How To Get Life Insurance With Pre Existing Conditions in 2023
Posted in Burial Insurance For Seniors last updated on January 9, 2023It’s not all sunshine and rainbows when it comes to life insurance with pre existing conditions.
There are many different life insurance types, but each has unique rules, benefits, exclusions, and limitations.
As a result, it can be challenging for consumers to find life insurance for seniors with pre existing conditions and make an informed decision about which type is the best match for their needs.
In fact, having your mailbox inundated with index cards for guaranteed issue life insurance with a waiting period makes it more confusing. You want to make sure you can find affordable life insurance.
You must know the best coverage options if you are in good health. So locking up the best life insurance policy for pre existing conditions is vital.
Overall, you may think it’s impossible to get immediate day-one coverage with a preexisting condition.
At InsuranceForBurial.com, we will guide you and show you the best life insurance plan available at affordable premium payments.
Read on, and I hope this makes this article helpful.
Article Navigation
- Why Do I Need Life Insurance For A Pre Existing Condition
- Life Insurance For Seniors With Pre Existing Conditions
- Best Insurance Policy For A Pre Existing Condition
- How To Get The Best Life Insurance Quotes For PreExisting Medical Conditions
- What Does Final Expense Insurance For PreExisting Medical Conditions Cost
- How To Qualify For Burial Insurance With Pre-Existing Conditions
- What Are The Cheapest Life Insurance Quotes With PreExisting Health Conditions
- Can You Get Life Insurance With Pre-Existing Conditions
- Applying For Life Insurance For Pre Existing Medical Conditions
- Prescription History Burial Insurance Policy Application
- What is a MIB File
Why Do I Need Life Insurance For A Pre Existing Condition
What Is Final Expense Insurance
Are there any life insurance companies that cover pre-existing conditions?
Do you have a pre-existing condition!?
I am sure you have many more questions, NO PROBLEM! That is Right!!! It is no problem. Get a policy Today with pre-existing qualifying conditions with Day One Coverage!
Why is it essential to have funeral insurance coverage?
Fun funeral expenses can be a heavy burden on your family when you pass away.
Next, you are wondering right off the bat, Can YOU get life insurance with a pre-existing condition?
Yes! First, this is a burial insurance policy or, as some call it, final expense or funeral insurance like above.
Not only can you get affordable burial insurance, but you can also qualify and have approval and policy on the same day!
What Are Considered Final Expenses
Final expenses include anything from medical bills, debt owed, funeral costs, casket, travel expenses, and more.
Do you want to cripple your family in the event of your death financially?
I am sure the answer to that is NO! For that reason, I know you are curious about…
The scoop on Same Day Approval Burial Life Insurance Coverage (funeral insurance?)
However, you are faced with some pre-existing health conditions. You may be overwhelmed and wondering how I get life insurance with a pre-existing condition.
With these thoughts and many questions in mind, I am here to tell you, You CAN get coverage, It is possible, and we will hold your hand throughout the entire process!
But, before we get right into the nitty-gritty, I find it helpful to review some commonly asked questions by many of our clients.
Life Insurance For Seniors With Pre Existing Conditions
Here are some commonly asked questions on how to get the best life insurance policy for pre-existing medical conditions.
Is there a medical exam required for same-day approval of burial insurance?
NO, there is no medical exam required with final expense life insurance. Even life insurance for seniors over 70 NO MEDICAL EXAM! 😉
(If you were applying for a traditional life insurance plan such as, a term life insurance policy, then you would be required to have a medical exam scheduled.)
What type of life insurance is this?
Actually, Same Day Instant Approval final expenses insurance is a simplified whole life policy. No medical exam life insurance to be exact.
The type of insurance companies that offer this type of policy are some you may be familiar with, such as Mutual of Omaha, Royal Neighbors, and Prosperity Life Group to just name a few. No exam life insurance is the most simple simplified whole life policy for our seniors!
What is the application process like for same-day instant approval funeral insurance?
First, we qualify you. Second, we decide how much of a death benefit you would need.
Third, we go over the insurance rates with you, this way you will know what to expect to pay in monthly premiums.
Finally, we proceed with the application via, same day approval process. This could be “Voice Signature” or “Email Signature”. This is sameday insurance!
Will the burial life insurance company ask me questions about my health problems?
Yes! With any/all types of insurance applications you will be asked a few health related questions.
Before any issue of a policies are processed whether it’s a high risk condition or not, the carrier will need to be aware of your history.
Best Insurance Policy For A Pre Existing Condition
Getting the best burial insurance when you have a pre-existing condition is easy to get. Here are the basics on how!
To clarify above, this is normal procedure. You must be very honest and to the point. Only answer the questions that are asked, most questions are a yes or no answer.
