2024 Burial Insurance with Prion Disease

Purchasing burial insurance with Prion disease should be your priority to make sure you’ll leave something for your loved ones.

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Most life insurance companies will not provide a first-day coverage plan because you are considered high risk.

Having a Prion disease results in a two-year wait before the company will pay for a medically related cause of death.

If you or a member of your family has been diagnosed with Prion disease and would like to know more information about your options, keep reading.

What Is My Best Insurance Option If I Have A History Of Prion Disease?

Prion diseases are a group of neurodegenerative diseases that significantly reduces life expectancy. Your life insurance options are limited, but you may still qualify for first-day benefits.

Best Option: First day benefits


What is a Guaranteed Issue Burial Insurance?


OTHER FACTORS THAT MAY ONLY QUALIFY FOR GUARANTEED ISSUE BURIAL INSURANCE:

Activities of Daily Living

Every life insurance company will ask if you need help with any of the ADL’s in the knockout section of the application. Activities of daily living include:

If you are in the late stage of Prion disease, you will require help with activities of daily living because your condition is getting worse. Traditional life insurance declines the application of anyone who needs help with ADLs. Guaranteed issue no questions asked is your only option for coverage.

You can get approved for Guaranteed issue burial insurance without answering any health questions. This policy is great for those with cognition loss or difficulty answering application questions coherently.

The minimum age requirement to apply is 40 to 85 years old. If you are a U.S. citizen and reside in the state where this policy is sold, and you’re within the age requirement, you will be eligible for this policy.

The application process is quick and easy. It only takes several minutes over the phone or computer.

Guaranteed issue policies pay 100% of the face amount from day one if you die from an accident but will not cover natural causes of death until the two-year waiting period is over.

If you pass away from an illness as a consequence of Prion disease, the insurance company will pay your beneficiary all the premiums you paid plus 10% interest. After the waiting period, the company will pay 100% of the death benefit for any reason for death.

Best Option: Guaranteed issue burial insurance


Home Health Care

Aside from activities of daily living, the life insurance companies will also ask if you need home health care. Most Prion disease patients need permanent home health care during the late stage of Prion disease. If this is your condition or your loved ones, it would be best for you to take out a guaranteed issue burial insurance.

Best Option: Guaranteed issue burial insurance


WHY YOU SHOULD BUY LIFE INSURANCE IF YOU HAVE PRION DISEASE

Prion disease causes degeneration of brain cells, including those that control voluntary movement. The condition worsens over time. There’s still no cure for Prion disease, and there is no treatment discovered that could stop the progression of this disease.

Additionally, the amount you will pay is based on your application age. You will save on premium if you apply now when you are younger.


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 $100,000 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


Do I Need A Medical Exam To Qualify?

You are NOT required to take a medical exam to qualify for burial insurance with prion disease.

When you apply for burial insurance, you only have to answer some basic questions about your health. The application process is simple; 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 Prion Disease

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:

You will typically see Prion disease asked this way:

  • Have you ever been diagnosed, treated, or taken medication for Alzheimer’s disease, dementia, or organic brain syndrome, or mental incapacity?
  • Have you been diagnosed or treated for neurodegenerative disease in the past 24 months?


WHY DO INSURANCE COMPANIES CARE IF YOU HAVE PRION DISEASE?

Prion disease is a degenerative brain disorder that leads to dementia and death. Symptoms can look like those of other dementia-like brain disorders. The patient will have a rapid cognitive decline. It progresses more rapidly and can be fatal within a few months, although some can last a few years.

As with other causes of dementia, Prion disease profoundly affects the brain and the body. They may also forget to care for themselves and get into a coma. Prion disease is a terminal illness that will result in premature death.

Types of Prion Diseases

  1. Creutzfeldt-Jakob disease (CJD),
  2. Variant Creutzfeldt – Jakob disease (vCJD)
  3. Fatal Familial Insomnia (FFI)
  4. Gerstmann-Straussler-Scheinker syndrome (GSS)
  5. Kuru

Prion diseases are marked by rapid mental deterioration. As Prion disease progresses, the mental symptoms worsen. Most patients eventually lapse into a coma.  Respiratory failure, heart failure, pneumonia, or other infections are the common cause of death. Death usually occurs within a year.

Because there’s still no cure for Prion disease, a complete breakdown of the motor system is certain. It is the reason why life insurance companies are cautious about offering first-day coverage with this condition.

Life insurance companies understand that Prion diseases are serious diseases that cause premature death. If you or your family member has Prion disease, we are confident that we can find you an affordable final expense insurance policy.


How Much Insurance Do I Need If I Have Prion 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 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.


Prion 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 others 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


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 is 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 if 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

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

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


What If I Have Been Declined In The Past?

Since you cannot qualify for a plan with first-day coverage, we will help you find the best first-day benefit or guaranteed issue life insurance policy with the lowest premium.

You won’t need to take a medical exam or answer health questions. We will help you get your life insurance application approved quickly.

If you have Prion disease and are ready to apply for burial insurance, we will help you. We work with the best-rated life insurance companies in the market, and our job is to get the best policy for you that will fit your budget.


How Can Funeral Funds Help Me?

Trying to find a policy if your prion 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 to find the plan that fits your financial requirements and budget. You don’t have to waste your precious time searching for multiple insurance companies because we will do the dirty work for you.

We work with many A+ rated insurance carriers that specialize 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 prion disease funeral insurance, or prion disease burial insurance, or prion disease life insurance.

Fill out our quote form on this page or call us at (888) 862-9456, and we can give you an accurate quote.

CALL NOW (888) 862-9456