Having trouble finding affordable burial insurance with Cirrhosis of the liver? Don’t worry. We can help! We are expert at helping clients with cirrhosis get burial insurance, especially those who’ve been rejected by other insurance companies or those considered uninsurable.
At Funeral Funds, we specialize in high-risk life insurance and we have access to the best risk insurance burial insurance companies to help protect your family financially after you are gone.
We can point you in the right direction for your coverage and help you find coverage much faster and more conveniently than going through the process alone.
It’s going to be a big time-saver for you!
Read on because in this article we will going to show how insurance companies underwrite cirrhosis applicants and how you can qualify for a plan without waiting period.
WHY DO THE INSURANCE COMPANIES CARE ABOUT CIRRHOSIS OF THE LIVER?
Cirrhosis is a late stage of fibrosis or scarring of the liver caused by many forms of liver disease and condition, such as chronic alcoholism and hepatitis.
Other possible causes of cirrhosis include cystic fibrosis, destruction of the bile ducts, fat accumulation in the liver, and from medications such as methotrexate.
Each time the liver is injured, it heals itself. As the liver heals itself, it creates scar tissue.
As cirrhosis progresses, more and more scar tissue forms. As the scarring continues, the liver cannot perform its basic functions at full capacity.
A healthy liver has many necessary health functions including cleaning your blood, detoxifying harmful substance in your body and making vital nutrients.
The insurance companies know that severe liver damage can lead to liver failure and possibly death.
In the U.S. about 31,000 people die from cirrhosis every year, mainly due to alcoholic liver disease and chronic hepatitis C. Cirrhosis cannot be reversed or cured except in some instances through a liver transplant.
Cirrhosis can only be slowed or halted if this liver disease is detected in the early stages of the development.
Other complications from cirrhosis include:
- Insulin resistance and Type 2 Diabetes
- Reduced oxygen in the blood
- Changes in blood count
- Excessive bleeding and bruising
- Increased risk of infections
- Loss of muscle mass
- Premature menopause
- Breast enlargement in men
- Enlarge spleen
- Sensitivity to medications
- Kidney failure
- Liver cancer
All of these health issues can impact mortality and life spans of cirrhosis patients. The insurance companies may not offer their best plans, or any plans at all, to people with cirrhosis.
CAN YOU QUALIFY FOR BURIAL INSURANCE WITH CIRRHOSIS OF THE LIVER?
For many people without a pre-existing condition, obtaining the traditional life insurance protection that means just applying for coverage, and then waiting for approval of the policy. If, however, you have significant medical problems your application will be denied.
That’s not the case with burial insurance.
Having cirrhosis of the liver will not disqualify you from qualifying for a final expense insurance plan.
An immediate benefit with first-day coverage is available even if you have liver cirrhosis. Yes! Full protection from day one and no waiting period. You will easily qualify with some companies we work with, we will help you.
We helped many clients with cirrhosis of the liver get approved for immediate coverage over the years. We will help you too.
THE TRUTH ABOUT BURIAL INSURANCE WITH CIRRHOSIS
Liver cirrhosis is a debilitating disease that can cause many issues, including qualifying for burial insurance coverage. Every final expense insurance company inquire about it on their health questionnaire.
Liver cirrhosis is a serious condition that affects the whole body. Ultimately, this disease reduces your life expectancy.
Cirrhosis is a late-stage form of liver disease.
Cirrhosis means that you have advanced liver damage. Because of this many insurance carriers consider those with cirrhosis to be high-risk applicants.
Cirrhosis is a significant risk factor for primary liver cancer, which is even riskier for insurance carriers.
Cirrhosis increases the risk of developing other severe medical conditions. If untreated liver cirrhosis can lead to complications such as liver failure, insulin resistance, and type 2 diabetes. This is an addition to cirrhosis’ already risky status as a medical condition.
Given this level of risk, many people who have cirrhosis of the liver usually find it difficult to get insurance coverage. And when they do find options for life insurance with cirrhosis, it often comes with an expensive insurance plan.
