Affordable Life Insurance with Atrial Flutter…Get the Best Deal

Affordable Life Insurance with Atrial Flutter…Get the Best Deal

Life Insurance With Atrial Flutter 


Impact on  Underwriting Class:

Significant 

Standard Rates Possible

Table Ratings Likely

Rate impact based on severity and

frequency of Incidentscomplications,

prescription drug use & overall health 


Can I be approved for life insurance with Atrial Flutter?

What information will  life insurance companies want to know?

Will I need to take an exam for atrial flutter life insurance?

How much will my life insurance cost and how exactly are my rates affected by my atrial flutter?

How accurate are the quotes I get from your quote tool? 

How can i improve my underwriting rating and lower my life insurance cost?

What are the best life insurance companies for atrial flutter?

What is the application process for life insurance with atrial flutter?

Traditional Term Life Insurance for AFlutter (Atrial Flutter)

While it is possible to get standard  rates on applications with an AFlutter diagnosis, it requires a carefully packaged application to a receptive insurer. Therefore it's important that you use an agent that is experienced with Atrial flutter cases and has access to the carriers most likely to be receptive. 


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.

Primarily, term life insurance is available for lengths ranging from 5 years to 30 years with 20-year terms being the most popular. Term policies usually have a minimum face amount of $50000, and the policies terminate at the end of the term period or can be renewed annually at a vastly increased rate.

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.

Term life Insurance Pricing with Atrial Flutter

At the top of this article we stated  that any body can be approved for affordable life insurance with AFlutter Note, however, we mention “affordable” rather than "inexpensive" or “low cost". The reason for the distinction is that all too often, life insurance with atrial fibrillation is not cheap life insurance.

In fact, because the coverage can be  expensive on a per benefit dollar basis, the benefit is often reduced to make the life insurance affordable. While this is often not an ideal situation, the truth is we all have to live within our budgets, and sometimes the way to make life insurance with atrial fibrillation affordable is to  reduce either the term of coverage or the benefit amount. 

The basic mechanics of term life insurance are pretty straightforward. As long as the policy premium is paid by (or for) the insured, and the policy is in force, the beneficiary will receive the death benefit upon the insured's death. 

Some Sample Non-Smoker Monthly Term Rates for AFib

     Male                                                    Female

$500000 20 Year Term

Age

standard

Table  B

Table D

25

$37.24

$43.73

$56.57

30

$37.82

$46.78

$60.90

35

$38.74

$50.95

$66.09

40

$59.60

$74.36

$97.42

45

$94.63

$119.68

$157.85

$100000 10 Year Term

Age

standard

Table B

Table D

50

$23.017

$31.46

$39.90

55

33.08

$46.55

$60.03

60

50.57

$73.01

$95.63

65

78.75

$115.06

$151.38

70

146.46

$204.35

$270.75

$250000 10 Year Term

Age

standard

Table  B

Table D

25

$1392

$17.045

$21.00

30

$14.53

$17.04

$21.00

35

$14.19

$18.92

$23.555

40

$18.92

$22.90

$28.81

45

$26.25

$33.29

$42.67

$200000 20 Year Term

Age

standard

Table  B

Table D

50

$48.88

$70.045

$91.19

55

$71.31

$100.57

$132.38

60

$116.085

$163.05

$215.68

65

$206.76

$291.3175

$386.70

70

$431.29

$541.3229

$719.51

The trickiest part of term life insurance with a health condition like atrial flutter is finding the best deal. This is because different carriers have differing appetites for certain kinds of risks. As 

a result navigating this process is not as easy as using a quote tool and picking the lowest price. This is discussed in detail in the case study below.

How Term Life Insurance Works...Exam or No Exam?

Although the term life insurance market is quickly adopting accelerated underwriting programs that do not require a medical exam as part of the application process, this option will not be available if you have been diagnosed with atrial fibrillation.

You will be required to take a pare-medical exam. The exam is a 15-20 minute meeting with a  nurse. Your exam will consist of a blood draw, a urine sample, and height and weight recorded.

The medical exam is discussed in detail here. 

Phone Interview

Most term carriers will have the underwriting department do a telephone interview with you. The In the case of AFlutter the conversation will be wide-ranging, and last about 20 minutes.

The purpose of the interview will be to flesh out the information that it has from your exam, medical information, and driving history. Questions will often revolve around lifestyle. Answer as honestly as possible, but never "offer" unrequested information.

Riders

In addition to the period of insurance, it is essential to understand the available policy riders. Riders are additional benefits that, often for an additional cost, are included in your policy.

