2024 Burial Insurance for Insulin Dependent Diabetics
last updated on March 26, 2024Affordable burial insurance for insulin-dependent diabetics is available for people with Type 1 and Type 2 diabetes. If you’re on insulin, you’ll have several options to choose from.
The video below contains useful information if you have diabetes and want to qualify for the best-priced burial, cremation, or final expense life insurance.
In this article we will help you understand why most of the diabetics we help qualify for a burial insurance plan that comes with first-day coverage and the lowest rate.
FOR EASIER NAVIGATION:
- What Is My Best Insurance Option If I’m an Insulin-Dependent Diabetic?
- What Types of Burial Insurance Should I Avoid?
- What Type of Burial Insurance Is Best?
- If I’m an Insulin-Dependent Diabetic, Do I Need a Medical Exam to Qualify for Burial Insurance?
- Burial Insurance Underwriting for Insulin-Dependent Diabetics
- How Much Insurance Do I Need If I’m an Insulin-Dependent Diabetic?
- How Should I Pay My Premiums?
- Insulin-Dependent Diabetics and Burial Insurance Riders
- Information We Need if You’re an Insulin-Dependent Diabetic
- What If I Was Rejected for Coverage?
- Benefits of Burial & Funeral Insurance
- Other Common Uses for Final Expense Life Insurance for Insulin-Dependent Diabetics
- How Can Funeral Funds Help Me?
- Additional Questions & Answers On Burial Insurance For Insulin Dependent Diabetics
What Is My Best Insurance Option If I’m An Insulin-dependent Diabetic?
Today, many cases of Type-1 and Type-2 diabetics on insulin may qualify for a level death benefit plan with first-day full coverage. In addition, there are some burial insurance, funeral insurance, cremation insurance, or final expense insurance carriers with the same great rates as a person who has no diabetes at all.
This policy option pays 100% of the death benefit from day one, and it has no waiting period.
Best Option: Level death benefit plan with first-day coverage
OTHER FACTORS THAT MAY AFFECT ELIGIBILITY
NEUROPATHY (Nerve/Circulatory Issues due to diabetes)
If you have neuropathy as a complication of diabetes, you may qualify for a level death benefit plan with first-day coverage.
Best Option: Level death benefit plan with first-day coverage
NEPHROPATHY (Kidney issues due to diabetes)
Burial insurance companies will always ask if you are undergoing dialysis. Kidney disease, as a result of uncontrolled diabetes, will only qualify for guaranteed issue burial insurance.
One consideration for this type of policy is the waiting period. You will need to live for 24 months before your policy will cover you for a natural cause of death. Only accidental death has full coverage during the waiting period.
Best Option: Guaranteed issue burial insurance
RETINOPATHY (Eye issues due to diabetes)
You will qualify for a level benefit plan if you only have mild vision problems because of diabetes.
Best Option: Level benefit plan with first-day coverage
DIABETIC AMPUTATION
If you have a diabetic amputation, the insurance companies will want to know if you can perform daily living activities on your own. If you can perform activities of daily living on your own, and your diabetic amputation was over two years ago, it will have little to no effect on your ability to qualify for burial insurance.
Best Option: Level death benefit plan with first-day coverage
If you need help with daily living activities or have had a recent diabetic amputation, then your best option is a guaranteed acceptance life insurance. Unfortunately, most burial insurance companies will decline anyone who needs help with ADL for first-day coverage.
Best Option: Guaranteed issue burial insurance
INSULIN SHOCK
If you had insulin shock in the past, your insurance approval depends on the time that passed since your insulin shock episode. When insurance companies ask about insulin shock, they generally put a period. If your insulin shock occurred more than two years ago, you will qualify for the best option.
Best Option: Level death benefit plan with first-day coverage
If you had insulin shock in the last two years, most insurance companies would offer you guaranteed issue burial insurance.
Best Option: Guaranteed issue burial insurance
DIABETIC COMA
The amount of time since your last diabetic coma will dictate what type of plan you will qualify for. If your diabetic coma occurred more than two years ago, you would qualify for the best plan with first-day coverage.
Any insurance company that asks about a recent diabetic coma that occurred within the last two years will decline you for first-day coverage. They will only offer you a plan with a waiting period.
