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  • Writer's pictureAhsan Malyk

Can I Get Burial Insurance On My Parents?

It is an undeniable reality that we will all die one day. This includes our parents too, and burial insurance may assist in covering the costs of their funeral and last expenditures. It also provides you, as a kid, with peace of mind.

Did it ever come to your attention that you may get burial insurance for your parents? Yes, you can. However, like with everything, there is a proper way to go about something.

Is it possible to get burial insurance for your parents?

Yes, it is possible to get burial insurance for your parents. The purchase of parental coverage to cover final expenditures, which may potentially surpass $10,000, is really extremely popular among children and their parents.

They must sign the application and acknowledge that they understand and agree with the coverage. Because you are paying the premiums, you have the ability to be the owner, payer, and beneficiary.

Burial insurance is the same thing as life insurance. As a result, it is subject to the same laws and regulations as the rest of the world. If you have an interest in acquiring funeral insurance coverage for your parents, there are a few conditions that you must meet before proceeding.

Insurable interest

Unfortunately, this first condition is met by the very nature of your relationship, which is fortunate. For funeral policies on parents, life insurance companies demand that you have an insurable interest in the property being insured.

In layman's words, insurable interest refers to the fact that you would suffer a financial loss if your parents died. Obviously, the fact that you are saddled with funeral expenses in excess of $10,000 is proof that you would suffer a financial loss in the case of your parent(s) dying.

When it comes to the subject of insurable interest, no burial insurance provider will ever question you or request any kind of paperwork. This fits the condition since you are linked to each other.

Consent to access a patient's medical record

It will be necessary for the insurance provider to analyze your parents' health in order to approve them for a funeral insurance policy. After that, they may conduct a medical evaluation to see whether they are qualified for coverage.

Keep in mind, however, that your parents will never have to undergo a physical or medical examination. Simply answering health-related questions and agreeing to grant the insurance company access to their medical history is all that is necessary.

Obtaining burial insurance for your parents will need them to grant the insurance provider permission to evaluate their medication history before you can purchase any coverage.

What Should You Do If Your Parents Refuse To Give Their Consent For The Insurance Company To Review Their Health Data?

In this situation, you will not be able to get life insurance for your parents that would provide them with instant protection.

When faced with this predicament, the only thing you can do is get a guaranteed issue life insurance policy. This kind of insurance coverage does not need any medical underwriting. As long as they satisfy the age restrictions, they will actually issue the coverage to any applicant who submits an application.

They will, however, need to consent to the coverage being granted before it can be implemented.

Remember that guaranteed issue life insurance has two significant negatives to consider.

● They are very expensive

● There are no benefits if a person dies within the first two years after purchasing the insurance

Obviously, making those kinds of sacrifices when you don't have to is a terrible decision. In order to avoid this, you should make every effort to secure coverage that takes your parent's health into consideration.

The Different Types of Burial Insurance

The many forms of funeral insurance might be the most perplexing aspect of the whole procedure. I believe this is where a lot of individuals find themselves in trouble.

The forms of care that are accessible are mostly determined by your parent's health status. Furthermore, as previously stated, "burial insurance" is just a kind of life insurance. Whole life insurance plans may be utilized as "burial insurance" if they are already in force.

Here are some examples of the kinds that are available:

Immediate or level benefit

The term "immediate or level benefit" refers to the fact that the carrier pays the death benefit on the first day. When your mother gets burial insurance and dies suddenly two months later, the company pays the death benefit to you.

If your parents are eligible, this is the kind of assistance you desire.

Graded benefit

A graded benefit implies that if your parents die within the first couple of years of the policy's inception date, you will get a portion of the death benefit.

If your mother dies suddenly two months after the commencement date of the policy, you may be entitled to a death payment equal to 10% of the premiums paid.

Guaranteed issue

It refers to the fact that the application will be approved without any underwriting. You just have to fill out an application, and your parents will receive life insurance coverage. I mean, how awesome is that?

For starters, there is no underwriting involved. Hence, the carrier imposes a 2-year waiting period before paying out the death benefit. After two years, the insurance company pays out the whole death benefit. The insurance company covers the accidental death at any moment.

People with moderate to severe health issues who do not qualify for an instant benefit policy are placed on guaranteed issue life insurance, which is a kind of permanent insurance.

It's possible that you've heard that guaranteed issue whole life insurance is too costly. We, on the other hand, work with budget-friendly options that are according to your needs.


For parents, burial insurance is a must-have. It's not something you want to think about, but it's something that should be considered in advance of a situation requiring it. Unlike term life insurance, these plans do not have an expiration date.

The fact that you have burial coverage in the event that your kid dies away suddenly may assist in reducing some of the financial hardship that comes with the loss of a family member or friend.

Even if you are fortunate enough to have no disasters or tragedies occur during your lifetime – such as the death of an adult child – having peace of mind because you have previously obtained burial insurance for yourself and/or your children might be very beneficial.


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