Burial Insurance with Type 1 Diabetes (2024 Update)
last updated on November 7, 2024Who said finding affordable burial insurance with Type 1 diabetes has to be like searching for a needle in a haystack? Spoiler alert: It doesn’t! Even with those pesky diabetic complications, there’s a final expense plan for you!
Burial insurance covers it all – burial, cremation, final expenses, funeral costs, or leaving a financial legacy.
If you prefer to keep reading, we’ve got more details on burial insurance for those with type 1 diabetes, or fill out our quote request form for immediate assistance and pricing information.
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What Is My Best Insurance Option If I Have A History Of Type 1 Diabetes?
DIABETIC COMPLICATIONS THAT MAY AFFECT INSURANCE ELIGIBILITY
Type 1 diabetes comes with its fair share of baggage, like the risk of diabetic complications. And yes, these can make life insurance companies give you the side-eye. But don’t sweat it – there are options that don’t require you to have a perfect health record.
Diabetic neuropathy’s no joke – it messes with your nerves and can affect everything from your heart to your bowels.
But before you freak out, know that a mild case might not even cause a hiccup in your insurance application and first-day coverage is totally possible! Yup, you’re covered from day one with no waiting period.
If you’ve had nephropathy, guess what? You’re in luck. You could still get a level death benefit plan with immediate coverage depending on your zip code. Your beneficiary won’t be left hanging – they’ll get the full death benefit when the time comes for you to leave this world.
So, you’ve had retinopathy, and it’s been over two years. Most life insurance companies won’t even bat an eye. But if you’re newly diagnosed, your best option is still solid…coverage from day one!
HOME HEALTH CARE
If your retinopathy has progressed to the point where you need home health care, you might want to consider a guaranteed issue burial insurance plan. This plan asks zero questions about your health, so you can get coverage without jumping through hoops.
TWO YEARS OR LONGER SINCE THE DIABETIC AMPUTATION
Had an amputation over two years ago? You’re golden! First-day coverage is still on the table.
LESS THAN 2 YEARS SINCE THE DIABETIC AMPUTATION
Less than two years ago? Our top company asks, “Been hospitalized twice in the last two years?” If your answer is a solid “Nope,” you’re on the path to first-day coverage – provided you’re in a zip code that offers the right plans.
But if you’re still in the hospital or have racked up two or more stays recently, your best bet is guaranteed-issue whole life insurance. Sure, there’s a two-year waiting period, but it’s a whole lot better than kicking yourself later for not getting covered in time.
OTHER FACTORS THAT INFLUENCE ELIGIBILITY
If you’re managing your daily activities without assistance, then your diabetic amputation likely won’t block you from getting insured. But if you need a helping hand, a guaranteed issue plan is your best bet – no health questions, just peace of mind.
AGE YOU STARTED USING INSULIN
Life insurance companies can be nosy, especially about when you started using insulin. They’re likely to throw in questions like:
- “Have you ever had insulin shock, a diabetic coma, an amputation due to disease, taken insulin shots before age 50, or been told you need an organ transplant?”
- “Were you diagnosed with diabetes before age 30, or have you ever dealt with insulin shock, a diabetic coma, retinopathy, or neuropathy?”
WHEELCHAIR USE
Let’s talk mobility. If you’ve lost your legs to diabetes, you might need a cane, walker, or wheelchair to get around. Unfortunately, most burial insurance companies will spot that wheelchair and slam the door on your application. But don’t throw in the towel just yet – there’s still hope. Your best bet is guaranteed to issue burial insurance. No questions asked, just coverage.
With Type 1 diabetes, your heart’s got some extra baggage, like a higher risk of heart disease or stroke. Our preferred company will ask: “Been in the hospital twice in the past two years?” If your answer’s a ‘Nope,’ you’re lining up for first-day coverage policy, as long as the right plan is available in your zip code.
HEART SURGERY
If you’ve had heart surgery and you’re otherwise in decent shape, you’re in luck. You’ll qualify for a level death benefit plan with coverage that kicks in right after you pay your first premium. No waiting, no worries.
Do I Need A Medical Exam To Qualify For Burial Insurance?
