Life Insurance for Stroke Patients who use tPAs and Other Stroke Medications
Finding a Policy Doesn’t Need to be Difficult
It’s not easy to find an insurance policy when you’re dealing with health issues like stroke. Many insurance companies decline stroke coverage, but at our brokerage, we are happy to help and will find you your most affordable option. Instead of trying to find a policy yourself, let us help you narrow your options. We are familiar with many impaired risk life insurance companies, making us well-equipped to find you the best rate possible.
Getting life insurance after suffering a stroke can be very difficult. You may have heard that you can’t get a good health classification or that you may even be declined because you had a stroke.
However, life insurance companies all view health conditions differently, and there are numerous factors involved in determining your rating class. We are experienced in gathering pertinent information to help portray your condition in the best light to insurance companies. From there, we are familiar with which companies are more willing to offer better rates to people who other companies may consider “high-risk” applicants
We have high-risk experts on our team who can help you shop through all your life insurance options to help you find your best rate.
One thing to note is that life insurance companies differentiate between full strokes and nin-strokes, or transient ischemic attacks (TIAs). TIAs are able to resolve themselves without causing damage to the brain. These are typically recorded in your medical records from your patient reports rather than from a firm diagnosis.
Strokes and Life Insurance
Because strokes and TIAs tend not to be a one-time occurrence, insurance companies may postpone your application. This means that they insist you apply again after it has been at least a year since you had a stroke.
Residual effects from the stroke can also affect your rates. A table rating is generally a 25% increase in premiums.
Standard $100/mo. (No Table Rating)
Table 1: $125/mo. (Low Table Rating)
Table 2: $150/mo (Low Table Rating)
Table 3: $175/mo (Low Table Rating)
Table 4: $200/mo (Moderate Table Rating)
Table 5: $225/mo (Moderate Table Rating)
Table 6: $250/mo (Moderate Table Rating)
Table7: $275/mo (High Table Rating)
Table 8:$300/mo (High Table Rating)
In order to describe your specific case to insurance carriers, we would appreciate the following information:
- Date of Stroke
- What follow up studies were done? (CT Scan, EKG, MRI, Carotid Ultrasound, Other)
- What medications are you taking? Quantity/Frequency
- Describe symptoms experienced at the time of the Stroke
- Describe any residual effects from the Stroke
- Any other underlying health issues and/or medications
Some agents don’t look into the details of your case, so they’re just guessing your rates based on general guidelines. On the other hand, we are specialized agents in high-risk insurance. We ask for this information to build a case specific to your needs so we can find a rate that suits you. As a brokerage, we are only interested in helping you find your best insurance options.
Some agents don’t look into the details of your case, so they’re ignoring factors that might increase your chances of getting a good rating classification. On the other hand, we are specialized agents in high-risk insurance. As a brokerage, we are only interested in helping you find your best insurance options. Don’t hesitate to give us a call at 212-484-9888 for some peace of mind in knowing you’re getting the best rate.