Can A Senior Get Burial Insurance If You Have Cancer?

, regardless of whether you have been diagnosed with cancer or are undergoing treatment, can be purchased. This is a sort of whole life insurance that covers you for the rest of your life. Burial life insurance is largely for elderly, and most policies aren’t available if you’re under the age of 45. Cancer or other health conditions will not disqualify you. They are, however, more expensive than term or other permanent life insurance policies, and they come with a number of important limitations:

Guaranteed Issue Life Insurance Is Your Only Option

Guaranteed issue life insurance is the only type of life insurance available to people who have been diagnosed with a terminal condition.

Why? The business of risk assessment is what life insurance companies do. Because a terminal condition entails a significant amount of risk, they will only give a specific type of coverage.

Guaranteed issue policies are clear and easy to understand, and they can come in handy if you are unable to qualify for other types of life insurance.

Note that if you are under the age of 40 and are terminally ill, finding a policy will be difficult.

Consider purchasing accidental death and dismemberment insurance, which pays out if you die in a qualifying accident.

Your Policy Will Have a Modest Face Amount

In reality, the majority of them are capped at $25,000. Great Western, on the other hand, will provide coverage up to $40,000.

Stacking life insurance plans is one option to explore. Depending on your budget, you may be able to buy multiple guaranteed issue policies to raise your overall death benefit.

Traditional coverage, such as term life insurance without a physical exam, has face sums of $500,000 or more.

You Will Not Need a Medical Exam

Your life insurance application will not involve a medical exam if you are terminally ill, nor will it include:

Seniors are increasingly opting for no-exam life insurance. In fact, you can purchase an insurance coverage from the convenience of your own home.

There are No Health Questions

The purchasing procedure is quite straightforward. Guaranteed issue is a type of life insurance that doesn’t ask about your health.

You will not be required to share your health information even if you have been diagnosed with stage 4 cancer.

You Will Get Instant Life Insurance Coverage

Because the application process is straightforward, you may expect your policy to be provided within minutes.

Other types of insurance take longer to obtain. Traditional term or whole life insurance, for example, can take weeks to process.

How do you get life insurance if you have cancer?

Most life insurance companies will approve any coverage with few limits once your cancer has been treated. Cancer survivors can buy life insurance from any carrier, but keep in mind that because cancer is considered a pre-existing disease, you will still pay a higher premium.

What reasons will life insurance not pay?

If you lie about any risky activities, medical illnesses, travel plans, or your family’s health history on your insurance application, the insurance company may refuse to pay out the death benefit. The best approach to avoid surprises later is to be as honest and comprehensive as possible during the underwriting process.

Risky hobbies

Depending on the conditions of your policy, your insurer may refuse to pay the death benefit if you die while participating in a dangerous activity you routinely enjoy (such as flying a private plane, bungee jumping, or scuba diving).

If your pastime is dangerous enough, your insurer may include an exclusion to your policy that prevents payment if you die while participating in that dangerous activity. This exclusion will be disclosed to you before you sign the policy (there are no hidden exclusions). Amateur pilots, for example, may require an aviation exclusion rider in order to be covered by life insurance. Their beneficiaries will not receive the death benefit if they die in a plane crash.


Because of the slayer rule, if your beneficiary murders you, they will not receive the death benefit. The slayer rule prohibits the payment of a death benefit to someone who has murdered — or is directly linked to the murder — the insured. In this case, the insurance company will instead pay your prospective beneficiaries or your estate the death benefit.

Deaths that happen when you’re doing something illegal are usually not covered by insurance. Most policies will not cover death that occurs while performing a crime, for example.


Suicide is usually covered by life insurance, with one exception: life insurance contracts have a suicide clause that prevents payouts for suicide deaths in the first two years of coverage.

Suicide clauses are in place at insurance firms so that applicants cannot commit suicide shortly after their life insurance policy expires.

Dishonesty & Fraud

Lying is never a smart idea, and this rule applies even more so when applying for life insurance. If you’re a smoker—and that includes vaping—always let people know right away. Past diseases, high-risk activities or employment, prior DUIs, a history of mental illness, and so on are all factors to consider.

Sure. It’s possible that disclosing these details will raise your monthly premiums, but that’s far preferable than your death benefit being rejected to your family when they need it most. You would call lying to an insurance company about your drug background or passion of SCUBA diving a white lie, but an insurance company would label it fraud. It’s simply not worth it to save a few dollars a year.

Your Term Expires

Term life insurance is by far the most common type of life insurance on the market, therefore chances are you have one. A term life benefit, unlike whole or permanent life insurance, is only guaranteed for a specific amount of time, or term, set when the insurance was first issued. You’ll have to reapply and be authorized for a new policy after the term expires.

We understand that life gets hectic, but it’s critical to know when your term is about to expire. Even if the term had finished the day before and tragedy struck, the insurance company is under no duty to pay a death benefit to your family.

Lapsed Premium Payment

Though it should come as no surprise, you may be refused a payment if you do not pay your monthly premiums. There are often grace periods, but you should never assume that this is the case. It’s tempting to dismiss this payment as a non-essential, but think how much worse your family’s financial condition would grow if you died—and then learned your death benefit was denied?

