Burial Insurance for Veterans

Man Wondering About Burial Insurance for Veterans

Burial insurance for veterans is available to any member of the Army, Air Force, Navy, Marines or Coast Guard after they leave the armed services. Some insurance companies cater to the needs of veterans and have developed life insurance plans for them. The good news is there are many options for a veteran’s life insurance.

Armed forces personnel have the option to convert their Service Members Group Life Insurance (SGLI) to Veterans Group Life Insurance (VGLI) when they leave the military, but there are reasons why you should choose to purchase insurance coverage from a private life insurance company.

Two of the greatest benefits of burial insurance for veterans are: they do not require a medical exam to qualify, and underwriting is more lenient on PTSD and other health issues when purchased through Funeral Funds.

It’s very easy to apply; all you need to do is fill out a very short application and answer no to the health questions on the application.

Getting burial insurance for a disabled veteran is also possible. Many disabled veterans that collect VA disability benefits still have a job or a business. If you’re a disabled veteran that doesn’t receive social security disability income, you have a better chance of getting approved for burial insurance. Most of the time you can expect to pay the same premium as people who are not on disability.

In this article, we will explore how military personnel can have burial insurance, funeral insurance, cremation insurance, or final expense insurance when they leave the military. We will learn what burial insurance options are open for them and how to get the best rates.


What Happens When Military Service Ends?

Burial Insurance For Veterans

Best Features Of Burial Insurance For Veterans

Burial Insurance Options For Veterans

How Can Funeral Funds Help Me?


All members of the Army, Air Force, Navy, Marines or Coast Guard are automatically enrolled in Servicemembers Group Life Insurance (SGLI). How much life insurance do veterans get? This is life insurance with a maximum coverage amount of $400,000. This veteran death benefits life insurance last until 120 days after the retirement date, or the moment you leave the service.

After leaving the active service, you are given the option to convert your SGLI into a Veterans’ Group Life Insurance (VGLI). VGLI is available to all armed forces personnel leaving active duty not just retirees.

Your timeframe after separation from the military will look like this:

  • During service – you will be automatically covered with SGLI. You can convert SGLI to VGLI without medical underwriting.
  • 120-240 days – but you have the option to convert SGLI to VGLI without evidence of good health or medical underwriting.
  • 240-480 days – but you can convert your SGLI to VGLI.  You need to answer health questions to do this.
  • 485 days onwards – Too late to convert your SGLI to VGLI. You are no longer covered by SGLI and can’t convert to VGLI. Private life insurance is your only option for insurance coverage.


Burial insurance in many ways is more important for veterans than other groups. Veterans know that the unexpected can happen and life insurance will be very important for the financial welfare of their families.

If you have been previously in the military, you are automatically enrolled in SGLI. Following this, you may have converted your policy into VGLI. But it may not be the best option for you with other private insurance now available.

As a veteran, you may find it difficult to get traditional life insurance especially if you have been injured or disabled. However, this is not the case with burial insurance. Burial insurance for veterans also referred to as final expense or funeral insurance is easier to qualify.

You probably have seen ads for this insurance product on TV or the internet. All of these terms for burial insurance refer to a whole life insurance policy that has been designed for people and families to pay for funeral and final expenses.

One significant advantage of burial insurance for veterans is that it’s very easy to buy. You only need to answer some questions about your health, and some plans don’t even ask any health questions at all.


  1. Immediate approval – there is fast approval for burial insurance for veterans. In general, the approval time can range from 15 minutes to a few business days. The length of time it takes to be approved depends on the company you apply with, but most insurance companies offer instant approval over the phone.
  2. No medical exam – all insurance companies offering burial insurance for veterans will not require you to undergo a medical exam. At no point will you ever need to give a blood or urine sample or provide your medical records. The application process is simplified where you only need to answer a few health questions. Some plans don’t even ask health questions on the application.
  3. Lenient underwriting – Veterans with pre-existing medical conditions like PTSD could still qualify for burial insurance. There is lenient underwriting, and applicants only need to answer a few health questions. This type of burial insurance policy was designed to accept the risk of some fairly major health issues. Despite some problematic illness, you can still get a policy!
  4. No health questions – Guaranteed issue policy won’t ask health questions, and applicants with a severe medical condition can qualify. Guaranteed acceptance whole life insurance is best for veterans with a disability or severe health conditions.
  5. Permanent coverage – burial insurance for veterans are whole life insurance policies that will last your whole life. You have permanent coverage, and the policy will not expire at any age. The death benefit will not decrease, and the premium you pay will never increase.
  6. Fast death benefit payout – there is a quicker claims payout with burial insurance for veterans. The claim will be paid to your beneficiaries within a week after the company receives the proper paperwork.
  7. Portability – the payout is paid in cash to the beneficiary upon the death of the insured (not to a funeral home). It does not matter where you are…the insurance company will pay even if you pass away in another country. Your beneficiary will receive 100% face amount of the policy tax-free and can be used to pay final expenses or anything they see fit.
  8. Accumulates cash value – burial insurance for veterans is a whole life policy that has a cash value component that grows over time. You can use the cash value for financial emergency or pay premiums to ensure your policy will never lapse from non-payment.
  9. Small coverage options – burial insurance for veterans is offered in small face value. If you want to be cremated then you only need between $2,000 and $5,000 in coverage. You can buy as little as $2,000, or as much as you need. This is a fantastic feature of burial insurance because it allows you to buy what you need to cover your end of life expenses.