Every insurance companies charge an extra premium if you have liver cirrhosis because it causes early mortality.
Getting life insurance for cirrhosis can be difficult, but it is not impossible. At Funeral Funds, we can help you get the insurance coverage you need to protect your family in the future.
We work with some companies that offer full immediate coverage even if you have liver cirrhosis. There is absolutely no waiting period.
If your cirrhosis will cause to not qualify with these companies, we will help you get a plan with graded benefit. This plan will pay a percentage of your death benefit in the first two years of the policy.
Can it get even better? Yes! Your application for burial insurance doesn’t require a medical exam or physicals. No blood test and urine sample. You only need to answer some basic health questions.
BURIAL INSURANCE WITH CIRRHOSIS OF THE LIVER
Even if one or two different insurance carriers have denied you coverage in the past, that doesn’t mean you’re going to be declined by every insurance company in the future. For this reason, it’s always important to get a second opinion before you give up searching.
The good news is there are some types of life insurance plans available to people with cirrhosis of the liver.
Simplified issue life insurance
There is no medical underwriting or physical check with the simplified issue policy. You will only need to answer some questions about your health.
Your answer to the health question will determine your approval and the cost of your policy. The best feature of this policy is that you can get immediate coverage. You will be fully covered from day one, and your beneficiary will receive the full death benefit whenever you pass away (whether it is three months or two years after you bought the policy).
Common questions asked when applying for simplified issue policy:
- Are you currently residing in a hospital or nursing home?
- Do you smoke?
- Do you have a terminal illness like cancer?
- Do you have HIV or AIDS?
These are just examples of underwriting questions asked my most insurance companies.
By answering “yes” to smoking, you can still qualify for simplified issue life insurance, but you will pay more premiums.
If you answer “no” to questions 2-4, you can expect to get a policy. But if you answered “yes” to any of the questions from 2-4, your application will be denied, and guaranteed issue life insurance will be your best option.
Guaranteed Issue Life Insurance
With guaranteed issue life insurance, it doesn’t matter how mild or severe your cirrhosis of the liver is because you will be covered with no health questions asked!
The insurance carriers do not require a medical exam, medical record, prescription history or phone interview. The insurance company guarantees to issue a policy to anybody who applies regardless of their medical condition. People with other liver diseases like Hepatitis or fatty liver will qualify for coverage.
People with liver cirrhosis can easily get a guaranteed issue life insurance policy.
The minimum age requirement is 50, but some carriers provide coverage to people as young as 40 or 45. If you are a U.S. citizen and live in the state where this policy is sold and fall within the required age requirement, you will be eligible for this policy.
Guaranteed issue policies are usually graded during the first two years for the natural cause of death. Every company will impose a two-year waiting period.
No insurance company that offers this policy type pays out death benefits for the first two years (unless you die from an accident).
If you pass away from illness as a consequence of liver cirrhosis, the insurance carrier will pay your beneficiary all the premiums you spent on the policy plus interest which is typically 10%.
After the two-year waiting period, the policy will pay full death benefit for death for any reason. One of the best features of this type of policy is it will pay 100% death benefit from day one if you die from an accident even during the waiting period.
Investing in a guaranteed issue policy when you have been diagnosed with liver cirrhosis leads to many benefits.
These are some of them:
- Easy to qualify – Applying for guaranteed issue policy is straightforward. There are no health questions or medical exam required. Your application will be approved if you meet the age requirements and the policy is available in your state.
- The death benefit is fixed – Your death benefit will never decrease because of advancing age or health condition. Your beneficiaries will receive the full amount of your policy when you pass away.
- Level premium – Your monthly premium will never increase. Your monthly insurance bill will remain the same throughout the life of your policy.
- Tax-free – Your beneficiary will receive the full death benefit tax-free when you pass away.
- Not cancellable – Your policy cannot be canceled by the insurance company as long as you pay your premiums on time.
- Builds cash value – Guaranteed issue policy has a cash value component that accumulates over time.
