The Real Deal To Burial Insurance COPD for People with COPD Emphysema
The Real Deal To Burial Insurance COPD for People with COPD Emphysema
Many elderly persons who have COPD or emphysema and have started to feel the steady deterioration in lung function or disease are aware that their health will not improve.
They are also seeking ways to leave a legacy of protection because they know they don’t want to leave a financial burden on their loved ones.
Seniors can prepare for and safeguard themselves against the high cost of funerals and urns with the aid of burial insurance.
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The Truth About Final Expense Insurance For People With COPD Emphysema
Health Questions In The Underwriting For COPD And Final Expense Insurance
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The Truth About Final Expense Insurance For People With COPD Emphysema
If you or a loved one have COPD, it would be best to call us to better help you.
Our certified health impairment quick coverage list includes COPD. This will guarantee that you get the best copd-covered funeral insurance available.
Yes, Day 1 will include same-day, rapid coverage.
Companies who provide burial or final expense insurance are highly aware of how high-risk Chronic Obstructive Pulmonary Disease copd Emphysema is. The third most common cause of death in the United States has been COPD.
Unfortunately, unlike asthma, and depending on how bad the COPD is, it can significantly shorten a person’s predicted lifespan.
It makes sense that acquiring burial or life insurance for someone with COPD can be difficult given that it has no known cure and is the third largest cause of death.
We have fantastic news for you…
Over the years, DiabeticInsuranceSolutions.com has assisted hundreds of people in finding the finest insurance policies for any chronic illness, with COPD being a common one.
We are a group of independent insurance brokers with access to some of the best A+ rated life insurance providers in the nation. We can provide you with a selection of insurance plans that are both high-quality and reasonably priced in the future.
Especially for Burial Insurance COPD!
No matter how severe your COPD is, we here at DiabeticInsuranceSolutions.com can secure the best possible coverage plan at low costs.
Burial Or Final Expense Insurance Companies And COPD
The bad news
The majority of final expense insurance providers are very strict when it comes to COPD. Your responses to certain questions will be taken into account to assess how much more at risk you are for developing COPD.
There aren’t many businesses that can provide COPD patients with affordable insurance coverage for burial or funeral expenses. To compensate for the significant risks associated with having COPD, the majority of insurers will raise rates by up to 40%.
The unfortunate truth about COPD is that it significantly reduces the patient’s life expectancy. And according to recent statistics, COPD is now the third most common condition that causes death.
Due to the elevated risk of COPD, practically all insurance companies will ask you to make additional payments.
Obtaining inexpensive insurance coverage with COPD is undoubtedly very challenging, but it is not impossible.
The good news
Hold onto your hats folks!
In the 26 years of our experience, there is actually 1 top-rated A+ insurance company that can offer someone who has COPD a final expense insurance plan at the lowest cost and with no waiting time period, this means immediate insurance coverage starting on day 1— this is usually called “simplified”, “preferred”, or “level” type of plan.
Although it’s incredibly uncommon, there are unavoidably some prerequisites in terms of your health and way of life before you may apply. Calling us will only take a short amount of your time, and it will be well worth it if you want to find out if you qualify for a simplified plan.
Now, don’t panic if you did not qualify for a straightforward plan. Hope is still alive. Never forget that even if your COPD is severe, DiabeticInsuranceSolutions.com will always offer the most cheap coverage plan.
These coverage plans will continue to be provided by the nation’s top-rated A+ insurance providers, who will only provide the finest offers and added cutting-edge benefit features at no additional cost.
Oh, and another plus is that final expense insurance policies never demand medical examinations.
COPD Underwriting Of Final Expense Insurance Companies
COPD will undoubtedly be brought up throughout the underwriting process. Never forget that every final expense insurance company will have their own technique of asking if you have COPD and will have distinct rules and restrictions in the kind of life insurance policies that are to be supplied.
Some insurance companies only want to know if you have COPD, while others want further information, such as when you first developed it, whether you were given medicine to treat it, whether you smoke, where you live, etc.
We will start covering you on day one, even if you are receiving home health care.
