Can a Senior Get Burial Insurance If They Have Cancer?

In this article...
  • Burial insurance is another way of referring to life insurance. Find out whether a senior can get burial insurance if they have cancer in this article from Health Advisor.
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Seniors or other individuals who are considering purchasing a life insurance policy, which is sometimes called burial insurance, may wonder if they are able to purchase one if they've had a serious medical diagnosis, such as cancer. Find out some more information from Health Advisor below.

What Is Burial Insurance?

Burial insurance is usually another name given to a whole-term life insurance policy that includes a death benefit that can range between $5,000 and $25,000, according to the Insurance Information Institute. Burial insurance is a kind of nickname given to this death benefit, since the money is usually used to cover the burial and associated funeral expenses for the policyholder or their family members. However, you don't typically have to use the money for this purpose.

Applying for Burial Insurance

The specific process varies based on the insurance company you're purchasing the life insurance policy from. But in general, most insurance companies have you answer a few health-related questions and typically don't require a medical exam.

Can a Senior Get Burial Insurance If They Have Cancer?

Yes. It's possible to purchase burial insurance even if you have cancer. However, premium costs and coverage limits may vary depending on the insurance company and your specific situation.

Factors That May Affect Your Burial Insurance Application If You Have Cancer

Companies that issue life insurance policies base their decision to approve you on a variety of factors, and many of them may be specific to your cancer diagnosis. 

Possible considerations include:

  • When your cancer was first diagnosed
  • The type of cancer treatment you've been receiving and when it started
  • Your specific cancer diagnosis, including the type and your stage
  • Whether you have received chemotherapy, radiation or a combination of the two

Consult the Services of a Professional

As with many things related to insurance policies, benefits and financial matters, it's usually best to consult the services of a professional if you have questions about purchasing a burial insurance policy. An insurance agent can answer specific questions related to your personal situation and help you understand if you are able to get burial insurance if you have cancer.