OLPolicy | Licensed Insurance Specialists | Call (866) 757-5350
How to Get Covered on SSDI, SSI or a Fixed Income – Even With Serious Health Conditions
By OLPolicy | Licensed Insurance Specialists | Call (866) 757-5350
People living with disabilities face a reality that most insurance companies have historically been slow to acknowledge: disability does not disqualify someone from deserving financial protection for their family. It does not mean a person cannot be insured. And it certainly does not mean their family should be left struggling to pay for a funeral when the time comes.
The truth is that millions of disabled Americans – people living with physical disabilities, chronic illnesses, mental health conditions, developmental disabilities, and other impairments – can and do qualify for final expense insurance. The process looks different depending on the type and severity of the disability, the insurance carrier, and the type of policy. But coverage is available, it is more accessible than most people assume, and it matters enormously for families who are already managing limited financial resources.
This guide from OLPolicy is written Final Expense Insurance for Disabled Individuals and their families or caregivers. We cover every type of disability scenario, explain exactly which insurance options are available for each situation, address the unique financial considerations that come with living on SSDI or SSI, and show you – step by step – how to get covered.
| Quick Answer
Disabled individuals can qualify for final expense insurance in most cases – including those on SSDI, SSI or Medicaid. The type of policy available (level benefit, graded benefit or guaranteed issue) depends on the specific disability and health history. Guaranteed issue policies accept virtually anyone aged 50 to 85 with no health questions at all. Premiums are fixed for life and sized to fit fixed incomes. Call OLPolicy at (866) 757-5350 – we will find the right coverage for your situation at no cost and no obligation. |
The financial stakes for disabled individuals and their families around end-of-life costs are uniquely high. Here is why:
The average monthly SSDI benefit in 2024 is approximately $1,537. The average SSI payment is $943 per month. These incomes – often a family’s primary or sole source of funds – leave virtually no room for unexpected large expenses. A funeral costing $7,000 to $12,000 can wipe out months of income, force families into debt or require the liquidation of whatever modest savings exist. Final expense insurance converts an unpredictable, potentially catastrophic expense into a predictable, manageable monthly premium.
Many disabled individuals are supported by family caregivers – spouses, adult children, parents or siblings – who have reduced their own employment or savings to provide care. These families are already stretched thin. Adding a $10,000 funeral bill on top of an already strained budget can have long-lasting financial consequences. Final expense insurance protects the family from this additional burden at the precise moment when they are least equipped to handle it.
Many people with significant disabilities have been declined for traditional life insurance due to their health conditions. They may have tried to purchase coverage and been rejected or assumed – reasonably, based on past experience – that coverage was impossible. Final expense insurance was designed specifically for this population. The simplified underwriting, the guaranteed issue options, and the accessible premiums make final expense insurance the most realistic path to coverage for many disabled individuals.
This is perhaps the most important message in this entire guide. Disability – even serious, complex or multiple conditions – does not automatically disqualify anyone from final expense insurance. Guaranteed issue policies accept any applicant aged 50 to 85 with no health questions. Many other disabled individuals qualify for graded or level benefit coverage with premiums that fit within a fixed income. The key is knowing which policy type matches your situation – and working with an agent who understands disability-related health profiles.
Final expense insurance comes in three distinct policy types, each designed for a different health profile. Understanding these three options is the foundation of finding the right coverage for a disabled individual.
A level benefit policy pays the full death benefit from day one, with no waiting period. It is the best available option in terms of value – the lowest premium for the coverage amount. To qualify, the applicant must answer a short health questionnaire and pass simplified underwriting. No medical exam is required.
Many disabled individuals qualify for level benefit policies – particularly those whose disabilities are physical in nature (mobility limitations, hearing or vision impairment, limb differences) rather than conditions that affect life expectancy significantly. Well-controlled chronic conditions such as Type 2 diabetes and hypertension also typically qualify.
