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Today’s Video Is An Official Guide To Get Life Insurance If You Are Using Oxygen Supplementation To Help In Breathing
Most likely you are here because either you or a loved one is in that situation and want some information on what your options are.
NOTE: Would you prefer me to present this information to you in video format? Watch the video below for the complete presentation on qualifying for life insurance if you are using oxygen supplementation. Enjoy!
Here’s What We’re Going To Talk About Today:
- Why Do People Use Oxygen To Supplement Breathing
- Can You Qualify For Life Insurance With Oxygen Use?
- Case Study Examples
- Types Of Insurance Are Available To People Who Take Oxygen?
- Top 5 Reasons To Purchase Burial Insurance
- Guaranteed Issue Whole Life Insurance For Oxygen Users
- Story From The Field
- How To Apply
- Burial Insurance Rates, Age 40 to 90*
- Next Steps
What exactly is supplemental oxygen use?
Let’s start off by first covering what exactly are the reasons somebody would use supplemental oxygen to breathe.
The term supplemental oxygen refers to a tank or a forced air machine with a hose that forces oxygen into the lungs through your nose to supplement breathing.
The main reasons I’ve seen to use supplemental oxygen usually revolve around progression of a serious lung disease such as COPD or bronchitis. Sometimes people who suffer congestive heart failure have low oxygen readings and need supplement. A lifetime of smoking tends to come back to you and you have to use supplemental oxygen to continue breathing efficiently.
At Buy Life Insurance for Burial, we help you find quality life insurance. If you are looking for a comprehensive broker to help you find quality life insurance, contact us for a free quote. Call us at (888) 626-0439 or submit a message at the left-hand side of the screen, and we will reach out to you within the next 24 business hours.
Can you qualify for life insurance with additional oxygen use?
The question you’re probably asking is do you even qualify for life insurance if you use supplemental oxygen. You may have had some negative experiences. The short answer mostly likely is yes.
The long answer is it depends on your age. There are products available for young and old all the way up to the age of eighty five, which we will cover in these circumstances. Most people who take oxygen to supplement their breathing are usually in the older age ranges, between forties and seventies.It does depend on the combination of other health issues too.
It’s not just one thing with one person but a series of health problems if there is the oxygen supplementation existing.
Case study examples
Smoker Worried They Won’t Be Covered
At the time, average burial fees ranged from $7,000 to $12,000; this figure included all burial-related elements, like opening and closing, service, and embalming. By age 85, all Mr. Edwards wanted was just enough to be able to afford a basic burial. He didn’t want to put a financial burden on his family after he passed away. He knew that $7,000 was the lower end of the burial fees spectrum, and it was likely it would cost closer to $12,000.
Mr. Edwards was a smoker, and he worried that he might not be eligible for life insurance coverage because of this. Previously, a family friend was not able to receive coverage because they had a history of smoking. When they met with an agent, there were denied right away. Mr. Edwards worried that he might be in the same position, but he wants to be able to take care of his burial fees. He reached out to see if he could qualify for affordable coverage, despite his smoking.
Although Mr. Edwards’ smoking would normally disqualify him for coverage, we were able to qualify him for first day full coverage after reviewing the burial insurance companies available in his area.
Identical results aren’t guaranteed, but here at Buy Life Insurance for Burial, our goal is to provide you with affordable life insurance coverage, and we work to make that happen.
Cremation Fees On A Fixed Income
Mrs. Hall, age 78, knew she wanted to be cremated after she passed away. After researching more about cremation, she realized that it would cost a few thousand dollars. The local average for cremation ranged from $3,000-$5,000 in her area.
She lived on a fixed income and didn’t know if she would be able to afford cremation fees. Mrs. Hall wanted to make sure that she wasn’t going to age out of her life insurance policy so that she knew her burial fees would be covered after she passed.
This way, her family wouldn’t have to worry about paying for final expenses, and Mrs. Hall could take care of them even after she was gone.
Luckily, we were able to get her covered. We offered her first day full coverage that she could afford on her fixed income. Buy Life Insurance for Burial prides themselves on helping you find the most affordable coverage possible, regardless of your financial situation. We cannot promise that you will have the same outcome as Mrs. Hall, but we will work with you to get you the best possible result for your unique needs.
