2024 Burial Insurance for Native Americans
last updated on April 3, 2024Native Americans can apply for burial insurance to pay for the funeral, burial, and other expenses associated with death. Burial insurance can provide financial support to tribal members following the death of a loved one.
Many companies offer affordable burial insurance for Native Americans. We can help you qualify for burial insurance with first-day coverage and no waiting period.
FOR EASIER NAVIGATION:
- What Is My Best Insurance Option If I am a Native American?
- What Types of Burial Insurance Should I Avoid?
- What Type of Burial Insurance Is Best?
- If I am a Native American, Do I Need A Medical Exam to Qualify for Burial Insurance?
- Burial Insurance Underwriting If You Are a Native American
- How Much Insurance Do I Need If I am a Native American?
- How Should I Pay My Premiums?
- Burial Insurance Riders for Native Americans
- Importance of Burial Insurance for Native Americans
- Intangible Benefits of Burial Insurance
- Benefits of Burial & Funeral Insurance
- Other Common Uses for Final Expense Life Insurance for Native Americans
- How Can Funeral Funds Help Me?
- Additional Questions & Answers On Burial Insurance For Native Americans
What Is My Best Insurance Option If I Am A Native American?
If you’re a native American and a part of a Federally-recognized tribe, your best option for burial insurance is a level death benefit plan with first-day coverage.
Underwriting is easy compared to traditional insurance, and you don’t have to take a medical exam to qualify.
A first-day coverage plan with level death benefits is the plan you want! Your monthly premium will never increase with a level death benefit for the policy’s life. There is also no waiting period, and your coverage will start on the day you pay your first premium.
Best option: Level Death Benefit Plan
This plan with first-day coverage has a level premium that remains the same your whole life. The level death benefit plan is a simplified issue policy with no medical exam and just health questions to answer. Your death benefit will never decrease, and your beneficiary will receive a 100% death benefit when you pass away.
What Types Of Burial Insurance Should I Avoid?
| PLANS TO AVOID | WHY? |
|---|---|
| Term life | Premiums increase after 5 years. Coverage ends after 80. |
| Pre-paid funeral plans | Expensive |
| Universal life | Tied with stocks |
| No health questions policies | With 2-year waiting period |
| Plans offering "teaser rates" | $9.95 per unit plans or $1 buys $100,000 coverage |
| Over priced plans | Insurance from TV and junk mail |
| Plans that accept mail-in payments | Risky |
| Plans that accept Direct Express | High lapse rate |
| Plans that accept Credit Cards | High lapse rate |
What Type Of Burial Insurance Is Best?
| FUNERAL FUNDS PLAN BENEFITS | INCLUDED |
|---|---|
| 1st Day Coverage | YES |
| Rates NEVER Increase | YES |
| Coverage NEVER Decreases | YES |
| Easy to get approved | YES |
| No Medical Exam | YES |
| Same Day Approval | YES |
| Death Claims Pay Fast | YES |
| Builds cash value | YES |
| Coverage Up To Age 121 | YES |
If I Am A Native American, Do I Need A Medical Exam To Qualify For Burial Insurance?
Getting burial insurance for native Americans is fairly easy. You only need to answer a few health questions. You don’t need to undergo a medical exam to qualify.
No health questions burial insurance is also offered for people with significant health problems.
Burial Insurance Underwriting If You Are A Native American
If you want first-day coverage and you want to pay the lowest rate, you should apply for a plan with basic health underwriting.
As part of the underwriting process, the insurance company will:
- Want to know your age, gender, and the state you live in.
- Ask you some health questions to determine what plans you will qualify for.
- Check your prescription medication history.
- The will allow you to get approved over the phone.
How Much Insurance Do I Need If I Am A Native American?