A graded benefit policy is designed for applicants with more significant health conditions who cannot qualify for a level benefit policy. The full death benefit is not paid during the first two years – typically, the beneficiary receives a percentage of the benefit in years one and two, with full benefit after year three. Graded benefit policies carry higher premiums than level benefit policies for the same coverage amount.
For many disabled individuals with serious underlying conditions – COPD, congestive heart failure, recent strokes, dialysis – a graded benefit policy is the most appropriate and accessible option. It provides real, meaningful coverage that grows into full protection over a two-year period.
A guaranteed issue policy requires no health questions at all. Any applicant between the ages of 50 and 85 qualifies automatically – regardless of disability, diagnosis or health history. These policies always include a two-year waiting period for non-accidental deaths, and they carry the highest premiums relative to coverage amount. But for individuals with the most serious conditions – active cancer treatment organ failure, advanced neurological disease or conditions that have resulted in repeated prior insurance declines – guaranteed issue is a lifeline.
| The Two-Year Waiting Period – What It Means
Graded and guaranteed issue policies include a waiting period during which the full death benefit is not paid for non-accidental death. If the insured passes away during this period from a non-accidental cause, the beneficiary receives a return of all premiums paid plus interest (typically 10%). After the waiting period ends, the full death benefit is paid for any cause of death. Accidental death is typically covered at full benefit from day one even during the waiting period. |
This is the section most disabled individuals and their families come looking for. The table below provides a comprehensive reference showing how common disability categories and diagnoses are treated by final expense insurance underwriters – and which policy type is most likely available.
| Condition / Disability | Likely Policy Type | Key Notes |
| Mobility impairment (wheelchair use, paralysis – stable) | Level Benefit in most cases | Physical disability alone typically does not affect life insurance underwriting |
| Limb difference / amputation (non-diabetic cause) | Level Benefit | Not a disqualifying condition for most carriers |
| Limb difference / amputation (diabetic cause) | Level or Graded Benefit | Depends on overall diabetes management and complications |
| Blindness or severe vision impairment | Level Benefit | Visual impairment alone is not an underwriting concern |
| Deafness or severe hearing impairment | Level Benefit | Hearing impairment is not a life insurance risk factor |
| Cerebral palsy (stable) | Level or Graded Benefit | Depends on associated conditions – cognitive function, respiratory status |
| Spinal cord injury (stable) | Level or Graded Benefit | Depends on level of injury, respiratory independence, and complications |
| Traumatic brain injury (stable, non-progressive) | Level or Graded Benefit | Cognitive status and seizure history affect underwriting |
| Condition / Disability | Likely Policy Type | Key Notes |
| Type 2 Diabetes (controlled oral medication) | Level Benefit | One of the most commonly approved conditions – well-controlled diabetes is widely accepted |
| Type 1 Diabetes (insulin-dependent) | Level or Graded Benefit | Insulin use and A1C levels affect underwriting – still approvable at many carriers |
| COPD / Emphysema (mild to moderate) | Graded Benefit | Severity and supplemental oxygen use affect eligibility tier |
| COPD (severe / supplemental oxygen use) | Guaranteed Issue | Most standard carriers will decline – guaranteed issue is the path |
| Congestive Heart Failure (stable) | Graded Benefit | Stability of condition and hospitalization history are key factors |
| Chronic Kidney Disease (non-dialysis) | Level or Graded Benefit | Stage of CKD and other comorbidities affect underwriting |
| End-Stage Renal Disease / Dialysis | Guaranteed Issue | Dialysis is a standard decline for all but guaranteed issue carriers |
| Multiple Sclerosis (relapsing-remitting, stable) | Level or Graded Benefit | Stability and independence level affect tier – many MS patients qualify |
| Multiple Sclerosis (progressive) | Graded or Guaranteed Issue | Depends on functional status and respiratory involvement |
| Lupus (well-controlled) | Level or Graded Benefit | Organ involvement and flare history affect underwriting |
| HIV / AIDS (treated, undetectable viral load) | Guaranteed Issue / select carriers | Specialized carriers available – significant progress in recent years |
| Cancer (in remission 2+ years) | Level or Graded Benefit | Type of cancer, treatment completed, and length of remission matter |
| Active Cancer Treatment | Guaranteed Issue | Two-year waiting period applies – no standard carrier will issue level benefit |
| Condition / Disability | Likely Policy Type | Key Notes |