In rare cases you may qualify with a guaranteed issue policy. Guraranteed whole life insurance no medical exam no health questions asked. (We will get into that more later in our article.)
If you have pre-existing conditions such as COPD then AETNA Accendo is a top option.
How To Get The Best Life Insurance Quotes For PreExisting Medical Conditions
- How do you qualify for same-day approval burial insurance for seniors, and what is required of you?
- There are many common health impairments/conditions. We will review how the insurance carrier will look at you. Remember, there is no “One Size Fits All” in burial insurance.
- Ultimately, insuranceforburial.com will guide you through the step-by-step process of same-day instant approval. The best thing since sliced bread!
Here is a TIP: Royal Arcanum’s graded policy is an excellent alternative to a guaranteed issue policy if you are in the right residing state.
Burial Life Insurance Policies Without A Medical Exam
Can you get life insurance with pre-existing conditions?
How do I qualify for final expense burial insurance with same-day approval?
Again, final expense life insurance helps cover the cost of your funeral expenses. A final expense policy protects your loved ones from financial stress Today!!!
Obviously, this is a significant relief for your family as funeral expenses, and funeral home expense is a tremendous financial burden on your family.
In addition, there is no waiting period. Same-day approval is precisely that. Once you qualify, in less than 30 minutes, by the end of a phone call, you will have instant coverage.
What Does Final Expense Insurance For PreExisting Medical Conditions Cost
The type of policy you qualify for and what your monthly premiums will be monthly will be determined by the following factors:
- Age
- Health
- Prescriptions you are currently taking
- Prescription history plays a role as well
It is extremely important to be transparent with your agent. This is key because they will be able to isolate the carriers you qualify for and give you accurate information and rates.
Who is a final expense policy suitable for? YOU! These are uncertain times, especially with COVID-19. Now, more than ever, peace of mind for our clients is their number one priority.
We have adult children calling to get their parents’ final expense insurance. They know they will be the ones to take on this financial burden when their parents pass away. Protect yourself today for your tomorrow.
Many carriers, such as Royal Neighbors of America, have changed their guidelines. You don’t want to kick the can too long as times get more uncertain, and more carriers may follow suit.
Can You Be Denied Life Insurance For High Blood Pressure
Is High Blood Pressure a pre-existing condition? Yes and No. High blood pressure is a pre-existing condition.
However, most insurance companies are lenient as long as you are not taking multiple medications in combination with multiple fluid retention medications.
Can you be denied life insurance for a pre-existing condition? Yes, But wait! Do Not Fret! When one carrier denies you, there is always another one that will not. Follow your agents lead and they will find you best coverage for your needs!
In the eyes of the insurance carrier, this is a risk of a few health impairments, such as Congestive Heart Failure.
How do insurance companies know if you have a pre-existing condition? Be very specific and transparent with your agent when you review your medical history.
Transparency is vital for your agent to help get you the coverage you need and want and be able to protect your loved ones.
Although there is no medical exam, and no nurse comes to your home, there are prescription checks and some underwriting and qualifying when you and your agent submit your application.
Read What Our Clients Say About Us
How To Qualify For Burial Insurance With Pre-Existing Conditions
Pre-existing conditions can be frustrating in themselves. Finding insurance coverage that will accept you can be equally frustrating, but as discussed throughout this article, it is not impossible.
Overall, there is a product for everyone; it is just a matter of determining your pre-existing conditions and the carrier who specializes in that condition.
Some examples of who and which carrier will qualify are based on life insurance with pre-existing medical conditions.
*Keep in mind this is for medical conditions alone. Treatment and combo medications may alter the rating class.