Types of life insurance for oxygen users
Let’s take a look at what kind of program you would definitely qualify for as long as these constraints are met.
There’s one kind of life insurance option that you would qualify for. Before we get into that main thing, I like to discuss with my clients is to understand the available options and what is the best for you.
The first question you want to ask yourself is, what do you want a life insurance plan to do for you?
Do you want to cover things like final expenses? Do you want your funeral covered or a cremation? Do you want to leave money behind to a spouse so that you make sure they have something to live off of while you’re gone and their income changes; or perhaps there’s a small debt that you would like to take care of as well?
Next is what kind of budget you have in mind. I think this is really important. Probably a lot of people who are watching this are on a fixed income or the person they’re looking for is on a fixed income.
It’s important to get something that’s easily affordable and that you’re not paying too much for. There’s really, like I said, just one type of life insurance option available and that is called a Guaranteed Acceptance Whole Life Insurance program. I’m going to show you in the next slide exactly how this works so you know from, A to Z, soup to nuts and if it would be a good fit for what you’re looking for.
Interested in what you read so far? If you want to know if you qualify for life insurance/burial insurance, give us a call at (888) 626-0439. Receive a free quote now when you speak to one of our accommodating life insurance experts.
Also, you can send us a message directly to request more information. The submission box is located on the left side or bottom of the screen. We will message you back within 24 business hours and address any of your questions.
Top 5 reasons to purchase burial insurance
1. Peace of mind
Having peace of mind is an amazing thing. You know that you don’t have to worry about burial fees for the rest of your life, and you don’t have to worry about putting these fees on your family. You know that your final expenses are taken care of, and everything is put into place.
2. Final expense costs are increasing
Costs for final expense are increasing rapidly. About 20 years ago, the average burial was over $2,000 cheaper than it is now. Currently, the average burial fees are around $8,700. And, it is likely that these rates will only continue to rise. Having burial insurance accounts for this and assures that you are covered.
3. You can afford it
When you work with Buy Life Insurance for Burial, we shop around to find you the best policy for your current financial needs. Our goal is to make sure that we find you an affordable, quality insurance policy, no matter what your budget is.
4. Keep your savings
Do you have money saved up that you want to leave behind for your family? Many people buy burial insurance to ensure that those savings stay safe. They want to make sure they are taking care of their children after they are gone, and burial insurance is a great way to do it.
When you buy a burial insurance policy, it covers expenses that would typically come out of your savings. Burial insurance makes sure that there is a designated amount of money set to cover your final expenses.
5. Tailor your policy
Nobody’s situation is the same. Everyone has their own goals and needs, and your burial insurance should reflect that. Tailor your burial insurance plan to suit you with the help of a good insurance agent. Make sure that your plan fits you and accomplishes what you need it to.
Guaranteed issue whole life insurance for oxygen users
Guaranteed Issue Whole Life Insurance works like this. The good thing is that the premiums never increase. You will see some quotes here in a minute which are locked in prices that never go up. Also, the coverage never cancels due to age or health. You pay the premium, you know you have got the coverage.
But here’s the downside to any kind of Guaranteed Issue Whole Life Plan. This can also be what’s called Guaranteed Acceptance. No questions asked, any kind of language like that where no health questions evolve, all pretty much operate the same if not worse.
What I mean by that is with all Guaranteed Acceptance Life Insurance, there’s at least a minimum of two years where there’s no coverage if you die of natural causes. That’s how my plans work. Some of the others will go up to three and four years.
Accidental death is covered from the first day and also the limitation of coverage cannot exceed with most of these until $20,000 to $25,000. Now you can get more by taking out multiple coverage. I can help you with that.
But the main thing I want you to understand is that this is the only option you’ve got if you take oxygen. It doesn’t matter if the rest of your health is in perfect shape. If you’re taking oxygen now or if you have in the last 12 months, this is going to be your only option.
