Please note that you can use the quick quote tool on this page to see real prices from many top rated burial insurance companies in your state. If you have type 1 diabetes, please call us for an accurate quote. There are companies that will definitely work with you, but some will not. We will surely let you who are the best final expense companies for you given your type 1 diabetes.
Commonly referred to as juvenile diabetes, type 1 diabetes is far less common than type 2. In fact, most type 1 diabetics are initially diagnosed prior to the age of 20. With type 1 diabetes, your pancreases produces little to no insulin. Whereas with type 2, your body becomes resistant to insulin or doesn’t make an adequate amount. Unfortunately, there is no cure for type 1 diabetes. However, modern day medicine has produced many successful ways to maintain this ailment.
It’s no mystery that it’s a challenge finding affordable final expense life insurance when you have diabetes. This is even more true when your diabetes is type 1. Notably, we have had hundreds of conversations with type 1 diabetics that searched endlessly for burial insurance with little to no success. The story is usually the same. They either face decline after decline, or they are offered extremely high prices and waiting periods.
When you have type 1 diabetes, navigating the burial insurance waters, so to speak, can be tricky. With that, our intent behind this article is to pull back the curtain on this matter. We are going to show you exactly how insurers respond to type 1 diabetes, what options you have, and how you can find the best policy. In essence, we are pouring years of experience helping diabetics, into this one article for you. You will not find a more comprehensive final expense guide online for type 1 diabetes.
So What’s The Bottom Line With Type 1 Diabetes?
At its core, there are insurance companies that are perfectly fine with this malady, and there are some that are not.
The truth is, you can absolutely find and secure quality affordable burial insurance even if you have type 1 diabetes.
But wait, it gets better.
In addition, there are some final expense carriers that will charge you the same amount of money as a person who has no diabetes at all! Remember, funeral insurance plans never ever require physical or medical exams to qualify.
Obviously, that probably sounds totally unbelievable, but it’s the truth. There are absolutely burial insurance plans out there that view type 1 diabetics just like a person who has no health issues whatsoever. If this is news to you, it’s because you have yet to deal with a professional agency like Choice Mutual that specializes in burial insurance.
How final expense companies respond to type 1 diabetes
As it the case with most health conditions, type 1 diabetes can result in one of the following three actions on behalf of the insurer. It’s important to keep in mind that each insurer will respond differently. With that, these three comprise all possible scenarios you could face due to type 1 diabetes.
- They will flat out decline you
- They will charge you more money and impose a partial or full waiting period
- They will do nothing, for they are perfectly fine with type 1 diabetes
In most cases, the majority of burial insurance companies will not accept applicants with type 1 diabetes. Unfortunately, this is just a risk that most carriers are just not prepared to accept. However, we used the word most because there are indeed companies that are totally fine with it.
How they ask about type 1 diabetes
This may sound strange, but it’s just the way it happens to work out. Technically, final expense life insurance companies don’t ask about type 1 diabetes. What we mean is, they don’t actually use the words “type 1 diabetes” in their health questionnaires. Instead, they will have questions about being diagnosed with diabetes at a certain age. For example, it’s very common for final expense companies to ask if you were diagnosed with diabetes or were taking insulin prior to the age of 50/40/30/etc. They all word the questions in their own way, and they all choose different ages. The vast majority of the insurers just want to know if you had diabetes early on in life because then it’s incredibly likely that it’s type 1.
What medications they look for
Health questions are the principal source of underwriting information for every insurer. In addition, virtually all of them will run a prescription history check. In short, they will electronically scan your entire medication history as a means to diagnose what health conditions you may be afflicted with. This is standard practice with 99% of the insurance companies out there. In the case of type 1 diabetes, they will be looking for certain medications. Additionally, they will be looking at when you took them. This data along with your date of birth will tell them with virtual certainty if you had diabetes prior to an age they may not be okay with. Here are some of the more common (there may others) medications they will be on the lookout for.
