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In Today’s Article, I’ll Show You Best Options For Guaranteed Acceptance Burial Insurance For Folks Aged 40 To 50 Years Old
Most likely, you’ve gone through some sort of health event recently. And this caused you to seek out information on final expense life insurance coverage.
Taking a guess, that health issue happened in the not-too-distant past. And you feel an urgent need to apply for life insurance coverage soon. But first, you want the facts before you make a decision on which life insurance product to go with.
Here’s An Overview Of Today’s Topics:
- What Is Guaranteed Acceptance Burial Insurance?
- How Does Burial Insurance With No Questions Asked Really Work?
- In What Circumstances Would I Need Guaranteed Acceptance Burial Insurance?
- Why Should I Apply For Guaranteed Acceptance Burial Insurance?
- Burial Insurance Rates, Age 40 to 90*
- What Companies Are The Best Options For Guaranteed Acceptance Burial Insurance?
What Is Guaranteed Acceptance Burial Insurance?
Guaranteed acceptance burial insurance (commonly called no questions asked life insurance) offers coverage without requiring answers to health questions.
Under normal circumstances, burial insurance companies ask you health questions. Why? Asking health questions results in lower premiums. And usually you quality final expense burial insurance coverage.
How Does Burial Insurance With No Questions Asked Really Work?
While burial insurance coverage with no questions asked guarantees your approval, there are some drawbacks. First, you do not have full coverage for natural causes of death until two years after the effective date of the policy.
Meaning, any cause of natural death results in your beneficiary receiving a refund of the money you paid plus a small amount of interest. Keep this in mind. Death by accident is covered fully from the first day with most guaranteed acceptance burial insurance plans.
In What Circumstances Would I Need Guaranteed Acceptance Burial Insurance?
Below is a list of the most common health ailments that result in folks between 40 and 50 to require a guaranteed acceptance whole life life insurance program for final expenses.
Severe lung disease
While many may qualify for first day coverage with chronic obstructive pulmonary disease, emphysema, and chronic bronchitis, a person using oxygen typically only qualifies for a guaranteed acceptance final expense plan.
Progressive diabetic complications
For example, severe diabetic complications, such as losing extremities to surgery, increases your likelihood for the necessity of qualifying for no questions asked life insurance.
However, if you take insulin, suffer from neuropathy, or take pill-based medication like metformin for diabetes, you may qualify for first day full coverage with a final expense life insurance program.
End stage liver and kidney problems
Current kidney dialysis, a recent diagnosis of hepatitis C or cirrhosis, usually always results in a two-year waiting period final expense whole life product.
Recent heart or circulatory events
For example, heart attacks, stents, bypasses, and aneurysms, usually result in qualifying only for no questions asked life insurance.
However, if you’ve had certain types of strokes, seizures, irregular heart rate issues, or arrhythmia, you may qualify for first day full coverage with some carriers.
Congestive heart failure
Congestive heart failure almost always results in guaranteed acceptance no-questions-asked burial insurance.
Alzheimer’s or dementia
Both cognitive memory disorders always results in a no questions asked life insurance for all people of all ages.
Not seeing your condition listed?
This may be good news!
And while I can’t promise, you may qualify for first day full coverage, if you don’t see your health ailment listed above.
Here’s how to find out.
Why Should I Apply For Guaranteed Acceptance Burial Insurance?
Allow me make the case why I think this is a bad idea.
First, we don’t know what tomorrow brings
It is quite possible that you may suffer continued disease, related or unrelated from your current diagnosis.
Therefore, that particular disease may cause you to have a much shorter life span.
Further, deciding to buy guaranteed acceptance burial insurance later will force you through a full two years before getting full coverage.
Whereas, taking the guaranteed acceptance life insurance coverage out earlier results in eliminating any potentially financial pain your family would experience, if you died earlier than expected.
Second, you’re not getting any younger
Here’s the truth. Burial insurance prices go up as you age. You might as well lock in a better rate today!
Third, you are going to die
Your death is guaranteed!
Of course, everyone’s is.
I’ve seen enough of my clients pass away unexpectedly with a guaranteed acceptance burial insurance plans.
Sure, they had health issues when they took out the coverage. But, I still didn’t expect them to die so suddenly. No one ever does.
Many of the beneficiaries end up thanking me for encouraging their loved ones for taking ou the coverage. This is despite the fact that the insured knew they’d have to wait two years before full coverage went into effect.
Imagine if my clients didn’t have the coverage. Many of their beneficiaries would have ended up footing the entire funeral bill.
Burial Insurance Rates, Age 40 to 90*
Rates For $5,000 In Burial Insurance
Rates For $10,000 In Burial Insurance
Rates For $15,000 In Burial Insurance
Rates For $20,000 In Burial Insurance
Rates For $25,000 In Burial Insurance
*Burial insurance premiums are subject to underwriting, based on rates as of 8/20/2018, from state-regulated life insurance companies offering final expense burial whole life insurance protection. Understand that in order to potentially qualify, you must submit an application to see if you’re eligible. Rates are subject to change. Give Buy Life Insurance For Burial a call at 888-626-0439 now to see what program you may qualify for.
What Companies Are The Best Options For Guaranteed Acceptance Burial Insurance?
There are a handful of insurance companies offering guaranteed acceptance burial insurance between the ages of 40 and 50. I have access to several of them. Therefore, I can help you find quality guaranteed acceptance burial insurance.
Let me help you out. Give me a call at 888-626-0439 for a no-obligation quote. Thanks for reading.