Burial Insurance for Diabetes With Diabetic Complications (2024 Update)
last updated on August 12, 2024Got diabetes or diabetic complications? No worries! Getting burial insurance is a breeze, and it’s the perfect way to handle funeral, burial, and final expenses without breaking a sweat.
Loads of insurance companies are lined up, eager to give you a sweet deal, no matter what type of diabetes you’ve got – even if you come with a diabetic complications package.
This article is your ultimate cheat sheet for finding the right insurance plan that fits your needs and budget. So, grab a snack, kick back, and let’s find you a plan that won’t give you a sugar rush.
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What Are The Different Diabetic Complications?
Alright, let’s get real about diabetic complications. When diabetes isn’t kept in check, it can wreak havoc on your body, targeting nerves and blood vessels like it’s on a mission. Here’s the lowdown on the most common complications you need to watch out for:
Heart Disease and Stroke: Diabetes loves to mess with your heart and arteries. High blood sugar can clog them up with plaque, leading to heart attacks, strokes, and a bunch of other cardiovascular drama.
Kidney Disease (Diabetic Nephropathy): Your kidneys aren’t safe either. High blood sugar can damage those tiny blood vessels in your kidneys, making it tough for them to filter waste. This can snowball into kidney failure.
Nerve Damage (Diabetic Neuropathy): Nerves are another favorite target. High blood sugar can cause pain, numbness, and weakness in your feet, hands, legs, and arms. It can also lead to digestive issues, bladder control problems, and even mess with your sex life.
Eye Problems (Diabetic Retinopathy): Your vision isn’t spared. Diabetes can damage the blood vessels in your eyes, causing blurry vision, bleeding, and even blindness. Diabetic retinopathy is no joke.
Foot Problems: If you think your feet are safe, think again. Diabetes can damage the nerves and blood vessels there, making it hard to feel injuries. This can lead to ulcers, infections, and sometimes even amputation.
Diabetic Coma: This is the big one, folks. Diabetic coma can hit when blood sugar levels skyrocket (hyperglycemia) or if diabetic ketoacidosis (DKA) kicks in. DKA is mainly a type 1 diabetes issue but can pop up in type 2 as well, when your body can’t handle insulin properly, causing a buildup of acidic ketones in the blood.
Insulin Shock (Hypoglycemia): The flip side of diabetic coma is insulin shock when your blood sugar plummets (below 70 mg/dL). This can happen if you take too much insulin, skip meals, or exercise like crazy without adjusting your insulin intake.
Insurance companies aren’t blind to these risks. They know diabetic complications can cut life short and rack up healthcare costs, which means higher premiums for those with these conditions.
The severity and type of complication will influence the rates – well-managed diabetes with fewer complications might see smaller increases compared to poorly controlled diabetes with multiple issues.
Can I Get Burial Insurance If I Have Diabetes With Diabetic Complications?
Absolutely! You can even snag a first-day coverage plan, whether you’re popping pills or taking injections to keep your diabetes in check.
Burial Insurance Available For Diabetics
| INSURANCE COMPANY | COVERAGE |
|---|---|
| CICA Life – Superior Choice | 1st-Day Coverage |
| Colonial Penn – Guaranteed Issue | 2-Year Wait |
| Gerber Life – Guaranteed Issue | 2-Year Wait |
| Lincoln Heritage – Modified | 2-Year Wait |
| Mutual Of Omaha – Guaranteed Issue | 2-Year Wait |
First-Day Coverage – No medical exam needed! Just answer a few health questions and boom, you’re covered from day one. No waiting around, just instant coverage. How fabulous is that?
Modified Coverage – You’re covered from day one, but your benefits ramp up gradually over time.
Guaranteed Issue – This policy does not require a medical exam or health questions, and it offers straightforward coverage. It is perfect for those with serious health issues who can’t get traditional life insurance.
But hold up, there’s a catch: guaranteed issue whole life insurance has a two-year waiting period and higher premiums than first-day coverage. If you kick the bucket during this period, you won’t get the full death benefit.
Instead, you’ll get the premiums you’ve paid plus 7-10% interest, depending on the carrier. So, make sure you know what you’re signing up for!
What Is My Best Insurance Option If I Have Diabetes With Diabetic Complications?
