Getting Life Insurance With Congestive Heart Failure, CHF [2024]

If your looking for life insurance with congestive heart failure or “CHF,” your options are going to be limited. At this point, you may already know this and are looking for your best solution to owning life insurance.

All life insurance companies consider this condition to be high risk and the vast majority of carriers will decline anyone with chronic heart failure, even if you are still working. So what are you supposed to do? The very good new is, this does not mean you cannot qualify for coverage with the right life insurance policy. In fact, you can even obtain coverage with no exam required.

In this post we are going to put you down the path of what to understand and do if you want the best possible outcome for life insurance with CHF.

Life Insurance Options for a Congestive Heart Failure Diagnosis

Many life insurance agents will tell you that you will need (GI) guaranteed issue whole life insurance. While that is not necessarily the “wrong” answer, it is not the best life insurance solution for a large number of congestive heart failure patients. Only about 5% of our clientele actually need GI, even with a CHF health history.

At Maple Valley Insurance Group, we have whole life insurance solutions for people with CHF that have better benefits and lower premiums than the guaranteed issue products on the market such as the 9.95 life insurance from Colonial Penn.

Pro’s of Guaranteed Issue Life Insurance

  • No health history questions or electronic medical checks
  • Builds cash value
  • Locked, lifetime premium rates
  • No expiration
  • Policy benefits never decrease

Con’s of Guaranteed Issue Life Insurance

  • Minimum Waiting Period of 2 years for full coverage
  • Considerably higher lifetime premiums than other whole life insurance

Can You Really Get Better Life Insurance If You Have Congestive Heart Failure?

We can get life insurance with CHF in place for most people whether we are talking about a baby or a 90 year old senior. The younger you are at application, the better the lifetime rates.

What if I told you it is possible to get affordable, 1st day, full coverage life insurance even with congestive heart failure? Yes, I am talking about whole life insurance. This means the premiums would never go up and the death benefit for your loved ones never goes down.

Yes, this is regardless of accidental or natural causes of death, your family would receive the full amount of the policy from the very beginning of coverage.

Now, life insurance for people with chf is only available from a few life insurance companies. Most carriers will decline this condition so it is very important to talk to a seasoned and independent life insurance broker, not the agent on the corner selling auto and homeowners insurance.

Some offer 1st day, lifetime coverage at a very competitive premium, while others have a 2 year limited benefit period for full coverage called graded benefit whole life insurance or the most limited, guaranteed acceptance whole life.

What Will The Insurance Companies Want To Know To Approve Me With CHF?

First, any congestive heart failure life insurance application will ask your date of birth, address and how much coverage you would like to apply for. The insurance company must confirm who you are to conform with the US “Patriot Act.” Assuming you are not applying for a guaranteed acceptance life insurance policy, the insurance company will have some health history questions on their application you must answer…if you really want “the best.”

In order for us to find the best life insurance for your congestive heart failure diagnosis, we will want to discuss your medications. The point is to sort out any carriers who will decline you because of a certain medication you have been prescribed whether for CHF or any other medical condition. If you are after the best life insurance for a CHF patient, discussing your prescription medications, the starting date, dosage and specific reason they were prescribed to is vital to your outcome.

Call your doctors office and speak with the nurse if you are not sure about your prescriptions. Include all medications sent to the pharmacy whether you’ve used them or not. The insurance company reviews all your medication history for the last 5 years with your health questionaire to see if they can approve you for coverage. This is all done electronically and in real time. If you need a large amount of coverage, you may need to make application for a 2nd policy. Many insurers will not exceed $25,000 per policy for CHF life insurance cases.

The Best Life Insurance for People With CHF & Other Serious Heart Problems

So we know you are looking into congestive heart failure life insurance here today. What is “best” for your needs is a guess at this point. Without some health history insight it is hard to say what your best life insurance for CHF is. If you are bound to a wheelchair and need help with your activities of daily living such as bathing or dressing, we are going to recommend Gerber guaranteed issue whole life. However, if you are able to get around and following your doctors treatment, you may very well be able to obtain a graded whole life insurance policy or even a full, 1st day whole life insurance policy.

If you’d like to have an idea what a graded whole life policy might cost you per month, use the final expense tool on this page. Under “Health Class” select “Decent.” This will lock in graded plans. While these are all up to date rates, most graded plans will not approve CHF, so giving us a phone call is adviseable so we can make an appropriate carrier recommendation. Sorry, the tool is not designed to anticipate specific medical conditions. All insurance companies have different qualifications for similiar policies.

Can You Qualify For 1st Day Congestive Heart Failure Life Insurance?

As someone who has CHF, your best bet is to adhere to all the lifestyle changes your doctor has recommended including diet, exercise and prescribed perscription medications. Obtaining a premium, no exam,1st day, whole life policy is possible but the insurance company will want know you are following the “doctors orders” to a “T” in order to approve you.

For example, you may have a question like this for immediate, first day coverage with CHF:

In the past 10 years, have you been medically diagnosed, for which you have not been treated by a licensed
member of the medical profession, or have not taken medication for the following: uncontrolled diabetes,
uncontrolled high blood pressure, stroke/TIA, paralysis, Congestive Heart Failure, heart disease,
cardiomyopathy, lung disease (including COPD (Chronic Obstructive Pulmonary Disease)/emphysema), liver
cirrhosis or failure, kidney (renal) failure/insufficiency, or chronic/end-stage kidney disease (including dialysis)?

The key is are you are being treated by a medical doctor and following his or her treatment plan for the heart problems you have? If so, you are in good shape to proceed. If you cannot legitimately say “No” to this health question, you will not qualify for full, immediate coverage.

This is just one, very long question from this insurance company. There are other questions you would be asked but beyond the scope of this article.

Not everyone is willing to make the lifestyle changes including the medications as prescribed. That is ok, that is your decision not the insurance company’s. Either a graded or guaranteed acceptance policy will get whole life insurance in place for you. That would be your best solution.

Takehome On Life Insurance Policies For People With Congestive Heart Failure, CHF

If you do not want to speak with a independent insurance agent or broker regarding your health, only a guaranteed issue policy (GI) will approve you with congestive heart failure, CHF. There is NO way around this. To get started with a free, instant quote and cut to the chase, use the “Final Expense” tool located on this page. Under the “Health Class” select “Poor.” This will lock in all the guaranteed acceptance policies for your age so you know how much it will cost you. Odds are we can better this.


We still recommend answering a few health history questions to see if you can qualify for a better policy. This will always put those you care about the most in a better position. Most often, it also results in significantly lower premiums and better policy as a bonus. Almost daily we talk with customers looking for life insurance with a congestive heart failure diagnosis. We know preexisting medical conditions very well.

Now is the time to secure protection. None of us are getting any younger are we? There is no better time to make sure your family has the care you want them to have. We know who offers the best product and value for you and your goals. Let us know how we can help. Call us for free consultation. 269-244-3420

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