Burial Insurance with Alcohol Abuse

Getting approved for burial insurance with alcohol abuse can be tricky. The problem lies with most insurance companies wanting to see a successful history of sobriety before approving a policy to a recovering alcoholic.

Applying for burial insurance with a history of alcohol abuse will be easier if you can maintain sobriety over time. But, if you can’t stop your excessive alcohol consumption, there are still some options open for you.

This article is written for alcoholics and recovering alcoholics looking to purchase burial insurance. We will describe how alcohol abuse would affect your ability to qualify for burial insurance and how to find affordable burial insurance with a history of alcohol abuse.

FOR EASIER NAVIGATION:

WHAT IS MY BEST INSURANCE OPTION IF I HAVE A HISTORY OF ALCOHOL ABUSE?

Your ability to qualify for burial insurance with alcohol abuse will depend on the amount of time that has passed since your alcohol abuse diagnosis, the recommendation for treatment, and if you are currently being treated.


IF YOUR DIAGNOSES OR TREATMENT IS LONGER THAN 2 YEARS AGO

Many life insurance companies offering burial insurance will allow you to qualify for level death benefit plan with first-day coverage if it has been 24 months or longer since diagnosis, recommendation for treatment and treatment occurred.

If this is the case with you, you will qualify for the level death benefit that offers immediate full coverage on the first day. It does not have a waiting period and your beneficiary will receive your full death benefit when you pass away.

Best Option: Level death benefit plan with first-day coverage


DIAGNOSED, RECOMMENDATION FOR TREATMENT, OR BEING TREATMENTED FOR ALCOHOL ABUSE IS WITHIN THE PAST 24 MONTHS

If you were diagnosed or recommended for treatment of alcohol abuse within the past 24 months, you would qualify for a first-day benefit plan.

First-day benefit plan will cover you from the first day and your death benefit will be phased in over time.

Best Option: First-day benefit plan


WHAT TYPES OF BURIAL INSURANCE SHOULD I AVOID?

PLANS TO AVOIDWHY?
Term lifePremiums increase after 5 years. Coverage ends after 80.
Pre-paid funeral plansExpensive
Universal lifeTied with stocks
No health questions policiesWith 2-year waiting period
Plans offering "teaser rates"$9.95 per unit plans or $1 buys $30,000 coverage
Over priced plansInsurance from TV and junk mail
Plans that accept mail-in paymentsRisky
Plans that accept Direct ExpressHigh lapse rate
Plans that accept Credit CardsHigh lapse rate


WHAT TYPE OF BURIAL INSURANCE IS BEST?

FUNERAL FUNDS PLAN BENEFITSINCLUDED
1st Day CoverageYES
Rates NEVER IncreaseYES
Coverage NEVER DecreasesYES
Easy to get approvedYES
No Medical ExamYES
Same Day ApprovalYES
Death Claims Pay FastYES
Builds cash valueYES
Coverage Up To Age 121 YES


IF I HAVE ALCOHOL ABUSE, 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 alcohol abuse.

When you apply for burial insurance, you only have to answer some basic questions about your health. The application process is simple, and you don’t need to provide medical records or blood and urine samples.

You’ll get the official approval from the insurance company often within minutes!


BURIAL INSURANCE UNDERWRITING IF YOU HAVE ALCOHOL ABUSE

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.

Alcohol abuse and addiction can be damaging to your overall health and life expectancy that’s why life insurance companies want to know about it.

Every burial insurance company will ask about alcohol abuse in their health questionnaire.

Here’s a sample question you can find in burial insurance application:

  • During the past 24 months, have you been advised to have diagnostic testing, for which the result have not been received, or been advised to have treatment or counseling for alcohol abuse?
  • Within the last 2 years have you been, treated for, been advised by a medical professional to have treatment for, or excessively used, alcohol or any drugs of abuse?
  • Within the past 2 years have you had, or been diagnosed with, or received or been advised to receive treatment or medication for alcohol or drug abuse?

Most burial insurance companies define treatment when a patient request advice or counsel from a medical professional, even if he has already received a diagnosis. For instance, you currently see a psychiatrist to help manage your addiction even when your diagnosis occurred several years ago.

