Burial Insurance for Diabetes or Diabetic Complications

burial insurance for diabetes and diabetic complications

Buying burial insurance with diabetes or diabetic complications is an easy way to pay for a funeral, burial, and final expenses. Dozens of insurance companies will offer an affordable plan to meet your needs, regardless of what type of diabetes you have, even if you have diabetic complications.

The good news is if you have Type 1, Type 2, or gestational diabetes, you will qualify for affordable life insurance coverage. Even if you have diabetic complications such as neuropathy, nephropathy, retinopathy, insulin shock, diabetic coma, and diabetic amputation, you’ll have different options to choose from.

In this article, we will give you all the information you need to find the right insurance plan based on your needs and budget. We will help you through the whole application process and get you the best-priced burial insurance to protect your loved ones.


FOR EASIER NAVIGATION:


CAN I GET BURIAL INSURANCE IF I HAVE DIABETES OR DIABETIC COMPLICATIONS?

YES. Absolutely!

You can get burial insurance coverage if you have diabetes or diabetic complications. The type of plan and the cost of your coverage will depend on how well controlled your condition is and how long you have had any diabetic complications.

If you are between 50 and 85 and looking to get life insurance with diabetes, here’s some good news for you. The older you are when you have a diabetes diagnosis, the better life insurance premium you can qualify for.

People diagnosed with diabetes later in life have better options because they have not been forced to deal with high blood sugar for a long time. Therefore, they are less likely to experience the complications associated with elevated blood sugar levels.

Diabetic complications include neuropathy, nephropathy, retinopathy, cardiovascular disease, diabetic coma, and diabetic amputation.

People who were diagnosed at a later age, have Type 2 diabetes and were able to control their condition with diet and exercise have the best chance of qualifying for the best life insurance and the lowest rates.

If you have any diabetic complications or if you are insulin-dependent to control your condition, you can still get life insurance, but you have more limited insurance options.


WHAT IS MY BEST INSURANCE OPTION IF I HAVE DIABETES OR DIABETIC COMPLICATIONS?

NEUROPATHY (Nerve/Circulatory Issues due to diabetes)

If you’re looking for burial insurance with diabetes and have a diabetic complication like diabetic neuropathy, you have better options.

Best Option: Level Death Benefit


Some insurance companies will offer you a level benefit with first-day coverage. This is the best burial insurance option if you have neuropathy as a complication of diabetes.

If you have diabetic neuropathy, we will do our best to get you the most diabetic-friendly company that will look at your health favorably.


NEPHROPATHY (Kidney issues due to diabetes)

Poorly managed diabetes will often lead to nephropathy. This condition is progressive and continues to get worse over time. Once you reach the advanced stage, you will need dialysis to remove your blood waste products.

Some burial insurance companies will consider you a higher risk applicant if you have nephropathy.

Burial insurance companies will always ask if you are undergoing dialysis. Kidney disease, as a result of uncontrolled diabetes, will only qualify for guaranteed issue burial insurance.

Best Option: Guaranteed Issue Burial Insurance


RETINOPATHY (Eye issues due to diabetes)

Retinopathy is a diabetic complication that usually affects both eyes. This condition is caused by damage to the retina’s blood vessels at the back of the eyes. Retinopathy can cause blindness if untreated.

You will qualify for a level benefit plan if you only have mild vision problems because of diabetes.

Best Option: Level Benefit Plan


ACTIVITIES OF DAILY LIVING (due to diabetes)

Suppose you become blind as a result of uncontrolled diabetes. In that case, the life insurance companies will ask if you need help with activities of daily living such as eating, bathing, dressing, toileting, transferring, or continence. If you can’t perform any of these activities of daily living, then your best option is a guaranteed issue burial insurance.

Every life insurance company with health questions will ask if you need help with ADL on their knockout section. If you can perform these activities independently, then your retinopathy will have little to no effect on your burial insurance eligibility.

Best Option: Guaranteed Issue Burial Insurance


INSULIN SHOCK

If you had insulin shock in the past, your insurance approval depends on the time that elapsed since your insulin shock episode. When insurance companies ask about insulin shock, they generally put a period. If your insulin shock occurred more than two years ago, you will qualify for the best option.

If you had insulin shock in the last two years, most insurance companies would offer you guaranteed issue burial insurance.

Best Option: Level Death Benefit


DIABETIC COMA

The time that elapses since your diabetic coma will dictate what type of plan you will qualify for. If your diabetic coma occurred more than two years ago, you would qualify for the best plan.

