2024 Burial Insurance with Sleep Apnea
last updated on November 21, 2024Many individuals searching for burial insurance with sleep apnea think they are uninsurable. Nothing could be further from the truth, and this misconception is entirely false!
If you have sleep apnea and have no other significant health issues, you will be easily approved with our plans.
You can get first-day coverage from various companies. It means you’ve got full protection from day one, and you can have the lowest premiums!
| TABLE OF CONTENTS | |
|---|---|
What Is My Best Insurance Option If I Have A History Of Sleep Apnea?
If you have a history of sleep apnea, your best insurance option is a level death benefit plan (pricing never changes) with first-day coverage. You will have no waiting period.
If you have sleep apnea and you don’t have any underlying medical condition, you may easily qualify for a level death benefit.
You are 100% protected from the first day, and you will pay the lowest premium.
What Types Of Burial Insurance Should I Avoid?
| PLANS TO AVOID | WHY? |
|---|---|
| Term life | Premiums increase after 5 years. Coverage ends after 80. |
| Pre-paid funeral plans | Expensive |
| Universal life | Tied with stocks |
| No health questions policies | With 2-year waiting period |
| Plans offering "teaser rates" | $9.95 per unit plans or $1 buys $100,000 coverage |
| Over priced plans | Insurance from TV and junk mail |
| Plans that accept mail-in payments | Risky |
| Plans that accept Direct Express | High lapse rate |
| Plans that accept Credit Cards | High lapse rate |
What Type Of Burial Insurance Is Best?
| FUNERAL FUNDS PLAN BENEFITS | INCLUDED |
|---|---|
| 1st Day Coverage | YES |
| Rates NEVER Increase | YES |
| Coverage NEVER Decreases | YES |
| Easy to get approved | YES |
| No Medical Exam | YES |
| Same Day Approval | YES |
| Death Claims Pay Fast | YES |
| Builds cash value | YES |
| Coverage Up To Age 121 | YES |
If I Have Sleep Apnea, Do I Need A Medical Exam To Qualify For Burial Insurance?
You are NOT required to take a medical exam to qualify for burial insurance with sleep apnea.
When applying for burial insurance, you only have to answer basic health questions. The application process is simple; you don’t need to provide medical records or blood and urine samples.
You can often get approval from the insurance company often within minutes!
Burial Insurance Underwriting If You Have Sleep Apnea
Burial insurance companies have two ways of underwriting:
FIRST – They may ask you a series of health questions. Your answers to their questions will determine your eligibility.
SECOND – They will electronically review your prescription history to verify your health.
Here is an interesting fact – most insurance companies never ask about sleep apnea in health questions!
You heard it right. They accept this condition with no questions asked!
In some cases, you’ll see sleep apnea mentioned this way:
- In the previous two years, are you getting treatment for sleep apnea?
- Are you using supplemental oxygen to help you breathe?
- In the previous 12 months, have you used supplemental oxygen to help you breathe (excluding use for sleep apnea)?
OXYGEN USE WITH SLEEP APNEA
Every life insurance provider with underwriting asks about oxygen equipment for breathing.
There is only one exception: the use of oxygen equipment for sleep apnea.
Using CPAP machines or oxygen for sleep apnea will still qualify you for first-day coverage. However, if you’re using oxygen equipment other than sleep apnea, you won’t qualify for immediate coverage; you’ll only qualify for guaranteed acceptance life insurance.
Burial insurance policies health questionnaire contain “knockout” questions. If you answer “yes” to a knockout question, your plan may not be approved by the insurance company.
Most knockout questions tend to revolve around heart attack, diabetes complications, cognitive function, oxygen use, and some of the heavy drugs these medical conditions require for treatment.
Insurance providers with underwriting may also check your prescription history to verify your answers on the application.
There will be an alert if you’re taking medications for health issues you answered no on the application.
For example, you said no to the COPD health question, but you are taking a steroid inhaler used to treat COPD only, the insurance company will question your eligibility (lying on a life insurance application is considered fraud).
How Much Insurance Do I Need If I Have Sleep Apnea?
The amount of burial insurance you should buy varies depending on your personal and financial circumstances. However, burial insurance should cover the cost of your funeral, burial, and final expenses.
The first step to figuring out how much burial insurance you need is to know your end-of-life expenses. Your funeral cost is often the biggest single expense you need to pay. Other end-of-life expenses to consider are your outstanding medical bills, living expenses, credit card bills, and other debts.
