Burial insurance with a blood clot is easier than you think. Having blood clots, emboli, or deep vein thrombosis (DVT) will not prevent you from getting the best burial insurance at an affordable rate.
Blood clots are one of the most preventable types of blood conditions. It’s possible you may even qualify for first-day coverage life insurance with the lowest rate depending on your general health.
You won’t even have to take a medical exam or submit blood samples as part of the application process. There’s only a set of health questions to answer!
In this article, we will explore your burial insurance options if you have blood clots and how to get the most affordable plan.
BLOOD CLOT AND LIFE INSURANCE
Not all blood clots are harmful, some blood clots are good. They help protect the body from harm when clots form when a vein or artery is cut to stop the bleeding.
A blood clot becomes a problem if it develops inside the artery or vein for no good reason. It blocks or seriously affects the flow of blood it can cause mane health problems.
Blood clots sometimes dissolve on their own, but most of the time, they do not.
Here are the most common causes of blood clots and emboli:
- Atrial fibrillation
- High cholesterol
- Prolonged bed rest
- Sitting for a long period
- Using estrogen hormones
- Taking birth control pills
- Reactions to certain medications
Some life insurance companies are concerned about blood clots because blood clots and emboli can cause serious and even life-threatening situations, such as heart attacks, strokes, or even death.
Because of these complications, some burial insurance companies will specifically ask about blood clots and emboli, but most of them will not.
For the most part, blood clots are generally a non-issue with most insurance companies. We can help you get qualified for the best plan with the lowest rate, even if you have a pulmonary embolism in the past.
UNDERWRITING BURIAL INSURANCE WITH BLOOD CLOT
If you want to get the lowest premium on life insurance, we recommend that you apply for a plan that asks some medical questions.
The primary purpose of underwriting (asking health questions) is to know what plan you will qualify for and the amount of your premium if your application is approved.
Final expense insurance has lenient underwriting, and most people with a blood clot will qualify for the best pricing.
Most of the time, burial insurance companies never even ask about blood clots in the health questionnaire directly. In fact, you will rarely see it asked on a final expense or burial insurance application.
Insurance companies will only ask about specific medical conditions that they care about. If they don’t ask about it on their health questionnaire, it means the company will gladly accept your health issue.
The only time you will have an issue with blood clots is if you have undergone a recent thrombectomy to treat a blood clot. We will explore this in the latter part of this article.
Prescription History Check
Aside from the health question, a prescription history check will be conducted to verify your health. The company will see the type of medications you take and for what conditions.
If you have blood clot or emboli, your doctor may prescribe any of these anticoagulants or blood thinners:
- Apixaban (Eliquis)
- Clopidogrel (Plavix)
- Dipyridamole (Persantine)
- Dabigatran (Pradaxa)
- Enoxaparin (Lovenox)
- Edoxaban (Savaysa)
- Fondaparinux (Arixtra)
- Heparin (Fragmin, Innohep, and Lovenox)
- Rivaroxaban (Xarelto)
- Ticlopidine (Ticlid)
- Warfarin (Coumadin, Jantoven)
If you are taking any of these blood thinners, some final expense insurance companies will consider you to be a high-risk applicant because these drugs are also used to treat stroke and heart attack.
The good news is that we work with insurance companies that don’t care that you use these drugs to prevent or treat blood clots.
If you are taking any of these blood thinners as a maintenance medication, most insurance companies will look at your health favorably because these medications prevent health problems in the future.
BLOOD CLOT TREATMENT AND ITS EFFECT ON BURIAL INSURANCE ELIGIBILITY
If your blood clot was treated with a clot-buster (catheter-directed thrombolysis) or thrombectomy (surgical removal of a clot), you can still qualify for burial insurance depending on the date of your last treatment.
Within the last 12 months
Thrombectomy is considered a circulatory surgery. If you have had thrombectomy in the last 12 months, you may need to answer “yes” to the circulatory surgery question.
Every life insurance company looks negatively on any recent circulatory surgery for their level death benefit plan with first-day coverage.
Due to your recent circulatory surgery, you will be placed in a higher risk category. You may have to pay 15-50% more, and your insurance policy will have a one or two-year waiting period depending on the company.
Over one year but within the last 24 months
The more time has passed since your surgical thrombectomy, the better the insurance option you have. Some burial insurance companies only look back 12 months on circulatory surgery.
You will be eligible for level death benefit with first-day coverage if you don’t have other medical conditions that may prevent you from qualifying for coverage with these companies.
Over two years ago
If your surgical thrombectomy was over two years ago, you have the best insurance options available.
Most final expense insurance companies only look back two years on circulatory surgery. If this is your case, you will qualify for first-day coverage with any final expense insurance company.
Almost every burial insurance or final expense insurance company will offer you their best plan with no waiting period and the lowest price two years after a circulatory surgery. At this point, you will be considered as though you never had a thrombectomy from an underwriting perspective.
