2024 PTSD Burial Insurance
last updated on March 26, 2024If you are looking for PTSD burial insurance, we have good news for you. Most burial insurance or final expense companies are accepting of people with post-traumatic stress disorder (PTSD). You will rarely find some that ask about PTSD in the application.
If you have PTSD, you should qualify for immediate coverage with no waiting period with most burial insurance companies. You will get full protection from day one and you will pay the lowest premium.
Keep reading to learn more about how to get the best plan at the lowest rate if you have post-traumatic stress disorder.
FOR EASIER NAVIGATION:
- What Is My Best Insurance Option If I Have a History of PTSD?
- What Types of Burial Insurance Should I Avoid?
- What Type of Burial Insurance Is Best?
- If I Have PTSD, Do I Need a Medical Exam to Qualify for Burial Insurance?
- Burial Insurance Underwriting If You Have PTSD
- How Much Insurance Do I Need If I Have PTSD?
- How Should I Pay My Premiums?
- PTSD and Burial Insurance Riders
- Information We Need if You Have PTSD
- Benefits of Burial & Funeral Insurance
- Other Common Uses for Final Expense Life Insurance with PTSD
- How Can Funeral Funds Help Me?
- Additional Questions & Answers On PTSD Burial Insurance
What Is My Best Insurance Option If I Have A History Of PTSD?
Whatever type of PTSD you have, it will not matter. You can still qualify for level death benefit with no waiting period if you are generally healthy and have no serious medical condition.
This is burial insurance with no waiting period. The best feature of this plan is 100% coverage from day one. You will be instantly covered, and your beneficiary will receive a full death benefit when you pass away for any reason.
Best Option: Level death benefit plan with first-day coverage
OTHER FACTORS THAT MAY AFFECT YOUR ELIGIBILITY
Common diagnosis factors for PTSD include:
- Normal Stress Response
- Acute stress disorder
- Uncomplicated PTSD
- Comorbid PTSD
- Complex PTSD
PTSD WITH ALCOHOL ABUSE OR DRUG ABUSE
Many final expense insurance companies will allow you to qualify for immediate full level death benefit coverage if it has been 24 months or longer since diagnosis, a recommendation for treatment, and treatment occurred.
Level death benefit offers immediate 100% coverage on the first day. It is the best burial insurance death benefit that you can get if you have PTSD with a history of alcohol or drug abuse. Your beneficiary will receive your full death benefit when you pass away.
Best Option: Level death benefit plan with first-day coverage
If your alcohol or drug abuse occurred within the past 24 months
If you were recommended for treatment because of alcohol or drug abuse within the past 24 months, you would qualify for 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
CURRENT HOSPITALIZATION AND SUICIDE ATTEMPTS
PTSD on its own is not life-threatening, but it can adversely affect mental and physical health. People with PTSD have a higher risk of suicide and alcohol and drug abuse than the general population.
It has been reported that 22 veterans commit suicide every day. They are also prone to developing depression, anxiety, and sleep disorders, each of these conditions may be considered high risk by some life insurance companies.
People who have severe PTSD and who have current hospitalization will only qualify for guaranteed issue whole life insurance. There’s no medical exam, and you don’t need to answer any health questions.
Guaranteed issue burial insurance is graded for the first two years of the policy for natural causes of death. The policy will only pay the full death benefit if you die from an accident during the two-year waiting period.
If you die from an illness during the waiting period, the insurance company will only pay your beneficiary with all the premiums paid plus 10% interest. After the two-year waiting period, you are fully covered, and your beneficiary will receive the 100% death benefit payout if you die for any reason.