Most burial insurance companies offer a maximum face amount of $25,000 to $50,000. If you want to buy more than $50,000, you can purchase multiple policies to get the total face amount you need.

  1. There are many insurance providers offering burial insurance to veterans – more and more insurance companies are now providing coverage to veterans. They are all competing for your business, that’s why you can choose the best company offering the best price at the best value.


There are different life insurance policy options to consider in civilian life after you’ve separated from the military.


Simplified issue whole life insurance is a burial insurance policy that you can buy from age 50-85. The monthly premium is guaranteed to never increase through the life of the policy. You will be covered immediately from day one, and you will not have a waiting period.

This policy provides 100% death benefit when the policy is issued.  If you cross the street and get hit by a bus and die the very next day after your policy is approved, your beneficiaries will receive the full death benefit.

Simplified issue burial insurance will require you to answer a few questions about your health on the application. They do this to get an overview of your health condition. These are just yes or no questions which are simple to answer.

They will require you to answer no to questions like:

  1. Have you been diagnosed with a terminal illness like cancer?
  2. Do you have dementia or Alzheimer’s disease?
  3. Are you currently residing in a nursing facility?

Most veterans can answer NO to these health questions and get approved for simplified issue whole life insurance. Minor health issues such as high cholesterol or high blood pressure are perfectly fine and won’t negatively affect your eligibility.

Some of the benefits of simplified issue life insurance include:

  • It is cheaper and has a higher death benefit compared with graded death benefit or guaranteed issue final expense insurance.
  • It has immediate coverage from day one, and it doesn’t have a waiting period. Once the policy is issued, your beneficiary is entitled to the full death benefit when you pass away for whatever reason.
  • Higher coverage amount compared with guaranteed issue policy.[/su_list]

Always try to apply for an insurance policy with health questions before applying for a no-health questions policy to enjoy cheaper premiums, immediate coverage and higher coverage amount.


This is a permanent life insurance policy with no medical exam designed for veterans who are in less perfect health. The graded death benefit is the next best option for veterans who cannot qualify for simplified issue life insurance.

Graded death benefit accepts many health conditions. Health issues that may be approved for this policy include type-1 diabetes, stroke, alcohol abuse, and other health issues. To get approved, you only have to answer a few health questions.

This policy is graded because it does not have immediate coverage. You will need to wait two years before your policy will pay the full death benefit. The death benefit grows in increment. Let’s say you purchased a $10,000 policy.

  • If you die within the 1st year – your beneficiary will receive 30% death benefit
  • If you die within the 2nd year – your beneficiary will receive 70% of the death benefit.
  • If you die within the 3rd year – your beneficiary will receive 100% of the death benefit

Graded death benefit plan has a higher coverage amount than guaranteed acceptance life insurance. The coverage amount is usually capped at $50,000 compared with $25,000 for guaranteed issue. It is also a bit expensive than traditional life insurance policies, but less costly than guaranteed issue whole life insurance because there are some health questions to qualify.


If you’re a veteran who doesn’t pass underwriting with health questions and denied coverage because of your health, you still have other option to get life insurance coverage that you need.

If you have any of these medical conditions, you will only qualify for guaranteed issue burial insurance:

  • Cancer within the last 2 years
  • HIV or AIDS
  • Kidney failure requiring dialysis
  • Alzheimer’s disease or dementia
  • Organ transplant or need organ transplant
  • Terminal illness
  • Wheelchair-bound due to chronic disease
  • In a nursing facility or needing home health care
  • Needing help with activities of daily living such as eating, bathing, dressing, toileting, transferring and continence

Outside these severe health conditions, you can undoubtedly qualify with burial insurance with health questions and immediate benefit. You will pay less and do not need to wait two years before your policy is in full force.

This plan does not have a medical exam or health questions. If you are a U.S veteran between the ages of 50-85, you cannot be turned down for coverage no matter what your medical condition is. The rate you will pay is based on age, gender, and state of residence. The death benefit is available in the $2,000 to $25,000 range.

Fast approval is the most significant advantage of guaranteed acceptance life insurance. Some companies can approve your policy in just 15 minutes to 48 hours. This is your best option if you need coverage due to a business loan or court requirement.

Guaranteed issue burial insurance is graded for the first two years, which means the company will only pay 100% death benefit if you pass away due to an accident. If you die from natural death, your beneficiary will receive all premiums that you paid plus interest which is typically 7 to 10%. If you die after the waiting period, your beneficiaries will receive the 100% death benefit.


Trying to find a policy for veterans needn’t be a frustrating process; working with an independent agency like Funeral Funds will make the process easier and quicker.

If you are a veteran, 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 for 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 veterans’ funeral insurance, or veterans’ burial insurance, or veterans’ 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.


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