Insurance providers will inquire about the following throughout the underwriting process:
Questions about your COPD, lifestyle and ask if you have other illnesses.
Prescribed medication history
Health Questions In The Underwriting For COPD And Final Expense Insurance
Because COPD is one of the main chronic diseases responsible for deaths in the nation and because there is no known cure, burial or final expense insurance will specifically ask about COPD.
Most final expenditure or funeral insurance providers merely need to know whether you have it. The date of your COPD diagnosis, cigarette usage, lifestyle, place of employment, etc. will all be questioned by other insurers.
The typical inquiries from insurance companies are listed below.
When were you initially diagnosed or treated with COPD?
Do you have COPD right now?
When did you receive advice for COPD treatment?
Do you need help in activities of daily life (ADL)?
When did you start treating your COPD?
When did you last smoked tobacco?
Are you prescribed to be on oxygen?
What is your working environment like?
Remember that each final expenditure insurance will have different requirements for health inquiries. Some insurance providers, as mentioned above, won’t bother to inquire about the severity or stage of your COPD.
Your COPD stage may be questioned by some insurance companies, and this will have a significant impact on the caliber of insurance coverage that businesses will provide. Additionally, if you are in the final stages of your COPD, these insurers will outright refuse your claim.
The Stages Of Chronic Obstructive Pulmonary Disease (COPD)
The Forced Expiratory Volume (FEV) test, which measures the quantity of air you can force out of your lungs in one second during a spirometry exam or pulmonary test, was likely used to diagnose your COPD.
Here are the COPD Stages:
Stage 1, mild COPD, FEV1 is equal to or greater than 80%. This can be with or without symptoms, like excessive saliva, noticeable shortness of breath with exertion, and chronic cough.
Stage 2, moderate COPD, occurs when your FEV1 is between 50 to 79%. This can be with or without symptoms.
Stage 3, or severe COPD, happens when your FEV1 is between 30 to 49%. This can be with or without chronic symptoms.
Stage 4, or very severe COPD, happens when your FEV1 is less than 30%. Also known as end-stage COPD.
It’s crucial to recognize the other health condition that COPD can exacerbate and set off a chain reaction with.
First things first, having sleep apnea might make your COPD worse because of the breathing pauses.
High blood pressure, heart disease, and stroke risk factors can all be increased by sleep apnea. Consequently, a COPD assessment exam is crucial.
Prescribed Medication History Assessment
The evaluation of prescribed medications is essentially another measure of due diligence that insurance companies conduct to identify major health conditions that may not have been adequately or truthfully disclosed in the underwriting health questions.
Insurance companies examine your history of prescribed medications using automated data or computer tools.
If you ever fill out a prescription, they will be aware of it, and by finding out what prescriptions you were prescribed, they will also be aware of any conditions you currently have or have had in the past.
To put it simply… If you are given medication to treat a condition, you already have that disease. This is the reasoning behind insurance companies looking at a candidate’s drug history.
COPD Medications That Are Red-flagged By Insurance Companies
So again, insurance companies will determine if you have COPD when you are taking one or more combinations of these medications.
Aclidinium (Tudorza)
Anoror Ellipta
Arcapta
Arformoterol (Brovana)
Atrovent HFA
Brovana
Budesonide
Combivent
Daliresp
Duoneb
Fluticasone
Formoterol (Foradil, Perforomist)
glycopyrrolate (Seebri Neohaler)
Indacaterol (Arcapta)
Ipratropium Bromide (could be an allergy med)
Olodaterol (Striverdi Respimat)
Prednisone
Salmeterol (Serevent)
Spiriva
Tiotropium (Spiriva)
Umeclidinium (Incruse Ellipta)
Dual-purpose Medications For COPD That Are Red-flagged By Insurance Companies
A good example of a drug that can treat more than one illness or condition is a bronchodilator, which is used to treat both asthma and COPD.
The drugs that may be used to treat both COPD and asthma are bronchodilators.
Here are a few of the most popular drugs for COPD and asthma that insurers are likely to be aware of.
