What Is Life Insurance for Parents
Being a parent comes with many challenges. Keeping your family’s future secure is very important, but not always easy to do.
With so many life insurance options available, from Whole Life Insurance to Income Protection, it can seem overwhelming, especially if you have children to look after and childcare costs to think about.
Risk of aortic rupture
Nosebleeds
Cramping sensations in the legs
Sensitivity to hot and cold
Weak muscles
Those with severe coarctation of the aorta usually require surgery, although this will depend on their age and overall health. The required procedure is one that widens the aorta, known as an angioplasty procedure.
Why life insurance is important for parents
Life insurance for parents is an important financial tool that will pay out a lump sum in the unfortunate event of your passing. It guarantees your loved ones are financially secure and can sustain their quality of life, even in your absence.
Taking out life insurance can help to protect your children’s futures, reducing the financial strain in an already stressful time. Having life insurance in place can help to cover multiple costs, including:
Mortgage/rent and bills
School and university costs
Your children’s hobbies and interests
General funds for looking after your children, such as clothes, childcare and food.
Why choose The Insurance Surgery.
With our ‘Excellent’ rating on Trustpilot and our team of expert advisers, The Insurance Surgery can guide you through the process of life insurance. Below are some of the reasons why you should choose us.
Specialisation in Life Insurance for Parents
At The Insurance Surgery, we have dedicated our efforts to developing an in-depth understanding of the unique needs of parents and their families. Our team is well-versed in the intricacies of life insurance for mums and dads, ensuring that we provide comprehensive and tailored solutions that address your specific circumstances.
Customer-centric approach
Our priority is to put your family’s interests first. We take the time to understand your circumstances, listen to your issues and make tailored recommendations consistent with your objectives and budget. Your family’s well-being is at the heart of everything we do.
Industry expertise
With 25 years of experience in the insurance industry, our advisers possess a wealth of knowledge and expertise. We stay current on industry developments, regulations, and product offers to guarantee you get the most appropriate and competitive life insurance for parents options.
Critical Illness Cover
Just like life insurance, critical illness cover can be available to some sufferers of coarctation of the aorta. Cover will depend on the severity of your condition and the extent to which it impacts on your general health, well-being and lifestyle.
You may find that insurers are more strict when offering policies for critical illness cover. You may need to provide medical confirmation in the form of records from your GP.
If your condition is manageable and you have no symptoms, it is possible to have an application for critical illness cover accepted on standard terms. If however your symptoms are more severe and you have had surgery, you might be offered cover with non-standard terms that are bespoke to your situation.
Contact us at The Insurance Surgery for more details and to be put in touch with insurers offering critical illness cover that fits your unique circumstances.
Income Protection Insurance
If you are running or supporting a household with bills to pay, it’s a good idea to consider Income Protection Insurance.
This is especially important for anyone living with HIV who is self-employed and doesn’t have access to sick pay. Income Protection can reduce the stress of paying rent, mortgage or monthly bills.
Coarctation of the Aorta life insurance
Underwriters assessing life insurance for those with coarctation of the aorta will consider the following:
Underwriting for professional football players seeking life insurance cover will depend on the following factors. Insurers may request more details on the following:
Your current weight and lifestyle
The date of your initial diagnosis
Whether you have had surgery for coarctation of the aorta
The impact your condition has on your job
Following these considerations, an insurer will normally be able to inform you of the kind of policy you will be eligible for based on your circumstances.
Generally speaking, if you have coarctation of the aorta but your symptoms do not require treatment and you have never been in hospital for surgery as a result of your condition, you should be eligible for a ‘non-rated’ life insurance policy.
However, if you have had an angioplasty procedure to correct your condition, and you are suffering from symptoms in line with it, you may be considered a higher risk for life insurance, and could pay a higher premium than someone with no symptoms. An insurer will likely request medical records from your doctor to confirm your details and to offer you the best policy available.
At The Insurance Surgery, we have helped many people find the right coarctation of the aorta life insurance cover for their needs. Ratings for an individual seeking life insurance with coarctation of the aorta can vary depending on their individual circumstances, so it is important that you approach the right insurance provider that understands the nature of your condition.
