Burial Insurance with Valvular Heart Disease

Couple Thinking About Burial Insurance with Valvular Heart Disease

Buying burial insurance with valvular heart disease is an important decision for your family and loved ones.

If you have valvular disease, or even a more severe form of heart disease, it’s still possible for you to get approved for burial insurance coverage.

This article will show you how qualifying for life insurance for valvular heart disease patients will work. We will also show you how to qualify for affordable final expense insurance with valvular disease and how to get covered at the best possible rate.

FOR EASIER NAVIGATION:


WHAT IS MY BEST INSURANCE OPTION IF I HAVE A HISTORY OF VALVULAR HEART DISEASE?


YOUR VALVULAR HEART DISEASE TREATMENT WAS OVER 24 MONTHS AGO

Most burial insurance companies have a two-year lookback period on circulatory surgery. If your valvular heart disease treatment was over two years, you can qualify for the best plans and lowest pricing. Almost every single burial insurance company will let you access their lowest rates and immediate protection.

You can qualify for a level death benefit plan with first-day coverage. You will be fully covered from the first day and your beneficiary will receive 100% of your death benefit when you pass away.

Best Option: Level death benefit plan with first-day coverage.


YOUR VALVULAR HEART DISEASE TREATMENT WAS WITHIN 24 MONTHS

If your valvular heart disease diagnosis and treatment is within 24 months, your best insurance option is a first-day benefit plan.

You will be covered from the first day and your death benefit will be phased in over time.

Best Option: First-day benefit plan


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 VALVULAR HEART DISEASE, 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 valvular heart disease.

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 VALVULAR HEART DISEASE

Underwriting is the process used by life insurance companies to determine your health risk level.

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

Burial insurance companies are more concern about valvular heart disease treatment. Every single burial insurance company with underwriting will ask about heart valve surgery and repair in their health questionnaire.

In the health questionnaires, you will see them ask about valvular heart disease treatment in several ways such as:

  • Within the past 2 years have you had, or been diagnosed with heart attack, cardiomyopathy, or any type of heart or circulatory surgery?
  • Prior to age 50 or during the past 24 months, have you been hospitalized for heart or circulatory surgery including pacemaker, heart valve replacement, by-pass, angioplasty, stent implant, or any procedure to improve circulation to the heart or brain?
  • Within the past 24 months have you been medically diagnosed or treated or hospitalized for heart attack, heart disease, or circulatory surgery including pacemaker, by-pass, heart valve replacement, angioplasty, or stent implant?

You need to answer “yes” to the circulatory surgery question if you had heart valve replacement surgery or repair because it considered a circulatory surgery.

TYPE OF HEART PROBLEM

Valvular heart disease is often characterized by damage in one of the four heart valves:

  1. Aortic
  2. Mitral
  3. Pulmonary
  4. Tricuspi

If you have damage in any of the four heart valves, you can still qualify for burial insurance.

Oftentimes heart valve disease requires surgery to replace or repair the heart valve. The heart valve disease treatment depends on what heart valve is affected and the severity of the valve disease. Any operation performed on the heart valve is considered circulatory surgery.

Common valvular heart disease treatments the insurance companies will ask about:

  • Heart valve repair
  • Commissurotomy
  • Decalcification
  • Ring Annuloplasty
  • Patching
  • Valvuloplasty

The type of valvular heart disease treatments (whether repair or replacement surgery) is not a big issue to burial insurance companies.

In most cases, the time that passed after your valvular heart disease treatment is the most significant issue with the most burial insurance company. It is the main deciding factor that will determine how much premium you will pay and if you will have a waiting period on your policy.


PRESCRIPTION HISTORY CHECK

Common medications for valvular heart disease include:

  • ACE inhibitors (Captopril, Enalapril, Lisinopril)
  • Anti-arrhythmic medications (Amiodarone, Flecainide, Quinidine)
  • Anticoagulants (blood thinners) Heparin, Warfarin, Coumadin)
  • Beta-blockers (Atenolol, Metoprolol, Nadolol)
  • Diuretics (Furosemide, Torsemide, Bumetanide)
  • Vasodilators (Sildenafil, Tadalafil, Bosentan)

Some blood thinners are a red flag to some life insurance companies. Depending on which blood thinners you use will affect your monthly premium. However, they will not care about blood thinners if it has been two years or longer since your first fill.


HOW MUCH INSURANCE DO I NEED IF I HAVE VALVULAR HEART DISEASE?

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


VALVULAR HEART DISEASE 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 VALVULAR HEART DISEASE

When applying for burial insurance coverage with valvular heart disease, we will need information about your current health. This information will help us to understand your health condition better. This will also enable us to provide you with an accurate quote.

Here are some of the questions we will ask you to determine the best plan for you:

  1. How long have you had valvular heart disease?
  2. What type of valvular heart disease do you have?
  3. Has your disorder led to any negative symptoms like angina or arrhythmia?
  4. Did you have any type of heart surgery to correct or repair your valvular heart disease?
  5. What medications are you taking for your valvular heart disease?
  6. Are there any other heart issues you’re dealing with?

It is important, to be honest when answering these questions so that we can review this information to determine what insurance company is your best fit.


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 VALVULAR HEART DISEASE

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

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

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 with valvular heart disease 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 valvular heart disease funeral insurance, or valvular heart disease burial insurance, or valvular heart disease 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.

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