Life Insurance

djc1666

Hi First post.
I had a heart attack 4 years ago and I am having trouble obtaining life insurance.
Doe any know of a company that could help me
Best regards
D

Chris_Pollard

Hi DJC - can you explain a little more about the "trouble"? There is usually a period after a heart attack that insurers will want to pass before they quote terms. Usually once back at work (or otherwise "fit") for six months provides the comfort that the high risk of a second attack has passed. As four years has passed, whilst you will be asked to pay a higher premium that someone who hasn't had a heart attack, you should be able to obtain life insurance. If you are happy to share some more personal information - age, smoking status, any other relevant medical history, height/weight, I might be able to provide a bit more guidance as to what you might expect. Hope this helps.

dunstonh

Mainstream providers will look for a very long period before offering cover. However, there are specialist insurers that deal with IFAs that handle high risk/poor health cases. However, be prepared for the premiums to reflect the level of risk.

djc1666

Hi
I had my Heart Attack 4 years ago
I stopped smoking 4 years ago when I had my H.Attack
I weigh 13 st 2lbs
Height is 5ft 8in
I took 1 month off work which is a physical job Engineering
I had 1 stent fitted
I will be 50 in June this year
Thanks in advance

Weighty1

Based on that info, I'd expect most insurers to offer cover. L&G have made a recent change to their underwriting in that they won't offer cover to anyone under the age of 50 following a heart attack, but others should be ok. It will be dependent on which vessel was stented and the degree of blockage within the vessel, but even so.

Personally, I'd have expect a premium increase of around 125-150% on a case like this ie. A £20 premium becoming a £45-50/month premium.

djc1666

Thank you
D

Chris_Pollard

D, just to say, I agree with Weighty1's assessment. I'd recommend you contact a protection broker - they'll take details, and call a few firms to get an idea of underwriting before making formal applications. It should be pretty straightforward, but regrettably you will be charged an extra premium, but should get the cover you need.