| Depression / Anxiety (treated, stable) | Level Benefit | Mental health conditions treated with outpatient medication typically qualify |
| Bipolar Disorder (stable, compliant with treatment) | Level or Graded Benefit | Hospitalization history is a key underwriting factor |
| Schizophrenia (stable, community living) | Graded or Guaranteed Issue | Depends on hospitalization history and independent living status |
| Intellectual Disability / Down Syndrome | Guaranteed Issue | Standard health questions cannot be answered reliably – guaranteed issue is the appropriate path |
| Autism Spectrum Disorder (adult – all levels) | Graded or Guaranteed Issue | Depends on ability to complete application process – caregiver assistance may be needed |
| Alzheimer’s / Dementia (early stage) | Guaranteed Issue | Cognitive impairment disqualifies from standard underwriting – guaranteed issue only |
| Addiction / Substance Use Disorder (in recovery 2+ years) | Level or Graded Benefit | Recovery duration is the primary underwriting factor – active use is a standard decline |
| PTSD (stable, outpatient treatment) | Level Benefit in most cases | Very widely accepted – PTSD alone is not typically a barrier to level benefit coverage |
| OLPolicy Specialist Note: Never Assume You Cannot Qualify
The single most important thing to know about insurance and disability is this: different carriers have dramatically different underwriting guidelines for the same conditions. A carrier that declines a dialysis patient will not have a guaranteed issue product, but a specialist carrier will. A carrier that declines someone with progressive MS may still offer graded benefit coverage. OLPolicy works with multiple carriers specifically to find the right match for complex health profiles. Call (866) 757-5350 – we have helped people get covered who assumed it was impossible. |
Many disabled individuals receive Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) as their primary or sole source of income. Understanding how these programs interact with insurance is essential – both for affordability and for protecting benefit eligibility.
| SSDI – Social Security Disability Insurance
SSDI is an earned benefit paid to workers who have accumulated sufficient Social Security work credits and become disabled. SSDI recipients typically also qualify for Medicare after a 24-month waiting period. SSDI payments average $1,537 per month in 2024. There are no asset limits for SSDI – the program is based on your work history, not your savings. |
| SSI – Supplemental Security Income
SSI is a needs-based program for disabled, blind or elderly individuals with very limited income and assets. SSI has strict asset limits: individuals can have no more than $2,000 in countable assets ($3,000 for couples). SSI recipients typically qualify for Medicaid automatically. Monthly SSI payments average $943 in 2024. Asset limits directly affect what types of insurance products can be held without jeopardizing eligibility. |
This is one of the most important questions for disabled individuals on SSI – and the answer requires careful attention.
SSI counts most assets against the program’s $2,000 individual limit. However, life insurance policies are treated differently depending on their face value and cash value:
| Policy Type and Value | SSI Treatment | Planning Consideration |
| Term life insurance (no cash value) | Not counted – does not affect SSI | Safe to hold – does not count toward $2,000 asset limit |
| Whole life / final expense with face value under $1,500 | Not counted as an asset | Small policies are SSI-exempt in most states |
| Whole life / final expense with face value over $1,500 | Cash value above $1,500 face value threshold counts as asset | May count toward $2,000 limit – must monitor cash value accumulation |
| Life insurance policy owned by a Special Needs Trust | Not counted as individual’s asset | Trusts are the preferred structure for SSI recipients with meaningful coverage needs |
| Irrevocable burial trust / prepaid funeral arrangement | Fully exempt in most states (up to state-set limit) | Strong option for SSI recipients wanting to set aside funeral funds without affecting benefits |
| SSI Asset Limits Are Real and Enforced – Plan Carefully
SSI recipients who accumulate countable assets above $2,000 can lose their benefits – including Medicaid – until assets are spent down below the limit again. Before purchasing any final expense insurance policy as an SSI recipient, confirm with your benefits counselor or a SHIP (State Health Insurance Assistance Program) counselor how the policy will be counted. OLPolicy can also help structure coverage that protects your benefits. Call (866) 757-5350. |
For families with a disabled loved one who receives SSI or Medicaid, a Special Needs Trust (SNT) is one of the most powerful planning tools available. Understanding how final expense insurance interacts with SNTs is important for both the disabled individual and their caregiving family members.
