2024 Life Insurance For Schizophrenics Guide

Schizophrenia is a chronic and severe mental disorder that can be debilitating for the sufferer. The disease affects how people think, behave, and understand reality. It can lead to problems with work or school, socializing with friends and family members, as well as more serious issues like delusions or hearing voices.

Schizophrenia can also make it difficult to take care of oneself which means those living with this illness need help to find ways to meet their needs in order to maintain their health.

This blog post will provide readers information on Life Insurance For Schizophrenics and burial insurance for seniors who suffer from schizophrenia so they don’t have any regrets when it comes time for death.

Burial Insurance For Schizophrenia

Can someone with schizophrenia get life insurance? So did an insurance agent tells you that it’s difficult to get a burial or final expense insurance for someone with Schizophrenia?…

Someone told you that if you’re lucky enough, you can get guaranteed issue or approved but for a higher cost?…

It’s obvious… You’re talking to the WRONG insurance agent!

Call us! Every one of our seasoned burial or Final Expense Insurance Specialists have access to top-rated A+ insurance companies, getting a simplified policy type for someone who has Schizophrenia, is a piece of cake. We can get you an insurance policy that has the lowest cost with immediate insurance coverage on day 1.

Can You Get Life Insurance With Schizophrenia

We have helped over 95% of our clients who were relieved and felt cared for. They paid for the lowest rates and have immediate insurance coverage that helped improve their position even more.

So why are there insurance agents running around saying that it is hard to get a burial or final expense insurance for Schizophrenia???

We will explain why there are claims that it’s difficult to get a burial or final expense insurance for Schizophrenia from some insurance companies AND how otherwise easy for us to help you get the best possible insurance policy.

Above all, we specialize in dozens of pre-existing conditions and we have approved qualified health impairments with our carriers!

Best Life Insurance For Schizophrenics

Insurance Company Issues With Schizophrenia And Other Mental Illnesses

Some insurance companies out there believe that people with Schizophrenia would be very high-risk because of how they can easily mismanage their condition.

A poorly managed Schizophrenia client will have interference in their ability to think rationally which will result in disturbed behavior similar to bipolar disorder.

These will make it nearly impossible for Schizophrenic clients and the people around them to properly care for them to lead a healthy life.

Furthermore, insurance companies quickly reject applicants who have prescribed heavy dosages of antipsychotic medication when getting life insurance with mental illness.

Life Insurance For People With Mental Illness

Rejection of application is also inevitable if a Schizophrenic applicant admits (or if the insurer finds out) long episodes of depression, anxiety, or especially when applicants admit to having self-harming or suicidal thoughts.

A lot of insurance companies out there are operating like this with an outdated understanding of Schizophrenia or other mental illnesses.

We know you would not let yourself or a loved one give in to Schizophrenia, and that you will take good care of yourself following your medication plan and lead a healthy lifestyle. That is why your options for final insurance will open up.

Fortunately, in this day and age of insurance, there are top-rated A+ final expense insurance companies out there that are well informed about Schizophrenia and other mental illnesses and will welcome anyone with mental illness issues.

These top-shelf insurance companies have insurance policies that are designed for clients with mental illnesses and can offer the lowest payment costs with immediate insurance coverage.

How To Get The Best Final Expense Insurance For Clients With Schizophrenia

Obviously, like everybody else, you would want to pay less and get immediate insurance coverage starting from day 1.

Insurance companies will require you to undergo the bipolar disorder life insurance underwriting process. These are just simple questions regarding your health and medication history to find out the severity of your mental health.

Applying For Life Insurance With Schizophrenia

Common Questions About Your Health

First, it would be important if you or a loved one have assistance while answering underwriting questions from insurance companies.

Every insurance company has different ways of asking about Schizophrenia, these are mostly the common questions asked:

  • Have you been diagnosed with Schizophrenia in the last 24 months?
  • Have you been hospitalized due to anxiety, depression, or any mental illness in the last 24 months?
  • Have you been diagnosed or treated for severe depression or mood disorder in the last 24 months?
  • Have you been diagnosed or treated for any form of psychosis in the last 24 months?

This is where we can expertly help you. If you can call us now and provide us with these details, our Final Expense Insurance Specialists can expertly shop around for you to get the best insurance policy from top-rated A+ insurance companies.

Burial Insurance Schizophrenia Underwriting

Medications That Other Insurance Companies Look Out For

Does seeing a psychiatrist affect life insurance? No. As a matter of fact with any health illness, with a healthy lifestyle, the key to managing Schizophrenia is to communicate with your doctor well and precisely follow your doctor’s treatment plan. Also communicate and transparency with your whole life insurance agent will be a great help.

When it comes to insurance companies that are strict with Schizophrenia, these are the medications that they watch out for.

