How To Get Burial Insurance With Crohn’s Disease

burial insurance with crohn's disease
How To Get Burial Insurance With Crohn’s Disease

Having Crohn’s Disease makes you second guess a lot of moves that you make in your day-to-day life. Many factors play into your decisions due to this often uncomfortable diagnosis.

With an estimated 3.1 million Americans having some diagnosed form of Inflammatory Bowel Disease (IBD), 780,000 of this is specifically Crohn’s Disease (CD).

Can I Get Burial Insurance With Crohn’s Disease?

Fortunately, one thing that you will not have to worry about is your ability to qualify for burial insurance with Crohn’s Disease. You will be eligible for coverage with this and other IBD diagnoses. Most of the best final expense insurance carriers do not ask about this condition on the application, meaning you will get the rates that someone without this diagnosis has.

Later in this article, we will recommend the premier companies to get a policy from. First, let’s cover what these plans are all about and how the qualifying process happens. This will give you an idea of what to expect when obtaining coverage.

Policy Basics

Final expense burial insurance was designed to cover funeral costs that often surprise families in a financially debilitating way.

By planning ahead and with a low monthly premium, people can secure coverage for these inevitable costs and ensure that their family is not financially burdened due to their passing.

Burial Insurance is Simplified Issue Whole Life Coverage

Simplified Issue: The process to obtain a policy is simple. Applicants will never be asked to get a medical exam to qualify, and the entire process can be done entirely over the phone in about 20 minutes.

Whole Life: This means that the policy will last for the insured’s entire life. Whole Life policies never expire, never adjust in price, and never change the amount of coverage the beneficiary will receive.

You will need to qualify to get a policy with no waiting period. However, this is not an issue for those with Crohn’s because most providers are just fine with this diagnosis.

Final Expense Insurance Benefits:

  • No Expiration
  • Coverage Lock
  • Price Lock
  • Builds Cash Value
  • No Medical Exam
  • No Waiting Period Options

crohn's disease symptoms listed on chalkboard

Underwriting Final Expense Insurance With Crohn’s

Underwriting is essentially the decision-making process. The first thing that you need to understand is that each insurance company sets its guidelines for qualifying.

The underwriting process is done by asking a series of health questions on the application. By answering favorably to these questions, you will be accepted for coverage. If you do not respond favorably, you could either be placed into a more restricted plan or denied coverage altogether.

The majority of funeral insurance applications do not ask about Crohn’s Disease.

Related conditions are listed below, however, only liver disease will negatively affect your ability to qualify for final expense insurance.

How Much Does Final Expense Insurance with Crohn’s Disease Cost?

The chart below shows pricing for people with Crohn’s who do not use any type of tobacco product. If you are a smoker or use other forms of tobacco, use the quote calculator on this page to see the monthly rates you can expect to pay.

Final Expense Insurance Quotes with Crohn’s Disease

$10,000 of Coverage

Non-Tobacco Monthly Premiums

Age Female Male
45 $23 $25
50 $25 $29
55 $28 $35
60 $33 $43
65 $41 $56
70 $53 $74
75 $72 $100
80 $98 $133
85 $136 $183

Best Life Insurance Companies With Crohn’s

It is essential to understand that the company’s below are listed for those with Crohn’s Disease only. If you are suffering from additional medical complications, please let your agent know, as it could affect your coverage options.

If you have recently been hospitalized or had surgery, this will play a role in acceptance. Please let your agent know if you have been hospitalized within the past few years, as this will limit coverage availability.

There are three main things to look into before applying for funeral insurance.

Company’s Financial Stability: Work with insurance providers with a solid financial rating. Third-party organizations assess these ratings. Having a good rating means the company is financially stable and can pay life insurance claims well into the future.

Coverage: Get coverage that begins immediately. While this is not available to everyone, it is available to people with Crohn’s Disease.

Cost: Once the above criteria have been met, always go with the lowest price because the basics of most final expense insurance plans are essentially the same.

Best Burial Insurance Companies for Crohn’s

Mutual of Omaha: This well-known and highly respected company will provide coverage with no waiting period and the lowest price.

Foresters Financial: There are no health restrictions for those with any form of IBD. In turn, the Preferred plan will be available to those who can otherwise qualify. This company is a Fraternal Benefits Organization meaning that they operate as a non-profit organization. This allows them to give back to the community and provide premium savings to the consumer.

Aetna/CVS Health: This health and life insurance provider offers excellent plans and does not ask about Crohn’s Disease on the application for funeral insurance. Meaning people with this diagnosis can get immediate coverage through their best plan.

How to Buy: Captive vs. Independent Agencies

There are two main ways to purchase life insurance in today’s market.

Captive: A captive agency can sell products from one company only. Since underwriting and pricing vary from plan to plan, working with a captive agent will not offer a wide array of burial insurance options. You may have to call around to several captive agencies to get competitive pricing.

Independent: An independent agency can represent multiple insurance companies, thus having an extensive and varied portfolio of client coverage options. This allows the agent to do most of the hard work for you, like price and acceptance guideline comparisons, to get you the most optimized coverage.

By working with an independent agency, you will save time and money.

How Willamette Life Can Help

Willamette Life is an independent agency specializing in assisting people with getting coverage for their final expenses.

By focusing on this area of expertise, our agents can optimize the coverage that you can receive since we offer so many options.

Give Willamette Life a call at 844-576-0019

four happy seniors taking selfie on beach

Final Thoughts On Burial Insurance With Crohn’s Disease

a. Getting funeral insurance with Crohn’s Disease is easy as most carriers will accept this diagnosis without reservation.

b. You will want to make sure that you apply with the lowest-cost carrier that will accept this condition.

c. To do this, work with an independent agent that knows this coverage inside and out and has several carriers and policies to choose from.

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