Do you have vascular disease? Many people do. According to Johns Hopkins, roughly 84 million Americans have some form of vascular disease, including cardiovascular disease, peripheral arterial disease, and peripheral vascular disease. Now, knowing this, do you have burial insurance? No? Why not? I understand. You think you are uninsurable. Unfortunately, many people living with vascular disease believe they are rated or uninsurable due to their condition. That is simply not true. In this article, we discuss burial insurance underwriting and affordable burial insurance for people with vascular disease.
Do you have sleep apnea? Many people do. Do you have burial insurance? No? Why not? I understand. Unfortunately, many people living with sleep apnea believe they are rated or uninsurable due to their condition. That is simply not true. In this article, we discuss burial insurance underwriting and affordable burial insurance for people with sleep apnea.
You don’t wake up in the morning, turn to your spouse, and say “Honey, let’s buy some burial insurance.”
Who does that? Mostly no one.
Most of the time, people buy burial insurance upon death of a loved one. That usually is the impetus to get people going. So, you just apply with any old carrier.
Or, you receive a brochure in the mail which says something like, “Don’t hesitate. Set up your funeral costs now!”
Additionally, you see an infomercial on late-night TV regarding final expense cost.
You haven’t done anything, feel concerned, and make the phone call. Or, you apply!
We at My Family Life Insurance say: STOP! You might be doing yourself a disservice and applying in haste. Yes, there are some burial insurance policies you should avoid. In this article, we discuss the 5 types of burial insurance not to buy, and 3 you should consider.
If you have a final expense life insurance policy, you probably don’t think it could affect your care in nursing homes.
We know you did the right thing. You purchased a final expense insurance policy to take care of your burial expenses and leave some money to your spouse or surviving heirs upon your death. And, you feel good about the decision. It is a good one: you don’t want them to worry about paying for a funeral while grieving. Of course, you want to leave a legacy for your family as well.
But you weren’t aware of a potential problem with nursing homes and life insurance (which is final expense insurance).