The five most prominent riders are listed below with links to in-depth descriptions.

  • Waiver of Premium          
  • Living Benefits      
  • Conversion Privilege    
  • Child Rider  
  • Additional Purchase Option

Contestability

While there is no waiting period for the insurance to go into effect, the insurance company has a two-year window from the policy start in which they can contest a benefit for material misrepresentation on the initial application. So, honesty is the best policy.

You can dive deep into the ins and outs of term life insurance, learning about available term lengths, riders, financial ratings, and rates. The Life Insurance Help Desk works with almost all of the top term life insurance carriers.

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)
  • Flecainide
  • 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:


  1. Date of Diagnosis

  2. Age at Diagnosis

  3. Affected Systems

  4. Treatments Undergone (medicines,surgeries, treatments)

  5. Dates of Treatments (and follow up history)

  6. Severity of Symptoms

  7. Other Health Issues 


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

Tobacco: No

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

Life Insurance Company

Monthly Payment

$ 168.00

  $ 203.67

  213.31

  4 231.18

 $ 250.63

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!

Final Expense Insurance with AFlutter

Approved!That was Easy.

There are several final expense carriers where underwriting is not concerned with atrial flutter. In fact, they don't even ask! These no-exam needed burial policies are the next best choice for anyone who will not get through traditional underwriting.

The "final expense" market serves differing consumer needs. There is the need that is made obvious by the name "final expense". This term refers to a funeral, burial and miscellaneous cost tied to the rituals surrounding life's end.

Many of the buyers of these policies simply want to remove any financial burden their funeral and burial would cause to their loved ones, while others want to leave a legacy.

Alternatively, the simplified issue marketplace serves as a safe harbor for people who need some life insurance, but cannot qualify for traditional term underwriting. The lenient underwriting standards of this market allow for people with severe sleep apnea to get coverage.

How the policy works will be dictated by the type of final expense or burial policy it is:

  • First-day Coverage  
  • Graded Coverage
How Final Expense Life Insurance Works with Atrial Flutter

With death benefit face amounts that top range from $5000-$100000, simplified issue or "final expense " life insurance is almost exclusively whole life insurance.However, the calculation of the death benefit depends on if the policy is first-day coverage or graded​

First day policies are straightforward, and provide a full death benefit from day 1 of the policy.

Graded policies use a two or three year period in which the benefit increases to the face amount over the contractual time period.

These policies commonly pay premiums plus interest if you die in the first year of the policy; 50% if you die after one year but before two; and full face amount after two years.

The carriers offer graded policies based on the applicant's health. These provisions are a way for the carriers to provide coverage while limiting their risk.

Graded or not, a whole life policy has a fixed premium that cannot increase and the policy stays in force until the premiums stop being paid or the insured dies.

Pricing for Burial Insurance with AFlutter

In addition to different underwriting standards, final expense pricing is complicated by the fact that  a lot of providers only operate in certain states. 

As a result the samples below are of limited value. You should use the final expense quote tool found here.

Male      

$25000  "Final Expense" Whole Life   1st Day Coverage 

Age

$ Mo.

Age

$ Mo.

40

$40.89

65

$ 115.18

45

$ 50.87

70

$ 149.13

50

$ 56.25

75

$ 204.66

55

$ 65.56

80

$ 297.86

60

$ 85.66

85

$414.57

$15000 Final Expense" Whole Life Graded Coverage

Age

$ Mo.

Age

$ Mo.

40

$40.89

65

$ 115.18

45

$ 50.87

70

$ 149.13

50

$ 56.25

75

$ 204.66

55

$ 65.56

80

$ 297.86

60

$ 85.66

85

$414.57

Female    

$15000  "Final Expense" Whole Life  1st Day Coverage 

Age

$ Mo.

Age

$ Mo.

40

$ 23.49

65

$41.27

45

$ 28.56

70

$ 56.77

50

$ 23.69

75

$ 90.38

55

$ 27.83

80

$ 131.260

60

$ 31.95

85

$ 202.25

$10000 "Final Expense" Whole Life Graded Coverage

Age

$ Mo.

Age

$ Mo.

40

$ 21.06

65

$28.967

45

$ 25.18

70

$ 39.30

50

$ 17.249

75

$ 89.618

55

$ 20.003

80

$ 117.89

60

$ 22.755

85

$ 179.22

No Exam, but possibly a phone interview

Many burial policy insurers will have 10-15 minute home office interviews using the telephone. They are looking for the use of prescriptions that do not come up on their prescription check and assessing cognitive function.Be alert!