Best Life Insurance Policy For Pre Existing Conditions
| Pre-Existing Condition | Best Carrier | Rate Class |
|---|---|---|
| Abdominal aortic aneurysm (Corrected) | Mutual of Omaha (Living Promise) | Level |
| Abdominal aortic aneurysm (Not corrected) | Mutual of Omaha (Living Promise) | Level |
| Addison’s Disease | Mutual of Omaha (Living Promise) | Level |
| ADHD | Mutual of Omaha (Living Promise) | Level |
| ADLs – Activities of Daily Living (Eating, Bathing, Dressing, etc) | Royal Neighbors | Level |
| AIDS | Prosperity (PrimeTerm to 100) | Graded |
| Alcohol Abuse / Drug Abuse | Mutual of Omaha (Living Promise) | If treated within 2 years, Graded |
| Allergies | Mutual of Omaha (Living Promise) | Level |
| ALS (Lou Gehrig’s Disease) | Prosperity (PrimeTerm to 100) | Graded |
| Alzheimer’s / Dementia | Royal Arcanum (Graded Benefit) | Graded |
| Amputation Due to Accident | Royal Arcanum (SIWL) | Level |
| Amputation Due to Cancer | AIG | Guaranteed Issue |
| Amputation Due to Cancer (After 2yrs) | Liberty Bankers | Level |
| Amputation Due to Diabetes | Royal Arcanum (Graded Benefit) | Graded |
| Amputation Due to Non-Diabetic Disease | Royal Arcanum (SIWL) | Level |
| Amyloidosis | Foresters (PlanRight) | Standard |
| Angina (Chest Pain within 2yrs) | Mutual of Omaha (Living Promise) | If treated within 2 years, Graded |
| Angina (Chest Pain after 2yrs) | Mutual of Omaha (Living Promise) | Level |
| Angioplasty within 1 year | Guarantee Trust Life | Graded |
| Angioplasty between 1yr and 2yrs | CVS (Aetna Accendo) | Standard |
| Angioplasty after 2yrs | Mutual of Omaha (Living Promise) | Level |
| Ankylosing Spondylitis | Mutual of Omaha (Living Promise) | Level |
| Anxiety Disorder | Mutual of Omaha (Living Promise) | Level |
| Appendicitis | Mutual of Omaha (Living Promise) | Level |
| ARC (Aids Related Complex) | Prosperity (PrimeTerm to 100) | Graded |
| Artery Disease | Mutual of Omaha (Living Promise) | Level |
| Assisted Living Facility | Royal Neighbors | Level |
| Asthma (Chronic) | Royal Neighbors | Level |
| Asthma (Mild) | Royal Neighbors | Level |
| Atrial Fibrillation (AFIB) | CVS (Aetna Accendo) | Level |
| Autism (High Functioning) | Mutual of Omaha (Living Promise) | Level |
| Autism (Severe) | Liberty Bankers | Level |
| Awaiting Results from Diagnostic Testing | Liberty Bankers | Level |
| Awaiting Surgery | Guarantee Trust Life | Graded |
| Barlow’s Syndrome | CVS (Aetna Accendo) | Level |
| Basal Cell Carcinoma | Mutual of Omaha (Living Promise) | Level |
| Basal Cell Skin Cancer | Mutual of Omaha (Living Promise) | Level |
| Basedow’s Disease | Mutual of Omaha (Living Promise) | Level |
| Bell’s Palsy | Mutual of Omaha (Living Promise) | Level |
| Bipolar Disorder | Liberty Bankers | Level |
| Black Lung | CVS (Aetna Accendo) | Level |
| Bladder Pain | Mutual of Omaha (Living Promise) | Level |
| Bladder Pain (Chronic) | Mutual of Omaha (Living Promise) | Level |
| Bone Marrow Transplant | Royal Neighbors | Level |
| Brain Tumor (Not Removed, Benign) | Mutual of Omaha (Living Promise) | Level |
| Brain Tumor (Not Removed, Malignant) | Royal Arcanum (Graded Benefit) | Graded |
| Brain Tumor (Removed, Benign) | Mutual of Omaha (Living Promise) | Level |
| Brain Tumor (Removed, Malignant) | Royal Arcanum (Graded Benefit) | Graded |
| Bronchitis (Acute) | Mutual of Omaha (Living Promise) | Level |
| Cardiac ablation | CVS (Aetna Accendo) | Level |
| Cardiomyopathy | CVS (Aetna Accendo) | Level |
| Cardioversion Treatment | CVS (Aetna Accendo) | Level |
| Cerebral aneurysm (Corrected) Within 2yrs/Over 2yrs | CVS (Aetna Accendo)/Mutual of Omaha (Living Promise) | Level |
| Cerebral aneurysm (Not corrected) | American Amicable (Senior Choice) | Level |
| Cerebral Palsy | Mutual of Omaha (Living Promise) | Level |
| Chemotherapy (Current) | Royal Arcanum (Graded Benefit) | Graded |
