Final Expense Insurance with Hepatitis [No Waiting Period]

final expense insurance with hepatitis
Final Expense Insurance with Hepatitis [No Waiting Period]

Whether you are in remission or still currently receiving treatments for Hepatitis, affordable Final Expense Insurance is possible to get.

There are several final expense insurance companies that will accept you no matter what your current stage of treatment.

It is key to know which companies you should be looking into, which is what this article is intended to assist with!

Final Expense Insurance with Hepatitis

First of all, let’s begin with the basics!

Final expense insurance was designed specifically with seniors in mind to assist them in affordably planning for their inevitable end-of-life expenses.

Final Expense coverage is a type of Whole Life Insurance that will last through the end of your life. This is exactly when it is intended to help your loved ones so you do not burden them financially once you are gone.

Basic Features:

  • No Expiration
  • Coverage Lock
  • Price Lock
  • Builds Cash Value
  • No Medical Exam

This is a “Simplified Issue” product which means that the underwriting process is simple when compared to other products on the market. This is why you will never be asked to get a medical exam.

senior woman picking pink dahlias

Underwriting

The underwriting process is when a company determines if it will accept your application for coverage.

It decides this by asking a series of health questions on the application and then verifying those answers with a medical background check.

The company will also review your prescription records to evaluate your recent drug history. If these reports show a drug that is constant with treating hepatitis and the company does not allow for it, you could be denied.

If a company does not ask about a certain condition on the application, they basically do not care if you have this condition and it will not affect your ability to get coverage.

There are 5 total types of Hepatitis, A, B, C, D, and E.

As it pertains to final expense insurance, companies will ask about Hep A, B, C, or liver disease as a whole.

Companies will ask about health conditions in 1 of 3 ways.

1: “Have you ever been diagnosed with Hepatitis or another liver disease?”

By asking the question in this way they want to know if you have even had this condition throughout your entire life.

2: “Have you been diagnosed with or treated for hepatitis or liver disease within the last 24 months?”

This is a very common way the question will be asked. Some companies may have a different timeline that they look into, but the minimum is usually 24 months, all the way up to 5 years.

3: They do not ask about the condition at all.

Almost all carriers ask about Hepatitis.

After asking these questions, the final expense insurance companies will move forward with either a denial or approval of coverage.

There are 4 plan types you could be approved for.

Level – Lowest costs with no waiting period

Graded – Slightly higher costs & 2-year waiting period with a percentage of the policy paid out each year until the waiting period is over at which point 100% will be paid upon the insured’s passing

Modified – Highest costs & 2-year waiting period with a return of paid premiums +10% during this time

Guaranteed Issue – Higher premiums & acceptance with no questions asked

There is no need to get a Guaranteed Issue policy unless you have other severe medical concerns that would render you “uninsurable” by insurance standards.

With current Hepatitis treatment, you are able to get Level coverage however, some companies may only accept you under a Graded or Modified plan.

It is imperative that you work with the right final expense insurance company in order to obtain immediate coverage.

Top Final Expense Insurance Companies

chalkboard with the word winner written

It is important to mention that the recommendations below are for those with Hepatitis ONLY. The plans listed are here under the assumption that you have no other outstanding health concerns.

If you have another health concern, you need to discuss this with your agent as it could affect your ability to qualify.

Foresters FinancialForesters Financial Logo black and white

Foresters Financial is the best company when it comes to having any type of Hepatitis or liver disease.

No matter when your diagnosis or last treatment was, you will be able to get coverage with no waiting period on the Standard Level plan.

3 plans are offered by this company:

Preferred Level – no waiting period & low prices

Standard Level – no waiting period & moderate prices

Basic Graded – 2-year waiting period & high prices

If you have ever had liver disease or liver condition you will be unable to qualify for the Preferred plan.

Health question:

1. Have you ever been diagnosed with, or received or been advised to receive treatment or medication for Hepatitis B or C, cirrhosis of the liver, or any other type of liver disease or condition?

If you answered “YES” you are eligible for the Standard Level plan assuming you meet the rest of the qualifying criteria.

If you answered “NO” you are eligible for the Preferred Level plan.

To see the full list of health questions and to learn more about the plans visit the “blog” section under the main menu.