TYPE 1 DIABETES
Got juvenile diabetes? No worries! Your best bet is a first-day coverage life insurance with certain companies. You’re covered from the get-go if you go with the right insurance company!
TYPE 2 DIABETES
With type 2 diabetes, most insurance companies will roll out the red carpet for you. First-day coverage is easily within reach!
GESTATIONAL DIABETES
Expecting and managing gestational diabetes? You’re in luck! A first-day coverage plan is all yours.
DIABETIC AMPUTATION
Got a diabetic amputation? Insurance companies will want to know if you can handle your daily activities (ADLs) on your own. If you can, you’re good to go with first-day coverage burial insurance with some companies. If you need help, guaranteed acceptance life insurance is your best friend. Most burial insurance companies won’t offer first-day coverage if you need assistance with ADLs.
DIABETIC COMA
Had a diabetic coma in the last two years? Go for 1st-day coverage. If you’ve been hospitalized repeatedly in the last 2 years or need help with ADLs, you’ll likely need to go for guaranteed acceptance life insurance.
INSULIN SHOCK
If your insulin shock happened over two years ago, you’re in the clear for first-day coverage insurance. No need to sweat it!
NEUROPATHY (Nerve/Circulatory Issues due to Diabetes)
Nerve or circulatory issues? A few insurance companies still have your back with first-day coverage insurance.
NEPHROPATHY (Kidney issues due to diabetes)
Dealing with kidney issues or dialysis due to uncontrolled diabetes? There’s burial insurance out there that’ll accept you for a first-day coverage plan, depending on what plans are available in your state.
RETINOPATHY (Eye issues due to diabetes)
Got eye issues from diabetes? First-day coverage insurance is your best option. Clear vision on coverage!
INABILITY TO PERFORM ADL’S (Activities of Daily Living)
If you need help with daily activities, every life insurance company will ask. If you can’t do them independently, guaranteed issue life insurance is your go-to.
How to Get the Best Insurance Rates
To get the best rate for burial insurance, partner with an independent agency like Funeral Funds. We’ll hunt down the most diabetic-friendly company to get you the best deal out there.
Check out these sample rates for a beautiful 60-year-old female with diabetes and diabetic complications:
| INSURANCE COMPANY | PREMIUM FOR $10,000 |
|---|---|
| CICA Life Superior Choice – 1st-Day Coverage | $47.25 |
| Colonial Penn – GI – 2-Year Wait | $49.75 5 units |
| Gerber Life – GI – 2-Year Wait | $51.06 |
| Lincoln Heritage – Modified – 2-Year Wait | $96.80 |
| Mutual Of Omaha – GI – 2-Year Wait | $42.70 |
Check out these sample rates for a burly 60-year-old male with diabetes and diabetic complications:
| INSURANCE COMPANY | PREMIUM FOR $10,000 |
|---|---|
| CICA Life – Superior Choice – 1st-Day Coverage | $53.09 |
| Colonial Penn – GI – 2-Year Wait | $59.70 6 units |
| Gerber Life – GI – 2-Year Wait | $63.89 |
| Lincoln Heritage – Modified – 2-Year Wait | $114.14 |
| Mutual Of Omaha – GI – 2-Year Wait | $56.90 |
Do I Need to Take a Medical Exam to Qualify For Burial Insurance?
No, you are not required to take a medical examination to qualify for coverage. You also won’t need to submit blood and urine samples as part of the application process. You’ll 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
- With gestational diabetes
- Taking oral medication for diabetes
- Taking insulin for Type 1 diabetes
You will still be able to qualify for burial insurance even if you have diabetic complications such as:
- Diabetic amputation
- Diabetic coma
- Insulin shock
- Nephropathy (Kidney issues due to diabetes)
- Neuropathy (Nerve/Circulatory Issues due to diabetes)
- Retinopathy (Eye issues due to diabetes)
Why Do Insurance Companies Care If You Have Diabetes With Diabetic Complications?
Well, uncontrolled diabetes can wreak havoc on your nerves and blood vessels, leading to heart disease or a stroke. Not exactly a party, right?
The American Diabetes Association (ADA) spills the tea: over 30 million Americans have diabetes, with a staggering 95% rocking type 2. And let’s not forget, nearly 84 million people are chilling in the pre-diabetes zone.
