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How to qualify for life insurance when suffering from Alzheimer’s or Dementia.

In this article, we wanted to take a moment to answer some of the most common questions we get from folks applying for life insurance after having been diagnosed with Alzheimer’s Disease.

Questions that will be addressed will include:

  • Can I qualify for life insurance if I have been diagnosed with Alzheimer’s Disease?
  • Why do life insurance companies care if I have been diagnosed with Alzheimer’s Disease?
  • What “kind” of life insurance policies can I qualify for?
  • How can I help ensure I get the “best life insurance”?

So, without further ado, let’s dive right in!

Can I qualify for life insurance if I have been diagnosed with Alzheimer’s Disease?

Unfortunately, Alzheimer’s Disease is one of the pre-existing medical conditions that can make it impossible for you to qualify for a traditional term or whole life insurance policy. This means that if you have Alzheimer’s, you’ll need to consider alternative options such as a guaranteed issue life insurance policy (also known as a Final Expense Insurance Policy) or an accidental death policy if you still want to purchase some coverage.

Why do life insurance companies care if I have been diagnosed with Alzheimer’s Disease?

There are two main reasons why a life insurance company will care if an individual has been diagnosed with Alzheimer’s Disease. The first reason is that Alzheimer’s is a serious pre-existing medical condition that permanently destroys one’s memory and impairs one’s ability to perform even the most basic daily activities.

Symptoms of this disease can include mental decline, difficulty thinking and understanding, delusions, difficulty concentrating, aggression, agitation, mood swings, depression, jumbled speech, loss of appetite, and more. While some medications may slow down the progression of the disease, there is currently no cure for Alzheimer’s Disease.


Due to the seriousness of this condition, most (if not all) best-term life insurance companies will be unwilling to provide traditional coverage to those who have been diagnosed with Alzheimer’s, making finding coverage more difficult. The second challenge one’s going to face after being diagnosed with Alzheimer’s Disease is that purchasing a life insurance policy involves entering into a legal contract.

So, both parties will need to be of sound mind to enter into a legal contract, which may not be the case when working with individuals diagnosed with Alzheimer’s or early-onset dementia. This is why we at IBUSA ensure that the life insurance companies we work with play an active role in the placement of any life insurance policy like these so that it is clear to all parties involved that each side of the contract fully understands all policy elements being purchased.

What “kind” of life insurance policies can I qualify for?

As previously stated, individuals diagnosed with Alzheimer’s Disease are not eligible for traditional term or whole-life insurance policies. Instead, they need to seek out an alternative product if they wish to purchase coverage for their family. This coverage will not require a medical exam or health questions since having Alzheimer’s Disease disqualifies them from any life insurance policy that requires such information.

The good news is that there are two different products that they may qualify for. However, both of these products have pros and cons, which they must fully understand before applying for coverage. For this reason, we encourage them to look at our other articles that focus on these types of products or call us to review their options in greater detail.

Accidental Death Policies.

First, we want to clarify that an accidental death policy is not a life insurance policy. These products only provide coverage if the policyholder dies from an accident, such as a motor vehicle accident, slip and fall, natural disaster, or crime victimization, among others. It means that if the policyholder passes away from a heart attack, stroke, cancer, or other natural causes, the accidental life insurance policy will not provide any financial protection to their loved ones.


These policies can complement a true life insurance policy that pays out in case of natural death. Additionally, because accidental death policies are often affordable, some people may consider purchasing them as an extra “just in case” protection.

It’s important to keep in mind…

Accidental death policies have limitations and exclusions, so carefully reading the terms and conditions and understanding the coverage and benefits offered is essential. For instance, some policies may not cover death resulting from participating in high-risk activities or illegal acts.

So, in conclusion, if you are considering purchasing an accidental death policy, it’s recommended to review your overall insurance needs and financial goals and consult with a licensed insurance agent to make an informed decision.

Guaranteed Issue Life Insurance Policies.

Guaranteed-issue life insurance policies are actual life insurance policies that offer coverage in the event of death due to natural causes. However, before coverage begins for natural causes of death, there is a waiting period determined by the insurance company you choose. This waiting period, also known as a Graded Death Benefit, must be lived beyond.

During this waiting period, your guaranteed issue life insurance policy will only provide coverage for accidental causes of death. However, suppose you die from a natural cause of death before the Graded Death Benefit expires in most cases. In that case, all monies paid to the life insurance company will be returned to your beneficiary.

Guaranteed-issue life insurance policies have a graded death benefit because no medical questions are asked during application. Therefore, if someone who is very seriously ill purchases one of these policies just days before they die from natural causes or disease, the insurance company has no way of protecting itself from financial loss. The Graded Death Benefit prevents individuals from purchasing these policies at the last moment.

It’s worth noting that while these life insurance policies can be beneficial for those who don’t qualify for any other type of coverage, they tend to be expensive compared to other life insurance policies, dollar for dollar. Furthermore, these policies typically only allow individuals to purchase up to $25,000 in coverage, which may be a deal-breaker for some.

In conclusion, guaranteed issue life insurance policies offer coverage for natural causes of death but have a waiting period and graded death benefit. While they can be helpful for those who don’t qualify for other types of coverage, they tend to be pricey and have coverage limitations.

How can I help ensure I get the “best life insurance” for me?

In our experience at IBUSA, we have found that individuals who take their time reviewing their options, ask many questions, and seek out experienced life insurance agents tend to see the best life insurance policy for their needs. Working with agents with access to multiple life insurance companies is essential, especially if you have a pre-existing medical condition that may require a more customized approach.

The benefit of working with IBUSA is that we specialize in helping individuals with various medical conditions, and our agents have access to multiple life insurance companies. This enables us to provide our clients with personalized options rather than a “one size fits all approach.”

5 comments… add one
  • Nancy E. January 17, 2019, 6:05 am

    My husband is not capable of understanding the procedure.
    I have power of attorney. Can I sign for him in this instance?

    Thank you,
    Nancy E.

    • IBUSA January 18, 2019, 6:37 pm


      We would recommend that you give several insurance companies a call directly and see whether or not you would be able to purchase a life insurance policy on your husband. It may be possible, we just can’t do it here at InsurancBrokersUSA simply because of the additional liability that is involved in participating in setting up a policy with someone who may or may not be able to fully understand the concept.

      That said however, insurance companies do have the ability to insure whomever they choose so they might be able to assist you in your needs.



  • Jim S November 10, 2020, 3:46 pm

    Hi. Is it possible to get a guaranteed issue life insurance policy for someone aged late 80’s, early 90’s in NJ?

    • IBUSA November 11, 2020, 8:12 am


      All of the guaranteed issue life insurance policies that we currently work with have a maxium application cut off age of 85.

      Sorry about that,


  • Tara Wright April 1, 2021, 7:02 am

    My mom is 72 with dementia I currently have guardianship and will be paying her policy can she get life insurance?

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