| Chemotherapy (Past) If Over 2yrs | CVS (Aetna Accendo) | Level |
| CHF (Congestive Heart Failure) within 2yrs/after 2yrs | Royal Arcanum (Graded Benefit)/Prosperity (New Vista) | Graded/Level |
| Chronic Obstructive Pulmonary Disease (COPD) | CVS (Aetna Accendo) | Level |
| Chronic Pain | Mutual of Omaha (Living Promise) | Level |
| Chronic Pancreatitis | Mutual of Omaha (Living Promise) | Level |
| Circulatory Disease | Mutual of Omaha (Living Promise) | Level |
| Circulatory Surgery (Heart or brain) within 1yr/2-3yrs/over 3yrs | GTL/CVS (Aetna Accendo)/Mutual of Omaha (Living Promise) | Graded/Level |
| Circulatory Surgery (Other) | Mutual of Omaha (Living Promise) | Level |
| Cirrhosis (Stage A or B) | Foresters (PlanRight) | Level |
| Cirrhosis (Stage C) | Foresters (PlanRight) | Level |
| Claudication | Mutual of Omaha (Living Promise) | Level |
| Clogged Arteries | Mutual of Omaha (Living Promise) | Level |
| Coronary Artery Bypass Surgery (Within 1yr/1-2 yrs/over 3yrs) | GTL/CVS (Aetna Accendo)/Mutual of Omaha (Living Promise) | Graded/Level |
| Coronary Artery Disease (CAD) | CVS (Aetna Accendo) | Level |
| COVID-19 (Active) | Mutual of Omaha (Living Promise) | Level |
| COVID-19 (Awaiting test results) | Mutual of Omaha (Living Promise) | Level |
| COVID-19 (Carrier specific questions) | Mutual of Omaha (Living Promise) | Level |
| CPAP Machine Use (with oxygen canister) | Mutual of Omaha (Living Promise) | Level |
| CPAP Machine Use (without oxygen canister) | Mutual of Omaha (Living Promise) | Level |
| Crohn’s Disease | Mutual of Omaha (Living Promise) | Level |
| Current Cancer (excluding basal/squamous cell skin cancer) | Royal Arcanum (Graded Benefit) | Graded |
| Declined for other insurance | Mutual of Omaha (Living Promise) | Level |
| Defibrillator (under 1 yr/1-2 yrs/over3 yrs) | Royal Arcanum (Graded Benefit)/CVS (Aetna Accendo)/Mutual of Omaha (Living Promise) | Graded/Level |
| Dehydration | Mutual of Omaha (Living Promise) | Level |
| Dermatological Treatment | Mutual of Omaha (Living Promise) | Level |
| Diabetes (No Complications) | Mutual of Omaha (Living Promise) | Level |
| Diabetic Coma (As Long as A1C is not over 10%) | Foresters (PlanRight) | Level |
| Diabetic Nephropathy (Kidney) | Mutual of Omaha (Living Promise) | Graded |
| Diabetic Neuropathy (Nerve) | Royal Neighbors | Level |
| Diabetic Retinopathy (Eye) | Royal Neighbors | Level |
| Diarrhea | Mutual of Omaha (Living Promise) | Level |
| Disability | Mutual of Omaha (Living Promise) | Level |
| Ear Infection | Mutual of Omaha (Living Promise) | Level |
| Eczema | Mutual of Omaha (Living Promise) | Level |
| Edema (fluid retention) | Mutual of Omaha (Living Promise) | Level |
| Emphysema | CVS (Aetna Accendo) | Level |
| Encephalopathy | Mutual of Omaha (Living Promise) | Level |
| Enlarged Heart | Mutual of Omaha (Living Promise) | Level |
| Enlarged Prostate | Mutual of Omaha (Living Promise) | Level |
| Facial Nerve Disorder | Mutual of Omaha (Living Promise) | Level |
| Fibromyalgia | Mutual of Omaha (Living Promise) | Level |
| Gallstones | Mutual of Omaha (Living Promise) | Level |
| Gastrointestinal Infection | Mutual of Omaha (Living Promise) | Level |
| Gaucher’s Disease | Mutual of Omaha (Living Promise) | Level |
| GERD (Acid Reflux) | Mutual of Omaha (Living Promise) | Level |
| Glaucoma | Mutual of Omaha (Living Promise) | Level |
| Gonorrhea | Mutual of Omaha (Living Promise) | Level |
| Grave’s Disease | Mutual of Omaha (Living Promise) | Level |
| Guillain-Barre Syndrome | Mutual of Omaha (Living Promise) | Level |
| Hashimoto’s Disease | Mutual of Omaha (Living Promise) | Level |
| Heart Arrhythmia | Royal Neighbors | Level |
| Heart Attack (Within 1 yr/1-2yrs/over 2yrs | Mutual of Omaha (Living Promise)/CVS (Aetna Accendo) /Mutual of Omaha (Living Promise) | Graded/Level |
