You may hear from your friends, family, neighbors, or even Alex Trebek that you need burial insurance. If you think you do, it is important that you know the types of burial insurance available. There are so many kinds and types. In this article, we discuss the various types of burial insurance, so you can make an informed decision. First, we will discuss what burial insurance is, and then discuss the types available.
There can be many options, and those options depend on your health situation. There are also low-cost burial insurance options and ways to protect your burial insurance if you need to go into a nursing home. We will discuss those options as well.
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Recently, we answered a call from a nice gentleman named “Joe”. (Not his real name.) He was looking for life insurance to cover his burial and funeral expenses. He retired, and the life insurance from his company was not portable. Joe explained to us that he had a health condition, which is no big deal. We all have health conditions. And, burial insurance (life insurance designed to pay for your funeral and burial expenses) fits nicely for people with health conditions. However, he then told us about his oxygen use. Using oxygen changes your life insurance and burial insurance options. There are still options, but not as many.
In this article, we discuss affordable burial insurance for people who use oxygen. We first discuss burial insurance underwriting and then discuss your options for burial insurance for oxygen use.
Continue reading Affordable Burial Insurance For Oxygen Use
According to the Mayo Clinic, there are 3 million new cases of Alzheimer’s disease each year. This condition is tough on families and loved ones. If you or a family member have Alzheimer’s disease, you probably think that you can’t obtain burial insurance. That is simply not true. Sure, there might be life insurance carriers that decline you, but there others that won’t. You just need to know where to look and the right type. Whether you were just diagnosed with dementia or Alzheimer’s disease, or you are looking for someone else, burial insurance is available.
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Medicaid and life insurance. These together aren’t like peas and carrots. More like oil and water!
You may have heard different information about Medicaid eligibility and life insurance. Frankly, a lot of the stuff you read on the internet is inaccurate.
In this article, we dispel the inaccuracies and tell you what you need to know about how Medicaid works with life insurance. More specifically, we describe how Medicaid/SSI recipients obtain life insurance the right way. We also give you 3 suggestions on life insurance for people on Medicaid.
Continue reading 3 Ways You Can Obtain Life Insurance And Keep Your Medicaid Benefits [We Give You The Answers You Need With Life Insurance Options]
People with disabilities may feel life insurance is out of reach.
That’s not entirely true.
If you have a disability, or you support someone with a disability, life insurance is likely available.
While a disability could mean disclosure on a life insurance application, the disability is not, by any means, usually a decline. You just need to know what your options exist for your situation.
Continue reading Affordable Life Insurance Options For People With Disabilities | If You Are Disabled, Here’s How To Purchase Life Insurance The Right Way!