Final Expense Life Insurance | Heart Disease | Taking Nitrostat
This article will discuss finding affordable final expense life insurance for those with heart disease taking NITROSTAT. If you have heart disease like narrowing of the arteries or angina; there’s a good chance that you have been prescribed and may occasionally use nitroglycerin or Pfizer’s version of the commercially sold drug NITROSTAT.
If you are prescribed NITROSTAT or other variations of nitroglycerin you also may know that it’s tough to find life insurance with 1st day coverage. In fact, many people may think they only qualify for 24 month return of premium plans. Well that’s not the case. We have access to two great carriers that offer first day coverage to people living with heart disease that are currently prescribed NITROSTAT.
These life insurance policies are whole life plans and have the following guarantees:
1. First Day Coverage. You are fully protected the very first day your coverage goes into effect with no exclusions and no waiting period.
2. Ease of issue. No physical exams.
3. Your premiums will never go up. Lock into a rate at your current age and the cost will never increase regardless of changes to your health and age.
4. Your benefits will never go down. Regardless of changes to your health and age.
5. All programs build cash values.
6. The benefit is paid to your beneficiary tax free on the worst week of their life.
7. Your policy can never be cancelled as long as premium payments are made.
8. This is a protected asset that you will never be forced to liquidate.
I use a network of life insurance agents across the US. The companies that may approve 1st day coverage for those prescribed NITROSTAT require a face to face application.
Use the quoter to leave your information and we will have an agent in your area contact you and assist you in securing this 1st day coverage. Internet life insurance agents that wish to conduct the entire transaction over the phone, may steer you toward a modified or a 24 return of premium plan when you may qualify for 1st day coverage. I use a company that accepts nitrostat use on a first day coverage plan.
Final Expense Life Insurance When Taking NITROSTAT
If you are currently prescribed NITROSTSAT I work with Life Insurance Companies to get you first day coverage at great rates. Being prescribed NITROSTAT makes it tricky when it comes to getting life insurance.
The medication alone steer many agents to sign you up with a graded or a 24 month return of premium plan. Something very expensive in premium and not as much in death benefits that you may qualify for. What I will review with you below is the information on the applications that I use to get folks approved at the preferred or select rates.
This will come down to whether an agent has access to the companies that allow this medication along with the timing of the medical condition or event.
When To Take NITROSTAT
NITROSTAT is used to treat angina symptoms, such as chest pain or pressure, that happens when there is not enough blood flowing to the heart and myocardial infarctions.
Angina is uncomfortable squeezing, pressure, fullness, or pain in the chest resulting from ischemia to a part of the myocardium. It is identified in three forms:
Stable angina is predictable and usually occurs during times of stress or exercise.
Unstable angina is unexpected, may occur at rest, does not readily respond to nitroglycerin treatment, and often signals a blood clot creating blockage of one of the coronary arteries. Unstable angina is a medical emergency.
Variant angina is spontaneous, usually occurs at rest, and often is the result of an artery spasm.
Myocardial Infarction (heart attack)
Myocardial infarction is a life threatening condition and constitutes a medical emergency. The myocardial infarction occurs when blood flow to a section of heart muscle becomes blocked, usually by a clot. If the flow of blood is not restored quickly, a section of heart muscle begins to die. Myocardial infarction is a leading cause of death in both men and women in the United States.
Other names of nitroglycerin medication
Final Expense Life Insurance
Everyday families are faced with the difficult task of saying goodbye to loved ones. Did you know that according to the National Funeral Directors’ Association - as of January 2013 the national median cost of an adult funeral with vault costs $8,343.00 with additional expenses? Additional expenses can include a cemetery plot. Many funerals exceed $10,000.00 dollars and that’s before any outstanding debts or medical bills.
Planning your funeral requires a careful consideration of all your final needs. Consider how you want to be remembered, where your final resting place should be, whether you wish to be buried or cremated and what type of casket or urn you prefer. A funeral director will give you a list of the services and products that it provides. The value of your final expense life insurance policy should cover the expense of the package you choose, plus any additional costs.