| Heart Blockage | Mutual of Omaha (Living Promise) | Level |
| Heart Catheterization | Mutual of Omaha (Living Promise) | Level |
| Heart Disease | CVS (Aetna Accendo) | Level |
| Heart Murmur (Functional) | CVS (Aetna Accendo) | Level |
| Heart Murmur (Innocent) | Mutual of Omaha (Living Promise) | Level |
| Heart Surgery (under 1 yr/1-2 yrs/over 2yrs) | Guarantee Trust Life/CVS (Aetna Accendo) | Graded/Level |
| Heart Valve Surgery | Guarantee Trust Life/CVS (Aetna Accendo) | Graded/Level |
| Heartburn | Mutual of Omaha (Living Promise) | Level |
| Hemophilia | Mutual of Omaha (Living Promise) | Level |
| Hemorrhagic Stroke | Mutual of Omaha (Living Promise) | Graded |
| Hepatitis A (Chronic) | Mutual of Omaha (Living Promise) | Level |
| Hepatitis A (Cured) | Mutual of Omaha (Living Promise) | Level |
| Hepatitis B (Chronic) | Mutual of Omaha (Living Promise) | Level |
| Hepatitis B (Cured) | Mutual of Omaha (Living Promise) | Level |
| Hepatitis C (Chronic) | Foresters (PlanRight) | Level |
| Hepatitis C (Cured) | Foresters (PlanRight) | Level |
| High Blood Pressure (Pulmonary) | Mutual of Omaha (Living Promise) | Level |
| Hodgkin’s Lymphoma (Current) | Royal Arcanum (Graded Benefit) | Graded |
| Hodgkin’s Lymphoma (Past) (0-24 months/Over 24 months) | Royal Arcanum (Graded Benefit)/RNA | Graded/Level |
| Home Health Care | Royal Neighbors | Level |
| Hospitalization | TBD | TBD |
| Huntington’s Disease (If ADL’s/No ADL’s) | Royal Arcanum (Graded Benefit)/American Amicable (Senior Choice) | Graded/Level |
| Hypertrophic Cardiomyopathy (within 1yr/1-2 yrs/Over 2yrs) | Mutual of Omaha (Living Promise)/CVS (Aetna Accendo) | Graded/Level |
| Hyponatremia | Mutual of Omaha (Living Promise) | Level |
| Idiopathic thrombocytopenic purpura | Mutual of Omaha (Living Promise) | Level |
| Illegal Drug Use | Royal Neighbors | Level |
| Influenza A | Mutual of Omaha (Living Promise) | Level |
| Insomnia | Mutual of Omaha (Living Promise) | Level |
| Intracerebral Hemorrhage (Under 1yr/1-2 yrs/Over 2yrs) | GTL/CVS (Aetna Accendo)/MOO | Graded/Level |
| Iron Deficiency Anemia | CVS (Aetna Accendo) | Level |
| Irregular Heartbeat | Royal Neighbors | Level |
| Irritable Bowel Syndrome (IBS) | Mutual of Omaha (Living Promise) | Level |
| Kidney Dialysis (Current treatment/Over 1yr/Over 2yrs) | Royal Arcanum (Graded Benefit)/Foresters (PlanRight) /CVS (Aetna Accendo) | Graded/Level |
| Kidney Disease (Stage 1) (Under 2yrs/Over 2yrs) | Foresters (PlanRight)/CVS (Aetna Accendo) | Level |
| Kidney Disease (Stage 2) (Under 2yrs/Over 2yrs) | Foresters (PlanRight)/CVS (Aetna Accendo) | Level |
| Kidney Disease (Stage 3) (Under 2yrs/Over 2yrs) | Foresters (PlanRight)/CVS (Aetna Accendo) | Level |
| Kidney Disease (Stage 4) (Under 2yrs/Over 2yrs) | Foresters (PlanRight)/CVS (Aetna Accendo) | Level |
| Kidney Disease (Stage 5) (Under 2yrs/Over 2yrs) | Foresters (PlanRight)/CVS (Aetna Accendo) | Level |
| Kidney Failure | Foresters (PlanRight) | Level |
| Lambert-Eaton Myasthenic Syndrome | Mutual of Omaha (Living Promise) | Level |
| Leukemia (Current) | Royal Arcanum (Graded Benefit) | Graded |
| Leukemia (Past) (Under 1yr/1-2yrs/Over 2yrs) | Royal Arcanum (Graded Benefit)/CVS (Aetna Accendo) | Graded/Level |
| Liver Disease (Cirrhosis/No cirrhosis) | Foresters (PlanRight) /Mutual of Omaha (Living Promise) | Level |
| Liver Failure | Foresters (PlanRight) | Level |
| Malaria | Mutual of Omaha (Living Promise) | Level |
| Male Pattern Baldness | Mutual of Omaha (Living Promise) | Level |
| Melanoma (Current) | Royal Arcanum (Graded Benefit) | Graded |
| Melanoma (Past) (Under 2yrs/Over 2yrs) | Royal Arcanum (Graded Benefit)/CVS (Aetna Accendo) | Graded/Level |
| Menopause | Mutual of Omaha (Living Promise) | Level |
| Mental Incapacity | Royal Arcanum (Graded Benefit) | Graded |
