Understanding Common Pre-Qualification Questions For Funeral Insurance

Planning Ahead

As you plan for your future, it’s important to consider the financial impact of your passing on your loved ones. Funeral insurance, also known as burial insurance, is a type of insurance policy that provides a lump sum of money to help cover the cost of your funeral expenses. But before you can purchase a policy, you’ll need to answer some pre-qualification questions.

It’s important to understand that every insurance company has its own set of health questions. This is because different insurance companies have different criteria for accepting or rejecting different health conditions. If a health questionnaire does not ask about a specific medical issue, it’s generally an acceptable condition. For example, most burial insurance applications do not ask about blood pressure or cholesterol because these are considered acceptable health issues.

The following are some of the most common health questions you’ll encounter on most burial insurance applications:

  • Have you been diagnosed or treated for dementia or Alzheimer’s, congestive heart failure, AIDS or HIV, or metastatic cancer or end-stage renal disease requiring dialysis?
  • Are you currently wheelchair-bound, bedridden, in a nursing facility, or receiving hospice care?
  • Have you been diagnosed or treated for COPD, emphysema, hepatitis, or liver cirrhosis, chronic kidney disease, Parkinson’s, lupus, or multiple sclerosis, or bipolar disorder or schizophrenia?
  • In the last 24 months, have you had or been treated for a heart attack, stroke, or surgery on your heart or circulatory system, angina, chest pains, or irregular heartbeat, diabetic complications such as coma, insulin shock, amputation, retinopathy, or neuropathy, or cancer (except basal or squamous cell)?

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It’s important to understand that a positive answer to any of these questions could result in a decline, a higher premium, or a higher premium with a waiting period. However, it’s important to remember that a positive answer to most of these questions would still render you eligible for immediate coverage.

In conclusion, funeral insurance is an important consideration for individuals who want to ensure that their loved ones are not burdened with the financial stress of their final expenses after they pass away. By understanding the common pre-qualification questions and specific health questions on the application, you can make an informed decision about the right policy for your needs. If you have any questions or concerns, be sure to speak with a licensed insurance professional for further guidance.”