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. In fact, 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?

There are insurance options for diabetics who had insulin shock at some point in their life. However, your other health issues will be also be considered before an insurance company will issue 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 AVOIDWHY?
Term lifePremiums increase after 5 years. Coverage ends after 80.
Pre-paid funeral plansExpensive
Universal lifeTied with stocks
No health questions policiesWith 2-year waiting period
Plans offering "teaser rates"$9.95 per unit plans or $1 buys $30,000 coverage
Over priced plansInsurance from TV and junk mail
Plans that accept mail-in paymentsRisky
Plans that accept Direct ExpressHigh lapse rate
Plans that accept Credit CardsHigh lapse rate


WHAT TYPE OF BURIAL INSURANCE IS BEST?

FUNERAL FUNDS PLANFEATURES
1st Day CoverageYES
Lifetime CoverageYES
Rates NEVER IncreaseYES
Coverage NEVER DecreasesYES
Easy To Get ApprovedYES
FUNERAL FUNDS INSURANCE BENEFITS 
Rates Never IncreaseYes
Coverage Never DecreasesYes
No Medical ExamYes
Same Day ApprovalYes
Death Claims Pay FastYes
Builds cash valueYes
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, and 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 diseased 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, or 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$2,195
Removal/ transfer of remains to funeral home$350
Embalming & preparation of the body$1,005
Use of facilities for viewing & funeral ceremony$925
Hearse$340
Service car/van$150
Basic memorial printed package$175
Metal casket$2,500
Vault$1,495
Median Cost of a Funeral With Viewing and Burial$9,135
AVERAGE FUNERAL COST WITH VIEWING AND CREMATION 
Non-declinable basic services fee$2,195
Removal/ transfer of remains to funeral home$350
Embalming & preparation of the body$1,005
Use of facilities for viewing & funeral ceremony$925
Service car/van$150
Basic memorial printed package$175
Cremation fee (if firm uses a third-party crematory)$350
Median Cost of a Funeral with Viewing and Cremation$5,150
Cremation Casket$1,200
Rental Casket$995
Alternate Cremation Container$150
Urn$295


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.

PAYMENT METHODRECOMMENDED?
Savings AccountBest way to pay
Checking AccountBest way to pay
CashNot recommended
Money OrderNot recommended
Cashier's CheckNot recommended
Debit CardNot recommended
Credit CardNot recommended
Direct ExpressNot recommended
PAYMENT FREQUENCYRECOMMENDEDACCEPTED BY
MonthlyRecommendedAll Companies
QuarterlyNot RecommendedSome Companies
Semi-annuallyNot RecommendedSome Companies
AnnuallyNot RecommendedSome Companies


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 other riders 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-ONSAVAILABILITY
Terminal Illness Add-On BenefitIncluded with most plans
Nursing Home Care Add-On BenefitIncluded 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 get a better idea of your condition.

These questions include:

  1. Were you diagnosed with what type of diabetes? (Type 1 or Type 2)
  2. Were you diagnosed with diabetes before age 50?
  3. What medications do you currently take?
  4. When did you last experience an insulin shock?
  5. Have you experienced a diabetic coma?
  6. Do you have kidney issues because of diabetes?
  7. Do you have eye issues resulting from diabetes?
  8. Do you have a nerve or circulatory issue due to diabetes?
  9. 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., and 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 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 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?

Trying to find a policy after insulin shock can be a frustrating process, 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.

Funeral Insurance, Final Expense Insurance, Burial Insurance With Insulin Shock Infographic

RELATED POSTS:

Call Now ButtonCALL NOW (888) 862-9456