2023 Burial Insurance with Insulin Shock
When you have diabetes, you may worry that you can’t get burial insurance with insulin shock in the past. Nothing could be further from the truth! Even with insulin shock, there are options for affordable and quality burial insurance coverage for you and your family.
No matter how long ago you had an insulin shock episode, you can still get approved for burial insurance with insulin shock.
We will go over everything you have to know about finding burial insurance with insulin shock. We will explore your options, what to expect if you have insulin shock, and how to find the best rates.
FOR EASIER NAVIGATION:
- What Is My Best Insurance Option If I Have a History of Insulin Shock?
- What Types of Burial Insurance Should I Avoid?
- What Type of Burial Insurance Is Best?
- If I Have Insulin Shock, Do I Need A Medical Exam to Qualify for Burial Insurance?
- Burial Insurance Underwriting If You Have Insulin Shock
- How Much Insurance Do I Need If I Have Insulin Shock?
- How Should I Pay My Premiums?
- Insulin Shock and Burial Insurance Riders
- Information We Need if You Have Insulin Shock
- How to Get the Best Burial Insurance Rates for Insulin Shock Patients?
- Benefits of Burial & Funeral Insurance
- Other Common Uses for Final Expense Life Insurance with Insulin Shock
- How Can Funeral Funds Help Me?
- Additional Questions & Answers On Burial Insurance With Insulin Shock
What Is My Best Insurance Option If I Have A History Of Insulin Shock?
There are insurance options for diabetics who had insulin shock at some point in their life. However, your other health issues will also be considered before an insurance company issues you a policy.
The time when your insulin shock happened will most likely determine your insurance eligibility
INSULIN SHOCK OVER 2 YEARS AGO
Best Option: Level death benefit plan with first-day coverage
If your insulin shock happened over 24 months ago, you are in a great situation to get first-day coverage insurance. Insurance companies that only ask about insulin shock in the past 24 months will offer you a level death benefit plan with first-day coverage. This coverage also comes with the lowest rate possible.
INSULIN SHOCK WITHIN THE LAST 2 YEARS
Best Option: First-day benefit plan
If you have had an insulin shock in the last 24 months, most final expense insurance companies would get you covered for the first-day benefit plan. The first-day benefit plan will cover you from the first day and your death benefit will be phased in over time.
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 Have Insulin Shock, Do I Need A Medical Exam To Qualify For Burial Insurance?
You are NOT required to take a medical exam to qualify for burial insurance with insulin shock.
When you apply for burial insurance, you only have to answer some basic questions about your health. The application process is simple; you don’t need to provide medical records or blood and urine samples.
You’ll get the official approval from the insurance company often within minutes!
Burial Insurance Underwriting If You Have Insulin Shock
Burial insurance companies have two ways of underwriting:
FIRST – They may ask you a series of health questions. Your answers to their questions will determine your eligibility.
SECOND – They will electronically review your prescription history to verify your health.
Here are some examples of how burial companies ask about insulin shock in their health questions:
- Have you ever 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, 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 insulin shock, diabetic coma, retinopathy, or neuropathy?
Insulin shock has a two-year look-back period with almost all insurance companies.
PRESCRIPTION HISTORY CHECK
The insurance companies will also review your prescription history as part of their underwriting procedure and risk analysis
How Much Insurance Do I Need If I Have Insulin Shock?
The amount of burial insurance you should buy varies depending on your personal and financial circumstances. However, burial insurance should cover the cost of your funeral, burial, and final expenses.
The first step to figuring out how much burial insurance you need is to know your end-of-life expenses. Your funeral cost is often the biggest single expense you need to pay. Other end-of-life expenses to consider are your outstanding medical bills, living expenses, credit card bills, and other debts.
Here’s an example of a funeral cost breakdown 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 |
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.
Insulin Shock And Burial Insurance Riders
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 |
Information We Need If You Have Insulin Shock
When applying for final expense insurance with insulin shock, it is important to provide us much information as possible.
We will ask you a series of health questions to better understand your condition.
These questions include:
- Were you diagnosed with what type of diabetes? (Type 1 or Type 2)
- Were you diagnosed with diabetes before age 50?
- What medications do you currently take?
- When did you last experience an insulin shock?
- Have you experienced a diabetic coma?
- Do you have kidney issues because of diabetes?
- Do you have eye issues resulting from diabetes?
- Do you have a nerve or circulatory issue due to diabetes?
- Have you ever had an amputation resulting from your diabetes
We will need to know your medical condition to be able to provide you with the best recommendation. The more information we get, the better your chances of finding affordable insurance coverage.
How To Get The Best Burial Insurance Rates For Insulin Shock Patients?
Insulin shock is considered a high-risk medical condition. However, some insurance companies will look at it as a manageable condition and most likely approve the application, often at a very reasonable rate.
To get affordable rates for burial insurance with insulin shock, you should use an independent agency like Funeral Funds. We are highly experienced in helping people with diabetes and diabetic complications like insulin shock, neuropathy, nephropathy, or diabetic amputation. We are uniquely equipped to shop the market for you to get you the best deal.