Here is the average cost of funeral and burial from the National Funeral Directors’ Association:
| AVERAGE FUNERAL COST WITH VIEWING AND BURIAL | |
|---|---|
| Non-declinable basic services | $2,300 |
| Removal/ transfer of remains to funeral home | $350 |
| Embalming & preparation of the body | $1,050 |
| Use of facilities for viewing & funeral ceremony | $965 |
| Hearse | $325 |
| Service car/van | $150 |
| Basic memorial printed package | $183 |
| Metal casket | $2,500 |
| Vault | $1,572 |
| Median Cost of a Funeral With Viewing and Burial | $9,420 |
| AVERAGE FUNERAL COST WITH VIEWING AND CREMATION | |
|---|---|
| Non-declinable basic services fee | $2,300 |
| Removal/ transfer of remains to funeral home | $350 |
| Embalming & preparation of the body | $1,050 |
| Use of facilities for viewing & funeral ceremony | $965 |
| Service car/van | $150 |
| Basic memorial printed package | $183 |
| Cremation fee (if firm uses a third-party crematory) | $368 |
| Cremation Casket | $1,310 |
| Urn | $295 |
| Median Cost of a Funeral with Viewing and Cremation | $6,970 |
| Rental Casket | $995 |
| Alternate Cremation Container | $150 |
You should also consider other costs such as medical bills or any outstanding debts you want your burial insurance to cover.
If you want to leave gifts for your children or grandchildren, you should also add any gift amounts to your final expense plan.
Your total final expenses, plus an allowance for inflation, will help you determine how much burial insurance coverage you need to buy.
How Should I Pay My Premiums?
The best way to pay your premium is through a savings or checking account. 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 don’t need to worry about your policy lapsing due to non-payment.
Burial Insurance Riders For Native Americans
Insurance policy riders add benefits to your policy. Adding insurance riders will enhance your policy to fit your needs. Some riders are built into your policy, while others can be added at an additional cost. Most riders are affordable, and it involves little to no underwriting.
Here’s a list of common burial insurance riders:
| FUNERAL FUNDS ADD-ONS | AVAILABILITY |
|---|---|
| Terminal Illness Add-On Benefit | Included with most plans |
| Nursing Home Care Add-On Benefit | Included with most plans |
Importance Of Burial Insurance For Native Americans
Native American men are dying faster in the United States than the average American. A male Native American has a life expectancy is 71 years, six years below the expectancy of a white male. Native American women fare at the same level as the average non-native American female.
The leading causes of death among Native Americans are diabetes, chronic liver disease, respiratory diseases, heart disease, cancer, and unintentional injury.
A funeral costs a tremendous amount of money that could cause great stress to the loved one left behind. Without burial insurance, tribal families will have difficulty finding funeral funds quickly. Burial insurance can save your family from withdrawing their savings or selling assets to come up with the needed funds to bury a loved one.
Native Americans need to understand the importance of burial insurance so that family members and their tribe will have peace of mind knowing they will not suffer financially when a loved one passes away—burial insurance guards against financial hardship by providing cash to cover the funeral and burial costs.
Burial insurance for Indians and Native Americans is critical today since more and more elders are entering their elderly years with insufficient funds. Burial insurance for Native Americans is the solution so that the surviving family and the tribe don’t have to worry about the financial aspect of the funeral.
Intangible Benefits Of Burial Insurance
The benefits of burial insurance extend beyond finances. Here are the intangible benefits of burial insurance for Native Americans.
Buying burial insurance allows your family to plan ahead
Making financial decisions about your death may not be easy. Buying burial insurance for parents gives you time to plan ahead and make your funeral a celebration of life and culture. Burial insurance allows you to find different burial options suited to your needs.
Be at peace knowing your funeral will represent your culture
When you purchase burial insurance, you can plan ahead to make your funeral ceremony reflect your culture for the new generation to see. You can discuss your wishes with your family so that the funeral service will reflect your culture.
Ease the financial burden on your family and tribe
Being able to pay for your funeral and final expenses greatly expresses love for the family and the tribe. If you are a parent or child who purchases burial insurance, you are making sure that your tribe can grieve without worrying about the funeral and burial costs.
Your family will have instant funds to pay for your funeral
Burial insurance payout doesn’t go to probate. Your family will have the funds to pay for your funeral and final expenses. Burial insurance provides instant funds to your loved ones, so they don’t need to pay for your funeral expenses out of their pockets.
Benefits Of Burial & Funeral Insurance
Here are some of the benefits of purchasing a burial or funeral policy:
- No medical exam or doctor’s visit is required – easy to get approved.
- Ease of issue – easy to qualify and get insurance coverage.
- No Money Down to get approved – have your policy start whenever you want.
- Level premium – your premium will never increase.
- Fixed death benefit – your death benefit will never decrease for any reason.
- Permanent protection – your policy can not be canceled by the life insurance company as long as you continue to pay your premiums.
