Can You Get Life Insurance after Having a Stroke?

  You may still get life insurance
after a stroke.
Photo by Lin Mei

A stroke has a definite impact on the insurer's ability to obtain life insurance. Traditional life insurance policies may or may not be available depending on the severity of the stroke. Insurers will need specific information about the applicant's medical history including the type of stroke, the insured's age at the time of stroke and any permanent damage resulting from the stroke, such as impaired speech and any medications taken to treat it.

Any history of pre-existing conditions that the insured may have, like diabetes or cholesterol, can also impact a person's insurability. When a stroke is combined with a negative medical history, the applicant is much less likely to qualify for traditional insurance.

Simplified Issue Non-medical Life Insurance policies may also be an option for stroke victims. Many simplified issue carriers including Assumption Life and Canada Protection Plan offer immediate coverage to stroke victims as long as they've had the stroke after prior to the period specified within the application -- typically, two or three years. It is important to look at simplified issue options prior to applying for traditional life insurance because if the insured is declined from traditional insurance first, this may disqualify them for simplified issue insurance.

After more details, you can contact us at 1-866-899-4849 or visit our Non-medical Life Insurance Quote Page.

Posted by Chantal Marr.