Here’s an example of a funeral cost breakdown from the National Funeral Directors Association.
| AVERAGE FUNERAL COST WITH VIEWING AND BURIAL | |
|---|---|
| Non-declinable basic services | $2,300 |
| Removal/ transfer of remains to funeral home | $350 |
| Embalming & preparation of the body | $1,050 |
| Use of facilities for viewing & funeral ceremony | $965 |
| Hearse | $325 |
| Service car/van | $150 |
| Basic memorial printed package | $183 |
| Metal casket | $2,500 |
| Vault | $1,572 |
| Median Cost of a Funeral With Viewing and Burial | $9,420 |
| AVERAGE FUNERAL COST WITH VIEWING AND CREMATION | |
|---|---|
| Non-declinable basic services fee | $2,300 |
| Removal/ transfer of remains to funeral home | $350 |
| Embalming & preparation of the body | $1,050 |
| Use of facilities for viewing & funeral ceremony | $965 |
| Service car/van | $150 |
| Basic memorial printed package | $183 |
| Cremation fee (if firm uses a third-party crematory) | $368 |
| Cremation Casket | $1,310 |
| Urn | $295 |
| Median Cost of a Funeral with Viewing and Cremation | $6,970 |
| Rental Casket | $995 |
| Alternate Cremation Container | $150 |
How Should I Pay My Premiums?
The best way to pay your premium is through a savings or checking account. We recommend you set a bank draft from your savings or checking account. That way, the bank will automatically pay your premium each month and you don’t need to worry about your policy lapsing due to non-payment.
Sleep Apnea And Burial Insurance Riders
Insurance policy riders add benefits to your policy. Adding insurance riders will enhance your policy to fit your needs. Some riders are built into your policy, while others can be added at an additional cost. Most riders are affordable, and it involves little to no underwriting.
Here’s a list of common burial insurance riders:
| FUNERAL FUNDS ADD-ONS | AVAILABILITY |
|---|---|
| Terminal Illness Add-On Benefit | Included with most plans |
| Nursing Home Care Add-On Benefit | Included with most plans |
Finding Affordable Burial Insurance With Sleep Apnea
Finding the most affordable burial or final expense insurance with sleep apnea is simple. You just need to work with an independent burial agency like Funeral Funds that can shop from different insurance providers to get the one that will offer you the lowest price.
We’ve helped clients with sleep apnea, and other significant health conditions qualify for a level death benefit plan. We always aim for level death benefit because it is the least expensive, and it covers you from day one.
If you or a family member are looking for life insurance that costs the least and covers you immediately, call us at (888) 862-9456, and we will find you the insurance company that best suits you.
Benefits Of Burial & Funeral Insurance
Here are some of the benefits of purchasing a burial or funeral policy:
- No medical exam or doctor’s visit required – easy to get approved.
- Ease of issue – easy to qualify and get insurance coverage.
- No Money Down to get approved – have your policy start whenever you want.
- Level premium – your premium will never increase.
- Fixed death benefit – your death benefit will never decrease for any reason.
- Permanent protection – your policy can not be canceled by the life insurance company as long as you continue to pay your premiums.
- Tax-free – the death benefit is directly paid to your beneficiary tax-free upon your death
- Cash value builds up – burial insurance is a whole life policy that builds cash value over time.
Other Common Uses For Final Expense Life Insurance With Sleep Apnea
All of these examples are appropriate uses for Final Expense Life Insurance:
- Burial insurance plan with sleep apnea
- Cremation insurance plan with sleep apnea
- Funeral home insurance plan with sleep apnea
- Final Expense insurance plan with sleep apnea
- Prepaid funeral plan insurance with sleep apnea
- Mortgage payment protection plan with sleep apnea
- Mortgage payoff life insurance plan with sleep apnea
- Deceased spouse’s income replacement plan with sleep apnea
- Legacy insurance gift plan to family or loved ones with sleep apnea
- Medical or doctor bill life insurance plan with sleep apnea
We can help you with any of the plans above. Your pricing will depend on your age, health, and coverage amount for each program option.
How Can Funeral Funds Help Me?
Trying to find sleep apnea insurance needn’t be frustrating, but working with an independent agency like Funeral Funds will make the process easier and quicker.
If you have a history of sleep apnea, let us help you; we will work with you side by side to find a plan that fits your needs.
You don’t need to waste your precious time searching for different insurance companies; we will do the work for you. We can shop your case to different companies to get your application approved.
Here at Funeral Funds, we specialize in obtaining life insurance coverage for people with different medical conditions.
Fill out our quote form on this page or call us at (888) 862-9456, and we can give you an accurate quote.
Additional Questions & Answers On Burial Insurance With Sleep Apnea
Can I get life insurance if I have sleep apnea?
The short answer is yes – you can get life insurance if you have sleep apnea. Most life insurance does not ask about sleep apnea in the health questionnaire.
Does sleep apnea affect your life insurance?
No, sleep apnea will not directly impact your life insurance policy. However, if you have sleep apnea and it goes untreated, it could lead to other health complications affecting your life insurance policy.
Can you get life insurance with a CPAP machine?
Yes – you can get life insurance with a CPAP machine. Most life insurance companies will not ask about your CPAP machine in the health questionnaire.
Is sleep apnea classed as a critical illness?
No, sleep apnea is not classed as a critical illness. However, if you have sleep apnea and it goes untreated, it could lead to other health complications that would be classified as a critical illness.
Does sleep apnea shorten life span?
There is no definitive answer to this question. Sleep apnea can lead to other health complications that may shorten your life span. However, if you have sleep apnea and it is treated effectively, it should not directly impact your life span.
Do you have to declare sleep apnea to insurance?
