Getting affordable burial insurance with asthma or any other pre-existing condition generally depends on the severity of your ailment and how well you manage it. Luckily, quality burial insurance is often no problem at all for applicants with asthma.
Premium amount is partly determined by the severity of your asthma and how well you control it. In general, mild and moderate asthma have little impact on your life insurance rates. You can expect to pay the same as a person with average health. People with severe asthma who are taking supplemental oxygen will pay more and will have to a two-year waiting period.
Cost can vary from one life insurance company to another for the same medical condition and coverage. The differences result from each company’s own guidelines to determine risks and premium costs. Different guidelines are used by each company to assess asthma and other medical conditions, as well as tobacco use and other things that might affect long-term health and longevity.
The key to finding affordable burial insurance with asthma is finding the life insurance company that best match your individual needs, circumstance and budget. We help our asthma clients get the lowest rates on their final expense life and burial insurance.
We specialized in helping people with asthma and other health conditions secure the best plan at the lowest price. Buying burial insurance with asthma is usually not an issue for our clients, so call us today to find out how we can help you as well.
BURIAL INSURANCE WITH ASTHMA
If you have never suffered from an asthma attack or you haven’t seen someone close to you having an asthma attack, you may be asking “What’s the big deal about getting burial insurance when you have asthma?”
But if you have asthma or you have a loved one suffering from an asthma attack, you know how asthma can be a very serious medical condition.
Asthma is a serious chronic illness and if left untreated can have severe health consequences.
According to the Asthma and Allergy Foundation of America (AAFA), ten people die from asthma each day. Asthma is responsible for 14.2 million doctor’s visit and 1.8 million emergency department visits each year.
Fortunately, people with asthma can buy burial insurance, but the severity of your asthma condition will play a significant role in how much you pay for life insurance. Whatever kind of asthma you have, it’s important to follow your doctors’ advice and carefully manage your asthma.
Having well-controlled asthma (with or without medications) is going to help you get the best rates.
UNDERWRITING FOR BURIAL INSURANCE WITH ASTHMA
During the underwriting (reviewing your health information) process, each carrier will evaluate a number of factors related to your condition to determine your eligibility, premium costs, and insurance options. The underwriter will be assessing the risk you pose to the company by reviewing your answers on the application.
Every burial insurance policy that requires underwriting will ask health-related questions. These questions will determine if the insurance carrier will have issues about specific health conditions. Once they know your health information, they will be able to make a decision about your eligibility.
It’s a very rare occasion when insurance companies will specifically ask about asthma in their health questions. Most life insurance carriers do not care about asthma. We can easily help you qualify for immediate coverage with the lowest rate.
What’s the best thing about burial insurance?
You are not required to take a medical exam or provide urine and blood samples to qualify for coverage. You will only have to answer some questions about your health (sometimes there will be none). Burial insurance plans NEVER require medical exams.
Do I need a Prescription History Check?
It depends on the type of burial policy. Guaranteed issue life insurance requires you no answer NO health questions at all.
For better plan pricing, most companies will conduct a prescription history check on applicants. Medication information helps the insurance carriers to determine the seriousness of your asthma and how well you control the symptoms.
Doctors prescribe medications based on the severity of your asthma. Inhalers with short acting-beta agonist are prescribed to open airways quickly. These medications are a common treatment for mild intermittent asthma. A low dose of corticosteroid may also be prescribed on a daily basis to reduce inflammation.
Those with moderate persistent asthma may be prescribed oral medications, nebulizers, long-acting beta agonist, and the occasional use of the steroid-based inhaler. People with severe asthma often use rescue inhaler several times a day to relieve symptoms. Other treatment will include oral meds and long-acting beta agonist taken twice daily every day.
