2020 Guide Burial Insurance for Seniors
2020 Guide Burial Insurance for Seniors
Burial Insurance is a type of insurance that you take out to cover the cost of your funeral after you die.
Sometimes it is called a “Funeral Insurance” or “Final Exapenses Insurance”.
Depending on the type of funeral you would like to have, you can usually choose from $5,000 to $25,000 to cover the cost of a funeral.
After you die this money will be paid to whichever friend or family member you have nominated as the beneficiary.
Planning for how you are going to pay for your funeral is a good idea, and will save your family money and stress when the time comes.
How Much Does Burial Insurance Cost?
Burial insurance is a “guaranteed” payout (unlike car insurance, which will only pay out in the event of an accident, everyone will eventually die and collect on their burial policy), most of the costs are fixed. Your policy provider will take into account your age, your desired method of payment, and how large your payout is.
From there, you will choose a policy that fits with your needs. This means that while one person (say, a 50-year-old in good health) might pay a fairly small monthly charge, another person (someone in their 70s who is a smoker) can expect larger monthly fees and even big upfront cost.
Where To Buy Burial Insurance
Compare rates on the best burial insurance plans, you will instantly receive a handful of Life Insurance quotes for seniors.
As a result, you’ll be comparing the best burial insurance for seniors rates and the most affordable life insurance quotes for seniors.
Using the quoting tool you’ll be shopping the most affordable rates to find the best life insurance plan: www.MintcoFinancial.com
Can I buy a burial insurance plan?
Yes, there are burial insurance policies that offer guaranteed issue coverage for people between the ages of 45 to 89.
That means, you are guaranteed approval if you meet the age requirements.
The amount of coverage available may vary by insurer, but some offer up to $25,000 of insurance.
There are no medical exams required and no health questions asked for guaranteed burial insurance.
Can I Buy Burial Insurance for My Parents?
It can sometimes be possible that a child can buy burial insurance for their parents. The laws that make this possible or that deny it, vary from one state to the next.
Usually, this is permitted if the parent cannot afford to pay for burial insurance or if they have a debilitating disease that makes it difficult or impossible for them to make financial decisions.
NO Exam BURIAL INSURANCE quote online
Is it possible to get burial insurance coverage without answering any health questions?
Yes, in fact, you can request a quote online for no questions asked burial insurance that offers up to $25,000 of life insurance with guaranteed approval for people ages 45 to 89, depending in which State you live.
So, even if you have health issues or you have been turned down for coverage by other insurers, you may still be able to get insured.
With guaranteed approval burial policies there’s no health exam required and no health questions.
Best Burial Insurance Quote Online
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