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In a world that is constantly changing and becoming more expensive, it’s important to take care of your loved ones after you’re gone. Even if you have life insurance in place, there are other areas where money can be spent on the person who has passed away.
When we think about our own mortality, one thing that crosses our mind is how much does burial cost? The average funeral costs over $10K these days!
This blog post will give you some tips on how to save money on this final expense with low-cost burial insurance for Parkinson’s disease.
- Burial Insurance For Parkinson’s Disease
- Final Expense For Parkinson’s Disease
- Parkinson’s Disease And Final Expense Insurance Companies
- Parkinson’s Disease In The Underwriting Process For Burial Or Final Expense Insurance
- Parkinson’s Disease In The Underwriting Health Questions
- Depressions Induced By Parkinson’s Disease
- Parkinson’s Life Expectancy
- Prescribed Medication History Assessment
- Parkinson’s Disease Symptoms-Specific Medications.
- Parkinson’s Disease Underwriting
Burial Insurance For Parkinson’s Disease
Can I get life insurance with Parkinson’s disease? One can only imagine the many challenges that Parkinson’s Disease (PD) awfully brings to a person and family.
If you’re reading this, we know that your family loves you more for having a positive mental attitude to keep on going in life with Parkinson’s disease and to have the wisdom of being prepared by deciding to get a burial or final expense insurance for when the time comes.
Making the decision to get burial insurance will give you and your family peace of mind and will allow you to relish every time spent with loved ones.
As the people’s champion who had Parkinson’s disease, Muhammad Ali once said, “Don’t count the days; make the days count.”
Final Expense For Parkinson’s Disease
We are delighted to tell you that…
Burial insurance at the Lowest-price with immediate coverage is possible even if you have Parkinson’s disease.
In our 26 years in the insurance industry, we have helped a lot of folks with this neurological condition get the best burial insurance and pay at the lowest cost.
And we can absolutely help you too!
Please read through to understand how a burial or final expense insurance companies respond to an applicant with a pre-existing condition such as PD. In addition to the different kinds of insurance plan offers you can expect in various cases.
Best of all, get to know how we here at InsuranceForBurial.com can guide you in getting affordable burial insurance with the highest quality possible regardless of how severe your case may be.
Parkinson’s Disease And Final Expense Insurance Companies
The good news
Insurance companies can offer affordable rates because they very well know that although PD can’t be cured, medications can help control symptoms. Similar to other pre-existing conditions such as Multiple Sclerosis, Systemic Lupus, etc.
There are also a lot of various complementary therapies that are used together with conventional medicine that will help folks continue to lead healthy lives with this progressive neurological disorder.
Good to know: If you have a prescription to use Marijuana by-products to help you manage your symptoms with Parkinson’s disease, this may raise some questions from some insurance companies that are in states that have concerns with the legality of Marijuana medical use.
This is one of the countless situations where the help of a highly-experienced Burial Insurance Specialists will be critical to help guide you avoid getting penalized or worse, declined.
There are a few top-rated burial or final insurance companies that we know and have access to that can offer an insurance plan at the lowest-price with immediate full benefit amount coverage starting from day one- this burial insurance plan is usually termed “level”, “simplified” or “preferred” by the insurance companies. Let’s use the term level.
To know if you are eligible for a level insurance policy, you need to go through an underwriting process for the insurance company to know if you have other health situations that they may take issues with.
A level burial insurance plan is usually offered to a healthy person or someone who does not have health issues that are being red-flagged.
These few top-rated burial insurance companies that are perfectly fine with an applicant that has Parkinson’s disease will offer a level plan as long as the applicant has no serious illness or other health situations that are in their watch list.
Also, unlike life insurance, you won’t need to go through all of the troubles in preparing for medical exams like physical, blood tests, urine tests, EKG, etc. to apply for burial or final expense insurance.
Final expense insurance application for Parkinson’s disease, or any health condition for that matter, can be done in the comforts at your own home through a phone call to your burial insurance agent or agency.
Good to know: You cannot directly buy a burial insurance policy from almost all of the companies, especially the ones with the lowest premiums. If you were to call the insurance company directly and ask if you can apply for coverage, they would simply inform you that their insurance policies can only be bought through an agent.