If a doctor recommended any kind of treatment within the last two years, (some insurance companies consider Alcoholics Anonymous as treatment) even if you have not started the treatment, you must answer “yes” to the alcohol abuse question.


PRESCRIPTION HISTORY CHECK

Burial insurance companies will also check your prescription history. If you are prescribed Naltrexone, Suboxone, or any prescribed medication to reduce alcohol cravings, then you will be considered as someone with an alcohol abuse issue.

If you are taking prescription medication for alcohol abuse, you must answer “yes” to the alcohol abuse question.


HOW MUCH INSURANCE DO I NEED IF I HAVE AN ALCOHOL ABUSE HISTORY?

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$2,195
Removal/ transfer of remains to funeral home$350
Embalming & preparation of the body$1,005
Use of facilities for viewing & funeral ceremony$925
Hearse$340
Service car/van$150
Basic memorial printed package$175
Metal casket$2,500
Vault$1,495
Median Cost of a Funeral With Viewing and Burial$9,135
AVERAGE FUNERAL COST WITH VIEWING AND CREMATION 
Non-declinable basic services fee$2,195
Removal/ transfer of remains to funeral home$350
Embalming & preparation of the body$1,005
Use of facilities for viewing & funeral ceremony$925
Service car/van$150
Basic memorial printed package$175
Cremation fee (if firm uses a third-party crematory)$350
Median Cost of a Funeral with Viewing and Cremation$5,150
Cremation Casket$1,200
Rental Casket$995
Alternate Cremation Container$150
Urn$295


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.

PAYMENT METHODRECOMMENDED?
Savings AccountBest way to pay
Checking AccountBest way to pay
CashNot recommended
Money OrderNot recommended
Cashier's CheckNot recommended
Debit CardNot recommended
Credit CardNot recommended
Direct ExpressNot recommended
PAYMENT FREQUENCYRECOMMENDEDACCEPTED BY
MonthlyRecommendedAll Companies
QuarterlyNot RecommendedSome Companies
Semi-annuallyNot RecommendedSome Companies
AnnuallyNot RecommendedSome Companies


ALCOHOL ABUSE 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 other riders 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-ONSAVAILABILITY
Terminal Illness Add-On BenefitIncluded with most plans
Nursing Home Care Add-On BenefitIncluded with most plans


HOW TO GET THE BEST BURIAL INSURANCE RATES FOR ALCOHOLICS

To get lower rates on a burial insurance with alcohol abuse, it’s critical to work with an experienced independent insurance agency like Funeral Funds that represents multiple insurance companies. Instead of having to do the research and calling the companies yourself, let us help you through the process. Working with us is like working with 40 companies all at once. This is the quickest way to find the cheapest burial insurance.

At Funeral Funds, we are experts in finding the best companies based on your history of alcohol abuse. We will help you find the lowest-priced burial insurance you can qualify for.


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 ALCOHOL ABUSE

All of these examples are appropriate uses for Final Expense Life Insurance:

  • Burial insurance plan with alcohol abuse
  • Cremation insurance plan with alcohol abuse
  • Funeral home insurance plan with alcohol abuse
  • Final Expense insurance plan with alcohol abuse
  • Prepaid funeral plan insurance with alcohol abuse
  • Mortgage payment protection plan with alcohol abuse
  • Mortgage payoff life insurance plan with alcohol abuse
  • Deceased spouse’s income replacement plan with alcohol abuse
  • Legacy insurance gift plan to family or loved ones with alcohol abuse
  • Medical or doctor bill life insurance plan with alcohol abuse

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 a policy with alcohol abuse needn’t be a frustrating process, but working with an independent agency like Funeral Funds will make the process easier and quicker.

We will work with you every step of the way to find the plan that fits your financial requirements and budget. You need not waste your precious time anymore searching for multiple insurance companies because we will do the dirty work for you.

We work with many A+ rated insurance carriers that specialized in covering high-risk clients like you.  We will search all those companies and match you up with the best burial insurance company that gives the best rate.

We will assist you in securing the coverage you need at a rate you can afford. So, if you are looking for funeral or burial insurance with alcohol abuse in your medical history, we can help.

Fill out our quote form on this page or call us at (888) 862-9456 and we can give you an accurate quote.

Life Insurance, Funeral Insurance, Final Expense Insurance, Burial Insurance With Alcohol Abuse Infographics

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