What are my options?
Mainstream insurance providers might class you as ‘high risk’ but getting life insurance at a reasonable price, isn’t an impossibility after a heart attack. If the attack was several years ago and you take good care of yourself; don’t smoke or drink too much and stay in shape – then you might be surprised. You’d certainly pay less than someone who’d had a heart attack but still liked to party hard with a drink in one hand and a cig in the other.
Any policy you’re offered may also have exclusions relating to heart conditions, so should you die of a heart attack, then your insurance provider won’t have to pay out. It’s important to read all the terms and conditions (and make sure you understand them) so that there are no unpleasant surprises for your loved ones if a claim’s made.
Be honest about your medical history. Although not always necessary, you may have to have a medical or your doctor will be asked for a report on your health, in which case, any health issues would become apparent. If having a medical is something that concerns you, then you can find out more about life insurance with no medical.
If your heart attack is a distant memory, it might be tempting to simply not mention it, but be truthful because if your insurance provider discovers an undisclosed heart condition or heart attack, then they could refuse to pay out in the event of a claim.