Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Life Health > Life Insurance

Hartford: Hearts Are Doing Better

By staff Writer

X
Your article was successfully shared with the contacts you provided.

Coronary heart disease may prove to be a little less damaging to life insurance prices.

The life insurance arm of Hartford Financial Services Group Inc., Hartford (NYSE:HIG), says it is cutting the cost of life insurance for many older U.S. residents who have been successfully treated for coronary heart disease.

The new rules apply to men and women who are ages 71 to 85, are otherwise in good health, and have no history of cancer, diabetes or other serious medical conditions other than coronary heart disease.

Hartford made the change because it has found that the life expectancy for many older Americans who have had coronary heart disease is about the same as the life expectancy for other individuals of the same age, the company says.

The new rules probably could help lead to lower prices for about half of the Americans over age 70 who undergo bypass surgery or angioplasty, the company estimates.

- Allison Bell

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.