Quotes:

Male

$10,000 of Coverage

Monthly Non-Smoking Premiums

Age Preferred Level Standard Level Basic Graded
45 NA NA NA
50 $32 $45 $47
55 $37 $59 $60
60 $45 $74 $74
65 $56 $93 $95
70 $73 $112 $118
75 $103 $161 $171
80 $147 $216 $259
85 $201 $308 NA
Female

$10,000 of Coverage

Monthly Non-Smoking Premiums

Age Preferred Level Standard Level Basic Graded
45 NA NA NA
50 $26 $37 $37
55 $31 $43 $44
60 $34 $50 $52
65 $43 $65 $66
70 $53 $83 $86
75 $75 $120 $132
80 $111 $167 $192
85 $166 $253 NA

Sentinel Security LifeSentinel Security Life logo black and white

With Sentinel Security Life you are able to get a true Graded policy if you have been diagnosed or received treatment within the last 5 years.

A Graded plan offers partial coverage upon policy issuance with full coverage after a waiting period. The way this works is by giving a percentage of the death benefit if the insured passes during the waiting period.

This plan comes with a 2-year waiting period with the following payout structure if the insured passes during this time.

  • Death in year 1 – 30% of policy amount to be paid
  • Death in year 2 – 70% of policy amount to be paid
  • Death in year 3 or later – 100% of policy amount to be paid

This policy would be best for you if you currently receive treatment and did not qualify for the Standard Level plan from Foresters Financial.

This company offers 3 plan types:

  • New Vantage I – Level
  • New Vantage II – Graded
  • New Vantage III – Modified

Health question:

1. Within the past 5 years, has the Proposed Insured been diagnosed or treated by a licensed member of the medical profession or taken medication for Parkinson’s Disease, Kidney Disease, kidney failure, cirrhosis, or other liver disease or any auto-immune disorder including Rheumatoid Arthritis, Systemic Lupus (SLE) or Sjogren’s?

If you answer “YES” to this question you are eligible for the New Vantage II – Graded plan.

If you answer “NO” to this question you are eligible for the New Vantage I – Level plan.

To learn more about the health requirements of this company and to see the other plans they offer visit the “blog” page that can be found under the main menu.

Quotes:

Male

Monthly Non-Smoking Premiums

$10,000 of coverage

Age New Vantage I New Vantage II New Vantage III
45 $25 $31 $37
50 $28 $38 $44
55 $34 $50 $56
60 $42 $65 $72
65 $54 $84 $93
70 $70 $110 $121
75 $97 $165 $175
80 $147 $235 $259
85 $203 $325 $396

Female

Monthly Non-Smoking Premiums

$10,000 of coverage

Age New Vantage I New Vantage II New Vantage III
45 $20 $26 $29
50 $23 $32 $36
55 $27 $38 $42
60 $34 $48 $51
65 $42 $61 $64
70 $53 $80 $85
75 $76 $121 $134
80 $108 $173 $191
85 $161 $268 $291

Royal Neighbors of AmericaRoyal Neighbors Logo black and white

If it has been over 2 years since your last treatment you are eligible for immediate coverage with the Level plan from Royal Neighbors of America.

Royal Neighbors has 2 plan types, Level and Graded.

Level – No waiting period & low premiums

Graded – 2-year waiting period & slightly higher premiums

In general, Royal Neighbors can be easier to qualify for as their qualifying health questions are more lenient.

Health question:

1. During the past 24 months, has the Proposed Insured been diagnosed as having, or been treated for cirrhosis, liver disease, kidney failure (including dialysis), chronic kidney disease, or systemic lupus?

If you answer “YES” to this question you are ineligible for coverage.

If you answered “NO” to this question you are eligible for the Level plan.

If you are currently in remission this is the best policy for you as it provides the lowest cost (depending on your age) and immediate coverage.

If you think this coverage is right for you please read the information below about Aetna as your age plays a major factor in the cost and Aetna’s plan could be less expensive for you.

To learn more about the health requirements of this company and to see the other plans they offer visit the “blog” page that can be found under the main menu.

Quotes:

Level

$10,000 of Coverage

Monthly Non-Smoking Premiums

Age Male Female
45 NA NA
50 $40 $34
55 $46 $38
60 $50 $38
65 $59 $45
70 $75 $56
75 $110 $80
80 $154 $110
85 $213 $149

AetnaAetna Logo black and white

The health requirements for this plan are very similar to the above plan from Royal Neighbors of America.

The top-tier plan from Aetna has a 2-year “look back” just like Royal Neighbors does.

The reason we are including it on this list is that depending on your current age, the monthly cost could be lower with Aetna.

Aetna offers 3 plans:

Preferred Level – immediate coverage & low prices

Standard Level – immediate coverage & slightly higher prices

Modified – 2-year waiting period & high prices

Health question:

1. Within the past 2 years have you been diagnosed with, received, or been advised to receive treatment or medication for kidney or liver disease?

