Seniors Funeral Insurance

Whole life burial insurance can cover the cost of the funeral and other burial expenses.

Seniors funeral insurance. Burial insurance also known as funeral or final expense insurance is a great life insurance option for seniors. Most burial insurance policies are a type of life insurance called whole life insurance this type of insurance has no term to it and is considered paid up at age 100 in many cases. Linda december 2019 quietly efficient professional service the representative i spoke to on the telephone was clear. Burial insurance for seniors is a no exam required whole life insurance policy with lenient underwriting so seniors with health issues can still qualify.

It helps pay for funeral related costs to help ease financial and planning burdens for loved ones. Rapidecision senior life whole life offers the same coverage amounts for seniors aged 50 to 85 with coverage that matures at age 121. Get quotes save. Many seniors have long term illnesses before they pass away and others may even have an accident that leaves them.

Recently lost my husband who had his funeral plan through british seniors insurance and their professionalism was excellent at a difficult time. Rapidecision final expense protects seniors aged 50 to 85 with final expense coverage ranging from 5000 to 35000. Facebook twitter instagram linkedin youtube pinterest rss. As the prices of burials and funerals increase its becoming increasingly important for seniors to consider taking out insurance policies to cover their burial expenses.

What is burial or funeral insurance for seniors. Theyre meant to cover all the costs of a funeral. No health questions or waiting period. Coverage ranges between 2000 50000 and premiums are usually 50 150 monthly depending on gender age coverage bought.

Burial insurance for seniors coverage is usually best suited for people ages 50 to 85 although most companies offer plans to those as young as 30 days of age. Best burial and funeral insurance for seniors. Plans range in price from about 18 to 286 per month for seniors depending on the seniors age sex overall health and how much coverage they want. Seniors funeral insurance is guaranteed for australian residents aged 1879 with no medical or blood tests required.

A quick payout to your family. Consequently i have taken up the funeral plan and will writing services offered with my own insurance scheme. Best whole life insurance for seniors over 80 covers. All star senior benefits.

The average funeral cost is around 8755 and the price continues to go up each year. A typical funeral can cost between 5000 and 10000 depending on the kind of service and the choice of casket and funeral plot. Monday friday 0900am 0500pm. Seniors funeral insurance pays a lump sum to your family from 3000 to 15000 upon your death with cover for accidental death only in the first 12 months.

Funeral costs and burial expenses. Highly commended brand in the funeral insurance category readers digest trusted brands award 2020 2018 2016 and 2015.