Burial Insurance Underwriting For Diabetes With Diabetic Complications
If you want first-day coverage, get ready for some health questions and a deep dive into your prescription history. These insurance companies don’t mess around!
COMMON HEALTH QUESTIONS:
- Have you been treated for or diagnosed as having insulin shock, diabetic coma, amputation caused by disease, or taken insulin shots prior to age 50?
- Have you been diagnosed with diabetes prior to age 30, or have you ever been treated for insulin shock, diabetic coma, retinopathy, or diabetic neuropathy?
- Within the past 2 years, have you had or been diagnosed with, received, or been advised to receive treatment or medication for complications of diabetes such as diabetic coma, insulin shock, retinopathy (eye), nephropathy (kidney), or neuropathy (nerve, circulatory)?
Here are some common diabetic complications questions asked on burial insurance applications:
- Amputation due to diabetic complications
- Diabetic Coma
- Insulin Shock
- Neuropathy (Nerve/Circulatory Issues due to diabetes)
- Nephropathy (Kidney issues due to diabetes)
- Retinopathy (Eye issues due to diabetes)
PRESCRIPTION MEDICATIONS:
Insurance companies are like detectives—they’ll snoop through your prescription history to get the low-down on your medical background.
Here are some common diabetic medications:
- Apidra
- Glyset
- Humalog
- Humulin
- Lantus
- Levemir
- Metformin
- Novolin
- Pramlintide
- Precose
- Ryzodeg
- Sulfonylureas
- Tresiba
- Toujeo
If you’re on any of these meds, trust me, the insurance company will totally know you’ve got a history of diabetes.
Information We Need If You Have Diabetes With Diabetic Complications
Here are some common questions we may ask to help you get 1st-day coverage with diabetes:
- Which type of diabetes do you have (Type 1 or Type 2)?
- When were you initially diagnosed with diabetes?
- What prescription medications are you taking to control your condition?
- Have you ever gone into insulin shock?
- Have you experienced a diabetic coma?
- Do you have retinopathy or eye issues due to diabetes?
- Do you have diabetic neuropathy or nerve issues due to diabetes?
- Do you have nephropathy or kidney issues due to diabetes?
- Are you being treated for diminished kidney functions, including medications, dialysis, or kidney transplant?
These questions will give us the lowdown on your condition and help us nail down the perfect quote for you.
How Can Funeral Funds Help Me?
Here at Funeral Funds, we’re the ultimate matchmaker for life insurance, especially if you’re navigating diabetes or its complications.
We specialize in connecting you with top-rated insurance companies that excel in handling high-risk clients like you. Our job is to sift through these companies to secure the best possible life insurance rates available.
Our mission? To land you the coverage you need at a price that won’t make you cringe. So, if you’re after affordable life insurance with diabetes or its complications, count on us to make it happen. Fill out our quote form or dial (888)862-9456 to get those burial insurance quotes rolling in.
Frequently Asked Questions
Can I get insurance if I have diabetes?
Heck yes! You can even snag first-day coverage insurance whether you’ve got type 1 diabetes, type 2 diabetes, or even that temporary guest, gestational diabetes.
Can diabetics get life insurance coverage?
Absolutely! Most insurers are game for covering diabetics. Some are even up for insuring you through the thick of diabetic neuropathy, retinopathy, nephropathy, insulin shock, or even a diabetic coma.
Is Type 1 diabetes considered a pre-existing condition?
You betcha! Any medical condition you had before getting insured is flagged as a pre-existing condition by life insurance companies.
Is death from Type 2 diabetes covered by life insurance?
Yes, type 2 diabetes is covered by burial or final expense insurance.
Can you be denied life insurance for diabetes?
Oh yeah, you might get a flat-out “no” for first-day coverage insurance if you’ve been making the hospital your second home, hitting it up two or more times in the last couple of years, or if your diabetes comes with a few extra complications (depending on who’s writing the policy).
Do I need to tell the insurance companies about my type 2 diabetes?
You bet! They want the scoop on all your pre-existing conditions, so don’t hold back.
Does Type 2 diabetes affect life insurance?
Not really—it doesn’t have to be a deal-breaker. You can still score coverage even if you’ve got type 2 diabetes without any complications.