| Migraines | Mutual of Omaha (Living Promise) | Level |
| Mitral Valve Prolapse | CVS (Aetna Accendo) | Level |
| Mountain Sickness | Mutual of Omaha (Living Promise) | Level |
| MRSA Infection | Mutual of Omaha (Living Promise) | Level |
| Multiple Myeloma (Current) | Royal Arcanum (Graded Benefit) | Graded |
| Multiple Myeloma (Past) (Under 2yrs/Over 2yrs) | Royal Arcanum (Graded Benefit)/CVS (Aetna Accendo) | Graded/Level |
| Muscle Spasms | Mutual of Omaha (Living Promise) | Level |
| Muscular Dystrophy | Mutual of Omaha (Living Promise) | Level |
| Myasthenia Gravis | Mutual of Omaha (Living Promise) | Level |
| Myocarditis (Under 1yr/1-2yrs/Over 2yrs) | Royal Arcanum (Graded Benefit) /CVS (Aetna Accendo)/Mutual of Omaha (Living Promise) | Graded/Level |
| Narcolepsy | Mutual of Omaha (Living Promise) | Level |
| Nausea | Mutual of Omaha (Living Promise) | Level |
| Nerve Damage | Mutual of Omaha (Living Promise) | Level |
| Neuropathy (Non-Diabetic) | Mutual of Omaha (Living Promise) | Level |
| Non-Hodgkin’s Lymphoma (Current) | Royal Arcanum (Graded Benefit) | Graded |
| Non-Hodgkin’s Lymphoma (Past) (Over 2yrs) | CVS (Aetna Accendo)/Royal Neighbors | Level |
| Ocular Pemphigoid | Mutual of Omaha (Living Promise) | Level |
| Organ Transplant (Awaiting) | Royal Arcanum (Graded Benefit) | Graded |
| Organ Transplant (Completed) (Over 2yrs) | Prosperity (New Vista) | Level |
| Osteoarthritis | Mutual of Omaha (Living Promise) | Level |
| Overactive Bladder | Mutual of Omaha (Living Promise) | Level |
| Oxygen (Sleep apnea use only) | Mutual of Omaha (Living Promise) CVS (Aetna Accendo | Level/Preferred |
| Pacemaker | CVS (Aetna Accendo | If implanted within 1 year, Modified, between 1 and 2 years ago, Standard |
| Paget’s disease of the bone | Mutual of Omaha (Living Promise) CVS (Aetna Accendo Royal Neighbors | Level/Preferred |
| Pain | Mutual of Omaha (Living Promise) CVS (Aetna Accendo Royal Neighbors | Level/Preferred |
| Pancreatic Insufficiency | Mutual of Omaha (Living Promise) CVS (Aetna Accendo Royal Neighbors | Level/Preferred |
| Panic Disorder | Mutual of Omaha (Living Promise) CVS (Aetna Accendo Royal Neighbors | Level, Preferred |
| Paralysis | Royal Neighbors | Level |
| Paraplegia | Great Western | Plus |
| Parkinson’s | CVS (Aetna Accendo) Royal Arcanum | Standard/Graded |
| Parole / Probation | Mutual of Omaha (Living Promise) CVS Aetna Accendo Royal Neighbors | Level/Preferred |
| Past Cancer (excluding basal/squamous cell skin cancer) | Royal Arcanum | Graded |
| Pending Hospitalization | Great Western | Plus |
| Pericardial Effusion | Royal Neighbors | Level |
| Peripheral Artery Disease (PAD) | Mutual of Omaha (Living Promise) CVS(Aetna Accendo Royal Neighbors | Level/Preferred |
| Peripheral Vascular Disease (PVD) | Mutual of Omaha (Living Promise) CVS (Aetna Accendo | Level, Preferred |
| Pernicious anemia | Foresters (PlanRight) | Preferred |
| Pheochromocytoma | CVS (Aetna Accendo) Royal Neighbors | Preferred, Level |
| Plaque Psoriasis | Mutual of Omaha (Living Promise) CVS (Aetna Accendo | Level/Preferred |
| Pneumonia | Mutual of Omaha (Living Promise) CVS (Aetna Accendo Royal Neighbors | Level/Preferred |
| Postpartum Hemorrhage | Mutual of Omaha (Living Promise) CVS (Aetna Accendo | Level/Preferred |
| Pregnancy | Mutual of Omaha (Living Promise) CVS (Aetna Accendo | Level/Preferred |
| Primary Thyroid Disorder | Mutual of Omaha (Living Promise CVS (Aetna Accendo Royal Neighbors | Level/Preferred |
| Psoriasis | Mutual of Omaha (Living Promise) CVS(Aetna Accendo Royal Neighbors | Level/Preferred |
| Psoriatic Arthritis | Mutual of Omaha (Living Promise) CVS(Aetna Accendo Royal Neighbors | Level/Preferred |
| Pulmonary Embolism | Mutual of Omaha (Living Promise) CVS(Aetna Accendo | Level/Preferred |
| Pulmonary Fibrosis | Royal Arcanum | Graded |