Budesonide/formoterol (Symbicort)
Fluticasone/salmeterol (Advair)
Fluticasone/vilanterol (Breo Ellipta)
Glycopyrrolate/formoterol (Bevespi Aerosphere)
Glycopyrrolate/indacaterol (Utibron Neohaler)
Roflumilast (Daliresp)
Tiotropium/olodaterol (Stiolto Respimat)
Umeclidinium/vilanterol (Anoro Ellipta)
To further Explain Dual Medications And How Insurers May View It
To avoid any misunderstanding, conclusions will mostly be based on your doctor’s notes and the frequency, duration, and dosage of your prescription use.
Again, these procedures for evaluating the history of prescribed medications will differ from insurer to insurer, particularly in the case of pharmaceuticals that serve two purposes.
The bottom line is that you may prevent all of this misunderstanding on your own if you are well-informed about your past and present drugs and the reasons you were taken them.
To sort all of this out and prevent confusion, it is essential to contact and speak with one of our highly knowledgeable final expense insurance specialists. We’ll be happy to guide you through them.
Oxygen-Dependent COPD And Burial Insurance
If your doctor advises you to use oxygen therapy, especially with a Venturi mask, this may indicate that your COPD is worsening and your blood oxygen levels are low. Only a “Guaranteed Issue” (GI) plan is an option.
We advise you to purchase a last expense insurance coverage as soon as possible if you anticipate needing oxygen.
Any applicants for insurance with COPD who are prescribed oxygen will be rejected by other insurance firms. This merely indicates that they do not have a guaranteed acceptance policy, in which case the time you spent applying-only to be rejected-wasted for you.
"Please keep in mind… If you ONLY use oxygen for SLEEP APNEA, you will qualify for level benefits. This will be for the only reason though. If you are using oxygen for COPD. You WILL NOT qualify for level. You will be faced with a graded policy."
Burial Insurance Companies Various Coverage Plans For COPD
Insurance providers will contact you with policy offers that they believe will match your level of risk following your underwriting procedure with the health questions and medication history evaluation.
Given all the well-known facts concerning COPD, it’s crucial to moderate your expectations.
It will be quite challenging to find the lowest-cost policy for COPD because it is a well-known high-risk chronic disease among insurance companies, but it is not impossible. Please continue reading to learn more about this unique opportunity.
Patients with COPD frequently have other serious medical illnesses that lower their risk and lower the caliber of the insurance policies that are available to them.
Here are some insurance options that might be available based on how serious your COPD condition is.
1) A life insurance policy with a higher monthly premium
When compared to a simplified plan, the insurance plan will cost 15 to 40% more (the plan being offered to a person with the lowest risk).
This policy will have immediate insurance coverage, which means that if you die away starting on the first day of your plan, your beneficiaries will get 100% of the death benefit.
Considering the nature of COPD, this is still a fantastic plan. Despite the somewhat higher premium, the great part about this plan is that coverage will be immediate and begin on the first day.
We represent one of the small number of insurance providers that provide this plan.
2) A policy with two year waiting period
This will apply to COPD candidates who are more likely to face a waiting period from insurance companies. The waiting period is typically at least 24 months long, but if you pass away within that time, your beneficiaries will receive a 10% refund of all of your contributions.
The benefit of this plan is that your beneficiaries will still receive more money than you have paid for it when the time comes.
Knowing that it is superior to bank-issued “Certificates of Deposit” (CD) or “Share Certificates” is also a nice thing. No Share Certificate or CD will return 10% interest.
3) A percentage will be paid immediately or more after some time
If you pass away during the first 12 months, a portion of your full death benefit will be paid, and if you pass away between the following 13 and 24 months, a larger portion.
This is referred to as a “Graded plan” The typical payment % is shown here.
30% on the first 12 months
70% on the 13 to 24 months
The full (100%) death benefit will be paid to your beneficiaries if the 24-month waiting period is completed.
The choice will ultimately be yours, and you can consult with one of our impartial Final Expense Insurance Specialists to determine if this is the best course of action for you.
Keep in mind that DiabeticInsuranceSolutions.com is here to serve your needs! For the insurance provider, no. The client—you—comes first.
