2019 Best Affordable Cheap Life Insurance Parents
Most of us don’t like to think about our own or for any loved one’s funeral, but no matter how much we ignore the inevitable, the truth is that when the time comes someone will be responsible for those expenses.
The question is will it be our grieving loved ones like family members or friends who would pay the bill or would you plan ahead and take out funeral insurance to cover those costs so they’ll have one less concern to worry about.
Life Insurance for Parents protects your loved ones by covering the costs of the burial or cremation and service.
Most Life Insurance for Parents policies range between $5000 and $25,000 in value and are available to persons up to age 90 (depending in which State you live), so it never becomes too late to start life insurance plan, earlier the better as your good health and young age can get you lower premiums, which never change over the years and cover you till you live.
How to Get Life Insurance without Going for a Medical Exam?
You should only think about the burial expense to be covered with face amount in case you don’t have a massive outstanding debt.
The policy may be graded for a couple of years by the insurers.
In this case, if the insured person dies within that period, he/she will only receive the premiums with interest.
Best Option Life Insurance for Parents
Simplified issue life insurance
A simplified life insurance policy is a close cousin to the guaranteed issue life insurance policy.
Both are a type of no medical exam life insurance, but the simplified policy does have a medical questionnaire you will need to answer.
The more health-related questions you can answer ‘no’ to, the lower the premiums.
Premiums are lower than guaranteed policies, and coverage is typically higher.
Best Life Insurance for Parents Quotes Online
Don’t let emotions or cognitive decline affect your decision making when it comes to important financial matters.
Talk to your loved ones and don’t assume you know everything or that everything is fine.
Call us at 813-964-7100 or 716-565-1300 for a free quote
Or Get a Free Life Insurance for Parents Online and compare rates at