- Tax-free – the death benefit is directly paid to your beneficiary tax-free upon your death
- Cash value builds up – burial insurance is a whole life policy that builds cash value over time.
Other Common Uses For Final Expense Life Insurance For Native Americans
All of these examples are appropriate uses for Final Expense Life Insurance:
- Burial insurance plan for Native Americans
- Cremation insurance plan for Native Americans
- Funeral home insurance plan for Native Americans
- Final Expense insurance plan for Native Americans
- Prepaid funeral plan insurance for Native Americans
- Mortgage payment protection plan for Native Americans
- Mortgage payoff life insurance plan for Native Americans
- Deceased spouse’s income replacement plan for Native Americans
- Legacy insurance gift plan to family or loved ones for Native Americans
- Medical or doctor bill life insurance plan for Native Americans
We can help you with any of the plans above. Your pricing will depend on your age, health, and coverage amount for each program option.
How Can Funeral Funds Help Me?
Affordable burial insurance doesn’t have to cost an arm and a leg. Avoid inexperienced and less knowledgeable insurance agents because it will cost you loads of money by selling you overpriced burial insurance.
Our job at Funeral Funds is to give you the most accurate insurance quotes. Once you provide us with your age and health history, we can help you get the most affordable plan to accept your health problems.
Working with an independent insurance agency like Funeral Funds is always in your best interest. We have access to all the best burial insurance companies and will help you get the best insurance plan that will fit your needs.
Additional Questions & Answers On Burial Insurance For Native Americans
Is life insurance available for Native Americans?
Yes, many insurance companies offer burial insurance specifically tailored to the needs of Native Americans. These policies typically provide coverage for funeral expenses and additional benefits that can be used to pay for other end-of-life costs, such as medical bills or debts.
Can I get life insurance if I’m a Native American?
Yes, many insurance companies offer life insurance to Native Americans. These policies typically provide coverage for a range of different needs, including burial expenses and other end-of-life costs.
Can I buy life insurance if I’m a Native American and have health problems?
Yes, you may still be able to qualify for a life insurance policy even if you have health problems. However, your rates may be higher than someone who is more healthy.
Can I qualify for first-day coverage if I’m a Native American?
Yes, you can typically qualify for first-day coverage with most life insurance policies. This means that your coverage will begin on the day that you purchase your policy.
Can I qualify for burial insurance If I’m a Native American?
Yes, many insurance companies offer burial insurance specifically designed for Native Americans. These policies typically provide coverage for funeral expenses and additional benefits that can be used to pay for other end-of-life costs, such as medical bills or debts.
Do I need a medical exam to qualify for burial insurance for Native Americans?
No, you typically do not need a medical exam to qualify for burial insurance designed for Native Americans.
What are the benefits of burial insurance if I am a Native American?
The main benefits of burial insurance for Native Americans include coverage for funeral expenses and additional benefits that can be used to pay for other end-of-life costs, such as medical bills or debts.
Why should I get burial insurance if I’m a Native American?
Burial insurance can provide peace of mind in knowing that your loved ones will not have to bear the financial burden of your funeral costs. Additionally, burial insurance can help cover other end-of-life expenses, such as medical bills or debts.
What are the uses of burial insurance for Native Americans?
Burial insurance for Native Americans can be used to cover expenses such as funeral costs, end-of-life medical bills or debts, and other related expenses. Additionally, this type of insurance may also provide additional benefits that can help support your loved ones in the event of your death.
Can I qualify for final expense insurance If I’m a Native American?
Yes, many insurance companies offer final expense insurance specifically designed for Native Americans. These policies typically provide coverage for funeral expenses and additional benefits that can be used to pay for other end-of-life costs, such as medical bills or debts.
Can I take out burial insurance on my Native American mother?
Yes, you can typically take out burial insurance on another person, such as your Native American mother. However, she will need to consent to the policy and be aware of the coverage.
What is the maximum age for a Native American to get life insurance?
The maximum age for a Native American to get life insurance is 85 years old. Once approved, your policy will remain active until you are 121 years old.
Can a Native American qualify for life insurance if they have a pre-existing condition?
Yes, insurance companies may still offer life insurance coverage to Native Americans with pre-existing conditions. However, your rates and eligibility for coverage will vary depending on the insurance company and your specific condition.
What is the process for a Native American to get life insurance?
The process for a Native American to get life insurance is the same as it is for any other applicant. You will need to fill out an application with a qualified insurance agent.