Best Option: Level death benefit plan with first-day coverage
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’m An Insulin-dependent Diabetic, 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 for insulin dependent diabetics.
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 For Insulin-dependent Diabetics
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.
HEALTH QUESTIONS
Most burial insurance companies will ask about diabetes and insulin dependence in their health questionnaires.
You will commonly find them asked this way:
- Have you been diagnosed with diabetes prior to age 30 or have you ever been treated for insulin shock, diabetic coma, retinopathy, or diabetic neuropathy?
- Have you ever been treated or diagnosed with insulin shock, diabetic coma, amputation caused by disease, or taken insulin shots prior to age 50?
- Within the past 2 years have you had, or been diagnosed with, or received treatment or medication for complications of diabetes such as: diabetic coma, insulin shock, retinopathy, nephropathy, or neuropathy?
These are the common questions you will encounter on the application.
PRESCRIPTION HISTORY CHECK
The insurance company will electronically check your prescription history to determine what health conditions you have. It is a standard underwriting procedure with all of the majority of insurance companies (except for guarantees issue life insurance companies).
If you ever filled a prescription for any illness, they will see it when checking your prescriptions.
If you have diabetes, there are certain medications they will be on the lookout for. If you have ever taken these drugs, expect to be viewed as an insulin-dependent diabetic.
Here’s a list of common diabetes medications:
- Aspart (Novolog)
- Degludec (Tresiba)
- Glargine (Basaglar)
- Glulisine (Apidra)
- Humulin
- Insulin detemir (Levemir)
- Lispro (Humalog)
- Novolin
- Novolog
- Velosulin
There may be more, but these are the most common drugs for insulin-dependent diabetics.
How Much Insurance Do I Need If I’m An Insulin-dependent Diabetic?
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-dependent Diabetics 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-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’re An Insulin-dependent Diabetic
When applying for final expense insurance with insulin use, 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:
- Is your diabetes Type-1 or Type-2?
- When did you get your diabetes diagnosis?
- Are you taking insulin daily? How many units?
- Have you ever gone into insulin shock?
- Have you experienced a diabetic coma?
- Do you have an amputation due to diabetes?
- Do you have neuropathy or nerve circulatory issues from diabetes?
- Do you have nephropathy or kidney issues due to diabetes?
- Do you have retinopathy?
- What medications are you taking?
We 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.
What If I Was Rejected For Coverage?
If you applied to the wrong insurance company, you may have been denied for this insurance in the past.
If you have been rejected for burial insurance in the past, don’t lose hope. We can help you find an affordable life insurance policy with a different company that looks at your health more favorably.
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 For Insulin-dependent Diabetics
All of these examples are appropriate uses for Final Expense Life Insurance:
- Burial insurance plan for insulin-dependent diabetics
- Cremation insurance plan for insulin-dependent diabetics Funeral home insurance plan for insulin-dependent diabetics
- Final Expense insurance plan for insulin-dependent diabetics Prepaid funeral plan insurance for insulin-dependent diabetics
- Mortgage payment protection plan for insulin-dependent diabetics
- Mortgage payoff life insurance plan for insulin-dependent diabetics
- Deceased spouse’s income replacement plan for insulin-dependent diabetics
- Legacy insurance gift plan to family or loved ones with insulin-dependent diabetes
- Medical or doctor bill life insurance plan for insulin-dependent diabetics
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 burial insurance with pre-existing conditions needn’t be a frustrating process; working with an independent agency like Funeral Funds will make the process easier and quicker.
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 work with many A+ rated insurance carriers that specialized in covering high-risk clients like you. We will search all those companies and 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 insulin-dependent diabetic funeral insurance, or insulin-dependent diabetic burial insurance, or insulin-dependent diabetic 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.
Additional Questions & Answers On Burial Insurance For Insulin Dependent Diabetics
Can insulin dependent diabetics get life insurance?
Yes, insulin-dependent diabetics can get life insurance coverage. Many of the life insurance companies we work with at Funeral Funds offer first-day coverage plans with no waiting period.
Is life insurance expensive for diabetics?
Life insurance is very affordable for people with type 1 or type 2 diabetes will pay the same premium as people who are healthy.