Best Option: Guaranteed issue burial insurance
What Types Of Burial Insurance Should I Avoid?
| PLANS TO AVOID | WHY? |
|---|---|
| Term life | Premiums increase after 5 years. Coverage ends after 80. |
| Pre-paid funeral plans | Expensive |
| Universal life | Tied with stocks |
| No health questions policies | With 2-year waiting period |
| Plans offering "teaser rates" | $9.95 per unit plans or $1 buys $100,000 coverage |
| Over priced plans | Insurance from TV and junk mail |
| Plans that accept mail-in payments | Risky |
| Plans that accept Direct Express | High lapse rate |
| Plans that accept Credit Cards | High lapse rate |
What Type Of Burial Insurance Is Best?
| FUNERAL FUNDS PLAN BENEFITS | INCLUDED |
|---|---|
| 1st Day Coverage | YES |
| Rates NEVER Increase | YES |
| Coverage NEVER Decreases | YES |
| Easy to get approved | YES |
| No Medical Exam | YES |
| Same Day Approval | YES |
| Death Claims Pay Fast | YES |
| Builds cash value | YES |
| Coverage Up To Age 121 | YES |
If I Have Ptsd, Do I Need A Medical Exam To Qualify For Burial Insurance?
You are NOT required to take a medical exam to qualify for PTSD burial insurance.
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 PTSD
Final expense insurance companies will assess your health in two ways to check your level of risk.
- Health questions
- Prescription history check
Both can verify your current health and give the company the information they need to decide if you will qualify for coverage.
HEALTH QUESTIONS
PTSD is usually not mentioned in any health questionnaire in the application.
Since most insurance providers don’t ask about PTSD, they won’t count it against you when seeking approval for a policy. Remember, an insurance company is perfectly fine and accepting of any health condition they don’t ask about.
PRESCRIPTION HISTORY CHECK
Aside from the health questions, burial insurance companies will also electronically check your prescription history to verify your health. They will look into your prescription history to review your current medication or what you’ve taken in the past to treat your PTSD. They will do this to help them assess the severity of your condition.
Most PTSD patients are taking different medications to manage their condition. Taking any of these prescription drugs will not be a problem at all.
Here’s a list of PTSD medications that burial insurance companies accept are:
- aripiprazole (Abilify)
- asenapine (Saphris)
- bupropion (Wellbutrin)
- clonidine (Catapres)
- desvenlafaxine (Pristiq)
- divalproex sodium (Depakote)
- duloxetine (Cymbalta)
- fluoxetine (Prozac)
- guanfacine (Tenex)
- lamotrigine (Lamictal)
- olanzapine (Zyprexa)
- paliperidone (Invega)
- paroxetine (Paxil)
- prazosin (Minipress)
- quetiapine (Seroquel)
- risperidone (Risperdal)
- sertraline (Zoloft)
- tiagabine (Gabitril)
- venlafaxine (Effexor)
Final expense insurance companies are perfectly fine with these, and your insurance application will be approved as long as you have no other serious health issues.
The only way these medications would be an issue will be if you’re applying with a company that is not PTSD-friendly. However, most companies are accepting of your condition. We will help you find them.
How Much Insurance Do I Need If I Have PTSD?
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.
PTSD 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-ONS | AVAILABILITY |
|---|---|
| Terminal Illness Add-On Benefit | Included with most plans |
| Nursing Home Care Add-On Benefit | Included with most plans |
Information We Need If You Have PTSD
When applying for burial insurance coverage with PTSD, it is important to provide us as much information as possible. Your health information will help us understand your current health and what plan is suited for your condition.
Here’s some of the information we need to know if you have PTSD:
- When did you have a PTSD diagnosis?
- What PTSD treatment methods are you using?
- How long have you been taking PTSD treatment?
- What medications are you taking for PTSD?
- Have you been hospitalized due to PTSD?
- Did you contemplate or attempt suicide?
- Do you have an alcohol or drug abuse history?
- Do you have a suspended license, DUI, or multiple moving violations?
Knowing some of your medical details will help us provide you with the best recommendation and an accurate quote.
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 With PTSD
All of these examples are appropriate uses for Final Expense Life Insurance:
- Burial insurance plan with PTSD
- Cremation insurance plan with PTSD
- Funeral home insurance plan with PTSD
- Final Expense insurance plan with PTSD
- Prepaid funeral plan insurance with PTSD
- Mortgage payment protection plan with PTSD
- Mortgage payoff life insurance plan with PTSD
- Deceased spouse’s income replacement plan with PTSD
- Legacy insurance gift plan to family or loved ones with PTSD
- Medical or doctor bill life insurance plan with PTSD
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?
