Wednesday, November 8, 2017

Burial Insurance for Cancer Patients?


Can a cancer patient or cancer survivor get burial insurance coverage?

Burial insurance is usually a "Guaranteed "Issue" insurance policy which means you cannot be denied coverage if you meet the age requirements.

So, a cancer patient can get burial insurance.

However, the amount of coverage is usually limited to $25,000 or less, and you must meet the age requirements which may be 45-75, 40-80, or 45-85.

In addition, guaranteed issue plans usually have graded death benefits the first two years you are insured, which means you won't have full coverage until you have been insured by your policy for 2 years.

Here's how to learn more about burial insurance for cancer patients.

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