A Special Needs Trust is a legal arrangement that holds assets for a disabled beneficiary without disqualifying them from means-tested government benefits like SSI and Medicaid. Assets held inside a properly structured SNT are generally not counted against SSI’s $2,000 asset limit. The trust can pay for supplemental expenses that improve quality of life – education, recreation, technology, transportation – without replacing the government benefits it was designed to supplement.
There are two primary ways final expense insurance intersects with special needs planning:
| Scenario | How It Works |
| The disabled individual is the policyholder | If an SNT has been established for the disabled individual, the trust can own the life insurance policy on their life. Death benefits paid to the trust are distributed according to the trust’s terms – not directly to the individual – preserving SSI and Medicaid eligibility. This requires an estate planning attorney to structure correctly. |
| A parent or caregiver purchases coverage on their own life | A parent, sibling or other family caregiver purchases a final expense or life insurance policy on their own life, naming the Special Needs Trust as the beneficiary. When the caregiver passes, the death benefit goes into the trust – providing supplemental funds for the disabled individual without affecting their government benefits. This is one of the most important estate planning strategies for families with disabled members. |
| The disabled individual holds a guaranteed issue policy | A disabled individual aged 50–85 can hold a guaranteed issue policy directly, as long as the cash value and face value are monitored for SSI asset implications. For policies with face value above $1,500, the beneficiary should be an individual (not the estate) and the SSI asset impact should be reviewed with a benefits counselor. |
If you are purchasing a final expense insurance policy and considering naming a disabled SSI or Medicaid recipient as your beneficiary, stop and think carefully before proceeding. If that person receives a direct cash inheritance or insurance payout, it immediately counts as a countable asset – potentially pushing them over SSI’s $2,000 limit and disqualifying them from benefits, including Medicaid, until the money is spent down.
The correct approach is to name a Special Needs Trust as the beneficiary – not the disabled individual directly. Funds received by the trust do not disqualify the beneficiary from SSI or Medicaid. This requires an established SNT in place before the insurance claim is paid. If you have a disabled family member on SSI or Medicaid whom you want to include in your estate plan, consult with an estate planning attorney before naming them as beneficiary on any insurance policy.
One of the most overlooked aspects of disability and insurance planning is the caregiver’s own final expense coverage. Millions of Americans provide full-time or part-time care to disabled family members – parents, spouses, adult children or siblings. The death of a caregiver is not only an emotional loss; it can be a catastrophic practical disruption for the disabled person who depended on them.
When a primary caregiver passes away, the family faces two simultaneous crises: the grief of the loss, and the urgent need to arrange alternative care for the disabled family member. In many cases, the caregiver was the only source of personal care, transportation, medication management, and daily support. Replacing that care – whether through a professional home care agency, an assisted living facility or another family member stepping in – costs money that may not be immediately available.
A final expense insurance policy on the caregiver’s life provides the beneficiary with immediate cash to cover funeral costs – ensuring that the financial crisis of death does not compound the caregiving crisis. It also provides a small financial bridge while the family reorganizes care arrangements.
If the caregiver’s disabled family member has a Special Needs Trust, the caregiver can name the SNT as the beneficiary on their final expense policy. This allows the death benefit to flow into the trust – providing supplemental resources for the disabled family member without disqualifying them from SSI or Medicaid. This is an elegant and effective estate planning strategy that more families should use.
For disabled individuals living on SSDI or SSI, budget is a primary concern. Here is how to structure final expense coverage to maximize protection while keeping monthly premiums manageable.