Finding a policy for post-traumatic stress disorder (PTSD) needn’t be frustrating; 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 work for you.
We work with many A+ rated insurance carriers that specialize in covering high-risk clients like you. We will search for 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 PTSD funeral insurance, or PTSD burial insurance, or PTSD 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 accurate burial insurance quotes.
Additional Questions & Answers On Ptsd Burial Insurance
Can you get life insurance if you have PTSD?
Yes, you can get life insurance if you have PTSD. There are a few things that life insurance companies will take into account when determining your rates, such as the severity of your PTSD symptoms and whether or not you are hospitalized because of your condition.
Is PTSD insurable?
Yes, PTSD is insurable.
Is PTSD a pre-existing condition for life insurance?
Yes, PTSD is a pre-existing condition for life insurance. This means that life insurance companies will take into account your PTSD diagnosis when determining your rates.
Do I need to tell insurance about PTSD?
Yes, you will need to tell some insurance company about your PTSD diagnosis to get life insurance.
Can a person with PTSD get burial insurance?
Yes, a person with PTSD can get burial insurance. Most of the time, people with PTSD qualify for a first-day coverage plan.
Do I need to take a medical exam if I have PTSD?
No, you don’t need to take a medical exam if you have PTSD.
What can I expect my insurance rates to be if I have PTSD?
Your insurance rates will be determined by some factors, including your age, gender, location, and coverage amount.
Is there an age limit for burial insurance with PTSD?
People with PTSD can qualify for burial insurance if they are 18-85.
What do I need to get burial insurance if I have PTSD?
If you have PTSD, you need to call an insurance agent to help you apply for life insurance.
What happens if I don’t disclose my PTSD to my insurance company?
If you don’t disclose your PTSD to your insurance company, you may not be covered in the event of your death with some insurance companies.
Does PTSD affect insurance eligibility?
No, PTSD does not affect insurance eligibility if you are not hospitalized and not taking illegal drugs.
Can I get life insurance if I have PTSD and depression?
Yes, you can get life insurance if you have PTSD and depression.
Can PTSD be considered a critical illness in life insurance?
No, PTSD is not considered a critical illness in life insurance.
What are the chances of being denied life insurance if I have PTSD?
Your chances of being denied life insurance if you have PTSD will depend on the severity of your symptoms and whether or not you are receiving treatment for them.
Can you get first-day coverage insurance if you have PTSD?
Yes, you can get first-day coverage insurance if you have PTSD.
How long does it take for life insurance to kick in if you have PTSD?
If you have PTSD, your life insurance will kick in once you are approved for coverage.
Does PTSD affect life expectancy?
No, PTSD does not affect life expectancy.
Can I get life insurance if I have PTSD and anxiety?
Yes, you can get life insurance if you have PTSD and anxiety.
What are the things that may affect my eligibility if I have PTSD?
The severity of your symptoms and whether or not you receive treatment and hospitalization will affect your eligibility for life insurance.
What is the life expectancy after PTSD?
There is no definitive answer to this question as everyone’s situation differs. However, most people with PTSD can expect to live a normal life span. PTSD may shorten your life expectancy if it leads to suicide or substance abuse.
Can you get life insurance if you have mental health issues?
Yes, you can get life insurance if you have mental health issues.
Which insurance is best for patients with PTSD?
A first-day coverage plan is the best option for people with PTSD.
Is PTSD a disability?
PTSD can be considered by the Social Security Administration.
Can I qualify for cremation insurance with a history of PTSD?
Yes, you can qualify for cremation insurance with a history of PTSD. Cremation insurance works the same way as life insurance but pays out a lump sum in the event of your death to cover cremation expenses.
Can you get life insurance if you’re on antidepressants?
