plus 10% interest if you pass away due to illness or natural causes. If you pass away due to an accident, the graded policies we offer will pay the full amount. Once you have had the policy for 2 years, you will be paid the full amount of the policy if you pass away for any reason.

Depending on your set of circumstances, a graded policy is a good route if you have no life insurance and you have had a recent diagnosis of congestive heart failure. You will have some coverage in place to help pay for your final expenses. These types of policies can be as high as $25,000 or as low as $5,000. The premiums are fixed and several carriers will offer life insurance to applicants with congestive heart failure. The important issue if that you have some kind of coverage in place. Some insurance is always better than zero insurance.

Due to the nature of blogging I can only offer general guidelines here, but the only way to have definitive answer to your situation is to fill out the quote and visit for a few minutes about your circumstances and go from there. The reason The Wallace Group is able to offer life insurance solutions for people with congestive heart failure is because of our enormous access to carriers and our expertise in knowing what underwriters are looking for in an application. I cannot wait to help you!

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