| Pulmonary Sarcoidosis | Mutual of Omaha (Living Promise) CVS(Aetna Accendo | Level/Preferred |
| Quadriplegia | Royal Arcanum | Graded |
| Radiation Therapy (Current) | Royal Arcanum | Graded |
| Radiation Therapy (Past) | Royal Arcanum | Graded |
| Raynaud’s Syndrome | Mutual of Omaha (Living Promise) CVS(Aetna Accendo | Level/Preferred |
| Rehab Facility (Illness or Injury) | CVS (Aetna Accendo) | If Currently, Decline |
| Rehab Facility (Substance Abuse) | Foresters (PlanRight) | If treated within 2 years, Basic |
| Respiratory Failure | Royal Neighbors | Level |
| Rheumatoid Arthritis | Mutual of Omaha (Living Promise) CVS(Aetna Accendo | Level/Preferred |
| Schizophrenia | CVS (Aetna Accendo) | Preferred |
| Scleroderma | CVS (Aetna Accendo) | Preferred |
| Secondary Thyroid Disorder | Mutual of Omaha (Living Promise) | Level |
| Seizures (lifetime total of one) | CVS (Aetna Accendo) | Preferred |
| Seizures (lifetime total of two or more) | CVS (Aetna Accendo) | Preferred |
| Sickle Cell Anemia | Great Western | Plus |
| Sleep Apnea (not requiring oxygen use) | Mutual of Omaha (Living Promise) | Level |
| Sleep Apnea (requiring oxygen use) | Mutual of Omaha (Living Promise) | Level |
| Spina Bifida | Mutual of Omaha (Living Promise) | Level |
| Spinal Cord Disorder | CVS (Aetna Accendo) | Preferred |
| Spinal Stenosis | CVS (Aetna Accendo) | Preferred |
| Squamous cell skin cancer | Mutual of Omaha (Living Promise) | Level |
| Stem Cell Transplant | CVS (Aetna Accendo) | Preferred |
| Stent Placement (Heart or brain) | CVS (Aetna Accendo) | if placement within 1 year, Modified, 1 and 2 years, Standard |
| Stent Placement (Other) | Mutual of Omaha (Living Promise) | Level |
| Stomach Disorder | Mutual of Omaha (Living Promise) | Level |
| Suicide Attempt | CVS (Aetna Accendo) | Preferred |
| Terminal Illness | None | Decline |
| Thoracic aortic aneurysm (Corrected) | Mutual of Omaha (Living Promise) | Level |
| Thoracic aortic aneurysm (Not corrected) | Mutual of Omaha (Living Promise) | Level |
| Thrombocythemia | CVS (Aetna Accendo) | Preferred |
| Thrombocytopenia | CVS (Aetna Accendo) | Preferred |
| Transient Ischemic Attack (TIA or Mini-Stroke) | Royal Neighbors | Level |
| Ulcerative Colitis | Mutual of Omaha (Living Promise) | Level |
| Unexplained Weight Loss (greater than 10 pounds) | CVS (Aetna Accendo) | Preferred |
| Unexplained Weight Loss (less than 10 pounds) | CVS (Aetna Accendo) | Preferred |
| Urinary Spasm | Mutual of Omaha (Living Promise) | Level |
| Walker | Mutual of Omaha (Living Promise) | Level |
| Watchman Implant | Mutual of Omaha (Living Promise) | If treated within 1 year, Decline. If treated between 1 and 2 years ago, Graded |
| Wegener’s granulomatosis | CVS (Aetna Accendo) | Preferred |
| Wet Macular Degeneration | CVS (Aetna Accendo) | Preferred |
| Wheelchair (Confined) | Great Western | Plus |
| Wheelchair (Not Confined) | Royal Neighbors | Level |
| Wilson’s Disease | Mutual of Omaha (Living Promise) | Level |
| Wolff-Parkinson-White Syndrome | Mutual of Omaha (Living Promise) | Level |
Out of 249 health impairments, Mutual of Omaha’s Living Promise would give you a level death benefit 137 times. No wonder why they are our Go-To carrier.
They also give level coverage for seniors up to age 85!
What Are The Cheapest Life Insurance Quotes With PreExisting Health Conditions
What will the burial life insurance company look at on my application?
- Prescription history
- Your MIB records
- Finally, the answers to the health questions your insurance agent asked you.
The application takes approximately 30 minutes from start to finish. 99% of the time you will be instantly approved.
For example, based on the information provided and the information on your MIB report, the carrier will ask for some additional information. For this reason, Do Not Fret. This is normal!
