Qualify For a Burial Plan With Bipolar Disorder
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You may qualify for a state-regulated program to pay for your final expenses. It is important you know how to qualify for this life insurance benefit available to you. This benefit will pay for 100% of all funeral expenses up to $35,000. This payment is tax free for Virginia residents. You are entitled to receive no-cost information as a resident of Virginia. IMPORTANT – Return this postage paid card within 5 days.
If you are currently undergoing treatment for bipolar disorder you may qualify for a life insurance policy with the following guarantees:
These programs have the following guarantees
1. First Day Coverage. You are fully protected the very first day your coverage goes into effect with no exclusions and no waiting period.
2. Ease of issue. No physical exams.
3. Your premiums will never go up. Lock into a rate at your current age and the cost will never increase regardless of changes to your health and age.
4. You benefits will never go down. Regardless of changes to your health and age.
5. All programs build cash values.
6. The benefit is paid to your beneficiary tax free on the worst week of their life.
7. Your policy can never be cancelled as long as premium payments are made.
8. This is a protected asset that you will never be forced to liquidate.
Bipolar disorder, also called anic-depressive disorder, is characterized by cycling mood changes from severe highs (manic) to severe lows (depression). Sometimes the mood switches are dramatic, but more often they are gradual. From high to low, from recklessness to listlessness-these are the extremes associated with bipolar disorder, a mental illness that can be serious and disabling. These mood swings may last for weeks or months, causing great disturbances in the lives of those affected and those affected and those of family and friends, too.
Research suggests that bipolar disorder occurs across a spectrum of symptoms and, left untreated, generally worsens. The suicide rate is high among those with bipolar disorder. Bipolar disorder tends to run in families but can also be triggered by environmental factors. Roughly 15% to 30% of clients with a sibling or a parent diagnosed with bipolar disorder are at risk for developing the disorder.
Bipolar disorder is classified in main subtypes:
Bipolar I disorder - Patients have at least one manic episode with or without previous episodes of depression.
Bipolar II disorder – Patients have at least one episode of depression and at least one hypomanic episode that are not as severe or long-lasting as a manic episode. In hypomania, patients generally continue to function in their daily routine. In bipolar II disorder, the periods of depression are typically much longer than the periods of hypomania.
Symptoms are exhibited by an alternating pattern of emotional highs (mania) and lows (depression). The intensity of symptoms varies from mild to severe, there can be periods when there are no symptoms.
When in the depression cycle, an individual can have all of the symptoms of a depressive disorder. These include insomnia, fatigue, sadness, hopelessness, anxiety, guilt, loss of interest in activities, irritability, and suicidal thoughts or behavior.
In the manic cycle, the individual may be overactive, talk too much, have enormous energy, have an inflated self-esteem, become aggressive or agitated, express an increased sexual desire, and experience an inability to concentrate. Mania can affect thinking, judgment, and social behavior in ways that can cause serious problems and embarrassment. For instance, the individual in this phase may make unwise business decisions or create grand schemes that are difficult to fulfill. Untreated, mania may worsen to a psychotic state.
The goal of treatment is to decrease the episodes of both depression and mania. Treatment is lifelong and includes maintenance treatment during periods of remission. Major treatment includes medications (often for life) and psychotherapy. Sometimes, patients are admitted for inpatient treatment to help stabilize their moods.
First Day Coverage
Those with bipolar disorder can qualify for a first day coverage life insurance policy. We here at LifePolicyShopper have carriers that will provide first day coverage for those living with bipolar disorder.
Final Expense Life Insurance
Funeral costs continue to increase every day. Families are faced with the difficult task of saying goodbye to loved ones. Did you know that according to the National Funeral Directors’ Association - as of January 2013 the national median cost of an adult funeral with vault costs $8,343.00 with additional expenses? Additional expenses can include a cemetery plot. Many funerals exceed $10,000.00 dollars and that’s before any outstanding debts or medical bills.
Planning your funeral requires a careful consideration of all your final needs. Consider how you want to be remembered, where your final resting place should be, whether you wish to be buried or cremated and what type of casket or urn you prefer. A funeral director will give you a list of the services and products that it provides. The value of your final expense life insurance policy should cover the expense of the package you choose, plus any additional costs.
The most basic, economical option is generally an immediate burial plan. An immediate plan may include a modest service at the graveside and a simple casket. The expense of a viewing is not included in most immediate burial policies. The costs of the plot, a headstone and flowers must be paid for separately and should be included in the estimate of your final expense.
A traditional full service option, including a viewing, a hearse, a formal ceremony and entombment and cremation is more costly than an immediate or direct package. When you consider the costs of a package, you must take every extra expense into account in order to arrive at an accurate estimate of your financial expenses.
Don’t Leave your bills behind for family members to pay
Like most, you probably do not want to leave these financial burdens to your loved ones. Proceeds from a final expense life insurance policy pass to your beneficiary at the time of your death to help cover funeral or burial expenses, unpaid medical bills or other costs. Speak to us today to find out how one purchase can lead to a lifetime of peace of mind.
Unexpected costs can create a financial burden on family members, making this time even more difficult. Planning your funeral arrangements or how your loved ones will pay for your final expenses is not typically at the top of anyone’s to-do list. But could your family pay for these expenses without sacrificing their retirement and savings? If you’d like the comfort of knowing you are not leaving a financial burden to your family, plan for these costs by purchasing life insurance. A policy can protect your family from spending their hard earned savings on your final expenses. These whole life insurance policies offer you and your family lifetime protection with rates that never increase.
You’ll never have to worry about losing coverage. Even if your health conditions changes your rate is guaranteed for the rest of your life. An income tax free death benefit, money that passes to your beneficiary is generally income tax free. No required medical exams. Applying for one of these whole life insurance policies is quick and easy. Simply answer a few medical questions on the application with guaranteed qualification. Every applicant can qualify for coverage.