- Humulin N
Again, there may be others, but these are the most common drugs they will be on the lookout for. If they see you were taking these kinds of drugs at an age they are not okay with, they will not respond favorably. Remember, the timing is key here. As they insurance companies don’t specifically ask about type 1 diabetes, they are all concerned if you had diabetes early in life. How early, will vary by the insurance company. Some tie diabetes to age 50, and some tie it to as young as 9.
How To Find The Best Burial Insurance With Type 1 Diabetes
So now you know what they look for, how they ask about it, and how they respond. By now, you have to be wondering how you find the best final expense policy for a type 1 diabetic. It’s actually super simple, and won’t require a lot of work on your behalf. However, as a starting point, we need to clearly define what constitutes the best burial insurance for a type 1 diabetic.
The best plan is simple the one that costs the least, and goes into effect as soon as possible. It’s nothing more, and nothing less.
Now that we know what comprises the best policy, let’s talk about what to look for.
Ultimately, what you need to look for is a burial insurance plan that does not tie diabetes or insulin usage to an age. For instance, you want a plan where the questions that mention diabetes or insulin usage don’t ask about having them prior to your age of diagnosis. Ideally, you want a plan that mentions no age whatsoever.
Bear in mind, if the insurer does not mention an age when they ask about these things, it means they don’t care! It’s only an issue if the insurance company specifically mentions an age when they ask about diabetes or insulin usage.
There are indeed final expense companies that do not in any way inquire about having diabetes/insulin usage prior to a certain age. In addition, there are also companies that have various age cutoffs, and these might suffice too. For example, let’s say you starting taking insulin at 35. All the companies that ask about insulin usage prior to age 30 would be great options to consider. Since you were 35, you would say no to the questions that ask about insulin usage prior to age 30.
Here’s where it gets a bit more tricky
Now that you know what to look for in a burial insurance plan, the obvious question is- which insurance companies match this profile?
It’s at this point where the rubber meets the road. Pin pointing which exact insurance company to go with is the million dollar question. In all honestly, it could be one of many different companies. Furthermore, you alone cannot find these companies.
That may sound off putting at first, but there is a very good reason we say this. First and foremost, there are dozens and dozens of insurance companies out there that you have never once heard of. They are not on TV or in magazines, so their names are not familiar to you. They are still very trustworthy and reputable. They just don’t have a business model that involves mass media. It’s with some of these companies where your best plan is hiding. The only way you will ever know of their existence, not to mention find them, is when you deal with an agency like us.
Can you see where this is going?
You may have picked up on this. If not, we will make this very clear to you.
To find the best burial insurance with type 1 diabetes, you have to rely on the professional services of a highly experienced independent brokerage that partners with lots of insurance companies in your state. Ultimately, your broker will compare plans from each insurer in your state to identify which ones are most accepting of your type 1 diabetes. Then it’s just a matter of choosing which of those charges the least.
But here is the really cool part.
Working with an independent agency like Choice Mutual, won’t cost you any money, and your insurance will cost the same amount as it would with anyone else. There is literally nothing to lose by working with a company like us. When you think about it, working with a broker like us is just like walking through a burial insurance mall. Only instead of you walking around comparing prices, we do all the work for you. Not to mention, you tap into our vast experience dealing with all these insurance companies. Many times, we have dealt with type 1 diabetics, so we know how each insurer will respond. At this point, we can determine which carrier would be best for you after speaking with you for just a few minutes.
At the end of the day, we would identify all the final expense companies that do not ask about age when they mention diabetes. That will yield a group of companies to select from. From there, it’s just a matter of choosing which one is going to offer you the lowest price.
Don’t forget this
Obviously, this article is about type 1 diabetes and getting burial insurance in spite of this condition. It’s very important to remember that type 1 diabetes is just one piece of an overall puzzle. Every burial insurance plan will ask about a variety of health conditions. The end goal for us, is to find you which company views your health the best for all your conditions. That will very likely be the company that is the best for you.
We tell you this because there are certainly companies that are very friendly to type 1 diabetics. With that, you could have other health conditions that get in the way. This is why it’s super important we speak with. We need to know details about your entire health profile, so we can properly recommend the right company for you.