No, you do not have to declare sleep apnea to most insurance companies. However, if you have sleep apnea and it goes untreated, it could lead to other health complications that you must declare to your insurance company.
Can a person with sleep apnea get burial insurance?
Yes, a person with sleep apnea can get burial insurance. Most life insurance companies do not ask about sleep apnea in the health questionnaire.
How much does life insurance cost for someone with sleep apnea?
The cost of life insurance for someone with sleep apnea will depend on many factors, including the company you choose, your age, coverage amount, and your health history.
Can you get first-day coverage insurance if you have sleep apnea?
Yes, you can get first-day coverage insurance if you have sleep apnea. Most life insurance companies will not ask about your sleep apnea in the health questionnaire.
Do I need to tell insurance about sleep apnea?
No, you do not need to tell insurance about sleep apnea. However, if you have sleep apnea and it goes untreated, it could lead to other health complications you would need to tell insurance about.
What is my best insurance option if I have sleep apnea?
The best insurance option for people with sleep apnea is first-day coverage life insurance with no waiting period.
What are the things that may affect my eligibility if I have sleep apnea?
There are a few things that may affect your eligibility if you have sleep apnea, including:
- Whether or not you use oxygen or a CPAP machine
- Your overall health history
Is sleep apnea a pre-existing condition for life insurance?
No, sleep apnea is not a pre-existing condition for life insurance. Most life insurance companies do not ask about sleep apnea in the health questionnaire.
Can I get final expense life insurance if I had sleep apnea?
Yes, you can get final expense life insurance if you have sleep apnea. Most life insurance companies will not ask about your sleep apnea in the health questionnaire.
Do I need to take a medical exam if I have sleep apnea?
No, you do not need to take a medical exam if you have sleep apnea. Most life insurance companies will not ask about your sleep apnea in the health questionnaire.
What is the best life insurance for someone with sleep apnea?
The best life insurance for someone with sleep apnea is first-day coverage life insurance with no waiting period
Do I need to declare my sleep apnea to the insurance company?
No, you do not need to declare your sleep apnea to the insurance company unless they specifically ask about it.
Can you be denied insurance for sleep apnea?
No, you would almost never be denied insurance for sleep apnea. Most life insurance companies do not ask about sleep apnea in the health questionnaire.
What is the best life insurance company for someone with sleep apnea?
The best life insurance company for someone with sleep apnea is the one that offers first-day coverage life insurance with no waiting period.
What is the average cost of life insurance for someone with sleep apnea?
The average cost of life insurance for someone with sleep apnea will depend on a number of factors, including the company you choose, your age, coverage amount, and your health history.
Is there a waiting period for life insurance with sleep apnea?
No, there is no waiting period for life insurance with sleep apnea. Most life insurance companies will not ask about your sleep apnea in the health questionnaire.
I have sleep apnea, what are my insurance options?
The best insurance option for people with sleep apnea is first-day coverage life insurance with no waiting period.
Can sleep apnea affect life insurance?
No, sleep apnea cannot affect life insurance. Most life insurance companies do not ask about your sleep apnea in the health questionnaire.
What is the cost of life insurance for someone with sleep apnea?
The cost of life insurance for someone with sleep apnea will depend on several factors, including the company you choose, your age, coverage amount, and your health history.
Can I qualify for cremation insurance with a history of sleep apnea?
Yes, you can get cremation insurance with a history of sleep apnea. Most life insurance companies will not ask about your sleep apnea in the health questionnaire.
What are some tips for getting life insurance with sleep apnea?
- If you have sleep apnea, be sure to tell your life insurance company. Most companies will not ask about sleep apnea on the health questionnaire, but some may.
- Look for a life insurance company offering first-day life insurance with no waiting period.
- Be sure to disclose any and all medical conditions on your life insurance application. Failure to do so could result in a denial of coverage or policy cancellation.
Can you be rejected for life insurance because of sleep apnea?
No, you cannot be rejected for life insurance because of sleep apnea by most companies. Most life insurance companies do not ask about your sleep apnea in the health questionnaire.
Can sleep apnea affect your life insurance rates?
Sleep apnea will rarely affect your life insurance rates. Most life insurance companies do not ask about your sleep apnea in the health questionnaire.
What is the best type of life insurance for someone with sleep apnea?
The best type of life insurance for someone with sleep apnea is a first-day coverage life insurance with no waiting period.
Is there an age limit for burial insurance with sleep apnea?
The age limit for burial insurance is typically 85 years old.
Can sleep apnea medication affect my premium rates?
Sleep apnea medication will rarely affect your premium rates. Most life insurance companies do not ask about your sleep apnea in the health questionnaire.
How can you get the best life insurance rates with sleep apnea?
If you have sleep apnea, be sure to tell your life insurance company. Most companies will not ask about sleep apnea on the health questionnaire, but some may. Look for a life insurance company offering first-day life insurance with no waiting period.
What are some things to keep in mind when getting life insurance with sleep apnea?
Be sure to disclose any medical conditions on your life insurance application. Failure to do so could result in a denial of coverage or policy cancellation. Also, look for a life insurance company that offers first-day coverage life insurance with no waiting period.
