Purchasing burial insurance with a disability is not out of reach. The American Disabilities Act prevents anyone from denying coverage to anyone because of their disability.
Most insurance companies handle the application on a case to case basis. Even if your application was denied in the past, there are still some options open for you to get life insurance coverage.
If you are currently receiving SSDI or have officially applied for disability within the past 12 months, you can still get affordable burial insurance from many different companies.
If you’re applying for life insurance, it is essential to find an independent life insurance agency like Funeral Funds that can compare quotes from multiple insurance companies to find the best rates. We will help you identify which company will give you the best coverage.
Keep reading to learn more about what options are open for you if you have a disability and how to get the best plan at the lowest price.
FOR EASIER NAVIGATION:
CAN I BUY LIFE INSURANCE IF I AM ON DISABILITY?
Sometimes we receive phone calls asking “Can I buy burial life insurance if I’m on disability” or “Can I buy funeral life insurance for someone with a disability?”
Absolutely! Final expense life insurance is available for people with disabilities.
The truth is a disability is a non-issue with most burial insurance companies, and you will hardly see them ask about it in their health questionnaire.
These carriers don’t care if you are on disability and your rates are the same as someone who has no disability.
And here’s something cool.
Burial insurance companies will not even require you to take a medical exam to qualify. The only thing that you need to do is answer a few questions about your health.
There is even a burial insurance plan that doesn’t even ask any health questions!
If you are a disabled person or you are looking to get funeral insurance for someone who is disabled you can get affordable burial insurance from many burial companies.
If have a disability and looking to get covered, we can help you find the most affordable burial insurance with a disability available. We will match you with the most disability-friendly life insurance company offering the best rates.
PURCHASING BURIAL INSURANCE WITH DISABILITY
The Disabilities Act of 1990 gives legal protection and prevents life insurance companies from denying coverage to people with disabilities. However, insurance carriers may charge a higher premium if the disability can adversely affect the lifespan of the applicants.
Severely disabled people may find it a little harder to get covered, but we can help make it easy for you. Approval primarily depends on the cause of disability. Disability can be caused by a physical injury, illness or mental condition.
To be clear, A disability will not prevent you from getting approved for burial or funeral life insurance.
However, insurance companies also consider other factors such as smoking, drug abuse, bad treatment compliance, and severe medical conditions. If you have one or more health conditions on top of your disability, it may cause you to pay more or be declined for coverage.
How do people with Social Security Disability Insurance (SSDI) get burial insurance?
Most traditional life insurance carriers will flat out decline any applicant for coverage if they are currently receiving disability benefits.
Burial insurance is different than traditional life insurance in the are. We work with companies that will approve people with a disability if the cause of the disability is not life-threatening and you have so other urgent medical issues.
VA Disability and Burial Insurance
If you’re a disabled veteran that doesn’t collect SSDI, the approval process is often easier for burial insurance. Many veterans that collect VA disability benefits still work or own a business. Most of the time they would pay the same premium as people who are not on disability.
Being on disability is a non-issue
None of the burial insurance companies care if you are receiving SSDI. Only a few companies will ask if you are working, retired or disabled.
Being on disability is a non-issue with the most burial insurance companies.
WHY INSURANCE COMPANIES CARE IF YOU ARE ON DISABILITY
Insurance companies care if you are on disability because some disabilities affect life expectancy. For this reason, people who are on disability are considered higher risk because of some health complications or sudden death.
Some of the factors that reduce the chance of getting approved for burial life insurance include mental disorders such as PTSD Bipolar, or physical illness like arthritis. It may be difficult to get accepted due to the severity of your disability and other health impairments.
Every insurance company has their own unique underwriting (health fact-checking) guidelines.
The good news is that many disabilities do not reduce life expectancy as long as there are no other risk factors for dying such as high blood pressure or obesity. This is the reason why disabled applicants who are relatively healthy can easily qualify for burial insurance with no 2-year waiting period.
