In the past, most life insurance companies often denied burial insurance for marijuana and illegal drug users. With an increasing number of states in the U.S. legalizing marijuana or cannabis for medical use, the industry has been lenient on marijuana and CBD oil use over the past decade. Many marijuana and illegal drug users seeking life insurance to help protect their families can now find the protection they need.
With the ongoing trend to legalize marijuana for both medicinal and recreational use, more insurance companies are now providing life insurance policies to people who are occasional users. Policies are now available even if you live in a state that has yet to legalize marijuana for medicinal or recreational use.
We’ve helped many former drug addicts get burial insurance. If you’re a recovering addict, qualifying for final expense insurance depends on a few factors. Your best chance of obtaining insurance coverage is to apply through an agency like Funeral Funds. We are not tied to one life insurance company, and we can shop your case to multiple companies to get the best plan.
This article details the keys to get burial insurance for marijuana and illegal drug users.
FOR EASIER NAVIGATION:
CAN YOU GET LIFE INSURANCE IF YOU’RE A MARIJUANA AND ILLEGAL DRUG USER?
The short answer is YES. You can qualify for life insurance even if you smoke or use marijuana.
Life insurance is available for marijuana users with or without a prescription. If you’re a recreational marijuana user, there are plans available where you don’t have to disclose your usage.
But it’s another story for illegal drug users particularly those who use hard drugs.
Anyone currently abusing hard drugs like cocaine, meth or heroine will be declined for traditional life insurance coverage because they are considered high-risk life insurance. Life insurance companies may consider your application as long as you discontinue use for a minimum of two years.
If two years or more have passed without relapse or withdrawal, and you have not damaged any of your organs, you may be approved for a standard policy.
So, what can you do if you don’t have two years of sobriety and you want to purchase a life insurance policy?
Most people with a history of drug abuse will have qualify for burial insurance without a medical exam or health questions. We know one insurance carrier that never asks about drug abuse in their health questionnaire. We can help you secure a level death benefit with immediate coverage no waiting period.
Even with other significant health issues, you can still be eligible for burial insurance or guaranteed issue life insurance, regardless of your illegal drug use.
Burial insurance plans don’t require a medical exam. However, to qualify for the lowest rates possible, purchasing a plan that asks health questions is advised. This will get you the best rates and coverage.
WHY LIFE INSURANCE COMPANIES CARE ABOUT ILLEGAL DRUG USE
Drug abuse comes in all forms and it affects people of all ages from all walks of life.
Illegal drug use continues to be on the rise in the U.S. According to the National Institute on Drug Abuse (NIDA), almost 24 million people need treatment for drug abuse, but only 2.5 million have received treatment from a specialized rehabilitation facility.
Illegal drugs that carry the highest risk of addiction:
- Bath salts
- Crack cocaine
Most life insurance carriers require applicants to be clean for a minimum of two years to qualify for burial life insurance. Many require a period much longer than two years, usually three to five years.
Insurance companies care about illegal drug use because illegal drug use can drastically alter your course of life, and all too often, it causes your life to end prematurely.
Substance abuse can cause premature death or increased mortality risk. This is the reason why insurance carriers want to know about your drug history. Illegal drug use may affect your eligibility for life insurance even if you are currently clean.
Mortality risks among illegal drug users include:
- Deaths from a natural cause such as a stroke or heart attack
- Death from infections from injectables such as hepatitis, HIV, and endocarditis.
- Accidental deaths from overdose and trauma such as motor vehicle accidents, trips, and falls, etc.
- Violent deaths from suicide or homicide.
Other risks associated with illegal drug use:
- Multiple drug abuse especially with street drugs
- Substance abuse that can cause psychiatric impairments
- Substance abuse can cause interaction with the legal system such as driving under the influence or other arrest records.
- Substance abuse causing occupational, marital, familial problems.
Insurance companies have determined that illegal drug use can cause premature death. That’s why they restrict insuring people who have a history of drug abuse unless they have remained clean and sober for a minimum of two years.
If you have a history of drug abuse, you can always qualify for burial insurance without a medical exam or health questions. We work with many A-rated life insurance companies in the country, and we know some that don’t even ask about illegal drug use.
Our agents at Funeral Funds are skilled at finding the right insurance company for a cannabis user, and we will help you find the right plan.
UNDERWRITING BURIAL INSURANCE FOR MARIJUANA AND ILLEGAL DRUG USERS
Almost all life insurance companies with underwriting ask about marijuana and illegal drug use in their health questionnaire.
They are going to ask you about what kind of medications you are presently taking and order a prescription database check.
They do this to learn more about what drugs you are taking to see if they can identify any red flags that may indicate whether or not you are abusing your medications.
For example, some insurance companies may ask about drug use this way:
- “Have you ever used marijuana, sedatives, narcotics, hallucinogens, stimulants, or any prescription drugs?”
- If you answer “Yes,” you will have to give the name of the drug, the amount used, frequency of usage, and length of use and date the drug was last used.”
When we ask about marijuana use, do not lie. Be honest with your agent about your past or current drug use, including the frequency and the amount you take.
Lying on an insurance application is fraud, and you run the risk of losing your benefits; just tell the truth on your application.
When you apply for a life insurance policy, don’t worry about your marijuana usage to be used against you by law enforcement agents because your rights are totally protected under HIPPA laws (Health Insurance Portability and Accountability Act 1996).
HIPPA guarantees the “privacy of individually identifiable health information.” This means that all the information that you disclose on your life insurance application is strictly private and confidential.
We need to know as much information about your drug use so we can place you with the right insurance carrier that will look at your case favorably and offer you the best-priced policy.
If you have a history or marijuana or illegal drugs use, your application approval depends on the period that elapsed since you quit.
