Get life insurance if you’ve had an abdominal aortic aneurysm.
Life insurance for abdominal aortic aneurysms (AAA) is based on whether your treatment was surgery or medical monitoring.
- Life Insurance after Aneurysm Surgery
- Medical Monitoring Aneurysm Life Insurance
- Underwriting Life Insurance for Aneurysms
Getting coverage for heart conditions like abdominal aortic aneurysms is possible with the right life insurers.
Life Insurance after Aneurysm Surgery
Life insurance prices depend on whether you’ve had open abdominal surgery or endovascular aneurysm repair (EVAR).
With open abdominal surgery,
The damaged section of the aorta is removed and replaced with a synthetic tube called a graft that is sewn into place.
Whereas endovascular repair involves inserting a graft with a metal mesh through an artery in your leg.
The mesh is used to reinforce the area of the aneurysm.
With either option, life insurance companies make you wait 6-12 months after surgery.
Underwriters will look at the type of surgery as well as any other contributing medical factors.
According to the Mayo Clinic, the following may contribute to AAA:
- Tobacco use
- Coronary artery disease
- High blood pressure
- Vasculitis – vascular inflammation
- Familial history
Life insurance approvals typically qualify in the following range.
Open Abdominal Surgery – Standard rates plus 50-150% rating.
Endovascular Surgery – Standard rates plus 75-150% table rating
Factors affecting life insurance prices include:
- The size of the aneurysm
- Complications from surgery
- Previously mentioned factors
Endovascular rates are more expensive rates (initially) due to the potential for leakage associated with EVAR procedures,
And the increased monitoring requirements.
Standard life insurance rates may be possible in 3-5 years after surgery,
Assuming full recovery, no complications, and updated abdominal ultrasound test results.
Medical Monitoring Aneurysm Life Insurance
Life insurance companies want to see the initial abdominal ultrasound, MRI or CT Scan,
Plus at least one follow-up test before they’ll underwrite your life insurance application.
Underwriting guidelines for monitoring of a bulging aneurysm is based on the size of the aneurysm,
The rate of expansion and the time since diagnosis.
Each life insurance company has its own abdominal aortic aneurysm guidelines such as:
AIG – Waiting period is 12-months after diagnosis.
If the aneurysm is less than 4 cm in size, the most likely offer is a table 2 (50% added to standard rates) rating.
If the aneurysm is 4 – 5 cm in size, it needs to be stable for 3 years before AIG will offer you life insurance.
The most likely offer is a table 4 (100% added to standard rates) rating.
John Hancock – If the aneurysm is considered to be small (less than 5.5 cm),
It needs to be stable for 2 years before Hancock will offer coverage to you.
The most likely offer is a table 2 – 4 range (50 – 100% added to standard rates)
Aneurysms greater than 5 cm are declined by John Hancock until surgically treated.
Prudential – Standard rates are available if the aneurysm is 3 cm or less in size.
Aneurysms that are stable for at least 12 months,
And are 3 – 4.5 cm in size are rated with a standard table 4 (113% added to standard rates).
Aneurysms greater than 4.5 cm are postponed until surgically treated.
Likelihood of your Aneurysm Rupturing
According to a leading reinsurer,
Most aneurysms are not likely to rupture as most AAA increase in size slowly and are treated once they reach a certain size.
Diameter of Aorta
Less than 4.0 cm
4.0 – 4.9 cm
5.0 – 5.9 cm
6.0 – 6.9 cm
7.0 – 7.9 cm
8.0 cm or greater
Risk of Rupture
0 – 5%
3 – 15%
10 – 20%
20 – 40%
30 – 50%
Source – GenRe – Risk Insights – November 2013
When you are being treated in a medical monitoring regimen, underwriters want to know about your initial symptoms.
If life insurance isn’t available yet,
Other types such as guaranteed issue life insurance and/or accidental death benefit insurance may be worth consideration in the interim.
Underwriting Life Insurance for Aneurysms
We need to know the following to provide accurate quotes.
- When were you diagnosed with AAA?
- What caused the abdominal aortic aneurysm?
- Did you have surgery to correct this?
- If yes, did you have open abdominal surgery or an endovascular surgery?
- Have you had any complications from surgery?
- What was the size of the aneurysm?
- If being monitored, have there been changes to the size?
- How often is the aneurysm checked?
- When was your last ultrasound, MRI, or CT scan performed?
- Do you have a history of smoking?
Or other health issues such as diabetes or other medical conditions.
Important to Note about Abdominal Aortic Aneurysms Life Insurance
We’ll ask you some questions related to your health history.
We do this to find out your exact condition, the treatment that may have taken place as well as your current health.
Don’t worry if you do not know all the answers.
We’ll tell you where to find the answers or what questions to ask your doctor.
There is no-pressure, no-obligation with our life insurance service.
We’ll give you the information you need to make an informed decision about your life insurance.
Please take a moment to complete our Quote Request
Last Updated on January 17, 2021 by riskquoter13