Life insurance if you have a pacemaker

It’s still possible to get life insurance if you have a pacemaker.

Updated

Fact checked
Woman sitting on a bench

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Finding life insurance if you have a pacemaker might seem a little daunting. However, there are lots of people who have pacemakers for different reasons and finding cover is often not that difficult – particularly if you can prove that your heart condition is stable and you're in good health.

What is a pacemaker?

A pacemaker is a small device that is placed under the skin in your chest and uses electrical pulses to control your heartbeat. They're used to treat people who suffer from an irregular heartbeat, such as arrhythmias. Getting a pacemaker involves surgery and can help those with an irregular heartbeat live a more active and normal lifestyle.

Am I covered by life insurance if I have a pacemaker?

Yes. All causes of death are generally covered by life insurance. You'll have to let the insurer know that you have a pacemaker, which may increase the amount you'll pay, depending on your condition, but you should be able to get cover. Otherwise, they'll let you know.

To be on the safe side, it may be worth checking the product disclosure statement (PDS) for exclusions and to make sure the policy is not only designed to cover accidental death. You can usually find the PDS at the bottom of the insurer's website. You can also simply ask the insurer if you're covered.

Compare life insurance brands

Name Product Maximum Cover Maximum Entry Age Minimum Cover Terminal Illness Benefit
NobleOak Life Insurance
$15,000,000
69
$10,000
$3,000,000
Real Family Life Cover
$1,000,000
64
$100,000
$1,000,000
Get a refund of 10% of the premiums you've paid (in the first 12 months) with The Real Reward™ .
Zurich Ezicover Life Insurance
$1,500,000
69
$50,000
$1,500,000
Get the first month free and a 10% discount if you take out a second life insurance policy (discount applies to second policy). T&C’s apply.
Guardian Life Insurance
$1,500,000
64
$100,000
$1,500,000
Suncorp Life Protect Insurance
$1,500,000
65
$100,000
$1,500,000
Get 5% off for existing customers.
AAMI Life Insurance
$1,500,000
65
$100,000
$1,500,000
Get 5% off for existing customers.
ahm Life Insurance
$1,500,000
65
$100,000
$1,500,000
ahm Health members can save 10% off premiums.
Medibank Life Insurance
$2,500,000
70
$100,000
$2,500,000
You could win a $1000 EFTPOS gift card when you get a Life Insurance quote by 2 Feb 2021. There’s a winner each week. Plus, Medibank health members save 10% every year. T&Cs apply.
loading

Compare up to 4 providers

Can I get life insurance if I have a pacemaker?

Yes, it's possible to get life insurance if you have a pacemaker, particularly if it's helping you to live a normal, healthy lifestyle. However, because most people have a pacemaker due to a heart condition, it's very likely you'll be charged more.

One of the main factors that will help you get a life insurance policy is the length of time you've had a pacemaker for – the longer the better – provided that you've had no symptoms related to your heart condition. This is because life insurance providers want to know that the pacemaker has helped your medical condition and had a positive overall impact on your health.

So if you are initially rejected or are finding it difficult to get a policy, don't worry. There's a good chance that you'll be able to once you've had the pacemaker for longer and have had no issues. And if you find that you're paying a lot for a policy at first, you may be able to lower your premiums at a later date if you can show that your condition has improved.

Because having an irregular heart rhythm and a pacemaker is considered a pre-existing medical condition, it might be best to speak to an adviser. They can be helpful because they know what to look for and they're not tied to one insurance provider. They'll be able to offer you multiple quotes, plus save you from having to search for a policy yourself. You can get in touch with an adviser by filling out our broker form below.

Enter your details and one of our partner brokers will call you. They will discuss your quote, options and available products.

Sex
Do you smoke?

An adviser can help you find cover from trusted life insurance brands.

  • Get competitive quotes from multiple brands
  • Lower rate of declined claims (according to ASIC)
  • Save time and effort

Lender Logos

Do I have to let my insurer know if I get a pacemaker while I have cover?

When you apply for a policy, your premiums are worked out based on your current health, lifestyle, age and job. If any of those things change once your policy has been accepted, which they inevitably will, you don't generally need to inform your insurer.

However, if you want to update or alter your policy – say you want to increase your life insurance benefit - then you will have to provide updated personal information, including that you've got a pacemaker.

Do I have to declare that I have a pacemaker before taking out cover?

Yes. You need to let your insurer know about your pacemaker and heart condition or you risk invalidating your cover, meaning that any future claim you make will likely be rejected. It's crucial that you're honest.

When you take out life insurance, you'll usually have to provide a detailed account of your medical history. This often requires some kind of medical exam to assess your health. It's essentially to help the provider determine how much of a risk you are to insure and work out how much to charge you.

You'll also be asked questions about your:

  • Overall health
  • Diet, exercise, lifestyle
  • Condition history (e.g. how long you've had the condition and pacemaker)
  • Occupation

Is it worth getting life insurance if I have a pacemaker?

Yes. Having a pacemaker shouldn't necessarily make it a whole lot more difficult or expensive to get life insurance. If anything, it can show insurers that you've had a heart condition that is now stable thanks to the pacemaker, provided you've not had any symptoms for some time.

Even if the cost of your cover is increased marginally or considerably, life insurance is really important if you want peace of mind and financial security. It can pay off debts from your mortgage to your car loan and ensures that you're not leaving your loved ones in the lurch.

Bottom line

Getting life insurance if you have a pacemaker isn't as difficult as you might think. There are policies out there for you. Begin comparing here.

FAQs

Does TPD insurance cover me if I have a pacemaker?

Total and permanent disability (TPD) policies cover you if you become permanently disabled and can no longer work. If a heart condition forces you to stop work permanently, then a TPD policy is likely to cover you.

Does critical illness insurance cover pacemakers?

It's unlikely that a trauma insurance policy will cover you for pacemakers. But it is likely to cover you for a serious heart condition.

Does income protection insurance cover me if I have a pacemaker?

If you need to take some time off work to recover from having a pacemaker installed, income protection will only cover you if it was unexpected. This is because income protection doesn't cover you for the time off work that you knew you needed to take.

Picture: Getty Images

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site