The bad news
There are a lot of burial or final insurance companies that deem Parkinson’s disease applicants too much of a risk. These companies do not have what it takes to offer a level plan for someone who has PD.
These companies will take a chance of accepting a person with PD as long they charge more money to compensate for what they consider as high-risk. They can also impose a full or partial waiting time period before the beneficiaries can be entitled to the full benefit amount.
The worst is that these companies will just flat out decline you, that means a lot of your time wasted.
That’s why it’s highly suggested to get in touch with a seasoned Final Expense Insurance Specialists that have access to the insurance companies that will be completely fine with Parkinson’s disease— and we here at InsuranceForBurial.com definitely have access.
What to buy someone with Parkinson’s? Don’t hesitate to fill out the instant quote form on this page or call us to quickly get you approved for an insurance policy at the lowest cost possible for your case. It will help us guide you in the right direction.
Parkinson’s Disease In The Underwriting Process For Burial Or Final Expense Insurance
What does a burial insurance policy cover? In the underwriting process, insurance companies will ask their health questions and review your history of prescribed medications.
In order for us to give you the most accurate quotes on Parkinson’s disease, you will be asked about the following aspects of your health:
- Health questions: present and past diseases (if there’s any) and lifestyle.
- Prescribed medication history assessment.
Is Parkinson’s a pre-existing condition? Yes. In the eyes of the insurance carrier and as a general rule: If a health condition, treatment, living conditions or type of assistance, etc., are asked, then the insurance company has concerns with it and it’s a risk for them and that they will probably offer coverage at higher rates with additional conditions in some cases.
Parkinson’s Disease In The Underwriting Health Questions
Does life insurance cover Parkinson’s? It is important to know that every insurance company will most likely have different ways of how they phrase their questions about PD or any health conditions for that matter.
In asking about PD, some companies will ask about a time frame for when you had it and some won’t.
These are some examples of how Parkinson’s disease may be asked in the underwriting health questions.:
- In the last 24 months, have you ever been diagnosed, taken medication, or had been advised for treatment for Parkinson’s disease?
- Have you ever been diagnosed, advised for treatment, or taken medication for Parkinson’s disease?
Some insurance companies may also use general words that describe Parkinson’s disease, here’s how the question may go:
- Have you ever been diagnosed, advised for treatment, or taken medication for a neurological condition or disorder?
Since PD is a neurological condition, you are obliged to answer yes.
There are other health questions that are also answerable by yes or no. These questions may sound plain enough to answer by yourself but it would be for the best if you consult with a highly practiced Final expense Insurance Agent to help you answer for the best of your interest with the utmost truth.
Depressions Induced By Parkinson’s Disease
Depression is very common for people with PD especially for the ones that haven’t fully accepted this condition. Thank goodness, a lot of insurance companies do not take issue with depression even if you’re being prescribed or taking medications to manage it.
Requiring Help with Activities of Daily Living (ADL) or Home Health Care Because of Parkinson’s Disease
Unfortunately, the truth is that If you require assistance with your ADL or need to be on home health care because of Parkinson’s disease, you won’t be offered a level burial insurance policy, instead, you will be offered a “graded” insurance plan.
Remember, an insurance company will ask about the things that concern them the most and every insurance company will ask if you require assistance with your ADL or requires to have home health care in their underwriting health questions.
It’s very common for persons with severe Parkinson’s disease to be advised by their doctor to require assistance in their daily activities of living or have home health care. Eating, bathing, dressing, toileting, grooming, transferring and taking medications are the most important activities in our daily lives that insurance companies consider as the very definition of ADL.
Good to know: There are a lot of assistive devices that can help you continue with being independent with your ADLs. A great example of this is the stabilizing spoon if you have difficulties in eating because of hand tremors.
Each and every burial insurance companies will ask if you need help with ADL, except for Royal Neighbors of America. Unfortunately, this insurance company will also ask if you have Parkinson’s disease.
If you require either the need for assistance in your ADL or placed under home health care because of PD, the only best option that we will get for you is that you’ll have to go with Royal Neighbors’ graded burial insurance plan where you will pay more and with immediate coverage but will only have a percentage of the full benefit amount during the 2 years graded time period. This will be the best plan with the lowest possible cost if you require ADL assistance because of your Parkinson’s disease. Since all other lesser insurance companies will just reject you.
