fbpx

Heart Disease Life Insurance

Facts about heart disease life insurance

Heart disease – A number of heart problems which can significantly affect your health. From High blood pressure to severe cases triggering a heart attack, our array of heart disease life insurance policies can support you through difficult times.

Whether you’re looking for financial support while you receive treatment, to a policy which will protect your family’s future, we have a list of reputable UK insurers providing affordable cover.

If you are searching for heart disease life insurance, critical illness cover, income protection or travel insurance policies, and would like to find out further information, contact our expert team now.

How much does heart disease life insurance cost?

When you apply for heart disease life insurance, you will need to provide your insurance broker with your medical history, including your heart condition severity, symptoms and prescribed medication.

Once your broker has received this data, they will be able to provide a variety of insurance products which will reflect the amount of protection required. Your heart condition will have an effect on the cost of your heart disease life insurance. For example, if you have a controlled heart condition, you may receive standard terms, however premiums will increase if you have a severe condition.

To retrieve your own personal quote for heart disease life insurance, critical illness cover, income protection or travel insurance, contact our team today!

How much cover do I need?

When considering the amount of heart disease life insurance cover you will need, there are a few factors to take into consideration. Along with your condition severity and medical history, there are additional factors to consider below when gauging the amount of heart disease life insurance, critical illness cover, income protection or travel insurance cover you will need.

If you are looking for a general heart disease life insurance policy that will take your health needs into consideration, contact our team who will also find you the most affordable policy. The severity and symptoms of your heart condition will influence the premiums of your heart disease life insurance cover. Here are the factors you should consider before applying:

  • Mortgage amount (£’s)
  • Outstanding debt (e.g. Loans, second charge, credit cards and other)
  • Dependents
  • Spouse or Partner
  • Income (after Tax)
  • Assets (e.g. car, house, business etc.)

For more information about how much heart disease life insurance you need to protect yourself, and your families future, see our Iam Insured life insurance calculator [LINK], or contact our team today 01244 732 890.

Similar to obtaining heart disease life insurance, applying for critical illness cover can be straightforward if your condition is mild. However, if your condition is severe, your premiums will increase along with the inclusion of exclusions. We advise that you provide your insurance broker with a detailed overview of your medical history to find the best possible policy. Here are factors to consider when applying for critical illness cover:

  • Income (after Tax)
  • Mortgage payments (annual)
  • Cost of living (annual)
  • Any other possible costs (e.g. medical treatment or adaptations)

If you currently work, we advise the obtainment of an income protection policy to protect your future financial situation. Similar to both life insurance and critical illness cover, your likelihood of being accepted for income protection insurance will be based on your heart condition. If income protection is something you’re interested in, consider these key factors to gauge cover amounts:

  • Monthly income (after tax)
  • Mortgage/rent payments
  • Debts (other)
  • Cost of living

To discuss your likelihood of obtaining income protection cover with a heart condition, contact our team today!

If you are in the position to purchase heart disease life insurance, critical illness cover, income protection or travel insurance, our team of experts can support you!

We work alongside the UK’s top life insurance providers who will offer you valuable yet affordable cover – All helping you protect your future.

We understand that making this decision can be overwhelming, and that is why we are on hand to run through any questions and assist you in finding the most appropriate level of heart disease life insurance. To discuss your requirements further, contact us now.

If you are in the position to purchase heart disease life insurance, critical illness cover, income protection or travel insurance, our team of experts can support you!

We work alongside the UK’s top life insurance providers who will offer you valuable yet affordable cover – All helping you protect your future.

We understand that making this decision can be overwhelming, and that is why we are on hand to run through any questions and assist you in finding the most appropriate level of heart disease life insurance. To discuss your requirements further, contact us now.

When calculating your premiums, insurance providers will take your medical history, and current heart condition into consideration by using a percentage loading strategy. Percentage loading is where the severity of your condition will be observed and calculated, and then applied on top of your premiums. Please be aware that percentages will vary when applying for heart disease life insurance.

EXAMPLE:

Basic premium
% loading
Final premium
£20.00 50% £30.00
£20.00 100% £40.00
£20.00 150% £50.00
£20.00 200% £60.00
£20.00 250% £70.00

Per mille loadings for heart disease life insurance

Along with percentage loading, when applying for heart disease life insurance you may also experience ‘per mille loading’. A ‘per mille loading’ will be a further amount added to your premiums which is calculated based on the amount of cover you apply for (e.g. £2 per thousand £’s of cover). This can be applied for the whole term of your heart disease life insurance or for a period of time from the start of your policy.

When calculating your premiums, insurance providers will take your medical history, and current heart condition into consideration by using a percentage loading strategy. Percentage loading is where the severity of your condition will be observed and calculated, and then applied on top of your premiums. Please be aware that percentages will vary when applying for heart disease life insurance.

EXAMPLE:

Basic premium
% loading
Final premium
£20.00 50% £30.00
£20.00 100% £40.00
£20.00 150% £50.00
£20.00 200% £60.00
£20.00 250% £70.00

Per mille loadings for heart disease life insurance

Along with percentage loading, when applying for heart disease life insurance you may also experience ‘per mille loading’. A ‘per mille loading’ will be a further amount added to your premiums which is calculated based on the amount of cover you apply for (e.g. £2 per thousand £’s of cover). This can be applied for the whole term of your heart disease life insurance or for a period of time from the start of your policy.