Life Insurance with Atrial Flutter…What you Need to Know
Life insurance with atrial flutter can be a real challenge. Luckily, you have landed in the right place to learn the tips and info needed to obtain the best possible rates on life insurance with atrial flutter.
Atrial flutter is insurable in most cases. Your rates will be dependent on the frequency and severity of the flutter and the carrier chosen. The "carrier chosen" issue is very important, as different insurance companies have differing risk appetites when it comes to offering contracts for life insurance with atrial flutter.
With a history that includes a cardiac arrhythmia such as atrial flutter, life insurance carriers will want to know as much as they can about the risk they are being asked to insure. This is no different than how the carriers deal with any other condition like history of heart attack and stroke, or even lifestyle choices like marijuana use and scuba diving.
The purpose of this article is to provide a brief description of the condition and answer any questions you may have about how to obtain life insurance with cardiac arrhythmia at the best price possible.
If you already know more than you ever wanted to about atrial flutter, or you know exactly what you are looking for, you can use the quick navigation tool to skip around.
Fast fact About Atrial Flutter
Atrial flutter is a cardiac arrhythmia that is closely related to atrial fibrillation. In fact, Atrial flutter often accompanies atrial fibrillation.
Both conditions are types of tachycardia, a condition where the heart beats rapidly causing the upper chambers of the heart (atria) to be out of sync with the lower chambers.
While dangerous atrial flutter tends to be more benign than it's more serious kin AFib. The major concern with atrial flutter is that weakening of the heart muscle can lead to heart failure, heart attack and stroke.
Some of the better known folks with cardiac arrhythmia's include: President George H.W. Bush, Vice President Joe Biden and singers Elton John and Miley Cirus.
Life Insurance with Atrial Flutter: What Carriers will Take into Consideration
Life insurance underwriters will generally be concerned with 5 general questions
- Do you fit into the usual risk factors for the condition
- What are/were your syptoms
- What was the Diagnosis & Treatment
- What is the aftercare (follow up & compliance)
- What is your health like apart from the condition/history in question
While the outline above is general in form , the questions will require specific answers. These answers will be gathered from your application, a telephone interview, the Medical Information Bureau, a Script Check, and an Attending Physicians Statement (APS).
Lets look at the general areas of inquiry one at a time.
Do you "fit" into the usual risk factors for the Condition
Because cardiac arrhythmia is closely correlated with serious heart issues, underwriters will scrutinize symptoms more closely than most files.
Underwriters tend to be more comfortable with making offers when the applicant's condition fits into a common risk factor pattern. If the condition doesn't fit, there is a concern that something else is at play. When this is the case, underwriters will try to allay their fears by taking a harder look at the file.
Other than advancing age and genetics, the risk factors for atrial flutter tend to revolve around serious health conditions such as smoking, high blood pressure, heart disease, kidney disease, obesity, diabetes, and alcohol abuse.
What are/were your symptoms
When underwriting life insurance with cardiac arrhythmia such as atrial flutter, carriers will want to know the symptoms you had (if any) and how long you had them before the diagnosis.
The Heart Rhythm Society list the following symptoms:
- Heart palpitations (feeling like your heart is racing, pounding, or fluttering)
- Fast, steady pulse
- Shortness of breath
- Trouble with everyday exercises or activities
- Pain, pressure, tightness, or discomfort in your chest
- Dizziness, lightheadedness, or fainting
Your Diagnosis and Treatments
Life insurance underwriters will want to know the diagnosis of your arrhythmia and the date of the initial diagnosis. They will also need to know about any any subsequent episodes. Underwriting will additionally want to know what medications you have been prescribed for your arrhythmia.
With the help of your application, interview, and attending physician's report, underwriters will review any ECG results - including from event recorders or Holter monitors. Underwriters will need to know if your diagnosis is paroxysmal (less than 12 times/yr) or persistent (needs treatment to return to normal function) or permanent.
Underwriting will need to know if you have undergone a reset of the heart rhythm with either an electrical cardioversion or a pharmacuetical cardioversion.
Additionally they will require information on any surgical ablations and any maintenance drugs you are being prescribed.
The list of most common pharmaceutical drugs prescribed for arrhythmia is highly dependent on the type of arrhythmia and the severity of the case.
While there is a question if Afib drugs are of help with atrial flutter,we have listed the common Afib drugs because atrial flutter is often found in concert with Afib. The AFib maintenance medications the Mayo Clinic cites the most common are as follows:
- Dofetilide (Tikosyn)
- Propafenone (Rythmol)
- Amiodarone (Cordarone, Pacerone)
- Sotalol (Betapace, Sorine)
While information that is "foggy" will be taken from your medical records, knowing the dates of diagnosis and treatments is necessary to get an accurate quote.
Your Follow Up Care
When evaluating life insurance with atrial flutter applications, underwriting will want to see compliance with prescription medication and any follow up requirements including doctors appointments.
Are you going to the doctor regularly? Are you have ECG's done? Follow up compliance is a huge selling point to underwriter sitting on the fence about a rating.
