Life insurance policy solutions have received immense attention among different categories of people. And, it is more valued by people having heart ailments. But is the heart covered by life insurance policies? Does your insurance provider offer the death benefit in case of your unexpected demise due to a heart attack? Are there any specific riders^#? Let us get started and find out!
 

Before we start, let us understand the importance of life insurance.
 

What Is Life Insurance?

 

A life insurance plan is a financial agreement between you and your insurance provider wherein the latter agrees to provide a financial death benefit to your family in case of your unexpected death during the policy term. Various flexible features help you enhance life insurance coverage, including add-on riders^#, savings and investment options, etc. However, certain terms and conditions validate the type of deaths covered in life insurance policies. Therefore, it is important to know the policy conditions before purchasing a life insurance plan.

 

Are Heart Attacks Covered In Life Insurance Plans In India?

 

 

Well, yes! Heart attack deaths are covered in life insurance plans in India. However, it is subject to certain terms and conditions based on your heart health history.

 

Let us consider a few scenarios.

 

• If you have never had heart-related ailments
  
  If you are a youngster or middle-aged person with no pre-existing illnesses or heart-related ailments, and the death due to a heart attack was highly unpredictable, the life insurance claim is approved and settled for your family. It is a genuine claim request as there were no heart-related ailments previously

 

• If you have had heart-related ailments
  
  It is so highly likely that you have certain pre-existing illnesses, such as increased blood pressure, blood sugar, etc., as you grow older. These illnesses or other heart-related ailments can cause a heart attack that can lead to death. In such cases and scenarios wherein, you have had a heart attack, you must inform your life insurance provider about your health and, more specifically, heart health conditions to avail of the benefit.
  
  Suppose you neglect to inform this health condition during your life insurance policy inception. In that case, your insurer might reject your nominee's claim on your death, considering it a fraud claim request. Therefore, it is important to detail your health condition, undergo the necessary medical tests, and provide relevant reports to ensure heart attack insurance coverage. When you mention such a health condition, your life insurance premium rates will increase, considering the increased risk factors. However, it is certainly worth the life insurance death benefit.

 

What Should I Do If I Have A Heart Attack History?

 

If you have had a heart attack history, you must inform your insurance provider of the instance, primarily during policy inception. Your life insurance provider will provide a detailed questionnaire asking for the details. Provide the duly filled form with the necessary medical reports, hospital discharge summaries, etc., while applying for the life insurance policy.

 

You can also opt for add-on rider^# benefits that can help you pay for the hospital expenses in case of a heart illness during the policy that may not lead to death necessarily.

 

You can receive the benefit as a lump sum, a combination of a lump sum and regular income or regular income for a defined period based on your health conditions and family financial obligations. Also, we provide the option to receive the return of balance premiums at the end of the policy term. The rider^# benefit can be availed of during policy inception or renewal.

 

Observe and analyze the life insurance details, flexible policy features and cost online to determine the ideal life insurance coverage. While health insurance for heart disease provides a financial benefit to managing your expenses during treatment, a life insurance plan with the rider^# benefit will help you manage such expenses and provide the necessary financial support to your family in case of a fatality. 

 

Conclusion

 

Developing heart disease is becoming increasingly common, considering the current lifestyle. It is affecting even the younger adults these days. Purchasing health insurance for heart patients can be a resourceful investment to help manage medical expenses during an emergency or otherwise for a treatment.

 

However, if the heart ailment causes a heart attack leading to your unexpected death later in life, it is only a life insurance plan that can extend the financial support to your family. But, to ensure the benefit, you must detail your health condition to your insurance provider during policy inception. 

 

L&C/Advt/2022/Oct/2451