Which diabetes is insulin dependent?
Type 1 diabetics are often insulin-dependent. It is previously called insulin-dependent or juvenile diabetes it is often diagnosed during childhood but can develop at any age.
Do I need to tell insurance about insulin use?
Yes, you need to tell the insurance company about any insulin if they ask for it on their application form.
Is diabetes considered a critical illness?
Diabetes is not included on the list of critical illnesses covered by most insurance companies.
Is it hard to get life insurance if you are insulin dependent diabetic?
With most companies, it is very easy to qualify for life insurance even if you are an insulin-dependent diabetic, as long as there are no serious diabetic complications like diabetic amputation, diabetic shock, diabetic coma, neuropathy, retinopathy, or nephropathy.
Can insulin dependent diabetics get burial insurance?
Yes, insulin-dependent diabetics can get burial insurance if they are 50-85 years old. Many of the life insurance companies we work with at Funeral Funds offer first-day coverage plans if you have no diabetic complications.
Can insulin dependent diabetics get life cover?
Yes, most life insurance companies offer life insurance coverage to people who are insulin-dependent diabetics.
Is insulin lifelong?
Type 1 diabetes is also called insulin-dependent diabetics. Insulin use may be lifelong because of the body’s inability to produce insulin. For type 2 diabetics insulin use may be temporary or only when they need to control their blood sugar level.
How is insulin-dependent diabetes diagnosed?
Diabetes is diagnosed through the glycated hemoglobin (A1C) test. This is a blood test that checks the average blood sugar level in the blood for the past two to three months.
Can insulin dependent diabetics get funeral insurance?
Yes, insulin-dependent diabetics can get funeral insurance. Many of the life insurance companies we work with at Funeral Funds offer first-day coverage plans for diabetics who do not have diabetic complications.
When should a type 2 diabetes take insulin?
People with type 2 diabetes are advised to take insulin if their A1C is above 9% and they experience diabetic symptoms like hunger, thirst, frequent urination, and weight loss.
What is the life expectancy of insulin dependent diabetics?
The average life expectancy of insulin-dependent diabetics is 32.6 years compared with people who don’t have diabetes who will live to be 40.2 years.
Do I need to inform my insurance company that I’m an insulin dependent diabetic?
Yes, insurance companies that ask about diabetes will want to know if you use insulin.
What is the max amount of insulin per day?
Most insulin syringes can deliver up to a maximum of 100 units of insulin per injection. Insulin pen can only deliver 60-80 insulin units per injection. People who need more than 200 units a day of insulin will need to take more than one injection.
Can insulin dependent diabetics get cremation insurance?
Yes, cremation insurance is available to insulin-dependent diabetics. Many of the life insurance companies we work with at Funeral Funds offer a first-day coverage plan if they are 50-85 years old and do not have any diabetic complications.
What happens if you don’t take insulin?
Insulin-dependent diabetics who do not take enough insulin may make their diabetes worse which will eventually lead to diabetic complications such as shock, coma, nerve damage, blindness, or kidney damage.
Can a Type 1 diabetic survive without insulin?
Unfortunately, people with type 1 diabetes can’t survive without insulin. Without insulin, they will suffer a condition called Diabetic Ketoacidosis (DKA) that may lead to diabetic coma. If left untreated this may cause death.
Can too much insulin damage your kidneys?
Yes, too much insulin can cause many problems in different parts of the body, including the eyes, nerves, and kidneys. Kidney problems can lead to kidney failure.
Can you get off insulin once you start?
Yes, insulin can reduce glucose and help the pancreas go back to its normal level of functioning. You can get off insulin once you have control of your glucose and take oral medicines instead.
Can insulin dependent diabetics get final expense life insurance?
Yes, final expense insurance is available to people who are insulin-dependent diabetics. Many of the life insurance companies we work with at Funeral Funds offer a first-day coverage plan without a waiting period if they do not have any diabetic complications.
Does insulin make you gain weight?
Yes, one side effect of insulin use is that it can cause you to weight gain.
Can you be denied life insurance if you are insulin dependent diabetic?
Insulin use by itself will not cause you to be denied insurance coverage. However, if you had a diabetic complication in the last two years, some life insurance companies will not accept your application.
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