Burial Insurance for Dialysis Patients

That’s where the right burial insurance can help. It provides peace of mind for your family and reduces your burden. Let’s explore how you can secure that comfort for your loved ones.

How To Get Burial Insurance With Kidney Disease

You may qualify for no waiting period burial insurance with kidney disease (KD) if it’s not caused by diabetes and you haven’t undergone dialysis.

In cases without diabetes or kidney failure, several companies provide immediate or partial coverage within the initial two years.

Discover all available options for KD, the necessary underwriting requirements, the associated costs, and the top companies to consider.

How Does Burial Insurance With Kidney Disease Work

Understanding the nuances of burial insurance for individuals facing kidney disease is pivotal. These insurance policies are created to assist with end-of-life expenses, yet their functionality hinges on various factors. For those whose kidney disease isn’t linked to diabetes or dialysis, certain insurers might extend immediate or partial coverage within the initial two years. Premiums, waiting periods, and coverage specifics are contingent upon factors like age, health condition, and policy terms. 

Grasping the intricacies of underwriting requirements, policy limitations, and available options empowers individuals in making well-informed decisions. Essentially, this insurance offers a financial safeguard, aiming to alleviate the strain of funeral expenses during the challenging landscape of managing kidney disease.

Burial Insurance Options With Kidney Disease

When considering burial life insurance for seniors, there exist two fundamental plan types available for purchase.

Firstly, there are plans that entail health inquiries, where eligibility is contingent on your health history. If approved, these plans can offer partial or complete coverage from your initial payment.

Secondly, there are plans without health questions, often termed as guaranteed acceptance policies, ensuring approval despite pre-existing conditions. The downside is a typical two-year waiting period; non-accidental death during this period results in premium refunds plus interest (usually 10%).

Concerning kidney disease (KD), available options are influenced by factors such as diabetes presence, KD stage, history of dialysis, and any prior transplant recommendations. The following section offers a detailed breakdown of available options, considering these crucial variables.

-Kidney disease due to diabetes

Obtaining immediate burial insurance when having diabetes is straightforward, except when kidney damage is present.

Regardless of the stage of Kidney Disease (KD), if it’s due to diabetes, a compulsory two-year waiting period applies.

In such cases, acquiring a modified whole life policy, which consistently involves a waiting period and increased costs, becomes necessary.

Unfortunately, no final expense insurance company extends complete or partial coverage to individuals affected by diabetic nephropathy (KD caused by diabetes).

-Stage 1-4 CKD

If you’re without diabetes, certain final expense companies provide immediate partial or full coverage.

In reality, only a handful of carriers, such as Transamerica or Foresters Financial, extend complete day-one coverage to seniors dealing with KD. 

Numerous other insurers offer partial coverage with waiting periods, like Prosperity Life Group.

It’s essential to consider your overall health condition. For instance, if you recently had a heart attack alongside KD, you may not qualify for immediate coverage due to the recent cardiac event.

-Stage 5 KD (renal failure)

If your kidney disease has advanced to renal failure, a guaranteed issue life insurance policy becomes the sole available option.

These policies do not include health inquiries but involve an inevitable two-year waiting period at this stage.

-Dialysis

If you’ve undergone dialysis treatment in the past 12 months, even for acute kidney problems, a plan with a two-year waiting period becomes your sole choice.

Every health questionnaire for applications will inquire about dialysis. Answering ‘yes’ to this question typically results in an automatic rejection.

In such cases, purchasing a guaranteed issue policy with a waiting period becomes the only available option to obtain a new policy while undergoing dialysis.

-Kidney transplant

If you’ve had a kidney transplant or have been recommended for one, a final expense policy with a two-year waiting period remains your only available option.

Nationwide, no company provides immediate coverage to individuals who have undergone any organ transplant, including kidney transplants.

How Dialysis Treatments Impact Insurance Rates

Dialysis treatments, necessary for severe kidney conditions, draw attention from insurance companies due to increased health risks they signal. Consequently, insurers proceed cautiously, often resulting in elevated premiums.

However, the silver lining lies in initiating the insurance search early. When undergoing dialysis, starting the hunt for insurance isn’t just prudent; it’s essential.

Early planning provides an opportunity to navigate options, securing a rate that remains affordable. While honesty about your health is crucial, devising a strategic approach can lead you to a policy that offers reliable support.

What Are the Symptoms of Kidney Dialysis?

When a patient undergoes kidney dialysis, they might experience symptoms that differ from those of other patients. These symptoms may include:

1. Fatigue: Feeling exceptionally tired or more fatigued than usual.
2. Sleep problems: Difficulty falling asleep or staying asleep, or experiencing excessive daytime sleepiness.
3. Itching: Intense itchiness all over the body or in specific areas like hands, feet, back, or buttocks, sometimes leading to skin irritation and sores.
4. Loss of appetite: Reduced hunger or a lack of desire to eat.
5. Nausea and vomiting: Feeling queasy and throwing up.
6. Swelling: Fluid retention causing swelling in ankles, legs, abdomen, or face.
7. Shortness of breath: Difficulty breathing when lying flat, also known as fluid accumulation around the lungs or congestion.
8. Muscle cramps: Uncomfortable muscle contractions, often in the calf muscles.
9. Enlarged abdomen or bloating: Abdominal enlargement due to fluid buildup or constipation.

Moreover, despite common assumptions that kidney dialysis is for seniors over 70, the average age of individuals on dialysis is merely 64.

Why Do You Need Burial Insurance With Kidney Dialysis?

Burial insurance is crucial when dealing with kidney dialysis, especially if you plan to be interred in a cemetery. Consider these points:

1. Funeral director costs are often included in funeral packages, but it’s wise to confirm this beforehand. Avoid unnecessary expenses by ensuring you only pay for necessary services.
2. Burial insurance for those undergoing kidney dialysis is available at reasonable prices. It shields your family from the financial burden of funeral expenses.
3. Dialysis treatments might make it challenging to handle tasks like burial arrangements. However, obtaining funeral insurance for kidney dialysis ensures these services are covered, easing the burden on your loved ones during a challenging time.
4. Additionally, seniors with kidney issues face a heightened risk of central nervous system conditions like multiple sclerosis.

Best Insurance Policy Options For Kidney Dialysis

The most suitable life insurance for individuals undergoing dialysis is a guaranteed issue policy tailored for end-stage kidney disease. Various life insurance companies offer these policies specifically for individuals with end-stage renal disease, typically carrying a two-year waiting period.

For those on dialysis, immediate coverage might not be available. The policy typically initiates benefit payouts after two years when you’re on dialysis.

This type of insurance offers a straightforward and confidential application process for those receiving dialysis. It’s intended to cover end-of-life expenses for individuals seeking life insurance in such circumstances.

Is a Medical Test Necessary to Qualify for Burial Insurance for Kidney Dialysis?

To qualify for burial insurance while undergoing kidney dialysis, no medical tests are necessary. The application process typically involves answering a few basic health questions, without the need for documents, blood, or urine samples. Often, the insurance provider grants official approval within minutes of application.