If you say yes to any health
question on any burial insurance application, the insurance company will at minimum charge you more money.
There's two things you need to know about the health
questions on a burial insurance application.
Honestly, the health
questions on a burial insurance application are the primary and most governing source of health related information.
Second, if you ever answer yes to
a question on any burial insurance application it will at minimum result in a higher monthly premium.
Not exact matches
A graded death benefit is offered
on burial insurance with no health
questions.
When you're looking for
burial insurance, the premiums are going to vary drastically depending
on which company that you get the quote from, this is because the
insurance company doesn't have a medical exam or health
questions to base their rates
on.
These kinds of health
questions will be present
on 98 % of
burial insurance applications.
In some cases, a
burial insurance policy will not even ask you any medical or health related
questions on the application for coverage.
If you smoke and say no to all the health
questions, Assurity can probably offer you some of the lowest priced
burial insurance on the market.
For starters, if your health is such that you would say no to all the health
questions on an underwritten
burial insurance, you should absolutely do it.
Table Rated: Clients with more serious anxiety or depression, who are (a)
on disability, or (b) have had a suicide attempt or thoughts of suicide, may still qualify for a table rate although he / she may need to consider
burial insurance or final expense policy where there are no health
questions and no medical exam.
Burial Insurance applications ask
questions such as your history of smoking, height and weight, past medical illnesses, a checklist of diseases that you or family members have, exercise habits, driving history, and so
on to gauge both your health and lifestyle.
For example, a
burial insurance policy has just a few simple health
questions on the application for coverage that will help in determining the insurability of the applicant.
In order to buy a life
insurance policy for
burial costs you may need the insured's permission, signature
on the application, and the insured person may have to answer some health
questions.
We have put together a full suite or articles that answer
questions on final expense and
burial insurance.
When you turn 50 you can count
on being bombarded with offers for final expense
insurance or
burial insurance which begs the
question, «Is that what I really need at this age?»