If you don’t pass with Royal Neighbor of America then the next option you will only have is a “Guaranteed Issue” (GI) insurance plan. The GI plan will have no underwriting process but you will have to pay a lot more and will have a waiting time period of 2 years for the full benefit amount. If you were to pass away during the waiting period, all premiums that have been paid will be refunded with %10 interest.
Parkinson’s Life Expectancy
What is Parkinson’s disease life expectancy? Please understand, the disease itself is not fatal. Most often life expectancy is reduced by up to 2 years due to other medical complications associated with the disease.
Prescribed Medication History Assessment
As another due diligence, the insurance companies will review your prescribed medication history to possibly discover other diseases they find high-risk. Basically, by knowing what medications you have been prescribed, they can find out any health issues that you might have.
Almost all of the Insurance companies follow the logic that if you are prescribed with medication for a disease, then you have that disease.
Of course, Parkinson’s disease symptoms can be treated by the use of exclusive and multipurpose prescribed drugs. Complete with Brand (Generic) names.
In fact, below is a list of exclusive medications for Parkinson’s disease and a list of multipurpose drugs that can be prescribed to someone who has PD.
Parkinson’s Disease Symptoms-Specific Medications.
You will be automatically considered as an applicant with PD by insurance companies if you are taking any of these single-purpose medications
- (Bromocriptine Mesylate)
- (Pergolide Mesylate)
- (Procyclidine HCL)
- (Selegiline HCL)
- Amantadine HCL
- Apokyn (Apomorphine Hydrochloride Injection)
- Atamet (Carbidopa – Levodopa)
- Azilect (Rasagiline)
- Comtan (Entacapone)
- Cycloset (Bromocriptine Mesylate)
- Eldepryl (Selegiline HCL)
- Kemadrin (Procyclidine HCL)
- Levodopa (Larodopa)
- Lodosyn (Carbidopa)
- Neupro (Rotigotine Transdermal System)
- Parcopa (Carbidopa – Levodopa)
- Parlodel (Bromocriptine Mesylate)
- Permax (Pergolide Mesylate)
- Sinemet (Carbidopa – Levodopa)
- Stalevo (carbidopa, entacapone and levodopa)
- Symmetrel (Amantadine HCL)
- Tasmar (Tolcapone)
- Zelapar (Selegiline HCL)
Parkinson’s Disease Underwriting
Multi-purpose Drugs That Can also be used to treat a person with PD symptoms.
If you are taking any of these, many companies will not really consider you as a Parkinson’s patient. For example, Ropinirole is a popular medication used to treat restless leg syndrome.
- Akineton (biperiden)
- Benztropine Mesylate
- Cogentin Cogentin (Benztropine Mesylate Injection)
- Mirapex (Pramipexole)
- Requip (Ropinirole Hcl)
- Trihexyphenidyl HCL
Possible Burial or Final Insurance Underwritten Plan Offers for Parkinson’s Disease Applicants
Given our decades of experience in the insurance industry, we can confidently tell you the various underwritten policy offers that insurance companies may give for an applicant with PD.
Now, we cannot exactly tell you right now which ones you will be offered because we don’t have your details. If an agent or agency promises to surely get you low costing coverage without knowing your details, RUN!
Offer #1 Lowest Cost with Immediate Full Benefits Coverage (Level Plan)
As we mentioned at the beginning, a level plan is absolutely possible. You will pay the lowest premiums and you will be entitled to have instant burial insurance coverage with a FULL amount benefit beginning on day one. We are rooting for you to get this plan and we will do everything we can to secure you this policy.
Time is of the essence with any chronic, progressive or degenerative disease like Parkinson’s disease. You need to act now in securing burial insurance before it gets expensive.
Must be remembered, if you are newly diagnosed with Parkinson’s disease with mild enough symptoms that you can manage your ADLs by yourself or you’re not being advised by your doctor for home health care, we urge you to wait no longer and call us as soon as possible to have a better chance of paying the lowest cost.
Offer #2 Graded plan (As mentioned earlier in the ADL and Home Health Care)
Graded plan for Parkinson’s disease will cost about %20 to %50 more than a level plan.