4) A combination of higher rates and waiting time period
Many insurance firms will use this kind of policy when considering applicants who they believe to be the highest risk. This is very straightforward; there will be a higher monthly payment of 15 to 40 percent and a minimum waiting period of 24 months. Depending on the insurance provider, there may or may not be any perks (during the waiting time period). Thus, other businesses might have a payment plan similar to a graded plan (percentage per year).
5) Guaranteed Issue Plan (GI)
As the name implies, if you are of legal age to engage into a contract or have a guardian who is, you are assured of acceptance. There won’t be any inquiries made or a review of drug histories required.
Through a phone call, we can essentially get you accepted for a GI plan in 15 minutes!
The monthly rates will be higher and strictly have a 24-month waiting period due to the increased risk that the insurance companies will assume. Moreover, if you die at any point
All of your funds will be returned to your beneficiaries with a 10% reimbursement during the waiting period.
With your choice to be ready when the time comes, to give your family peace of mind—having this option will always be a benefit. This plan is the sole alternative for the seriously ill.
Secret: Sometimes a guaranteed issue plan would be considerably more beneficial or logical than a modified strategy. You can use that math or give us a call to find out whether this is the case.
6) Lowest rates and with immediate coverage (no waiting time period)
This is incredibly uncommon, to put it mildly…
The “Holy Grail” of insurance strategies will be this. If you are eligible for this plan, which is frequently referred to as a “simple,” “preferred,” or “level” type of plan, you should consider yourself quite fortunate given that you have a significant chronic disease that is one of the leading causes of mortality. Use the name as it is now.
The least expensive monthly rates will be for a simplified plan, which will also provide insurance coverage right now.
There are some requirements that you must meet in order to be eligible for a simplified plan if you have COPD.
These conditions apply:
Your COPD diagnosis should be more than 12 months ago.
You should have not used tobacco for more than a year.
You should have no other serious diseases.
You should lead a healthy lifestyle.
Now, there is only 1 burial or final expense insurance company that can accept you for a simplified insurance plan and we have access to them.
Making our customers happy brings us delight and pleasure, thus we will work hard with you to obtain this fantastic COPD strategy, which is undoubtedly what you would like.
We encourage you to call us if you believe you could be eligible for a simpler plan so we can assist you in sorting all of this out.
How To Find The Best Burial Or Final Expense Insurance For Clients With COPD Emphysema
This essay about COPD final expense insurance was pretty lengthy, but rest assured that we make every effort to keep our writing clear, succinct, and incredibly educational. We also update our articles as necessary.
With COPD, time is now of the essence. This is just to say that you want to be ready for the “inevitable” (for everyone) while living out your life worry-free for your loved ones by purchasing a burial or final expense insurance policy. If you are everyone reading this article, it’s likely that you have already accepted your current health condition.
Since you have found us, we are confident that we can assist someone with COPD in finding the greatest coverage option from the nation’s top insurance providers. Over 95% of the clients who came to us with COPD received assistance from us, and we were able to assist each and every one of them.
Our team at DiabeticInsuranceSolutions.com is made up of a group of highly skilled Final Expense Insurance Specialists who are passionate about locating the greatest burial insurance policy regardless of their illnesses or health difficulties.
We’ve been assisting clients since 2008, and we hold licenses in 46 states. We exclusively work with top-rated A+ insurance providers who provide competitively priced, outstanding final expense insurance products.
What We Only Need From You Is A Little Bit Of Your Time To Know Your Details.
With your information, we can without a doubt tell you which insurance provider will provide the best plan for your COPD condition given our expert knowledge of the underwriting procedure and pricing of the finest insurance providers in the nation.
Contact us right now! We guarantee you a straightforward, stress-free interview process.
Conclusion
A severe illness that many individuals suffer from is COPD. Let us assist you in putting an end to your concerns about what may transpire to your family when it is time to say goodbye. As an insurance provider, we would prefer that all of our clients live long and fulfilling lives, but in the unlikely event that this is not the case, they may relax knowing that one of our burial insurance policies will ensure the financial security of their loved ones. We provide coverage without a medical exam or underwriting in all 46 states!