Any insurance company that asks about a recent diabetic coma that occurred within the last two years will decline you for first-day coverage. They will never take a risk with your condition. That’s why the only plan you will qualify for is a plan with a waiting period.

Best Option: Level Death Benefit


DIABETIC AMPUTATION

If you have a diabetic amputation, the insurance companies would like to know if you can perform daily living activities on your own. If you can perform activities of daily living on your own, then your diabetic amputation will have little to no effect on your ability to qualify for burial insurance.

If you need help with daily living activities, then your best option is a guaranteed acceptance life insurance. Most burial insurance companies will decline anyone who needs help with ADL for first-day coverage.

Best Option: Level Death Benefit


BURIAL INSURANCE WITH DIABETES OR DIABETIC COMPLICATIONS

Life insurance with first-day coverage is the best option for people with diabetes. Our best level benefit plans come with first-day coverage and no waiting period (and you’ll get the lowest pricing!). You will be fully covered from day one, and your beneficiary will receive the full death benefit when you pass away.

COVERAGE AVAILABLERECOMMENDEDWILL YOU QUALIFY
1st Day Coverage
YesYes...do this one!
1-Year Waiting PeriodNoDon't do this!
2-Year Waiting PeriodNoDon't do this!

LEVEL BENEFIT PLAN:

Here are the benefits of first-day coverage life insurance:

FUNERAL FUNDS INSURANCE BENEFITS 
Rates Never IncreaseYes
Coverage Never DecreasesYes
No Medical ExamYes
Same Day ApprovalYes
Death Claims Pay FastYes
Builds cash valueYes
Coverage Up To Age 121 Yes

GRADED DEATH BENEFIT PLAN

The graded benefit plan is your next best option if you can’t qualify for a first-day level benefit plan because of your diabetic complications. The graded benefit plan provides partial coverage for the first two years of the policy.

A graded plan pays 30-40% of the death benefit if you die during the policy’s first year. They will pay 70-80% during the second year. Your beneficiary will only receive the 100% payout if you die in the third year.


GUARANTEED ISSUE BURIAL INSURANCE (Two-year waiting period)

Guaranteed issue burial insurance is your best option if you have uncontrolled diabetes and your diabetic complications prevent you from qualifying for level benefit with first-day coverage.

Your approval is guaranteed regardless of your medical condition. The guaranteed issue policy doesn’t require a medical exam, and it doesn’t ask any health questions on the application. You can qualify for coverage even if you have any severe medical conditions.

The type of plan you will qualify, and your coverage cost will largely depend on how controlled your diabetes is and how long you have had any diabetic complications. The older you were when you had a diabetes diagnosis, the better life insurance option you will get.

People diagnosed with diabetes later in life qualifies for the best plan because they have not been forced to deal with diabetes for a long time. Therefore, they are less likely to experience diabetic complications.


WHAT TYPES OF INSURANCE POLICIES 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

The key to finding the best burial insurance for diabetics is to find a company that will look at your diabetes favorably. Several companies are diabetic-friendly, and it’s our job to match you with one.


IF I HAVE DIABETES, DO I NEED TO TAKE A MEDICAL EXAM TO QUALIFY?

No. Burial insurance with diabetes does not require you to take a medical examination to qualify for coverage. You won’t need to submit blood and urine samples as part of the application process. You only need to answer a simple health questionnaire to qualify for coverage.

You can qualify for no medical exam insurance if you are:

  • Type 1 diabetic
  • Type 2 diabetic
  • Taking oral medication for diabetes
  • Taking insulin for Type 1 diabetes

Want some great news? Even if you have diabetic complications such as:

You will still be able to qualify for burial insurance with diabetes.

FUNERAL FUNDS PLANFEATURES
1st Day CoverageYES
Lifetime CoverageYES
Rates NEVER IncreaseYES
Coverage NEVER DecreasesYES
Easy To Get ApprovedYES


WHY DO INSURANCE COMPANIES CARE IF YOU HAVE DIABETES OR DIABETIC COMPLICATIONS?

A diabetes diagnosis means your body doesn’t produce insulin or it uses the insulin inefficiently, causing high sugar levels in your blood. If uncontrolled, diabetes can cause damage to your nerves and blood vessels, and eventually result in heart disease or stroke.

According to the American Diabetes Association (ADA), there are more than 30 million Americans with diabetes. 95% of that has type 2 diabetes. It is also estimated that almost 84 million people have pre-diabetes.