If you answered “YES” to this you are eligible for the Modified plan.

If you answered “NO” to this question you are eligible for the Preferred Level plan.

Again, this plan could be more cost-effective for you depending on your age at application.

For your convenience, we have listed below life insurance quotes from Royal Neighbors (Level) and Aetna (Preferred Level) side-by-side.

Quotes:

Male

$10,000 of Coverage

Monthly Non-Smoking Premiums

Age Aetna (Preferred Level) Royal Neighbors (Level)
45 $30 NA
50 $34 $40
55 $44 $46
60 $51 $50
65 $58 $59
70 $73 $75
75 $101 $110
80 $140 $154
85 $196 $213
Female

$10,000 of Coverage

Monthly Non-Smoking Premiums

Age Aetna (Preferred Level) Royal Neighbors (Level)
45 $26 NA
50 $27 $34
55 $34 $38
60 $41 $38
65 $48 $45
70 $58 $56
75 $76 $80
80 $101 $110
85 $137 $149

Guaranteed Trust LifeBlack and white GTL logo

If you have additional health concerns that insurance providers could consider to be severe, the Heritage Plan from Guarantee Trust Life might be your best option.

This plan has only 5 health questions on the application and has a favorable payout structure during the 2-year waiting period given how lenient the underwriting is.

Payout structure:

  • Death in year 1 – return of premiums +5%
  • Death in year 2 – 50% of policy amount
  • Death in year 3 or later – 100% of policy amount

To learn more about the requirements to qualify for this plan visit the “blog” section under the main menu.

Quotes:

Guarantee Trust Life

$10,000 of Coverage

Monthly Premiums

Age Male Female
45 $46 $34
50 $51 $36
55 $55 $42
60 $67 $51
65 $80 $60
70 $101 $73
75 $139 $102
80 $232 $165
85 $301 $191

Guaranteed Issue

If you are unable to qualify for ALL of the plans above, a policy with guaranteed acceptance will be your only option.

These policies accept 100% of its applicants and ask no health questions.

This comes with a 2-year waiting period and higher premiums.

In the free market that we live in, each company has the choice to price their products how they wish. Some are less expensive than others while still providing essentially the same coverage.

Our recommendation for a guaranteed policy is always AIG.

Black and white AIG logo

AIG has some of the lowest costs available for a guaranteed whole life plan, plus they offer additional benefits included in the cost.

Included Benefits:

  • Temporary Accidental Death Benefit
  • Chronic Illness Death Benefit
  • Terminal Illness Death Benefit

To learn more about this plan from AIG and to see more life insurance quotes read our full review in the “blog” section under the main menu.

pen and paper on white table with succulents

Captive vs Independent Agencies

A captive agency represents and sells products from one company only. They are contractually unable to sell policies from any other company, even if what they represent isn’t the best option for you.

These companies generally have high brand awareness as they market frequently on television, billboards, and by mail. Lincoln Heritage is an example of one such company.

An independent agency is able to represent multiple plans from multiple companies. This provides you, the client, with options for a more tailored plan, often at lower monthly costs.

These agencies can be specialized in just one type of coverage or they can sell across multiple lines such as home, auto, and life.

Working with an agency will not increase the price you pay, in fact it will most likely lower it.

The low-cost policies that are available through these agencies are typically unavailable directly through the insurance company.

Why Willamette Life

Willamette Life is an independent agency that specializes in Final Expense Insurance. Because of this specialization, we are able to focus all of our attention on placing our clients with the policy that fits their needs.

Willamette Life prides itself on being able to find excellent whole life coverage for those people who have a health concern, such as liver disease, that could throw up a “red flag” with providers.

It is our mission to help our clients get immediate benefits at the lowest possible premiums.

We understand that each person has a unique set of circumstances and goals when it comes to life insurance with hepatitis. We get to know you and understand your needs before assuming the best policy.

From Washington state to Florida, we are here to assist nationwide.

Final Thoughts

a. It is possible to get affordable Final Expense Insurance with Hepatitis. Selecting the right plan from the wide array of Final Expense Insurance companies is vital.

b. Foresters Financial offers immediate coverage and is the overall best company to take a policy out with. However, there are other options that could be better for you if you are in remission.

c. As you can tell by the numerous options listed in this article, it is imperative that you work with an independent agent that can pinpoint the best policy for your specific situation.

Give Willamette Life a call today at 844-576-0019

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