Final Expense Policy Features

There are fewer riders associated with simplified issue policies than traditional term, but living benefits such as the accelerated benefit for terminal illness, and chronic illness are fairly common. Additionally, some final expense policies have a small cash component and have loan provisions.

Contestability

The contestability laws are the same for all types of life insurance policies. That is, the carrier has two years from the origination of the policy to contest the benefit payout on policy where the application contained material misstatements.

What Final Expense  Life Insurers Will Take Into Consideration with Atrial Flutter

As stated before, simplified underwriting is seldom concerned with atrial fibrillation. Unlike traditional underwriting that grades on a scale, "final expense" is a yes or no proposition.

Note that "yes" is divided into first-day coverage and "graded" categories. Atrial fibrillation offers are generally not "graded". So, full coverage would begin on day 1.

Final expense policies contain "knockout" questions and prescriptions.Since AFlutter is usually not a question on these policies, the only way to get ‘knocked out" is if you answer yes to a different "knockout" question.

Knockout questions tend to revolve around heart attack, stroke, cognitive function, insulin use, amputations and some of the heavy drugs these conditions require for treatment.

Next Step For Final Expense with Atrial Flutter

Because most final expense underwriting rules differ wildly, it's unusual that you can just go to the final expense quote tool and start.However, unless you have other conditions, that is exactly how to start.​

Because AFlutter by itself will usually not cause a "knockout", best price may win. Remember to use the quote tool on the "final expense" page.  The quote tool on this page is limited to term quotes.

Upon receiving your quote request, we will be in touch as soon as possible (often in minutes), and we will help you through the process. The whole process shouldn't take more than 30-40 minutes.

We are committed to a transparent pricing process and are happy to share a computer screen with you or send a video of the method used to get your rate. If you have any questions, please contact us.

Guaranteed life insurance for AFlutter

As a stand-alone condition, aflutter does not require the use of guaranteed life insurance.  The only time that an applicant would need to go the guaranteed route is if the atrial flutter was paired with a condition that could not qualify for graded a final expense policy.

If this describes your situation, keep reading.

Pricing for Guaranteed Issue policies  

Guaranteed policies should only be used as a last resort. In addition to the benefit grading provisions that make the policies toothless during the two or three year grading period, they are the most expensive policies sold.

Male

Age

$10000

$25000

50

$44.097

$108.856

55

56.50

$138.24

60

63.17

$154.92

65

73.09

$179.73

70

93.14

$229.85

Female

Age

$10000

$25000

50

$34.47

$84.79

55

$39.86

$96.64

60

$45.14

$109.84

65

$54.51

$133.27

70

$70.41

$173.03

How Guaranteed  Life Insurance Works

With only the requirement of age (40) and citizenship, guaranteed issue life insurance policies have a death benefit that ranges from $5000-$50000. Such plans are exclusively whole life insurance.

However, all guaranteed issue policies are "graded".  Generally, the grading represents a 2 or 3 year period that the policy must be in force before a full death benefit will be paid.

 Like "final expense" policies, guaranteed policies use a two or three year period in which the benefit increases to the face amount over the contractual time period. These policies commonly pay premiums plus interest if you die if you die after one year but before two; and full face amount after two years.

Also, like the "final expense" write up says, these provisions are a way for the carriers to provide coverage while limiting their risk.

No Exam Required on guaranteed policies

There is no exam for guaranteed life insurance. After all, it's guaranteed to be issued regardless of your health.

Contestability on Guaranteed issue policies

Although the contestability laws are the same as other policies, beyond age and citizenship, it's difficult to see where contestability may arise in a guaranteed issue case.

Next steps for guaranteed Issue Policy with Atrial Flutter

The guaranteed issue process is lightning fast and can be handled over the telephone in a matter of minutes. Give us a call or email 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.

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.

 

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 afib
life insurance with afib
life insurance with afib
life insurance with afib

Keywords: Life insurance with atrial flutter, AFib life insurance, Atrial Flutter life insurance underwriting, Afib life insurance rates,  life coverage for atrial flutter, affordable afib coverage. atrial flutter and fibrillation, life insurance with no exam, no exam afib coverage, cheap life insurance with atrial flutter & atrial fibrillation

James Tobin, CFP
 

Jim Tobin is the owner of Life Insurance Help Desk, a Fairfield County, CT. life insurance agency. You can find him on Google + and Facebook. Over the past 10 years, Jim has used his CFP-financial planning designation to help individuals with their life insurance needs. In addition to working with life insurance clients, Jim teaches ESL classes in his spare time. He resides with his beautiful wife Nicole and the 3 cats that rule their lives..