Even if your condition is severe or life-threatening, it’s still possible to get life insurance but expects to pay a little bit more money for your policy.
The insurance companies typically charge more for people with disability. As long as they keep the prices high, they will make more money by accepting disabled applicants. They are happy to make money, so they hardly deny coverage due to a disability.
WHAT OUR AGENT WILL ASK YOU IF YOU ARE ON DISABILITY
Before you apply for burial insurance, it’s essential that you understand all of the questions the life insurance underwriter is going to ask if you have a disability.
It’s important, to be honest when answering all questions on your request for coverage. The more information you provide to us about your health and disability, the better we will be able to match you with a disability-friendly company.
Here are some of the questions we will ask you to determine the best plan at the best value:
- What is the reason you qualify for disability benefits?
- How long have you been disabled?
- How long do you anticipate receiving disability benefits?
- Do you have other health issues?
- What symptoms are you currently suffering as a result of your disability?
- Do you have any form of paralysis?
- Are you currently confined to a wheelchair?
- Do you have amputations?
- Do you need help in performing activities of daily living such as eating, bathing, transferring and continence?
- Are you currently working now?
It’s important to answer all of these questions honestly. The only reason we ask these questions is to help determine which burial insurance carrier would be the best fit for your needs and will offer the lowest price.
We will use the information you provide to determine which company will be the best fit for you. Our knowledge of the underwriting guidelines of each carrier enables us to find the best burial insurance plan for your needs.
DISABILITY LIFE INSURANCE UNDERWRITING
Underwriting (medical and health fact-checking) is the process made by life insurance companies to gauge your level of risk. They basically want to see your overall health. If your disability does not increase the likelihood of you passing away early, they will accept you and offer you the best pricing.
For example, you lost a leg but you have been fitted with a prosthetic, and you can now walk and fully functional, they will approve your application regardless of your disability.
On the other hand, if diabetic amputation is the cause of your disability, you may find it a little difficult to get a level death benefit and you will have a short waiting period for full coverage.
The insurance companies will assess each applicant individually. If you have a minor form of disability and you are generally healthy, you may be able to qualify for a level death benefit.
How the life insurance companies will view your disability will all come down to your overall health.
To get the lowest rates and level death benefit that protects you immediately from day one, you need to apply for burial insurance that has underwriting (asks a few health questions).
FACTORS THAT IMPACT FUNERAL AND BURIAL LIFE INSURANCE COVERAGE
The cause of your disability impacts life insurance coverage because every disability is different.
Some disabilities could be caused by illness while others could be caused by birth defects. Others are a result of accidents or injuries. Some disabilities are debilitating and may affect life expectancy.
While some disabilities have minimal impact on the disabled’s life (such as some daily inconveniences), some people may need assistance with activities of daily living.
Disabled individuals with health complications may find the chances of being rejected for coverage increases if there are severe complications that may decrease lifespan.
Burial insurance carriers will evaluate each applicant’s overall health.
The insurance companies will look into the specific reason for the disability. Most disabilities qualify for the best rates and no 2-year waiting period.
THE CAUSE OF YOUR DISABILITY WILL PLAY A MAJOR ROLE IN LIFE INSURANCE APPROVAL
Here are the most common causes of disability:
Chronic pain such as the knee, back or arthritis can cause disability.
If this is your case, you can qualify for the level death benefit. However, insurance carriers will look into the types of medications you use to treat your pain which may have a significant effect on your life insurance eligibility.
If you are taking a prescription medication like Tramadol, Vicodin, Percocet or Hydrocodone, some insurance companies may charge a higher premium because these drugs have the potential for abuse.
There may also be some long-term side effects from taking these drugs. The company is not only concerned with you receiving disability benefits but also for potential medication side effects.
If you are taking narcotic drugs, the insurance companies will want to see that you have no history of substance abuse. Anti-inflammatory and non-narcotic over the counter pain medications have less severe side effects which will make it easier to qualify for a level death benefit.