- You can choose a minimal amount of coverage – You can buy coverage as low as $2,000 to a maximum of $50,000.
The most significant benefit of a guaranteed issue plan with a cirrhosis diagnosis is that the insurance company will not ask any health questions to approve you.
There are not many options for burial insurance coverage when you have cirrhosis of the liver. Therefore, the sooner you start your coverage with a guaranteed issue life insurance plan, the sooner you get to work on passing the two-year waiting period.
Simplified issue and guaranteed issue life insurance don’t require a medical exam to qualify. These policy options can be hard to find on your own.
With the help of a high-risk burial insurance specialist like Funeral Funds, you can find carriers that take people with cirrhosis. You can save time and frustration throughout the whole insurance application process.
UNDERWRITING BURIAL INSURANCE WITH CIRRHOSIS OF THE LIVER
The life insurance company is only interested in knowing if you have liver cirrhosis, or not.
They will check the state of your health by asking health questions on the application. They will also conduct a script check to see the list of medications you are taking. If you are taking medications for cirrhosis, it won’t make any difference because liver cirrhosis drugs are not a red-flag to most insurance companies.
Most liver cirrhosis meds are also used for high blood and other health conditions. This is the reason why insurers are lenient when it comes to prescription drugs. They can’t determine your liver condition just by looking at your medication history.
The insurance companies offering immediate coverage will ask about liver cirrhosis.
It is often asked this way:
- Have you been diagnosed or receiving cirrhosis treatment?
- In the previous 2 years, do you received diagnosis or treatment for liver cirrhosis?
In some cases, you will not see the word “liver cirrhosis” on the health questionnaire. They will refer to it this way:
- Do you have a diagnosis or treatment for any liver condition?
You need to honestly answer “yes” to that health question because cirrhosis is a liver disease.
Every insurer with underwriting will ask about transplants in their health questionnaire.
You will see the question asked this way:
- Do you have an organ or bone marrow transplant? Are you advised to get one?
Having a liver transplant or been advised to get one cause every burial insurance company not to offer you immediate coverage. Your only option is a guaranteed issue policy. You will need to wait at least 2 years before you will be fully covered.
BURIAL INSURANCE COVERAGE OPTIONS WITH CIRRHOSIS
What will the insurance companies offer me if I have cirrhosis of the liver?
It is important to remember that the insurance company will consider your other health issues before giving you an offer. You will also be charged higher premiums compared to applicants who don’t have liver cirrhosis.
Some insurers will still offer first-day coverage but you will have to pay more because of it.
This is an excellent offer because you don’t have to endure a two-year waiting period. We work with companies offering immediate coverage, and we will get you covered.
Sometimes insurers offer partial protection because of advanced cirrhosis. Partial protection is also called a graded coverage plan.
If you die in the first year – the insurance company will pay 30-40% of the face amount.
If you die in the second year – the company will pay 70% of the death benefit to your beneficiaries.
Many companies offer a graded policy to cirrhosis patients. This is your next best option if you don’t qualify for immediate coverage.
Some people will be offered higher premiums, and there will be a two-year waiting period.
Sometimes you will be offered a modified plan. This plan has a higher premium with a two-year waiting period. Avoid a modified insurance plan at all costs because getting a guaranteed issue policy would be better. It has the same waiting period but with cheaper premium.
FINDING AFFORDABLE BURIAL INSURANCE WITH CIRRHOSIS OF THE LIVER
To find affordable burial insurance with cirrhosis of the liver, it is vital to work with an independent insurance agency like Funeral Funds that work with many insurance companies. We can get prices from different insurance carriers to get you the best-priced plan.
Our services are free. The insurance company pays us, so there is no charge on your part for our services. We will check your health condition to know which carrier is best for your needs. We will shop your case to different companies to get the best deal.
HOW CAN FUNERAL FUNDS HELP YOU?
Trying to find a policy with cirrhosis 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 history of cirrhosis, 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 lowest premium.
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 cirrhosis 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.