Nope, no needles, no stress, and no doctor poking around! You can get burial insurance with Type 1 diabetes without ever stepping foot in a lab. Forget about those nerve-wracking medical exams – when you apply, all you’ve got to do is answer a few basic health questions.
It’s so simple, you don’t even need to dig up your medical records or deal with blood and urine samples.
And the best part? You’ll often get the green light from the insurance company within minutes!
Burial Insurance Underwriting If You Have Type 1 Diabetes
Now, if you’re after that sweet combo of the lowest price and first-day coverage, you’ll need to go through a bit of underwriting. But don’t panic – it doesn’t mean you’re headed for a full medical exam.
Burial insurance companies play by two simple rules when it comes to underwriting:
FIRST – They’ll throw a few health questions your way. How you answer determines whether you’re in or out.
SECOND – They’ll do a quick peek at your prescription history electronically to verify your health.
Between your answers and this background check, they’ll figure out what policy you qualify for and how much it’ll cost you.
And here’s the kicker: Most burial insurance companies won’t even ask you outright about your Type 1 diabetes. Instead, they’re more interested in when you were diagnosed and whether you’ve had any complications.
So, keep your cool – they might ask different questions to get a feel for your health, but it’s all part of the process to get you covered!
HEALTH QUESTIONS
When it comes to Type 1 diabetes, most burial insurance companies aren’t going to hit you with the question straight up. Instead, they’ll slide in with something like, “When were you diagnosed?” or they’ll be on the lookout for any sneaky diabetic complications.
You will commonly see questions such as these:
- Have you been treated for or diagnosed as having insulin shock, diabetic coma, amputation caused by disease or taken insulin shots prior to age 50?
- In the past 2 years have you been diagnosed with, or received, or been advised to receive treatment or medication for complications of diabetes such as diabetic coma, insulin shock, retinopathy, nephropathy, or neuropathy?
- Have you been diagnosed with diabetes before age 30, or have you ever been treated for insulin shock, diabetic coma, retinopathy, or diabetic neuropathy?
Expect to see questions like these on your application – they’re digging for the details without making it obvious. But don’t be surprised if they throw in a few curveballs to verify your health.
PRESCRIPTION HISTORY CHECK
Here’s the scoop: The insurance company isn’t just going to take your word for it. They’ll dive into your prescription history electronically to make sure your answers line up with the facts. It’s all part of the standard underwriting dance – unless you’re dealing with a guaranteed issue policy, in which case, no one’s snooping in your med cabinet.
If you’ve ever filled a prescription, they’ll know. And when it comes to Type 1 diabetes, there are certain meds that’ll set off their radar. If you’ve taken any of these, congratulations, you’re officially labeled a Type 1 diabetic in their eyes
- Admelog
- Afrezza
- Apidra
- Basaglar
- Fiasp
- Humalog
- Humulin
- Lantus
- Levemir
- Novolin
- Novolog
- Symlin
- Toujeo
- Tresiba
They’re particularly nosy about when you were diagnosed, and if your meds don’t match up with their age criteria, don’t be shocked if you get a big fat “no” from them. They’re all about whether you were diagnosed early in life, so keep that in mind when you apply!
WHY DO INSURANCE COMPANIES CARE IF YOU HAVE TYPE 1 DIABETES?
Insurance companies know that if you’ve got Type 1 diabetes, your body’s just not pulling its weight when it comes to producing insulin. Without it, your body can’t grab the glucose it needs, meaning you’re stuck with insulin shots to keep things in check and dodge a laundry list of health issues.
Type 1 diabetics? They’re seen as higher risk compared to their Type 2 counterparts. Why? Because life insurance companies think Type 1 is harder to manage, especially if you’re relying on insulin to keep your blood sugar from going haywire. Finding affordable coverage can feel like trying to find a unicorn.
These companies are also all about the details, like when you were diagnosed. A later-in-life diagnosis? That’s a check in your favor. But if you were diagnosed as a kid or teen, brace yourself – this could put you in the “high-risk” category faster than you can say “A1C levels.”
Diabetes isn’t just about managing blood sugar – it’s a gateway to all sorts of nasty complications. Think strokes, heart disease, and kidney issues. The uncontrolled sugar mess can hit every organ in your body, leading to serious problems like neuropathy, retinopathy, amputations, comas, and insulin shock. All of this is a big red flag for life insurers when they’re calculating life expectancy.