Three types of Diabetes:

1. Type 1 Diabetes – it is also called juvenile diabetes or insulin-dependent diabetes. Type 1 diabetics have a pancreas that doesn’t produce any insulin at all. They need to have insulin administered through a syringe or insulin pump.

It’s possible to qualify for life insurance as a type 1 diabetic, but your condition must be well-controlled. Type 1 diabetic application is evaluated differently by life insurance companies, and options are more limited in some cases

2. Type 2 Diabetes – this type is the most common diabetes. 90% of people diagnosed with diabetes have this type.

Type 2 diabetics can still produce insulin, but it is resistant to lowering sugar levels, or they can still produce insulin but not enough to meet their needs.

Type 2 diabetes is also called adult-onset diabetes. People with this type of diabetes can be quickly approved for insurance coverage as they present a lower risk to insurance companies. As long as the diabetes is controlled through medication and lifestyle changes, and there are no diabetic complications, type 2 diabetics can get the lowest rates and premiums.

3. Gestational diabetes – this type of diabetes occurs in pregnant women who don’t have diabetic symptoms until pregnancy. During pregnancy, hormonal changes happen to make women less responsive to insulin resulting in high glucose level.

Gestational diabetes is usually a temporary situation where pregnant women have glucose intolerance during pregnancy. Most insurance companies are not overly concerned about gestation diabetes. It only causes concern if the situation continues after pregnancy and becomes type 2 diabetes.

Diabetes is a major risk factor for cardiovascular diseases such as heart disease, stroke, and coronary artery disease. The uncontrolled glucose level in the blood can affect every organ in the body, including kidneys, heart, and eyes.

Diabetics are two to four times more likely to die of stroke and heart disease than those without diabetes. This is the reason why insurance companies consider diabetes applicants as high risk.


WHAT ARE DIABETIC COMPLICATIONS THAT INSURANCE COMPANIES CARE ABOUT?

NEPHROPATHY

IgA nephropathy or Berger’s disease makes the kidney inflamed, decreasing its natural ability to filter waste products from the blood, which can lead to total kidney failure.

Nephropathy can’t be reversed once the damage occurred. This condition is progressive and continues to get worse over time. Once it reached the advanced stage, you will need dialysis to remove the waste products from the blood.

Due to the way, nephropathy can affect the body; this condition can play a part in how you can get approved for life insurance coverage. The date of your diagnosis will affect your premium and whether or not you will have a waiting period.

If your nephropathy diagnosis is very recent (less than a year), you will need to pay more premium compared to a person without diabetes.

In most cases, you cannot avoid a short waiting period, although we know some insurance companies that offer partial coverage from day one.

NEUROPATHY

Diabetic neuropathy is a severe complication of diabetes that damages the nerves. It starts a tingling sensation in the hands, legs, or feet. It can also cause numbness and pain in the feet or legs.

The insurance companies know that severe neuropathy can damage nerves and affect internal organs, including the heart, bladder, stomach, bowels, and other parts of the body.

RETINOPATHY

Retinopathy or eye damage happens when diabetes damages the blood vessels of the retina. This condition can lead to blindness.

Diabetic retinopathy can also increase the risk of severe vision conditions, such as glaucoma and cataracts. Type 2 diabetics should have eye examinations once they are diagnosed with this condition.

Retinopathy or eye damage caused by diabetes affects insurance eligibility because people with eye damage are prone to accidents.

DIABETIC AMPUTATION

Poor blood flow or nerve damage in the feet increases the risk of different foot complications. If left untreated, blisters and cuts can develop serious infections that can heal poorly. These infections may ultimately need toe, foot, or leg amputation.

Diabetic neuropathy increases the risk of diabetic amputation.

More than half of all amputations each year are due to diabetic complications. Most amputations are performed on the lower part of the body, such as a toe or foot amputation. The insurance companies know that foot ulcers make up 85% of major diabetic amputations.

You can find the question about diabetic amputation in the knock-out section of the application. Insurance companies typically offer a graded benefit plan to those with diabetic amputation.

CARDIOVASCULAR DISEASE

Diabetes increases the risk of cardiovascular problems, including angina (chest pain), heart attack, coronary artery disease, stroke, and narrowing of arteries.

If you have diabetes, you are more than likely to develop heart disease or stroke.

If you have diabetes, you can manage your condition through weight loss, regular exercise, and stress management, as well as keeping your cholesterol, blood pressure, and triglycerides at normal levels.