  • Aripiprazole (Abilify for depression and anxiety)
  • Asenapine (Saphris)
  • Brexpiprazole (Rexulti)
  • Cariprazine (Vraylar)
  • Chlorpromazine
  • Clozapine (Clozaril)
  • Fluphenazine
  • Haloperidol
  • Iloperidone (Fanapt)
  • Lurasidone (Latuda)
  • Olanzapine (Zyprexa)
  • Paliperidone (Invega)
  • Perphenazine
  • Quetiapine (Seroquel)
  • Risperidone (Risperdal)
  • Ziprasidone (Geodon)

Can You Get Life Insurance With Mental Illness

How Final Expense Insurance Companies Would Offer Insurance Plans Depending On Your Underwriting Process Results

Highest payment cost with a minimum of 24 months waiting time period

Every insurance company has different guidelines about this. Insurance companies may charge 30 to 60% more as monthly payments. The waiting time period is usually a minimum of 24 months.

The waiting time period is usually called a “graded time period” this is the opposite of “immediate insurance coverage” (where they pay the FULL benefit amount even if you pass away on the first day).

A waiting time period means they can only pay the full amount if you pass away after 24 months. If you pass away within the waiting time period, they will just refund all paid premiums with usually 10% interest.

High Payment Cost With A PARTIAL Waiting Time Period

In this offer, they will only charge about 15 to 40% more. The waiting period comes in an arrangement where if you pass away within the first 12 months, you will get a 30 to 40% percentage of the full death benefit.

Then if you pass away after 12 months but within the 24 months, they will pay out 70 to 80%. After 24 months, if you pass away, your beneficiaries will get the full face benefit amount.

Lowest Payment Costs With NO Waiting Time Period

So this means the lowest possible monthly payments with immediate insurance coverage from day 1. You will get the full death benefit amount at the beginning of your plan and pay like someone who’s perfectly healthy.

With schizophrenia life insurance, these are usually the top-rated A+ insurance companies that have policies designed for someone with Schizophrenia or other mental illnesses.

Mental Health Diagnosis And Life Insurance

Hospitalization for Schizophrenia

To simply put, some insurance companies will decline or put you into a higher cost of payment with a waiting time period (as mentioned above).

These insurance companies do not have final expense insurance plans designed for someone who was hospitalized for any mental illnesses, especially Schizophrenia.

On the other hand, if you are in touch with high-level Final Expense Insurance Specialists like the ones we have here at InsuranceForBurials.com, you will only be given options from the country’s highest-rated insurance companies. In addition, these companies have the best insurance plans fitted for Schizophrenia or other mental illnesses.

Again, the policy offers from them means the LOWEST COST and with NO waiting time period.

How To Find The Best Burial Or Final Expense Insurance For Clients With Schizophrenia

How we here at InsuranceForBurial.com can help you find the best final expense insurance possible.

We are formed by a team of highly trusted and accomplished final expense insurance specialists that has a passion to find the best possible burial insurance policy for anyone who has Schizophrenia or other mental illnesses.

InsuranceForBurial.com have over 26 years of experience helping insurance clients and are licensed in 49 states.

We only offer the best policies to Schizophrenia clients from top-rated A+ insurance companies with innovative additional features at no extra costs.

What we only need from you is your trust and a little bit of your time on the phone to ask you important details about your pre existing health and your current situation with any mental illnesses.

Talk to us now! We promise you a simple no non-sense interview process with no pressure. The top burial insurance companies offer same day instant approval!

Frequently Asked Questions

Is life insurance available to people with bipolar disorder?

Bipolar disorder shouldn’t make it impossible for you to get life insurance. If you have mental health conditions, you may need to answer additional questions, such as whether your illness is controlled and for how long. Besides hospitalization history, treatment plan, occupational and social functioning, underwriters also consider these factors to determine your rate and approval.

Are anxiety-related life insurance policies denied?

Your anxiety can be denied life insurance if it is not well managed and affecting your ability to do your job and participate in life. Life insurance can be purchased, however, if you follow your doctor’s treatment plan and manage your anxiety appropriately. Depending on the company and its underwriting guidelines, you may even qualify for some of the best life insurance rates if you are otherwise healthy.

How do insurance companies know if you have a pre-existing condition?

When you apply for life insurance, you must sign the application for it to be reviewed for coverage. When you sign the application, you agree to have your medical records reviewed by the underwriters unless you choose a guaranteed issue life policy. Even if you apply for coverage without a medical exam, your doctor’s records and MIB profile will still be checked before the company extends an offer of coverage.

What makes you ineligible for life insurance?

Insurers may deny life insurance applications for a number of reasons. You can be denied coverage if you lie on your application, fail to meet age or health requirements, have a pre-existing condition such as cancer or heart disease, or drive too much. You may also be denied a life insurance policy if you have a criminal record, file for bankruptcy, test positive for drug use or engage in risky behaviors.


If you’re like most people, the idea of getting buried is a scary thought. The mystery and uncertainty related to how your body will be cared for after death can make it seem even more daunting.

A burial insurance plan offers peace of mind in this uncertain time by providing financial coverage when someone passes away. There are several plans that cover all sorts of burials – from cremation or traditional ground burial to niche services such as green burial, where bodies are placed into biodegradable caskets that return the body back to nature with minimal disruption to soil ecosystems.

With so many options available these days, there’s no excuse not to have one! To get started finding out which type is best for you.

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