Chronic pain is absolutely a non-issue with every burial insurance company. It will only pose a problem if your chronic pain caused you to need home health care or if you need help with activities of daily living.
Heart disease includes many different heart conditions such as heart attack, atrial fibrillation, arrhythmias even hypertension.
Some heart disease like congestive heart failure may make applying for life insurance a challenge, but we know some life insurance carriers that will accept this condition.
Majority of heart diseases are a non-issue with most burial insurance companies. If you have heart disease, we can get you an affordable burial insurance plan.
MENTAL HEALTH CONDITIONS
Many people with a disability suffer from a different mental health condition such as anxiety, depression, schizophrenia, bipolar disorder or post-traumatic stress disorder.
If you have mental health issues coupled with disability many burial life insurance companies will accept your application, but you need to be prepared for higher premiums and a waiting period.
Cancer can cause a disability. Whatever type of cancer you have, and when you had it, you still qualify for a burial life insurance plan.
Most cancers that occurred longer than 2 years are a non-issue with most insurance companies.
If your cancer occurred within the last 2 years, you will only pay a little more for your policy and have a short waiting period.
Diabetes can cause disability, but most burial insurance companies will readily accept you with diabetes.
Even if you have diabetic complications like nephropathy, neuropathy or retinopathy, it will may not even affect your application. You may still be able to get a level death benefit and immediate coverage with your diabetes.
POLICY OPTIONS IF YOU HAVE A DISABILITY
There are two types of burial insurance available for people on disability.
LEVEL DEATH BENEFIT
If your disability does not decrease your life expectancy, you will easily qualify for a level death benefit final expense insurance. This is the best whole life insurance for disabled.
Level death benefit has simplified underwriting. You will not take a medical exam but only answer some health questions.
Your answer to the health questions will determine your eligibility and your premium. The best feature of the level death benefit is full coverage from day one. This is a senior life insurance no waiting period.
You will be fully covered immediately and your beneficiary will receive 100% of the death benefit when you pass away for any reason.
GUARANTEED ISSUE BURIAL INSURANCE
If you have a severe medical condition that causes your disability, your only option for coverage may be a guaranteed acceptance burial insurance.
You will qualify for this plan regardless of your disability. You don’t need to answer any health questions or take a medical exam to qualify for coverage. A guaranteed issue policy does even ask how mild or severe your disability is because you will be covered with no health questions.
While it cost a bit more than the level death benefit, you will never worry that your application will be denied due to your medical condition.
People with disabilities can easily get a guaranteed issue burial insurance policy. The age requirements are ages 50-85. If you’re a U.S. citizen, you are between the ages 50 and 85, and you live in the state where the policy is available, you will qualify for this type of policy.
There is a two-year waiting period in which the policy will only pay a full death benefit if you die from an accident.
If you die from illness as a result of your other medical condition, the insurance company will pay your beneficiary all premiums you paid plus 10% interest.
After the two-year waiting period, your policy will pay 100% of the death benefit if you die for any reason.
WHAT’S THE BEST WAY TO GET AFFORDABLE BURIAL INSURANCE WITH DISABILITY?
To get the best rates on final expense life insurance no exam, you cant’ have any other health issues that may prevent you from qualifying for a level death benefit.
If you have a severe health condition, your rates may be a bit higher, and you may have a short waiting period.
To find the best policy with the lowest rate, you should work with an independent life insurance company like Funeral Funds. We can help you find the best carrier, even if you are considered a higher risk applicant.
We represent multiple final expense insurance companies, and we can help you find the lowest priced policy that you deserve.
We will shop for you to find the best-priced plan.
HOW CAN FUNERAL FUNDS HELP ME?
Trying to find a policy with a disability 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 disability, 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 help you obtain the policy you need at a rate you can afford. So, if you are looking for disability funeral insurance, or disability burial insurance, or disability life insurance, 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.