Applicants recently diagnosed with cardiovascular disease will have to pay more and have a waiting period.


HOW MUCH INSURANCE DO I NEED?

After knowing you can qualify for burial insurance with diabetes. Let’s determine how much insurance coverage you need.

The amount of burial insurance you need to buy varies upon your personal need and financial circumstances. The amount you should buy must primarily cover the cost of your final expenses.

The first step in determining your insurance needs is to know your final expenses. Your funeral and burial costs are often the biggest final expense your family will pay. Other costs to consider are your outstanding medical bills, credit card bills, and other debts.

Let’s look at the average cost of funeral and burial expenses 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

If you want to be buried when you pass away, you can use this table to estimate your burial cost. If you want to be cremated, use the table below to compute your cremation costs.

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

Request a general price list from your nearest funeral home to get an accurate price for each burial or cremation service you need. You can also search online to estimate how much you need for your burial or cremation needs.

Follow these steps to calculate how much burial insurance you need:

1. Calculate your burial or cremation costs.

2. Compute your other end-of-life expenses (outstanding debts, medical bills, credit card bills, living expenses, legal costs, and other past due accounts)

3. Don’t forget to factor in the inflation in your computation. The average inflation rate is 2%. The average final expense is $10,000, so it’s wise to buy at least $15,000 coverage to cover inflation.


HOW SHOULD I PAY MY INSURANCE PREMIUMS?

You can pay your premiums in different ways.

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

Among these methods, savings or checking accounts is the best. 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 need not worry about your policy lapsing due to non-payment.

You can also choose your payment frequency. We recommend you pay your premium monthly. The monthly payment is easier on the budget.


DIABETES AND BURIAL INSURANCE POLICY RIDERS

Policy riders give additional benefits to your policy. Adding policy riders can enhance your policy and fit your specific needs. Some riders are built into the policy, while others can be added with additional cost. Most policy riders are affordable and involve 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

Terminal Illness Rider

The terminal illness rider allows you to access a part of your death benefit if you are diagnosed with a terminal illness. A doctor must certify that you have six months to one year to live to able to access this rider.

Nursing Home Rider

The nursing home rider is a living benefit that lets you access a portion of your death benefit to pay for nursing home care expenses. To access this rider, a medical professional must certify that you can’t perform at least two activities of daily living (eating, bathing, toileting, dressing, transferring, or continence), and you need to be confined to a nursing home.

Accidental Death Rider

Accidental death rider is generally included in all plans. This rider increases your death benefit payout if you die from an accident.


WHAT WILL WE NEED TO KNOW IF YOU HAVE DIABETES

When applying for burial insurance for diabetes or diabetic complications, we will need to know more about your condition to determine the severity of your diabetes.

  1. Which type of diabetes do you have (Type 1 or Type 2)?
  2. When were you initially diagnosed with diabetes?
  3. Were you diagnosed with diabetes before age 50?
  4. What prescription medications are you taking to control your condition?
  5. Have you ever gone into insulin shock?
  6. Have you experienced a diabetic coma?
  7. Do you have retinopathy or eye issues due to diabetes?
  8. Do you have diabetic neuropathy or nerve issues due to diabetes?
  9. Do you have nephropathy or kidney issues due to diabetes?
  10. Are you being treated for diminished kidney functions, including medications, dialysis, or kidney transplant?

This information will help us understand your condition and help us to provide you with an accurate quote. Our goal is to get you a burial insurance policy with the best benefits and pricing.


HOW TO GET THE BEST INSURANCE RATES IF YOU HAVE DIABETES OR DIABETIC COMPLICATIONS?

Affordable burial insurance with diabetes or diabetic complications like neuropathy, nephropathy, retinopathy, insulin shock, and diabetic amputation are available.

Many top-rated life insurance companies offer coverage to people with diabetes or diabetic complications. While not every company treats diabetic the same way, we know the companies that are diabetic friendly. We will match you with one that will give your first-day coverage.

To get the best burial insurance with diabetes or diabetic complications at the best rate, you need to work with an independent life insurance agency like Funeral Funds. We will shop the market to get you the best diabetic-friendly company that offers the best rate.


HOW CAN FUNERAL FUNDS HELP ME?

Trying to find a policy if you have diabetes or diabetic complications 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 diabetes, 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 diabetes or diabetic complications funeral insurance, or diabetes or diabetic complications burial insurance, or diabetes and diabetic complication 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.

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