It is best to purchase your burial insurance now because you’ll never know what will happen tomorrow with your health.
If you have another blood clot in the future that requires surgical thrombectomy, you will pay more and have a waiting period.
INFORMATION WE NEED IF YOU HAVE BLOOD CLOTS
If you have blood clots, we will ask you some questions to help you qualify for the lowest premium and avoid purchasing an expensive plan.
- When was your blood clot diagnosed?
- What medications are you taking for blood clots?
- Have you ever been diagnosed with deep vein thrombosis?
- Have you ever been diagnosed with pulmonary embolism?
- Did you ever have a mini-stroke or full-blown stroke?
- Do you have other health issues?
- Did you have any surgery to treat your blood clot?
We will look for companies that will look at your medical conditions and medications favorably. Our goal here is to get you first-day coverage without requiring a waiting period before your coverage starts.
BURIAL INSURANCE WITH BLOOD CLOT
LEVEL DEATH BENEFIT
Burial insurance with level death benefit does not require a medical exam to qualify. You only have to answer a set of health questions on the application.
The level death benefit policy provides 100% protection from the first day. It does not have a waiting period and you will also pay the lowest premium.
You will be eligible for this plan, depending on your answer to the health questions. If the blood clot is your only health issue, you will easily qualify for a level death benefit plan.
We have access to multiple final expense insurance companies that offer first-day coverage to people who have blood clots.
Level Death Benefit plans have the following features:
- Easy application – no medical exams; you only need to answer some basic health questions.
- First-day coverage – you are fully protected from the first day the coverage is in force. It does not have exclusions and no waiting period.
- Level death benefits – your death benefit is guaranteed never to decrease regardless of age and worsening health condition.
- Fixed premiums – your monthly premiums are fixed, and it will stay the same your whole life. It is lock-in to a rate at your application age and will never increase regardless of your advancing age or health.
- Non-cancelable – your insurance policy will never be canceled by the insurance company when you reach age 80 as long as you keep paying your premiums on time.
- Tax-free – your beneficiary will get the full death benefit free of tax.
- Builds cash value – your burial insurance is whole life insurance that has a cash value component. The cash value accumulates over time. You have the option to withdraw it or use it to pay for your premium.
The level benefit plan is the best burial insurance option that we always strive to get our clients.
If you have a blood clot or emboli and taking blood-thinning medications, we can get you this plan from funeral insurance companies that never ask about a blood clot or embolism.
GUARANTEED ISSUE BURIAL INSURANCE
Blood clot as a stand-alone condition does not require the use of guaranteed issue whole life insurance. The only time you would need to take this route is if you have a recent thrombectomy surgery to treat your condition or if you have other medical conditions like a recent stroke that won’t qualify you for a level death benefit plan.
If your thrombectomy is less than 12 months, guaranteed issue burial insurance is your only option for coverage.
A guaranteed issue policy (also called guaranteed acceptance life insurance) does not require a medical exam and it does not ask any health questions. There is no prescription history check or MIB file check or underwriting, and you will be approved for insurance coverage regardless of your health.
You just need to be a U.S. citizen or permanent resident between 50-85 years old to qualify for this plan. You will pay a fixed premium for this plan.
The premiums are guaranteed never to increase as you age, and the death benefit will never decrease. Your plan will stay in force as long as you keep paying your premium on time.
You must be aware that the guaranteed issue life insurance comes with a graded benefit for the first two years of the policy. This waiting period applies to the natural cause of death.
If you die during the waiting period, your beneficiary will not receive the full death benefit. Your beneficiary will only receive all the premiums you paid into the policy plus 7-10% interest.
You will need to live for the first two years before the company will pay for the natural or non-accidental cause of death. But, if you die from an accident even during the waiting period, your beneficiary will receive a 100% death benefit.
FINDING THE BEST BURIAL INSURANCE IF YOU HAVE BLOOD CLOTS
One factor that is most crucial when applying for burial insurance with a blood clot is applying with the right company because some companies ask about blood clots or embolism on their application.
Knowing which company is best for people with a blood clot or other health issues is something you can’t do on your own. You’ll need the help of an independent insurance agency to identify those companies for you. This is where working with an insurance professional is a must.
An independent insurance agency like Funeral Funds works for your best interest. We will shop the market for you to get the best plan for your age, health, and budget. If you have a blood clot or embolism, give us a call or complete the instant quote box to get a free quote.
HOW CAN FUNERAL FUNDS HELP ME?
Trying to find a policy if you have blood clots or embolism needn’t be a frustrating process; working with an independent agency like Funeral Funds will make the process easier and quicker.
If you have a health history of blood clots, 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 don’t have to 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 blood clot funeral insurance, or burial insurance with blood clot, or blood clot life insurance.
Fill out our quote form on this page or call us at 888) 862-9456 and we can give you an accurate quote.