And here’s a grim tidbit: Studies show that Type 2 diabetes might knock about ten years off your life, while Type 1 can slash a whopping 20 years. Historically, Type 1 diabetics have had shorter lifespans than those with Type 2. But thanks to advancements in treatment, living longer with diabetes isn’t just a pipe dream anymore – it’s a reality.
How Should I Pay My Premiums?
The smartest way to handle your premiums? Set up a bank draft from your savings or checking account. Let your bank do the heavy lifting by automatically paying your premium each month. No stress, no missed payments, and no worrying about your policy lapsing just because life gets busy.
What If I Was Rejected For Coverage Because Of Diabetes?
So, you got the cold shoulder from another insurance company because of your Type 1 diabetes? Don’t sweat it – we’ve got your back. Just because one company didn’t see your potential doesn’t mean you’re out of options.
We specialize in helping folks with diabetes get the coverage they need, even after a rejection. Whether it’s Type 1 diabetes or diabetic complications, we know which companies will look at your health with a kinder eye. And guess what? Even if your diabetes is advanced, there are still plans out there that you can qualify for, including those with first-day coverage.
We’re all about finding you affordable life insurance that fits your budget, no matter how many “no’s” you’ve heard before. Rejected? That’s just a temporary setback. We’ll find you coverage that works, and we do it all the time!
How Can You Get Affordable Rates With Type 1 Diabetes?
Let’s face it – Type 1 diabetes isn’t exactly a picnic when it comes to life insurance. Some companies will turn you down flat or hit you with sky-high premiums. But here’s the good news: not all insurers are that harsh. Some see Type 1 diabetes as a manageable condition and are more than willing to offer you coverage at a fair rate.
To get those affordable rates on burial insurance, you need to team up with an independent agency like Funeral Funds. We’re the pros when it comes to finding life insurance for folks with diabetes and its complications.
We know exactly which companies offer the best deals for Type 1 diabetes. We understand your condition and know how each insurance company operates, so we can find the perfect fit for you. We’ll do the legwork, comparing prices from various insurers to land you the cheapest premium.
How Can Funeral Funds Help Me?
Finding a policy with Type 1 diabetes doesn’t have to be a nightmare. When you work with an independent agency like Funeral Funds, we make the process smooth and stress-free.
We’ll be with you every step of the way, finding a plan that fits your financial needs and budget. Say goodbye to wasting time searching for insurance companies – we’ve got that covered. We partner with a slew of A+ rated carriers that specialize in high-risk clients like you. Our mission? To match you with the best burial insurance company at the best rate.
We’re here to secure the coverage you need at a price you can actually afford. Whether it’s Type 1 diabetes funeral insurance, burial insurance, or life insurance, we’ve got you covered.
Ready to get started? Fill out our quote form on this page or give us a call at (888) 862-9456, and we’ll hook you up with an accurate quote.
Frequently Asked Questions
Is type 1 diabetes considered a pre-existing condition?
Type 1 diabetes is considered a pre-existing condition if you already have it before applying for life insurance.
How does type 1 diabetes affect life insurance?
Type 1 diabetes will not affect your life insurance eligibility unless you have diabetic complications.
Can you be denied life insurance for type 1 diabetes?
No, type 1 diabetes on its own will not cause your application to be denied unless you have diabetic complications such as neuropathy, nephropathy, retinopathy, insulin shock, or diabetic coma.
Do you have to declare diabetes to life insurance?
If you have diabetes, you must declare your medical condition on the health questionnaire.
Can you be denied burial insurance because of type 1 diabetes?
Type 1 diabetes will not disqualify you for burial insurance coverage. You may only be denied for a first-day coverage plan if you have a recent diabetic complication, but you can always get a guaranteed issue burial insurance.
Can type 1 diabetics qualify for final expense insurance?
Final expense insurance is easy to qualify for because it does not have a medical exam. Type 1 diabetics can easily qualify for final expense insurance with first-day coverage.
Can I get final expense life insurance if I have type 1 diabetes?
Yes, people with type 1 diabetes can get cremation insurance. They may even qualify for a first-day coverage plan if their condition is well-managed and they don’t have diabetic complications.