Your Over all Health (and related conditions)
While any application for life insurance will take into consideration your overall health including conditions like high cholesterol and gout, underwriters in cardiac arrhythmia cases will specifically look for both risk factors and certain complicating conditions. The serious complications associated with cardiac arrhythmia are heart failure and stroke.
Obtaining Life Insurance with Cardiac Arrhythmia
With a couple of caveats, the process of obtaining life insurance is essentially the same for everyone regardless of health.
The primary caveats with atrial flutter are that no exam or so called “non-med” policieswill only be available in very small face amounts and an attending physician's statement (APS) is guaranteed to be requested.
The APS can slow the process as doctors are in no hurry to respond to requests from life insurance companies.
The information that you will be required to provide in order to get the most accurate quote is as follows:
Date of Diagnosis
Age at Diagnosis
Treatments Undergone (medicines,surgeries, treatments)
Dates of Treatments (and follow up history)
Severity of Symptoms
Other Health Issues
Possible Underwriting Ratings for Life Insurance with Atrial Flutter
Because applications for life insurance with atrial flutter are evaluated on a case by case basis, your story matters. That is to say two people with the same age and condition may get vastly different offers from the same carrier based on age of diagnosis and patient compliance.
Best Case – If paroxysmal atrial flutter is detected early, symptoms are under excellent control and complications or further damage to the heart has been prevented, many cases have a chance for a standard/ preferred rating. Simply use the quoter on the left for a standard quote.
Mid Case–The most common rating for paroxysmal atrial flutter applications and the best possible for a chronic case. You calculate this rate by multiplying the standard rate by 1.5 (Table 2/B) or 2 (table 4/D).
To learn about how table ratings work click here.
Severe Case – If your AFlutter is Chronic or has complications the best you will likely do is a severe substandard rate. You calculate this rate by multiplying the standard rate by 3 (Table 6/F) or 4 (table 8/H).
* while expensive this may still bea very good outcome for the circumstances
Decline– For a severe case you may be declined for traditional coverage. If this is the case you may be eligible for a smaller face amount policy. These policies are referred to as Guaranteed issue or simplified issue. If you have been declined please contact us.
Why you Should Use an Independent Agent when Shopping for Life Insurance with Atrial Flutter
Now you already understand that your story matters, and that two people in similar situations can get very different offers from the same carrier.
What you might not know is that different insurance companies will also treat each case differently.
For example TransAmerica may have more of an appetite for the risk that life insurance with atrial flutter presents than say Protective. In this case the underwriting grade will reflect this increased appetite.
So, if your Agent only represented one carrier and you found out later that that you could have gotten a rate 35% or 45% better, how would you feel?
You’d probably be pretty peeved either at the agent or yourself or both. So it’s important that your Agent represent multiple carriers.
In fact a good independent agent will have access to over 50 carriers. This ensures the best chance at a good rate.
Note that if he doesn’t, he most likely won’t be in a hurry to let you in on this information.
Case Study: Pricing Life Insurance with Atrial Flutter
So, I have been carrying on about the importance of using an independent Agent and you may think that sounds pretty self serving coming from an independent agent.
You are right, it is. However, it is also the (provable) truth.
Please see the case study below . it will show why it is in your interest to have as many options as possible available when shopping for life insurance with atrial flutter or any other impairment.
Gender: Male Age: 53
$250000 20 Year Term
Well controlled mild proximal atrial flutter Diagnosed Age 46
Atenolol for maintenance , No Other Health Concerns
This looks like a best case scenario would be either standard or Table 2/B depending on the insurers appetite for a atrial flutter risk. Let’s take a look at the rates.
Standard Rates Table 2/B Rates Table 4/D Rates
|CARRIER||MO. PYMT||CARRIER||MO. PYMT||CARRIER||MO. PYMT|
This table which shows only a few of the major life insurance companies available, illustrates the difference in rates. For standard rates Prudential is about 15% more expensive than Banner.
On it’s face this seems like a pretty straight forward choice and if underwriting grades between carriers is the same, it really can be that simple.
This type of easy price comparison is particularly helpful for younger people in good health and shows why you want to use an independent Agent.
For people who suffer from Aflutter, or any other serious diagnosis, it gets much more complicated.
Because life insurers manage their appetite for specific risks by being more lenient or more stringent with underwriting grades, you need to know which company will grade you a standard risk and which ons will grade you as table 2-4.
In the case above Banner is best in either case. But, if your Agent can’t use Banner, Prudential (the most expensive standard rate) is likely to be the best deal because the more competitively priced carriers will likely rate the risk table 2 while Pru might well go standard.
This is something you can’t know by simply looking at the lowest price. In this case using an independent agent could save you obout 25% (the difference between Prudential @ standard and Principal @ Table 2).
Over the life of the policy that’s more than $7800 that would be better left in your wallet!
Your Next Step
Thank you for choosing the Life Insurance Help Desk to research life insurance with atrial flutter.
Now that you know the information you will need to receive the most accurate quote possible, it’s time to gather the information and speak to an independent Agent (raising my hand).
We are committed to totally transparent pricing (we’ll even share our computer screen with you if you’d like), and making the application process as painless as possible.
Should you have any questions please do not hesitate to give us a call or Simply give us a call or shoot an email over.