Our years of experience allow us to understand how each carrier works and which company would be the best for you. We can compare prices from different companies to see which one will offer you the cheapest plan.
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 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 if 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 With Insulin Shock
All of these examples are appropriate uses for Final Expense Life Insurance:
- Burial insurance plan with insulin shock
- Cremation insurance plan with insulin shock
- Funeral home insurance plan with insulin shock
- Final Expense insurance plan with insulin shock
- Prepaid funeral plan insurance with insulin shock
- Mortgage payment protection plan with insulin shock
- Mortgage payoff life insurance plan with insulin shock
- Deceased spouse’s income replacement plan with insulin shock
- Legacy insurance gift plan to family or loved ones with insulin shock
- Medical or doctor bill life insurance plan with insulin shock
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?
Finding a policy after insulin shock can be frustrating, but working with an independent agency like Funeral Funds will make the process easier and quicker.
You don’t need to waste your precious time searching for different insurance companies; we will do the work for you. We can shop your case to different companies to get your application approved.
We work with many A-rated insurance companies that specialize in high-risk clients. We will search those companies and match you up with your best funeral and burial insurance option.
We will assist you in securing the coverage you need at a rate you can afford. So, if you are looking for funeral or burial insurance with insulin shock in your medical history, 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 burial insurance quote.
Additional Questions & Answers On Burial Insurance With Insulin Shock
Can you get life insurance with insulin shock?
Yes, you can get life insurance if you had an insulin shock. You may even qualify for a first-day coverage plan if enough time has passed.
Can insulin dependent diabetics get life insurance?
Yes, insulin-dependent diabetics can get life insurance. Many life insurance companies offer coverage for people with diabetes, even those who use insulin.
Who gets insulin shock?
Insulin shock happens to people with type 1 or type 2 diabetes who take insulin. Insulin shock is the body’s response to a significant decrease in blood sugar because of too much insulin.
Can you get burial insurance with insulin shock?
Diabetics with insulin shock can still purchase burial insurance without medical exam. If you are 50-85 years old, you can buy burial insurance even if you had insulin shock in the past.
What is the best option if you have a history of insulin shock?
Getting a first-day coverage insurance plan is your best option if you have a history of insulin shock in the past. If you had insulin shock over 24 months ago, you are in the best position to qualify for a first-day coverage plan.
What is the difference between diabetic coma and insulin shock?
Diabetic coma is caused by either very high or very low blood sugar. Insulin shock happens from a decrease in blood sugar level from too much insulin. Blood sugar levels below 70 mg/dL may cause you to experience insulin shock.
What type of shock is diabetic shock?
Diabetic shock or insulin shock is severe hypoglycemia caused by a very low sugar level in the blood. Insulin shock is a serious health risk for diabetics.
What does insulin shock feel like?
A person experiencing insulin shock may feel dizziness, sweat, have trouble speaking, and lose consciousness.
Can you get funeral insurance with insulin shock?
Yes, diabetics who experience insulin shock can still qualify for funeral insurance if they are 50-85 years old.
What should you do after an insulin shock?
You need to eat quick-acting carbohydrates to recover from insulin shock immediately. Take glucose tablets or each fruit juice, raisins, or candy to stabilize your blood sugar.
What is the most common cause of insulin shock?
The most common cause of insulin shock is too much insulin in the blood. It can lead to hypoglycemia or too low blood sugar may result in dizziness or unconsciousness.
Can you get final expense insurance with insulin shock?
Yes, people with type 1 or type 2 diabetes with insulin shock can still get final expense insurance. If they are 50-85 they can easily qualify for a no medical exam final expense insurance.
How does insulin shock affect life insurance?
Insulin shock may affect life insurance eligibility if it’s very recent. Most insurance companies have asked about insulin shock in the last two years. Companies may decline your application for coverage if your insulin shock is very recent or less than two years of first-day coverage. However, you can always qualify for a first-day benefit plan.
Can you get funeral insurance with insulin shock?
Yes, people with diabetes who experienced insulin shock can still get funeral insurance. They may even qualify for first-day coverage if enough time has passed.
Do I need a medical exam to qualify for burial insurance with insulin shock?
No, you don’t need to take a medical exam to qualify for burial insurance with insulin shock. Some insurance companies offer no medical exam policies to people who had insulin shock in the past.
Does insulin shock exclude you from life insurance?
Insulin shock may cause a decline in life insurance if it is less than two years ago. Most insurance companies ask for insulin shock in the last two years because it is considered a diabetic complication that can significantly decrease life expectancy.
Is it hard to get life insurance if you had insulin shock?
No, people who had insulin shock can still qualify for life insurance. If your insulin shock has been two years or longer, you may qualify for a first-day coverage policy.
Is insulin shock a medical emergency?
Yes, insulin shock or extremely low blood sugar is a medical emergency because it may result in death if not treated.
Do I need to tell insurance about insulin shock?
Yes, most life insurance companies want to know about your medical conditions before you apply for insurance coverage to determine your risk level.
RELATED POSTS:
