Buying Life Insurance after Gastric Surgery

Choosing the right life insurance company can be key to getting the best life insurance after having gastric bypass surgery. 

This article will cover the following:

1. Can I get life insurance after having bariatric surgery? 
2. How much will life insurance cost if I have had gastric bypass, gastroplasty, or bariatric surgery? 
3. What to do if you haven't yet had weight loss surgery. 

Short answer is yes.

When you apply for life insurance, the provider is likely to scrutinize your entire medical history, including every medical procedure you have ever had. If you have had any kind of weight loss surgery such as gastric bypass surgery, your potential insurance company will want to know about it. While some surgeries make obtaining a reasonably priced life insurance policy after weight loss surgery difficult, these surgeries don’t necessarily have to have a negative impact on your life insurance rate.

Overall the amount that you will pay for life insurance will depend on a variety of factors such as your age, health, gender, and lifestyle. 

The type of life insurance policy you choose will also impact how much you will pay for life insurance. For example, term life insurance is the cheapest type of policy, but it isn't the right policy for everyone. 

The amount of coverage you are looking for will also impact your cost for life insurance. The more coverage you want, the more expensive your policy will be. 

In many cases having weight loss surgery can improve your health and you may even see lower costs than you would have before the surgery. However, if you have had any complications from the surgery, this could negatively impact your costs. 

The severity of the complications will make a difference in how much you will pay. 

If you have experienced more severe complications due to weight loss surgery you may want to consider a simplified issue or a guaranteed issue life insurance policy. 

Guaranteed issue life insurance allows you to get a life insurance policy regardless of your health. As long as the policy is available in your state and you are in the approved age brackets you can get a life insurance policy. Though it is worth noting since the life insurance company is ignoring your health information these can be more expensive than a traditional life insurance policy and they are offered for lower coverage amount than a traditional policy. 

Simplified issue isn't guaranteed, but it does let you skip taking the medical exam. Though you will have to answer some medical questions. The life insurance company will use those questions to determine if you qualify and they will factor in to the cost of your policy.