The most basic, economical option is generally an immediate burial plan. An immediate plan may include a modest service at the graveside and a simple casket. The expense of a viewing is not included in most immediate burial policies. The costs of the plot, a headstone and flowers must be paid for separately and should be included in the estimate of your final expense.
A traditional full service option, including a viewing, a hearse, a formal ceremony and entombment and cremation is more costly than an immediate or direct package. When you consider the costs of a package, you must take every extra expense into account in order to arrive at an accurate estimate of your financial expenses.
If you are currently prescribed NITROSTAT and looking for a life insurance policy where the full death benefit starts on the day you make your first payment and your premium never goes up for your entire life then you should contact us at Virginia Senior Benefits and Family Care.
Use our live quote engines to leave your information and we will have an agent in your area contact you and assist you in securing this 1st day coverage.
What to Expect on a Final Expense Life Insurance Application
I scour applications looking for ways to find coverage for folks that are prescribed Nitrostat. Let's review some of the application questions to give you an idea of how you or a loved one can qualify for the most benefits possible using one of these 3 carriers.
For these three carriers Nitrostat is not on their prescription medication knock out list. The application will sort out the timing of the last medical event and the medical condition the nitrates are taken for. Also, carriers will consider the last time the medication was prescribed and filled. I will address these carriers using A, B and C.
Carrier A. Questions that apply to those with heart conditions that may require Nitrostat prescription:
For this carrier 18 months from the last heart event is the time period considered for heart conditions to get first day coverage with a heart condition.
Within the past 18 months has the proposed insured:
By a licensed member of the medical profession, been diagnosed with, been treated for, or advised to receive treatment for heart attack, stroke (CVA), transient ischemic attack (TIA), aneurysm, angina, had or been advised to have heart surgery of any kind, including bypass surgery, angioplasty, stent implant or pacemaker implant, kidney dialysis or had a procedure to improve circulation?
If this question is a yes - the individual would qualify a modified plan.
Outside of 18 months but still inside of 3 years the individual will qualify for a standard rate with first day benefits. Outside of 3 years the individual will qualify for the preferred rate.
Within the past 3 years has the Proposed Insured:
Experienced or been treated by a licensed member of the medical profession, for heart attack, angina (chest pain), stroke (CVA), transient ischemic attack (TIA), aneurysm, vascular, circulatory or blood disorder, had or been advised to have heart surgery of any kind, including bypass, angioplasty, stent implant, or pacemaker implant or atrial fibrillation.
Carrier B. Questions that apply to those with heart conditions that may require Nitrostat prescription:
For this carrier 12 months from the last heart event is the time period considered for heart conditions to get first day coverage with a heart condition.
Within the past 1 year has the proposed insured:
Had, been diagnosed with, been treated for or advised to receive treatment for aneurysm or angina; or had or been advised to have heart surgery of any kind including bypass surgery, angioplasty, stent implant or pacemaker implant?
Had a heart attack, stroke (CVA), transient ischemic attack (TIA)?
Outside of 24 months the individual will qualify for a standard rate with first day benefits.
Within the past 24 months has the proposed insured:
Had, been diagnosed with, been treated for or advised to receive treatment for angina (chest pain); aneurysm, vascular, circulatory or blood disorder, heart surgery of any kind including bypass surgery, angioplasty, stent implant, irregular heart rhythm such as atrial fibrillation?
Had a heart attack, stroke (CVA), transient ischemic attack (TIA)?
Carrier C: Questions that apply to those with heart conditions that may require Nitrostat prescription:
Outside of 24 months the individual will qualify for a level rate with first day benefits.
During the past 24 months have you begun prescribed medication for, been hospitalized for, or been diagnosed as having: kidney insufficiency or failure, heart attack, stroke, transient ischemic attack (TIA), angina, aneurysm, or had cardiac or circulatory surgery of any kind to improve circulation to the heart or brain?
When I help those that are prescribed Nitrates we use this process to ensure they get the most death benefits with the programs available in that state.
Not all agencies are created equal and not all agencies care to ensure you're getting the most bang for your buck. If you're offered a modified or a 24 month return of premium plan over the phone, fill out the quoter to ensure you're getting the most benefits that you qualify for in your state.