Have you or some individuals whom you know been declined from availing life insurance policy after having a stroke? If yes, you need not be worried. Obtaining a life insurance policy after having a stroke might be difficult, but it is not impossible. One can qualify for life insurance, but the key is finding the right life insurance company that will offer coverage based on your present condition. Insurance companies in general won’t be willing to provide life insurance to a person who had a stroke. This is because stroke is considered as serious affliction and is generally covered under critical illness insurance. Stroke is one of leading causes of death in India. There are more than 1.6 million cases of stroke diagnosed on an annual basis.
Stroke is a type of cardiovascular disease which majorly impacts the arteries that are located within the brain. A stroke typically occurs when a blood vessel is blocked due to clots or bursts and the brain is unable to receive oxygen and nutrients to survive. When a stroke occurs the brain is deprived of the much needed oxygen which in turn leads to the deterioration of brain cells and may even cause death.
Even if you are a stroke survivor you can avail the benefits of life insurance. However, you will be eligible for a life insurance policy, only after undergoing a medical examination to establish your current state of health. During such medical screenings you will be asked several details about your medical history. It is very important to be honest about your medical history as any inconsistencies, if found, can jeopardise the insurance benefits. The insurance approval for an applicant with the history of stroke, will depend on the following factors:-
- The date of diagnosis for stroke
- You present state of health
- The age at which you were diagnosed with stroke
- The measure you have taken to improve your condition since diagnosis
- The degree of control as illustrated by medical records, height/weight and lab test results
- The effectiveness of the treatments you are undertaking
- Other medical conditions apart from the stroke
- Usage of tobacco and alcohol
Before approaching an insurance company, make sure you seek proper treatment to recover from the stroke. For severe conditions such as strokes, Aegon Life provided Critical illness rider to cover the expenses. Follow the doctor’s advice religiously and take all your medications and other treatments on time. If you have additional complications such as blood pressure or diabetes, ensure that it is under control before you take up a life insurance policy. This will increase your chances of qualifying the pre insurance medical tests. If the outcomes of your medical tests are near normal, you can obtain the life insurance policy at better rates.