Here is a list of common asthma medications:
- Albuterol (ProAir HFA, Ventolin HFA)
- Beclomethasone (Qvar RediHaler)
- Budesonide (Pulmicort Flexhaler)
- Budesonide and formoterol (Symbicort)
- Ciclesonide (Alvesco)
- Fluticasone (Flovent HFA)
- Fluticasone and salmeterol (Advair Diskus)
- Fluticasone and vilanterol (Breo)
- Ipratropium (Atrovent HFA)
- Levalbuterol (Xopenex HFA)
- Mometasone (Asmanex Twisthaler)
- Mometasone and formoterol (Dulera)
- Montelukast (Singulair)
- Zafirlukast (Accolate)
- Zileuton (Zyflo)
The majority of burial insurance carriers are okay with these prescriptions. You may still qualify for burial insurance coverage even if your doctor prescribes these medications.
Asthma and Supplemental Oxygen
There are instances when asthma patients have difficult to control asthma and their doctor has prescribed supplemental oxygen so that they can to absorb the oxygen quickly and reduce the symptoms of asthma.
It will be difficult to qualify for first-day coverage if you are required to take supplemental oxygen. No insurance carrier offers instant coverage to those who are using supplemental oxygen. Regardless, you will still be eligible for a guaranteed issue life insurance plan.
This is the conventional route with anybody who takes oxygen for any reason. Burial insurance carriers are strict on most oxygen use cases. Your only option for burial life insurance coverage is to take a guaranteed issue burial insurance plan that doesn’t ask any health questions.
The only exception is if you are using a continuous positive airway pressure (CPAP) which use forced air. Forced-air CPAP does not rely on concentrated oxygen to operate. It simply takes air in the surrounding environment and forced it down the windpipe. If you use CPAP, you will still qualify for first-day coverage.
BURIAL INSURANCE FOR ASTHMA AND SMOKING
Smoking cigarettes, cigars, or pipe and other nicotine-based products will agitate your asthmatic condition.
If you have asthma and you currently smoke tobacco, you may be considered higher risk by the insurance companies, and they will charge a higher premium. You have options for many coverages including a non-medical exam policy, depending on your over health condition.
Most burial insurance companies will not decline your application based on smoking if you have a history of asthma, but they will charge a higher premium because of it.
While it’s never great to pay more for your policy, at least you can still qualify for burial insurance with asthma and smoking.
BURIAL POLICY OPTIONS FOR ASTHMA
The type of burial insurance policy you will qualify will determine your policy pricing.
Seasonal asthma is normally caused by pollens in the air or other climate-related issues. Seasonal asthma attacks infrequently occur, sometimes a couple of times a year, and can be effectively treated with medications until the seasonal conditions pass. Most well-controlled clients with seasonal asthma will qualify for a level death benefit.
Mild asthma – if your asthma is mild and your attacks happen only from time to time, and you can be treated with inhalers or medications, you will qualify for a level death benefit that covers you fully from day one.
Moderate asthma – when your attacks increase your case may be classified as moderate. You may be prescribed stronger medications such as nebulizers and steroids, and could occasionally result in emergency room treatment. You will still qualify for a level death benefit.
Severe asthma –is characterized by frequent strong attacks that require regular treatment by doctors and hospitalization. You may also be prescribed strong medications and steroids. Some people with severe asthma will be required to have supplemental oxygen use. The best option for severe asthma is to take a guaranteed issue life insurance where there is no physical exam and no health questions.
BURIAL INSURANCE FOR PEOPLE LIVING WITH ASTHMA
Level Death Benefit
If you have seasonal asthma or mild to moderate asthma, you can qualify for level death benefit with immediate full coverage on the day you purchased the policy. A level death benefit has the largest death benefit and no waiting period. It is the best burial insurance to qualify for and always the one we try to get for our clients.
Guaranteed Issue Life Insurance
This is a whole life insurance policy that is not going to require you to take a medical exam or answer any health question in order to qualify. If you are a U.S. citizen and you are between the ages of 40 to 85, you can be eligible for a guaranteed issue life insurance policy.
Your premium is fixed with the guaranteed issue life insurance. It will never increase due to increasing age or worsening health condition. Your policy will last for life, and it cannot be canceled by the insurance company as long as premiums are paid on time.
If your asthma is severe and you need hospitalization because of its severity, guaranteed issue life insurance policy is your only option to get coverage. Additionally, if you need supplemental oxygen, you will qualify for this policy.