Yes, you can get life insurance if you’re on antidepressants. Life insurance companies will typically ask about your mental health history and any medications you take during the application process.
If I have PTSD, do I need to tell my insurance company?
Yes, you should disclose your PTSD diagnosis to your insurance company. Failure to do so could result in your policy being voided in the event of your death.
What type of insurance do I need if I have PTSD?
If you have PTSD, you will need to purchase a life insurance policy. You may also want to consider a first-day coverage plan, which will provide coverage from the first day you purchase your policy.
What happens if I don’t tell my insurance company about my PTSD?
If you don’t tell some insurance companies about your PTSD, they may void your policy in the event of your death.
Can I get life insurance if I’m on disability for PTSD?
Yes, you can get life insurance if you’re on disability for PTSD. Your premiums will be higher than someone who is not on disability, but you will still be able to get coverage.
What are the chances of getting life insurance if I have PTSD?
Your chances of getting life insurance if you have PTSD are good, but it will depend on the severity of your symptoms and whether or not you are hospitalized because of them.
If I have PTSD, can my family still get life insurance?
Yes, your family can still get life insurance if you have PTSD. They will not be able to get coverage through your policy, but they can apply for their own policies.
How do you get life insurance after a PTSD diagnosis?
You can get life insurance after a PTSD diagnosis by applying for a policy through an insurance agent.
What is my best insurance option if I have PTSD?
A first-day coverage plan is the best option for people with PTSD. This policy will provide coverage from the first day you purchase it.
Is PTSD fatal in life insurance?
No, PTSD is not fatal in life insurance.
What are some things to consider before buying life insurance with PTSD?
Before buying life insurance with PTSD, some things to consider include the severity of your symptoms, whether or not you are receiving treatment, and your overall health.
Can you be denied insurance for PTSD?
Yes, you can be denied insurance for PTSD. If you are currently hospitalized due to PTSD some life insurance companies may reject your application for coverage.
Is there a waiting period for life insurance with PTSD?
There is no waiting period for life insurance with PTSD. You can get coverage as soon as you purchase your policy.
Can PTSD affect your life insurance rates?
No, PTSD will often not affect your life insurance rates.
Can PTSD medication affect my premium?
No, PTSD medication will often not affect your premium.
What are the premiums for burial insurance with PTSD?
In most cases, burial insurance premiums for people with PTSD will be the same as those without the condition.
What is the average cost of life insurance for someone with PTSD?
The average cost of life insurance for someone with PTSD depends on your age, health, and coverage amount.
Can PTSD patients get final expense insurance?
Yes, PTSD patients can get final expense insurance. This type of policy is designed to cover the costs of your funeral and other end-of-life expenses.
Is PTSD covered by a critical illness rider?
No, PTSD is not covered by a critical illness rider.
What are some benefits of having life insurance with PTSD?
Some benefits of having life insurance with PTSD include:
- Your family will be financially protected in the event of your death.
- Your policy can be used to pay for your funeral and other end-of-life expenses.
- Your policy can provide peace of mind knowing that you have coverage in case of an unexpected death.
Do you have to declare depression on life insurance?
No, you do not have to declare depression on life insurance. Depression is not a condition that will affect your coverage or premium.
Can PTSD affect life insurance?
Yes, PTSD can affect life insurance. If you have PTSD, you may be denied coverage or have to pay higher premiums.
Can you be rejected for life insurance because of PTSD?
Yes, you can be rejected for life insurance because of PTSD. Some life insurance companies may reject your application if you are currently hospitalized due to your symptoms.
How can you get the best life insurance rates with PTSD?
The best way to get the best life insurance rates with PTSD is to work with an insurance agent. They will be able to help you compare rates from different companies and find the policy that is right for you.
What are the best life insurance companies for PTSD?
The best life insurance companies for PTSD depend on your individual needs.
What are some tips for getting life insurance with PTSD?
Some tips for getting life insurance with PTSD include:
- Work with a qualified insurance agent to compare rates from different companies.
- Be honest about your symptoms and treatment plan.
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