Not every disabled individual needs a $25,000 policy. For someone who qualifies for Medicaid-covered burial assistance, has family members who will contribute to funeral costs or whose estate plan includes other provisions, a $5,000 to $10,000 policy may be entirely sufficient. Smaller coverage amounts mean smaller premiums. OLPolicy will help you identify the coverage amount that fills your specific gap – not more, not less.
Final expense insurance premiums increase with every year of age at the time of purchase. A disabled person who purchases coverage at 55 will pay significantly less per month than the same person waiting until 65 – for identical coverage. If you are currently managing your condition and your finances are stable enough to absorb even a modest monthly premium, the best time to lock in your rate is now.
| Age | $5,000 Coverage | $7,500 Coverage | $10,000 Coverage |
| 50 | $18 – $25 | $26 – $37 | $34 – $46 |
| 55 | $21 – $30 | $30 – $44 | $40 – $58 |
| 60 | $27 – $37 | $38 – $54 | $49 – $70 |
| 65 | $35 – $47 | $50 – $68 | $65 – $88 |
| 70 | $47 – $64 | $68 – $93 | $88 – $120 |
| 75 | $65 – $88 | $94 – $128 | $121 – $165 |
These estimates are for non-tobacco female applicants with level benefit eligibility. Male applicants and tobacco users will see higher premiums. Graded benefit applicants will see premiums approximately 20% to 40% higher than the estimates above. Even at graded benefit rates, most disabled individuals can find a policy that fits within a fixed income budget – often for less than the cost of a streaming service or a weekly restaurant meal.
| Budget Planning Tip for SSDI and SSI Recipients
Many SSDI and SSI recipients find it easiest to set up automatic premium payments by bank draft – scheduled for the same day their disability benefit is deposited. This ensures the premium is paid before other expenses compete for the funds. It also prevents the policy from lapsing due to a missed payment, which would require starting over with potentially higher premiums. OLPolicy can help set this up when you purchase your policy. Call (866) 757-5350. |
The right carrier for a disabled applicant depends heavily on the specific conditions involved. Here is OLPolicy‘s assessment of the top carriers for disabled individuals across different health profiles:
| Carrier | Why It Works for Disabled Applicants |
| Mutual of Omaha (A+ rated) | Broad acceptance of physical disabilities, controlled diabetes, and hypertension. One of the most trusted names in final expense with excellent claims payment history. |
| Aetna / CVS Health (A rated) | Flexible underwriting for common chronic conditions. Strong customer service for beneficiaries navigating claims while managing caregiving responsibilities. |
| Transamerica (A rated) | Wide age range to 85, two product tiers for different health profiles, and competitive premiums for applicants with stable chronic conditions. |
| Carrier | Why It Works for Disabled Applicants |
| American Amicable (A rated) | One of the most flexible underwriting approaches in the final expense market. Regularly approves applicants with COPD, complex diabetes, and multi-system conditions that other carriers decline. |
| Foresters Financial (A rated) | Strong graded benefit product with member benefits included at no extra cost. Good option for disabled individuals who want community support alongside financial protection. |
| Carrier | Why It Works for Disabled Applicants |
| Gerber Life (A rated) | Well-known guaranteed issue product with competitive premiums and a straightforward application process. Strong claims payment history. |
| AIG / American General (A rated) | Widely available guaranteed issue product with consistent premiums and strong financial backing. No health questions – anyone aged 50–85 qualifies. |
| Mutual of Omaha Guaranteed Issue | Trusted brand for guaranteed issue coverage. Slightly higher premiums but backed by one of the most financially stable carriers in the market. |
| Scenario 1 – Marcus, Age 54, Wheelchair User With Spinal Cord Injury
Marcus sustained a C6 spinal cord injury in an accident at age 31 and has used a wheelchair for over 20 years. He lives independently, works part-time remotely, and receives SSDI of $1,680 per month. He had always assumed his disability made him uninsurable. When Marcus called OLPolicy, a specialist reviewed his health profile. His spinal cord injury was stable, he was not on ventilator support, and he had no significant comorbidities. Mutual of Omaha approved Marcus for a $15,000 level benefit policy at $76 per month – immediate, full coverage from day one. Marcus told us: ‘I have been putting this off for years thinking I wouldn’t qualify. I wish I had called sooner.’ |
| Scenario 2 – Linda, Age 61, Multiple Sclerosis With Progressive Symptoms