The only problem with guaranteed issue life insurance is that it has three potential drawbacks. Let’s take a look at those drawbacks to understand this policy better before you purchase it:
#1 – Guaranteed issue life insurance contains a graded death benefit clause that imposed a two to three- year waiting period. This clause protects the insurance companies from insuring people who are on their death bed. You need to wait two years before you will be fully covered for the natural cause of death. Guaranteed issue WILL pay full death benefit during the waiting period on accidental death.
# 2 – The second drawback, guaranteed issue life insurance can only provide up to a maximum $25,000 in coverage. This policy is designed to cover funeral and burial expenses. So, if your insurance need is more than this amount you will need to get two or more plans from different carriers.
#3 – The third drawback, this policy is more expensive than a traditional term or whole life policies. You pay more for the additional risk the life insurance carrier takes for insuring you regardless of your medical condition. If you cannot qualify for level death benefit because of the severity of your asthma, this is your only option.
INFORMATION WE WILL WANT TO KNOW WHEN YOU APPLY
There are a number of things we’d like to know in order for us to find you the best-matched insurance company with the best rates for your asthma.
- When were you first diagnosed with asthma?
- What medications are you taking for asthma?
- How long since you’ve been diagnosed with asthma?
- How many asthma attacks have you suffered in the past 12 months?
- Have you ever need to visit the emergency room due to an asthma attack?
- When were you last hospitalized due to asthma?
- Have you used any tobacco or nicotine products in the past 12 months?
- Have you applied for or received any form of disability benefits in the past 12 months?
Your answers to these health questions will enable us to get the most accurate quotes from insurance carriers. Just make sure you are completely honest with us when we ask about your health. This will allow us to match you with the best company with the best price.
CAN I GET AFFORDABLE BURIAL INSURANCE WITH ASTHMA?
If you have asthma and need to purchase burial insurance, your best action to take is to contact an experienced independent insurance agency that understands the challenges of getting a life insurance policy for people with asthma. Your independent agent should represent multiple burial insurance carriers to get you the best eligibility and pricing.
LIFE INSURANCE COMPANIES FOR ASTHMA
RECOMMENDATION – Level Death Benefit
Most burial insurance companies don’t care about asthma. Not all companies offer plans in all states. Foresters is one of the best burial insurance companies we recommend due to its easy phone application process. And their application process accepts many significant health problems like asthma.
If you don’t qualify for Foresters, United Home Life or Mutual of Omaha are other competitive options.
RECOMMENDATION – Guaranteed Issue Burial Insurance
If you have severe asthma and has been hospitalized multiple times in the last 12 months, or you are taking supplemental oxygen, then guaranteed issue policy is your best choice because they ask no medical questions at all.
Since you had a significant health issue in the last 12 months, guaranteed issue caters to higher risk applicants who are in poor health. Your application will be easy because you will not have to take a medical exam nor would you need to answer health questions.
Guaranteed issue burial insurance has a two-year waiting period, if you die in the first two years as a result of any medical issue, you will get your premiums returned plus 10% interest.
Guaranteed issue life insurance offers a significant benefit of offering first-day coverage for any kind of accidental death.
FINDING THE BEST BURIAL INSURANCE WITH ASTHMA
The key to finding the lowest price on burial insurance with asthma is to apply with the right company. Not all burial insurance companies are lenient with asthma. You need to apply with the right asthma-friendly life insurance company.
To find the best burial insurance with asthma you just need to work with an independent agency like Funeral Funds that represents multiple insurance companies. We will compare prices for you to identify which carriers will offer you the lowest price.
HOW CAN FUNERAL FUNDS HELP ME?
Trying to find a policy with asthma needn’t be a frustrating process, but working with an independent agency like Funeral Funds will make the process easier and quicker.
If you have a health history with asthma, let us help you; we will work with you side by side to find a plan that fits your needs.
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 will shop your case to different insurance carriers and get you the best price.
We work with many A+ rated insurance carriers that specialized in covering high-risk clients like you. We will search all those companies to get the best rate. We will 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 asthma 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.