Can You Get Life Insurance With Pre-Existing Conditions
Here are some of the benefits of having a burial insurance policy for preexisting medical conditions.
- Benefit amounts vary by each carrier. ($1,500-$40,000) All in All, every carrier is different.
- BURIAL INSURANCE DOES NOT REQUIRE A MEDICAL EXAM! (Traditional life insurance companies require a medical exam and have intensive underwriting guidelines. Term life insurance coverage is an example of this)
- Funeral insurance is simplified permanent life insurance. You have the coverage your entire life!
- Did You Know?! The median cost in 2019 for a burial policy for a 70-year-old female non-smoker with $10,000 in coverage is $50.81.
- IMPORTANT TO REALIZE! Any amount of coverage you choose is better than nothing. So if your goal was to purchase $20,000 in coverage to help cover your funeral costs, but you find this out of your reach financially, do not opt-out of getting coverage altogether. SOMETHING IS BETTER THAN NOTHING. Our suggestion, lower your coverage amount. This will lower your monthly premium cost, and your family will be relieved of great stress.
Applying For Life Insurance For Pre Existing Medical Conditions
Your application
So you are wondering how to get burial life insurance with pre-existing conditions?
Depending on your health issues and answers, it will depend on which type of life insurance coverage you will qualify with.
If the carrier does not ask you about your pre-existing medical condition, chances are they do not have an issue with it. You will be surprised.
Most final expense carriers like AETNA are OK with specific health problems.
For example, this is why we have the qualifying process. If one company does deny you coverage for a pre-existing health condition, they are many other burial insurance options, including same-day approval.
The beauty of insuranceforburial.com is that we shop you to multiple carriers simultaneously!
In fact, getting burial life insurance quotes with pre-existing conditions has never been easier!
Burial Life Insurance No Medical Exam or Health Questions
Life insurance with pre-existing cancer. Am I Covered?
What pre-existing conditions are not covered?
There is a level, modified, and Guaranteed issue policies. When someone faces a nonqualifying pre-existing health condition, such as COPD with oxygen use or cancer, we offer a guaranteed issue policy with no health exam and no health questions.
There is a 2-year waiting period for this type of policy. Meaning if you die from natural causes within the first two years of the policy, all premiums paid into the policy plus 10% will be paid to the beneficiary.
The full death benefit is paid to your beneficiary if you die from an accident.
After the first 24-month waiting period, it will not matter if you pass from natural causes or an accident. The full death benefit is paid to your beneficiary.
Prescription History Burial Insurance Policy Application
When you apply for life insurance… Your prescription history for life insurance applications matters!
What to expect regarding medication history and the prescription drugs you currently take or no longer take?
In fact, companies ask medical health questions during the application process. In addition, they ask for your past and current prescription list.
The insurance agent will ask you questions about your health. This information helps to determine your life insurance rates.
Remember that you do not need to take an exam for burial life insurance plans.
However, the carrier will look at your prescription databases to qualify for life coverage. A typical scenario and a possible red flag would be:
Let’s say you have been prescribed a blood pressure medicine that you are no longer taking. But you fill this prescription. As far as the burial carrier is concerned, you filled it; you must be taking it. Furthermore, if you filled this prescription, you must have the condition it is meant to treat.
What is a MIB File
MIB is the Medical Information Bureau.
When you submit any type of life insurance application with any company that partners with the MIB, the life insurance company will make a report about you to the MIB.
The information you entered on your application is on the report.
The MIB is member-owned. They have been in force since 1902.
What is the MIB’s purpose?
Simply put, during the underwriting process, you must assess and alert underwriters of any errors or misrepresentations.
The MIB does not store any of your medical records. The information on the MIB report is not from your Physicians. It is the information YOU provide on your application.
In fact, MIB is also in place to ensure you are telling the truth on your application. Be honest!
No Medical Exam Life Insurance Policies
Above all, Burial life insurance for seniors with pre-existing conditions is so vital. This ensures your loved ones will not face this burden.
Often with no medical exam life insurance, our clients ask us this question, can you get life insurance on anyone? The simple answer is No and Yes. Confusing, right?
No, you cannot get life coverage on anyone without their consent and knowledge. Yes, meaning you can as long as they are aware and consent. They would need to speak with the licensed agent.
In fact, we specialize in high-risk life insurance approvals! Those are the final expense insurance quotes Today!
Give us a call today, and we will answer all your questions. (855) 380-3300.
If you want more information on health and fitness: CLICK HERE.
Conclusion
The truth is that there are a lot of myths about burial insurance for pre-existing conditions. We hope this article has helped you dispel some misconceptions and offered insights into the realities of such policies.
If anything here sparks your interest in getting more information on protecting yourself or your loved ones from funeral expenses, we encourage you to get a quote for coverage today!