Linda was diagnosed with relapsing-remitting MS at 43. Over the years her condition had progressed to secondary progressive MS, and she had reduced mobility and used a walker. She received SSDI and was on Medicare. She had a $1,200 countable asset balance and was careful about SSI rules, though she received SSDI, not SSI. OLPolicy reviewed her situation and connected Linda with American Amicable’s graded benefit product. Her MS was stable – no recent hospitalizations, no respiratory involvement – and she was approved for a $10,000 graded benefit policy at $94 per month. Her daughter is the named beneficiary. After the two-year graded period, Linda will have full coverage. ‘I feel like a weight has been lifted,’ she said. ‘I hated the idea of leaving my daughter with nothing but bills.’ |
| Scenario 3 – The Nguyen Family: Caregiver Coverage Protecting a Disabled Adult Son
Patricia Nguyen, 68, is the full-time caregiver for her 40-year-old son Daniel, who has an intellectual disability and receives SSI and Medicaid. Daniel has a Special Needs Trust established by the family’s estate attorney. Patricia had no final expense insurance of her own. OLPolicy helped Patricia purchase a $20,000 final expense policy naming Daniel’s Special Needs Trust as the beneficiary – not Daniel directly. Patricia’s premium is $104 per month. When Patricia passes, $20,000 will flow into the trust, covering her funeral costs and providing supplemental resources for Daniel’s care – without disqualifying him from SSI or Medicaid. Patricia said: ‘This is the piece I was missing. Now I know Daniel will be okay and that my own funeral is taken care of.’ |
| Scenario 4 – Robert, Age 67, SSDI Recipient With End-Stage COPD
Robert worked in construction for 35 years before being diagnosed with severe COPD. He uses supplemental oxygen daily and had been declined by three insurance companies. He was on SSDI and had no savings. His adult children were concerned about how they would pay for his funeral. OLPolicy connected Robert with a guaranteed issue policy through AIG / American General. No health questions were asked. Robert was approved for an $8,000 guaranteed issue policy at $87 per month. The two-year waiting period applies for non-accidental death – but Robert’s daughter understood the terms clearly before purchase. ‘Even knowing about the waiting period, it was worth it,’ she said. ‘We have a plan now. That’s more than we had before.’ |
Getting covered is more straightforward than most disabled individuals expect. Here is exactly what the process looks like when you work with OLPolicy:
| Step 1: Call OLPolicy for a Free Consultation
Call (866) 757-5350. A licensed specialist will ask about your age, gender, state, and general health history – including your disability and any related conditions. This conversation takes 10 to 15 minutes and is completely free and no-obligation. You do not need to have any documents in front of you. |
| Step 2: Discuss SSI / SSDI Considerations If Applicable
If you receive SSI, tell your specialist. They will walk you through how different policy types will be treated under SSI asset rules and whether a Special Needs Trust or irrevocable burial trust should be considered before purchasing. If you receive SSDI (not SSI), there are no asset limit concerns and you can proceed directly to policy comparison. |
| Step 3: Review Quotes From Multiple Carriers
Your specialist will present quotes from multiple carriers showing the monthly premium, coverage amount, benefit type (level, graded or guaranteed issue), and A.M. Best rating for each option. You will see clearly which policy type you qualify for based on your health history – and what each one costs. |
| Step 4: Select Your Policy and Designate Your Beneficiary
Choose the policy that fits your budget and coverage goals. Name your beneficiary – the person who will receive the death benefit. If you have a Special Needs Trust, discuss whether naming the trust as beneficiary is the right approach for your situation. You can name any person or trust you choose. |
| Step 5: Complete the Application
The application is short – one to two pages, completed by phone or online. For guaranteed issue policies, there are no health questions. For level and graded benefit policies, health questions are answered verbally with your specialist. Applications are typically completed in under 20 minutes. |
| Step 6: Receive Approval and Your Policy Documents
Most applications are approved within 24 to 72 hours. Your policy documents are mailed to you. Store them in a safe, accessible place and make sure your beneficiary knows where they are and how to file a claim. OLPolicy provides a simple claims guide with every policy. |
Q: Can someone on SSDI or SSI qualify for final expense insurance?