What is my best insurance option if I am a Native American?
The best insurance option for a Native American will vary depending on your specific needs and circumstances.
What happens to my life insurance if I move?
If you move, your life insurance policy will follow you and remain active. However, contacting your insurance provider to confirm these details and update your address is important.
How do I choose the best life insurance for a Native American?
The best life insurance option for a Native American will depend on factors such as your age and health, the amount of coverage you need, and your budget. You should speak to a qualified insurance agent to help you compare policies and find the best option for your needs.
What do you do if your Native American parents do not have life insurance?
If your Native American parents do not have life insurance, you may still be able to get coverage through a policy that is specifically designed for children of Native American descent. You should speak with an insurance agent about your options and eligibility for coverage.
Can I name myself as the beneficiary on my Native American parents’ life insurance?
Yes, you can typically name yourself as the beneficiary on your Native American parents’ life insurance policy. However, you should confirm this with your parents and their insurance provider to ensure that the policy is set up correctly.
How will my life insurance benefits be paid out if I am a Native American?
If you are a Native American, your life insurance benefits will typically be paid out to your beneficiaries in a lump sum. However, some policies may allow you to receive the benefits in monthly installments or a combination of lump sums and installments.
How long does it take for Native American insurance to go into effect?
The length of time it takes for Native American insurance to go into effect will vary depending on the policy and insurance company. Most non-medical insurance goes into effect immediately upon approval.
Can I qualify for funeral insurance If I’m a Native American?
Yes, you may be able to qualify for funeral insurance as a Native American. However, the cost and eligibility requirements will vary depending on your age, health, and other factors. You should speak to a qualified insurance agent to learn more about your options.
What are the things that may affect my eligibility if I’m a Native American?
Several factors may affect your eligibility for life insurance as a Native American, including your age and health status.
What is the best insurance for my Native American father with health problems?
If your Native American father has health problems, you may want to consider a no-exam life insurance policy. These policies often have lower rates and fewer eligibility requirements than traditional policies.
Can I qualify for cremation insurance If I’m a Native American?
Yes, cremation insurance is available to Native Americans, and you may be able to qualify for this coverage regardless of your age or health status.
Can I get more than one insurance if I’m a Native American?
Yes, it is possible to qualify for more than one insurance as a Native American as long as you can afford to pay the premiums.
How many life insurance policies can a Native American have?
There is no limit to the number of life insurance policies a Native American can have. However, it is important to ensure that you can afford all of your premiums and that the policies align with your coverage needs.
Which insurance is best for Native Americans?
The best insurance for Native Americans will vary depending on your individual circumstances. You should speak to a qualified insurance agent to help you compare policies and find the right coverage for your needs.
Should your Native American parents have life insurance?
There is no right or wrong answer when it comes to whether or not your Native American parents should have life insurance. Ultimately, the decision will come down to their personal circumstances and needs.
What is the average cost of life insurance for Native Americans?
The average cost of life insurance for Native Americans will vary depending on factors such as your age, health, and coverage needs.
How can I find the best burial insurance for Native Americans?
The best way to find the best burial insurance for Native Americans is to work with a qualified insurance broker or agent. They can help you compare different policies and find the right coverage for your needs.
What are the best life insurance companies for Native Americans?
The best life insurance companies for Native Americans will vary depending on your circumstances.
How do I get life insurance on my Native American parents?
To get life insurance for your Native American parents, you must work with a qualified insurance broker or agent. They can help you compare different policies and find the right coverage for your needs.
What things should I consider when shopping for life insurance as a Native American?
Some things you should consider when shopping for life insurance as a Native American include your age, health, and coverage needs.
What are some tips for getting life insurance for Native Americans?
Some tips for getting life insurance as a Native American include working with a qualified agent or broker, comparing different policies and coverage options, and understanding your needs.
How can I get affordable life insurance for a Native American parent with health issues?
You can get affordable life insurance for a Native American parent with health issues, including working with a qualified agent who can compare different policies and recommend the best plan with the lowest rate.
2 Comments
Brenda Hewitt
I would like to look into funeral burial insurance for my tribe. How much would that be for 350 individuals?
Funeral Funds
Hey Brenda – there are no "group plans" out there for this type of insurance, but we could certainly have a conversation about how to implement individual plans that would best benefit the tribe members. Just reach out to Randy at (888) 862-9456 for more info.