Let me show you some prices and options at different ages just to give you a quick idea of what the price would be for a $10,000. The price is same for a smoker or a non-smoker. I’m going to show you different prices for 60, 70 and 80 year old men and women. I’m going to zip through these real quick.
What I want you to pay special attention to is the American General Plan as well as the Gerber Life Plan. These are the two best plans to apply for coverage with their both what’s called Guaranteed Acceptance Life Insurance, just like I mentioned earlier for a $10,000 plan.
It doesn’t matter if you smoke or not, but the assumption here is you take oxygen and these would be the best price plans that I have to offer that are available to you. There’s your $10,000 if you’re 60 years old.
Let me quickly show you. If you’re 60 years old, what the signrun 60 years old and you’re looking somewhere between the mid fifties to mid sixties. If you’re 70 years old, you’re looking between the mid eighties to mid nineties.or $10,000 for an eighty year old male, you’re looking between a $175 to $250.
There are two different prices. With Gerber, the price is usually higher. That is the relevant price now. Let’s go ahead and switch this over to female starting at 50 I’m doing all this pretty quickly on the fly because this is a quick run through of the options.
Similarly, $10,000 for females between mid twenties and mid thirties for $10,000 for 60 years old. You’re looking at somewhere between a mid forties to early fifties for 10,000 at 70 years old for females for $10,000 in coverage.
Story from the field
It always surprises me how often you meet people who are getting taken advantage of in terms of their life insurance. I’ve helped thousands of people to qualify for life insurance, and I still see it. I have an example for you about this sweet couple I met in Georgia who was one of these victims.
This couple was already covered, and they had been paying for it for about six months. They were a little standoffish because they had life insurance, and they thought I was just someone trying to sell them something. Luckily, Mr. Brooks was happy with the information that I had to share and asked me to contact him in six months in case things were different then.
While I attempted to explain to him that he was being ripped off by his insurance company, Mrs. Brooks sat there quietly, and she just listened. Sadly, she didn’t say anything, and it was time for me to leave. I was disappointed because I really wanted them to understand that they were being severely overcharged for their life insurance. It was around an extra $300-$400/year.
In a turn of events, just as I was pulling out of their driveway, I see Mr. Brooks coming out of their garage. He wanted me to go over some of the points that I made again. I knew that was my chance to really communicate the problems I had seen before with their current insurance policy. By the end of the conversation, they understood how they were being exploited and really appreciated my help.
This is why you always want the people that you buy life insurance from to match your personal needs. They should understand what you really want in a life insurance policy.
How to qualify for a life insurance program
Let’s talk about if you would like to proceed and qualify for a life insurance program, what that process would be if you take oxygen and want to know how quickly you could get coverage.
A process to apply is very simple. I hope that you select an agent to work with. They are the best way to shop for the best overall quality of coverage.
I’ll nominate myself, of course. Like I said early on, I help people like you pretty much anywhere and can help you without even physically being present for you.
What we would do is just call over the phone and talk to each other. I’d run some quotes and, if it’s good for you and you like the idea, we would most likely complete your application directly on the Internet.
There’s no examination required and guaranteed issue means it’s guaranteed to be issued and would be issued immediately. Your policy would come in the mail within the next couple of days. You can set up a premium at a later date.
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.
If you like the idea of getting some kind of coverage on the books and you understand that the two year waiting period is non negotiable and would like to be fully covered, then all you need to do is give me a call or visit my website.
Call 888-626-0439 to speak with me. Otherwise you can visit, buylifeinsuranceforburial.com and get a free quote. If you liked the video, leave a comment. Please share it with anybody that uses oxygen as well to help them out. Make sure you like and subscribe.
Thank you so much for listening. Take care.
From us here at Buy Life Insurance for Burial, we hope you found this article helpful and that you enjoyed it. More importantly, we hope that you take action. We hope that you are able to get the coverage that fits your individual needs.
If you would like, we are here to help you with this. It is an easy process, and the first step takes 10 minutes or less.
Here’s what you do: Call us at (888) 626-0439. You will speak with one of our trained life insurance representatives. They are experts in the field who will tell you about your life insurance options, available program options and how they work, and they will disclose what premiums you would be paying.
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