Most insurance companies require at least 2 years or longer of clean living, while some companies require five years.
If you ever been hospitalized in the last two years because of drug use, it will also influence your application approval. Any complications or health issues because of drugs such as HIV, stroke or heart attack will affect the amount of premium you will pay and a waiting period.
There are five methods burial insurance companies use to learn about your potential illegal drug use in their underwriting process:
- Insurance application – Every burial insurance company with underwriting (health questions) will ask about illegal drugs or if you have a history of alcohol or drug abuse.
- Prescription Database Check – Insurance carriers will automatically order a prescription database check which will provide information about any prescription medications you are taking and how many times those drugs have been filled over the years.
- Medical Information Bureau (MIB) Reports – MIB is shared among insurance companies that provide previous life insurance application results to other insurance carriers to review. If you applied for a life insurance policy in the last 6 months and were denied due to illegal drug use, this information will be available to any company should you decide to apply in the future.
- Department of Motor Vehicle Report – DMV reports are also checked, while it may not prove a drug abuse, having a (DUI) driving under the influence or (DWI) driving while intoxicated with alcohol or drugs will be a red flag to life insurance companies.
- Criminal Background Check – Insurance carriers also perform a criminal background check as part of their underwriting process. This may not indicate any drug use, but having an arrest history of possession of illegal drugs may be viewed as a potential red flag in your life insurance application
POLICY OPTIONS IF YOU ARE A MARIJUANA OR ILLEGAL DRUG USER
If you are a current marijuana user using it recreationally, meaning once or twice a year, you may qualify for level death benefit at a non-tobacco rate. Ironically, if you’re using marijuana with a prescription to treat a medical condition such as chronic pain and a variety of other diseases, you will be charge tobacco rates.
Medical marijuana use is now becoming more prevalent because of its legalization in 33 states, but still, life insurance companies consider it the same as smoking or alcohol consumption.
Prescriptions for marijuana may affect life insurance premiums because of the underlying conditions that it treats like diabetes, high blood pressure, chronic pain, or high cholesterol may be severe enough to raise your level of risk.
Some cannabis users who have medical marijuana cards don’t smoke weed, but they consume it as an edible or a tincture. Although you are not a smoker, most life insurance carrier still considers this form of marijuana consumption as smoking and impose smoker rate because they only look for evidence of THC.
Life insurance rates for smokers are often two times higher than non-smokers (on average). Recreational pot smokers and casual pot smokers can sometimes even receive non-smoker rates.
If you are using serious drugs currently, but you are otherwise healthy we can place you with a carrier that will qualify you for a level death benefit.
We know one company that does not ask about substance abuse. Otherwise, you need to quit for a year to two years before you will be approved for a level death benefit, so your only option for coverage is to take a guaranteed issue life insurance.
It is important to remember that whether or not you may qualify for a level death benefit is completely up to the individual company. Every life insurance carrier has a different requirement than others. It is best to seek professional advice from an independent life insurance agency like Funeral Funds about your specific case.
BURIAL INSURANCE FOR MARIJUANA AND ILLEGAL DRUG USERS
LEVEL DEATH BENEFIT
If you are a recreational marijuana user or you use marijuana for a medicinal reason, we can often get you a plan with immediate coverage from day one.
Even if you use hard drugs currently, we can help you secure a level death benefit. We know some insurance companies that offer life insurance for recovering drug addicts and never ask about drug abuse in their health questionnaire.
GUARANTEED ISSUE LIFE INSURANCE
If you have a medical condition as a result of drug abuse, you cannot qualify for a level death benefit. If you have been hospitalized or put in rehab because of your drug addiction, your only option for coverage is a guaranteed issue burial insurance.
This plan is a little bit more expensive than the level death benefit, it has a maximum of $25,000 death benefit, and it also has a two-year waiting period.
The plan does not go into effect immediately like level death benefit. You need to live for two years before your beneficiary will receive your full death benefit if you pass away from the natural cause.
If you die during the two-year waiting period, your beneficiary will only receive the full refund of all the premiums you paid plus interest which is usually 10%.
BURIAL INSURANCE FOR MARIJUANA AND ILLEGAL DRUG USERS: WHAT TO EXPECT
Low to moderate alcohol consumption won’t affect your life insurance eligibility. However, those with a history of alcohol abuse should expect to pay more and endure a waiting period.
Smokers are required to pay more for life insurance from almost all companies (except guaranteed issue companies).
This is called tobacco rating it’s usually two to five times more expensive than standard life insurance. Those who have been tobacco-free for at least one year can qualify for the non-tobacco rate.
33 states have legalized the use of medicinal and recreational marijuana. Because of this, life insurance companies have become lenient in underwriting marijuana use. Life insurance is now available for marijuana users at smoker and non-smoker rates.
In the past, it’s almost impossible to find life cover for drug users who are currently using illegal drugs. Most companies want you to have a minimum of two years to five years of sobriety, without any relapses or hospitalization before offering you coverage.
Insurance companies are now offering burial insurance with hard drug users, we know of one company that doesn’t even ask about it in their health questions. We can help you qualify for a level death benefit.
HOW CAN FUNERAL FUNDS HELP ME?
Trying to find a policy for marijuana and illegal drug users needn’t be a frustrating process; working with an independent agency like Funeral Funds will make the process easier and quicker.
If you have a health history of marijuana or illegal drug use, let us help you; we will work with you side by side to help you find a plan that fits your needs.
We will work with you every step of the way in finding 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 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 marijuana or illegal drug use funeral insurance, or marijuana or illegal drug use burial insurance, or marijuana or illegal drug use life insurance, we can help.
Fill out our quote form or call us at (888) 862-9456 and we can give you an accurate life insurance quotes.