The quote easy quote tool on this page will show you a list of actual prices from many different final expense life insurance companies. If you have ever had an amputation due to diabetes, please call us. Most companies will not accept you, but some will.
You are probably well aware of the fact that having an amputation due to diabetes complications can make getting burial insurance VERY difficult. Heck, finding affordable final expense life insurance for diabetics can be hard to find even when you don’t have complications.
Here’s the good news.
As it turns out, you still have lots of options when it comes to burial expense insurance even after you have had an amputation from diabetes. We have many satisfied customers who have realized this vision, and we can absolutely help you too.
In this article today, we will detail exactly how insurers respond to an amputation from diabetes, and what options you’ll have. Furthermore, we will are going to show you exactly how you can find the best and most affordable burial insurance plan given your health history.
The Reality Of Burial Insurance After Amputation From Diabetes
Being totally forward about this, this health event greatly narrows you options. However, it is still VERY possible to secure affordable coverage. In some cases, you can even avoid a waiting period depending on your overall health and what state you live in.
The bottom line?
You are going to have to pay more money. This is unavoidable, and a truth you must accept. Whether you have a waiting period or not, you will be required to pay a higher premium compared to a health individual. However, your monthly payment will skyrocket. There are plans out there where you will only have to pay 10-20% more because of your diabetic amputation. That’s not that bad given the severity of this health condition.
Oh and don’t forget.
Just like all funeral insurance policies, you will not have to endure any sort of physical or medical exam to qualify.
At the end of the day, most final expense companies won’t consider you because of the diabetic amputation. Thankfully, there are some that do. The most important thing to remember is that no matter how bad your diabetes is, or how bad your health is overall, we have options for you. You may or may not have a waiting period, but that depends on your health in general. The key thing to focus on is, you can get yourself covered.
Final expense underwriting after a diabetic amputation
In all honestly, it’s very straightforward. Every insurer will want to know whether or not you have ever had an amputation due to diabetic complications. The only question is, how does each insurer respond to an applicant that has indeed had an amputation from diabetes?
Final expense life insurance companies will respond in one of three ways:
- It’s a flat decline if you have ever had an amputation due to diabetic complications.
- They will accept you, but will charge you more and subject you to a 2 year waiting period.
- They will accept you, but will charge you more without any sort of waiting period (this is ultra rare)
In most cases, it’s a flat out decline for about 97% of the insurance carriers out there. However, there are some select few companies that will accept you in spite of this condition. Our goal, would be to assess whether or not they would accept you. Here are some of the questions we would ask you specifically about the amputation.
- When exactly was the amputation(s)?
- Are you able to perform your own activities of daily living? (eating, bathing, dressing, toileting)
- Are you confined to a wheelchair? If so, is it because of the amputation or for another reason?
In addition to those questions, we would absolutely inquire about all your other health conditions. Remember, every insurance application will ask about many different health conditions. There may be companies that are totally accepting of your diabetic application, but they might not accept other conditions you deal with. In the end, we would assess your entire health profile to see if there are any companies that would accept ALL your health issues.
Remember, whether or not we can find a company that will accept you, you are going to pay more money. This is an unequivocal truth for people with a diabetic amputation in their past. With that, just remember that no matter how bad your health is, there are always options. Literally, we have companies that accept everyone, so essentially nobody is ever turned down completely.
How To Find The Best Burial Insurance After Amputation From Diabetes
Maybe you have tried to get burial insurance already, and realized how hard it can be with a diabetic amputation in your history. To be frank, you could make dozens of calls, and we are confident that you would probably not secure a policy. Let alone, secure one that is affordable. Having said that, finding the cheapest and best final expense policy is incredibly simple if you follow this formula.
To find the best burial insurance after amputation from diabetes you absolutely must work with an independent agency that specializes in high risk final expense. Furthermore, the agency must have free access to a wide variety of companies.
Here’s the deal
An agency like this will use their underwriting knowledge of diabetic life insurance to accurate assess which companies would best suit you given your diabetes history. Furthermore, because they can place you with any company that want, they can compare rates and impartially recommend whichever carrier will give you the best value.
But wait, it gets better.
Working with a broker like this won’t cost you any money, and your insurance won’t cost more because you went through a broker. Pretty sweet right?
Obviously, we highly recommend you let Choice Mutual be the agency you work with. However, if you could find another agency like us, you would probably be in good hands. At the end of the day, you have to work with an agency just like we describe. Please don’t attempt to do this on your own. You need professional assistance with this. It’s no different than seeing your doctor, lawyer, or mechanic. Let a professional go to work for you.