A: Yes. Receiving SSDI or SSI does not disqualify anyone from purchasing final expense insurance. SSDI has no asset limits, so there are no insurance-related concerns. SSI recipients should review how the policy’s cash value will be counted against the $2,000 asset limit and consider an irrevocable burial trust or Special Needs Trust to structure coverage appropriately.
Q: What if my disability makes it hard for me to complete an application independently?
A: A trusted family member, caregiver or legal guardian can assist with the application process. For individuals with cognitive disabilities who cannot complete a health questionnaire reliably, guaranteed issue policies – which have no health questions – are the most appropriate option. OLPolicy specialists are experienced working with caregivers and guardians on behalf of disabled applicants.
Q: Will final expense insurance affect my Medicaid coverage?
A: Medicaid eligibility is determined by income and assets, which vary by state. For most Medicaid recipients, a small final expense policy with a face value below $1,500 is fully exempt. Policies above this threshold may have the cash value counted as an asset. An irrevocable burial trust is a Medicaid-exempt alternative in most states. Always review the specific rules in your state before purchasing.
Q: I have been declined for life insurance before because of my disability. Can I still get coverage?
A: Yes, in virtually all cases. If standard carriers have declined you, guaranteed issue policies accept any applicant aged 50 to 85 with no health questions – regardless of the disability or reason for prior declines. OLPolicy also works with carriers that have more flexible underwriting than standard companies, meaning many applicants who were previously declined can qualify for graded or even level benefit coverage.
Q: How do I make sure the death benefit does not disrupt my disabled family member’s government benefits?
A: Never name an SSI or Medicaid recipient as a direct beneficiary on a life insurance policy. Instead, name a properly established Special Needs Trust as the beneficiary. Death benefits paid to an SNT do not count as the individual’s assets and do not disqualify them from SSI or Medicaid. Consult an estate planning attorney to establish or verify the SNT before designating it as beneficiary.
Every person – regardless of disability, diagnosis or income – deserves the peace of mind that comes from knowing their family will not be left with unpaid bills when they are gone. Final expense insurance was designed with exactly this purpose in mind: accessible, affordable, permanent coverage for people who have been underserved or overlooked by traditional insurance markets.
Whether you have a physical disability, a chronic illness, a mental health condition or a developmental disability – whether you are on SSDI, SSI or Medicaid – there is a final expense insurance option for your situation. The key is knowing which type of policy fits your profile, understanding how it interacts with your benefits, and working with a licensed specialist who will give you honest, complete information without judgment or pressure.
At OLPolicy, we believe that disabled individuals and their families deserve the same quality of financial protection as everyone else – and we are committed to helping every person who calls us find the coverage that is right for them. No condition is too complex for us to research. No question is too simple for us to answer. And no family should face end-of-life costs without a plan.
| Call OLPolicy Today – Every Person Deserves Coverage
Our licensed specialists are ready to help disabled individuals and their families find the right final expense insurance – regardless of diagnosis, income level or prior insurance history. We work with multiple top-rated carriers and specialize in finding coverage for complex health profiles. Call us today: (866) 757-5350 No pressure. No judgment. Just honest guidance from people who care about your family. |
OLPolicy | Licensed Insurance Agency | (866) 757-5350 | www.olpolicy.com
Helping Families Protect What Matters Most
This content is for informational purposes only. SSI and Medicaid asset rules vary by state and are subject to change. Consult a licensed benefits counselor or estate planning attorney for advice specific to your situation. OLPolicy agents are licensed in all states where they operate.
