Hey everyone. I had aortic root replacement and aortic valve replacement surgery 2/24/14. Naturally my term life insurance is lapsing March of 2016. I can not get a new policy but I found out that my term policy is convertible. I have $1.5 million right now for $3,000 per year and for the same policy it is $28,000 per year...OUCH! The only good news is that you can get as much as you want...reduce it to a few hundred thousand and it becomes manageable $5600/year for $300,000. Still crazy but...what option is there?
Oh, by the way, it has been a year and 9 months since my surgery and I feel great. The only thing that I am disappointed about is that I did not keep the weight off post op. It is totally unacceptable and there is no excuse for any of us on this website to be overweight. The surgery and the stress on my family and friends is still fresh in my mind and yet I continue to eat.
I had an aortic root replacement and an aortic valve replacement in Feb of 2014. I am sure this is a silly question but has anyone been able to secure life insurance with these conditions for any term. I own a business and my key man insurance is lapsing shortly.