How To Get Life Insurance After A TIA

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Understanding TIA and Life Insurance

A Transient Ischemic Attack (TIA), often called a mini-stroke, is a temporary period of symptoms similar to those of a stroke. While a TIA doesn’t cause permanent damage, it serves as a warning sign for future strokes. If you have a history of TIA, you may wonder if you can still secure life insurance. The answer is yes. However, insurance underwriters will scrutinize various aspects of your medical history.

How To Get Life Insurance After A Tia

Key Factors Underwriters Consider

Severity and Frequency of TIAs

Underwriters will want detailed information about the severity and frequency of your TIAs. More severe or frequent attacks may lead to higher premiums or limited coverage options.

Date of the Last TIA

The time elapsed since your last TIA is critical. A longer period without recurrence generally improves your chances of securing favorable insurance terms.

Residual Effects

If you have any residual effects from the TIA, such as difficulty with mobility or speech, these will be important factors in the underwriting process.

Underlying Conditions

Conditions such as high blood pressure, diabetes, or heart disease that may contribute to your risk of stroke will be considered. Managing these conditions effectively can positively influence your application.

Treatment Plans and Medications

Your ongoing treatment plan, including medications and lifestyle changes, will be evaluated. It can be beneficial to demonstrate adherence to your treatment plan.

Overall Health

General health factors such as age, weight, smoking status, and family medical history also play a role in the underwriting decision.

Documentation and Medical Records

Expect to provide comprehensive medical records, including a statement from your healthcare provider detailing your TIA history and overall health management. This documentation helps underwriters assess your risk profile accurately.

Tia Life Insurance

Policy Options for Individuals with a History of TIA

Term Life Insurance

Term life insurance offers coverage for a specific period, such as 10, 20, or 30 years. It is often more affordable than permanent life insurance and can provide substantial coverage amounts. Underwriters will assess your TIA history and other health factors to determine eligibility and premiums.

Whole Life Insurance

Whole life insurance provides lifelong coverage with a cash value component. Premiums are generally higher than term life insurance, but this option offers more stability and the potential to build cash value over time. Approval may depend on the severity and management of your TIA and other health conditions.

Guaranteed Issue Life Insurance

Guaranteed-issue life insurance does not require a medical exam, making it accessible for individuals with significant health concerns. However, premiums are higher, and coverage amounts are lower compared to term or whole life insurance. This option is suitable for those who might face difficulties getting approved for traditional policies due to their TIA history.

Insurance Companies That Accommodate TIA Histories

Some insurance companies are known for their flexible underwriting policies and willingness to cover individuals with a history of TIA. These include:

These insurers offer specialized policies and underwriting practices that consider pre-existing conditions, providing a better chance of obtaining coverage.

How We Can Help

At The Annuity Expert, we understand the complexities and emotional toll of securing life insurance after experiencing a TIA. For 15 years, we’ve been an insurance agency, annuity broker, and retirement planner dedicated to finding the best solutions at the lowest costs for our clients. We believe in providing personalized and thoughtful service to make you feel valued and special.

Identifying the Core Problem

Securing life insurance after a TIA can be challenging due to stringent underwriting criteria. The primary problem is the fear of leaving your loved ones without financial security due to potential policy denials or unaffordable premiums. This fear can lead to significant stress and anxiety, affecting your overall well-being.

Demonstrating Understanding and Authority

We recognize the importance of having life insurance that meets your unique needs and offers peace of mind. Our expertise in handling high-risk cases, coupled with our commitment to personalized service, ensures that you receive the best possible coverage options tailored to your situation.

What We Recommend

Step 1: Initial Consultation

The first step is to contact us for a free consultation. During this session, we will gather detailed information about your TIA history, overall health, and insurance needs. The main benefit of this step is gaining a clear understanding of your specific situation and the insurance options available to you.

Step 2: Tailored Policy Search

Next, we will conduct a thorough search of available life insurance policies that accommodate your health profile. We will leverage our network of flexible insurers and our deep industry knowledge to find the best policy for you. The main benefit here is accessing a range of options that you might not find on your own, ensuring you get the best coverage at the most competitive rates.

Step 3: Policy Selection and Application Assistance

Finally, we will guide you through selecting the most suitable policy and assist you with the application process. We will help compile the necessary documentation and liaise with underwriters on your behalf. The main benefit of this step is the peace of mind of knowing that experts are handling your application, increasing your chances of approval.

Features and Benefits

  • Personalized Service: Tailors your insurance options to your unique needs, ensuring the best fit for your situation.
  • Expert Guidance: Navigates the complex insurance landscape for you, reducing stress and saving time.
  • Comprehensive Support: Assists with documentation and communication with insurers, increasing approval chances.
  • Access to Specialized Insurers: Provides options from companies known for flexible underwriting policies for TIA histories.

You might worry about high premiums or the likelihood of rejection. We address these concerns by leveraging our expertise to find the most cost-effective policies and our strong relationships with insurers who understand high-risk cases.

Failing to secure life insurance can leave your loved ones vulnerable and unprotected. By working with us, you ensure their financial security and gain peace of mind. You will experience relief from knowing your family is protected, allowing you to focus on managing your health and enjoying life.

For personalized advice or a quote, contact us today. Our experts are here to help you find the best coverage to secure your financial future.

Get Life Insurance Help

Get help or a quote from a licensed financial professional. This service is free of charge.

Contact Us
First
Last

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Shawn Plummer is a Chartered Retirement Planning Counselor, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

Scroll to Top