Affordable Burial Insurance with a Pacemaker

Woman Wondering How To Find Affordable Burial Insurance With A Pacemaker

While having a pacemaker may complicate the process of getting burial insurance, you can still get funeral or burial life insurance with a pacemaker.

If you had been denied life insurance in the past due to your pacemaker, there is hope for you! Don’t assume that if you have been denied coverage before that you can’t get burial insurance because you have a pacemaker.

This article was written to help you understand burial insurance and pacemakers, what to expect and what you can do to get the best policy that is fitted to your individual needs.

FOR EASIER NAVIGATION:


WHAT IS MY BEST INSURANCE OPTION IF I HAVE A PACEMAKER?

A pacemaker implant qualifies as a circulatory surgery.

How long your pacemaker was implanted will be an essential factor in determining your approval and premium amount.

IF YOUR PACEMAKER WAS IMPLANTED WITHIN THE LAST 24 MONTHS

If your pacemaker was implanted within the previous 24 months, your best option for life insurance coverage is a first-day benefit.

Best Option: First-day Benefit

A first-day benefit plan offers coverage from the first day and your death benefit is phased in over time.


IF YOUR PACEMAKER WAS IMPLANTED OVER TWO YEARS AGO

If your pacemaker was implanted over two years ago, you have the best options.

Best Option: First-day Coverage

Most burial insurance companies offer level rates (price never changes) to pacemaker applicants that fall under this category. You will qualify for first-day coverage and you will pay the least amount of premium possible.


Common Heart Conditions That Require The Implantation Of A Pacemaker:

  • Bradycardia – a slow heartbeat that can result from a blockage in the artery or the use of certain medications.
  • Tachycardia – a heartbeat that’s too fast
  • Atrial fibrillation – irregular heartbeat
  • Chronic arrhythmia – more serious irregular heartbeat often caused by heart disease
  • Cardiomyopathy – unspecified heart muscle disorders
  • Syncope – fainting spells
  • Congestive heart failure


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 PLAN BENEFITSINCLUDED
1st Day CoverageYES
Rates NEVER IncreaseYES
Coverage NEVER DecreasesYES
Easy to get approvedYES
No Medical ExamYES
Same Day ApprovalYES
Death Claims Pay FastYES
Builds cash valueYES
Coverage Up To Age 121 YES


IF I HAVE A PACEMAKER, 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 pacemaker.

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 A PACEMAKER

Burial insurance companies with underwriting ask some health questions on the application. They also perform prescription history checks to verify your health status.

A pacemaker impacts burial insurance application because it would qualify as a heart or circulatory surgery. Every life insurance company will ask about a heart or circulatory surgery on the application.

Insurance companies typically ask about circulatory surgery within a specific time frame.

You will typically see it asked this way:

  1. Within the past 2 years have you had, or been diagnosed with any type of heart or circulatory surgery?
  2. During the past 24 months have you been diagnosed as having heart or circulatory surgery including pacemaker, heart valve replacement, by-pass angioplasty, stent implant, or any procedure to improve circulation to the heart?
  3. Have you been medically diagnosed as having or been treated for heart or circulatory surgery (including pacemaker, bypass, heart valve replacement, angioplasty, or stent implant) or any procedure to improve circulation to the heart or brain?

Since a pacemaker implant qualifies as a heart or circulatory surgery, you would have to answer yes to any of these questions if it falls within the specified timeframe.


HOW MUCH INSURANCE DO I NEED IF I HAVE A PACEMAKER?

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


PACEMAKER 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 A PACEMAKER?

When applying for burial insurance with a pacemaker implant, it’s vital that you provide as much information as possible. Your information will help us understand your current health to be able to give you an accurate quote.

If you have a pacemaker implant, we would like to ask to some health questions which include:

  1. When did you have your pacemaker implanted?
  2. Why did you have a pacemaker?
  3. Do you have symptoms of heart disease?
  4. Have you had a stroke or heart attack?
  5. Have you been hospitalized in the last two years?
  6. Are you currently taking any prescription drugs?


HOW TO FIND AFFORDABLE BURIAL INSURANCE WITH A PACEMAKER

The key to finding affordable burial insurance with a pacemaker is finding a company that looks upon this situation most favorably.

If you are seeking burial insurance coverage after having a pacemaker implant, we can help. We know which A-rated life insurance carriers will provide you with low-cost burial insurance coverage without a medical exam.

We will do our best to get you the lowest cost coverage for your pacemaker condition. Our agents at Funeral Funds know the most affordable coverage options with the best burial companies for your situation. We will assist you in obtaining the burial coverage you need at the rate within your budget.


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 A PACEMAKER

All of these examples are appropriate uses for Final Expense Life Insurance:

  • Burial insurance plan with a pacemaker
  • Cremation insurance plan with a pacemaker
  • Funeral home insurance plan with a pacemaker
  • Final Expense insurance plan with a pacemaker
  • Prepaid funeral plan insurance with a pacemaker
  • Mortgage payment protection plan with a pacemaker
  • Mortgage payoff life insurance plan with a pacemaker
  • Deceased spouse’s income replacement plan with a pacemaker
  • Legacy insurance gift plan to family or loved ones with a pacemaker
  • Medical or doctor bill life insurance plan with a pacemaker

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 if you have a pacemaker can be a frustrating process, but working with an independent agency like Funeral Funds will make the process easier and quicker.

If you have a pacemaker installed, let us help you; we will work with you side by side to find a plan that fits your needs.

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.

Here at Funeral Funds, we specialize in obtaining life insurance coverage for people with a history of pacemaker usage. We work with many A-rated insurance companies that specialize in high-risk clients.

We will assist you in securing the coverage you need at a rate you can afford. So, if you are looking for burial insurance with a pacemaker 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 quote.

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