You will be immediately entitled to a percentage of your full death benefit in the following time frame:
a) First-year starting on day 1 – Your beneficiaries will receive up to 40% of your full death benefit.
b) The second-year – Up to 80% of your full death benefit can be received.
c) Third-year onwards – The full death benefit (100%) can be received by your beneficiaries if you pass away anytime for the rest of your life.
Offer #3 Highest Premium With A Full Waiting Time Period
This is usually called a “modified” plan. The monthly premiums will be at the highest and with a waiting time period of a full 24 months or 2 years. If you pass away anytime within the waiting time period, all of your payments will be refunded with 10% interest depending on the insurance company.
Good to know: It’s for the best to consult with an independent Final Expense Insurance Specialists (like us) to assess if this will be the best option, a guaranteed issue plan might be the better option than a modified plan depending on the company that offers them.
Offer #4 Application Will Be Declined
There are a lot of insurance companies out there that don’t have the capacity to take on the risk of an applicant with Parkinson’s disease and other common health conditions that goes with. There are others that will flat out decline you because of PD alone.
Guaranteed Issue (GI) Policy Option
If you were unable to get an offer #1 level or offer #2 graded offer as mentioned above (the best case scenario offers) and you’re only offered #3 a modified plan, you’re last best option is a guaranteed issue policy.
In fact, a GI plan is not an underwritten plan, meaning it won’t have any health questions or medication history review. This plan will cost more and will have a full witing time period of 2 years.
In most cases, depending on the insurance company, a GI plan is better than a modified plan in terms of affordability and quality.
So again, it’s much much more convenient to get in touch with a veteran Final Expense Insurance Agent that has access to the country’s best insurance companies and knows which one will be the most affordable in your case, like the ones we have here at InsuranceForBurials.com.
How to Find the Best Burial or Final Expense Insurance for Someone with Parkinson’s Disease WITHOUT wasting time
Here’s a COMPLETE list of the qualities that you should be looking for in an insurance plan and the insurance company that offers it for applicants with PD:
- The insurance company will be perfectly fine with an applicant that has Parkinson’s disease. 2. The policy has the highest benefit payment that can protect you immediately starting on day one at the lowest cost. 3. The insurance company can offer the best price with immediate coverage even if you need ADL assistance or home health care.
The insurance agency that you would need to move forward with must have the following qualities when it comes to finding burial coverage for applicants with PD:
- The agency must have insurance agents that are highly experienced burial or final expense insurance specialist that have the passion to help you! Not the companies.
- In fact, the agency must be independent to have access to a lot of different top-rated insurance companies that can possibly offer the best price.
- Additionally, the agency that only offers the best policies from the country’s top-rated insurance companies that have stood the test of time in the insurance industry with stable finances and a proven track record of paying.
Final Thoughts From InsuranceForBurial On Parkinson’s Disease
Burial insurance agents
We here at InsuranceForBurial.com have those qualities as an independent insurance agency and we can absolutely get you these policy qualities if you have Parkinson’s disease.
For us, there’s nothing more rewarding than finding the best and affordable burial insurance coverage for someone who was having a difficult time securing one in the first place.
We take pride and satisfaction in being able to help folks with Parkinson’s disease get the best burial insurance plans at the most affordable premium and with immediate insurance coverage on the very first day.
We are an independent insurance agency with a team of highly experienced Final Expense Insurance Specialists that have access to the country’s top-rated A+ insurance companies that only offers top-tier insurance policies with innovative additional benefits at no extra cost.
In fact, we have a driving passion to make sure that EVERYONE gets the best burial or final expense insurance coverage in the market! No matter what their health issues are.
What we only need from you is a little bit of your time to know your details.
With us guided by your details, we will only come back to you with the best options and affordability.
For more information regarding Parkinson’s Disease, CLICK HERE.
Talk to us now! We promise you a simple no-nonsense interview process with no pressure at all whatsoever.
In the event of your death, PD can be a prohibitive obstacle to overcome for those you leave behind. But it doesn’t have to be. A low-cost burial insurance policy could provide peace of mind in knowing that if something catastrophic does happen, there’s money set aside for final expenses and funeral costs. If you’re looking to get life insurance for Parkinson’s disease or need help understanding which kind would work best for your needs, we are here with answers! Get an instant quote by filling out this form or giving us a call at 1 (855) 380-3300.