Act of War or Death in a Restricted Country

When a policyholder dies while fighting in a war, death payments are frequently denied. Going to war is, without a doubt, a perilous proposition. Similarly, if you die while traveling abroad, particularly to places considered risky, your insurance policy may be void.

Check your individual policy to see how these limitations may or may not apply to your circumstance.

Suicide (Prior to two year mark)

Many insurance policies include a clause known as a suicide clause. The suicide clause was enacted to deter people from purchasing a life insurance policy with the goal of killing themselves so that their family may get a settlement. Beneficiaries of policyholders who commit suicide within the first two years of purchasing an insurance will not be paid.

If the dead neglected to reveal a known history of depression or mental illness while applying for life insurance, a death benefit may be denied owing to suicide.

High-Risk or Illegal Activities

Your beneficiaries may not be eligible for a death benefit if the policyholder died as a result of engaging in a high-risk lifestyle or activity such as skydiving, bungee jumping, rock climbing, and so on. If you tell your insurer about your interest for these activities when you apply, you’ll still be covered—you’ll just have to pay a little more to account for the increased risk.

However, this isn’t just for adrenaline addicts. This can also include things like an overdose from a drug that wasn’t prescribed by a doctor, death while doing something unlawful, death while driving drunk, and so on. Basically, any behavior in which you deliberately put yourself in danger could result in your family being denied a compensation.

Death Within Contestability Period

If you die within two years after purchasing an insurance policy, the insurance company may contest your eligibility. This gives the provider time to review the policy and ensure that no false statements were made throughout the application process. It’s possible that the policy will be revoked if they discover any misrepresentations, even if they aren’t related to the cause of death.

Though this rarely results in the denial of a death benefit, it’s still more reason to be completely honest on your application. Don’t think you’re out of the woods after two years. A death benefit can still be denied if flagrant fraud is discovered.

Do I need to tell life insurance about cancer?

It may be possible to receive life insurance after surviving certain malignancies, depending on the form and degree of the cancer, but it may take some time and you may have to pay higher premiums if you apply again. When you apply for life insurance, you must tell your insurer about your medical history, and your insurer will consider not only your cancer history, but also your age, other medical information, and the amount of coverage you want.

Please keep in mind that life insurance is not a savings or investment product, and it has no cash value unless you make a legal claim.

What happens if someone dies shortly after getting life insurance?

Regardless of how long a life insurance policy has been in force before the insured person died, the beneficiaries listed in the policy shall receive the full amount of the death benefit (less any liens against the policy). Whether the insured person has a term or permanent life insurance policy, this is true.

A savings component is incorporated in a permanent life insurance policy. There will be no accumulated savings if the policy is fresh. Permanent life insurance policies pay beneficiaries the death benefit, but the money in the savings section of the policy is automatically returned to the life insurance company.

While most recipients choose a lump-sum payment of the death benefit, many life insurance firms offer other choices such as annuities and installments. Regular payments could be made to the beneficiaries for the rest of their lives, giving financial security. The beneficiary also receives interest on the life insurance payout’s principal sum.

Beneficiaries benefit from life insurance, and policyholders benefit from peace of mind. To make the claims process go as easily as possible, make sure all paperwork is filled out completely and precisely, and get assistance from the insurance company representative as needed.

How long do you have to have life insurance before it will pay?

In terms of the time it takes for a life insurance policy to take effect, each one is unique. Some policies may make you eligible for a death benefit right away, while others would need you to wait four to five years. However, it usually takes one to two years for your life insurance to start working. These waiting periods are implemented by insurance companies to prevent insurance fraud and protect themselves financially. If you get an insurance policy and then die the next month, the insurance company won’t be able to pay your benefits because you haven’t paid any premiums. These rules encourage people to buy life insurance sooner rather than later in order to be better protected.

When can a life insurance claim be denied?

In general, there are a number of reasons why an insurer may refuse to pay a life insurance claim, including: The expiration of a policy due to nonpayment of premiums. Suicide occurred within the first two years of the policy’s implementation (after that, suicides are covered) While committing a crime, death occurs.

What happens if the owner of a life insurance policy dies before the insured?

The policy stays in effect if the owner dies before the insured (because the life insured is still alive). If a contingent owner designation was made on the insurance, the contingent owner becomes the new policy owner. The insurance becomes an asset of the dead owner’s estate if there is no contingent owner designation.

Do you need an autopsy for life insurance?

  • All supporting documents and the death certificate When submitting a life insurance claim, proof of death is required. A certified copy of the death certificate, a police report, a toxicology report, an autopsy report, a coroner’s report, a medical examiner’s report, and, in some situations, medical records are all required documents.
  • This is the original policy. If you can locate the original life insurance policy, you can review the claim’s specifics (payment amount, beneficiary, contact information for the insurance provider, and so on) before filing it. Even if you don’t have the original policy, you can still file a claim.
  • Claim forms that have been completed. Claim forms are documentation that the insurance company sends to you. They will need extensive information on the insured person as well as your personal information. You can choose how you want to receive your life insurance payout on the claim form.