I talk with people every week who assume their health rules them out. Most of the time it doesn't. It changes which plans fit and what they cost.
Final expense plans use health questions by phone instead of a medical exam. Your answers decide which kind of plan you qualify for.
What companies usually ask about
Every company asks different questions, but these come up often:
- Diabetes: when you were diagnosed, whether you use insulin, and whether you've had complications.
- COPD and breathing problems: whether you use oxygen, and any recent hospital stays.
- Heart conditions: heart attack, stents, surgery or heart failure, and how long ago.
- Recent treatment: hospital stays, new diagnoses or changes in medication in the last couple of years.
A condition that's well controlled and a few years old is usually looked at very differently from one diagnosed last month.
The three kinds of plans
| Plan type | How it works |
|---|---|
| Fully covered (level) | Full benefit from day one. For people who answer the health questions well. |
| Graded or modified | Accepts more health conditions. A smaller benefit for the first couple of years, then the full amount. |
| Guaranteed acceptance | No health questions. A waiting period before the full benefit pays for natural causes, often two years. |
The goal is to get you the best plan you honestly qualify for. Guaranteed plans have a place, but many people settle for one when they could have qualified for better.
Why shopping more than one company matters here
Companies treat the same condition differently. One may put you on a graded plan while another offers full coverage on day one. That's the main reason to work with an independent agent who compares several companies.
Answer honestly
It's tempting to leave something out. Don't. If the application isn't accurate, the company may have grounds to deny the claim, which is the one thing your family can't afford. A good agent will help you find the right plan for your real health.
Not sure which plan you'd qualify for?
Tell me about your health on a free call. I'll compare several companies and tell you honestly which plans fit. By phone or video, no obligation.
Common questions
Can diabetics get life insurance?
Often, yes. Companies usually ask when you were diagnosed, whether you use insulin and whether you've had complications. Many people with well-controlled diabetes qualify for a fully covered plan.
Can I get life insurance if I have COPD?
Often, yes. Companies usually ask whether you use oxygen and about recent hospital stays. If a fully covered plan isn't available, graded and guaranteed acceptance plans are options.
What if I've had a heart attack?
Companies usually ask how long ago it was and about treatment since. The more time that has passed, the more options you're likely to have.
Do I need a medical exam?
For most final expense plans, no. You answer health questions by phone instead.
Nick Brown is an independent life insurance agent with NJN Insurance, licensed in Arizona (License 19720244). He compares plans from several companies and explains them clearly. NJN stands for Not Just a Number.