Best Burial Insurance For the Elderly Quotes in NY

Best Burial Insurance  for the Elderly Quotes in NY

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Burial insurance provides valuable financial assistance to your family to help pay for your funeral, and other unpaid bills, when you pass away.

It helps to ensure your final expenses are taken care of, relieving your loved ones during this emotional time.

A traditional funeral costs about $6,000 on average, although some funerals can cost as much as $10,000, making a proper burial a major expense for the survivors of many people.

What Is Burial Insurance? Best Burial Insurance For the Elderly Quotes in NY

Burial insurance is a whole life insurance policy .

The industry calls it “burial insurance” because it is an easy way to describe the need – to pay for your funeral and burial expenses upon your death.

Face amount or death benefit  usually run between $3,000 and $25,000.

Some policies allow for  greater death benefit. With the average funeral cost being $15,000 or so, these small whole life insurance face amounts work well.

How Burial Insurance works?

After you die, burial life insurance pays the death benefit of your policy directly to your beneficiary who can use the money in any manner.

For example, if you have a $15,000 burial insurance policy and funeral expenses came in at $10,000, your beneficiary might choose to use the additional funds to pay for other final expenses such as outstanding medical bills, legal costs, or any other outstanding debts you may owe.

How much Burial Insurance Cost

Burial insurance is very affordable, with many policies costing between $50-$100 per month.

As you may already know, insurance costs vary based on a number of factors, including how much coverage you need, your age, and your gender.

Before you are able to know what kind of policy is best for you, you should consider what you want in a funeral and determine your needs.

Do some research and determine how much the services you prefer would cost.

Any costs involved with your service will be covered by your burial insurance policy. Some of these include:

  • Casket and case
  • Burial plot or vault
  • Headstone or marker
  • Service accommodations and decorations
  • Funeral flowers
  • Procession costs
  • Cremation (if you choose this option instead of a funeral)

Many of these services will be handled by professionals that work closely with the funeral home that produces your funeral.

They generally offer packages at fixed cost, so ask your funeral home about prices and decide how much you need to cover all aspects of your funeral service.

How to apply for Best Burial Insurance for the Elderly Quotes in NY

It is very simple to apply for Burial Insurance in NY. Usually, all that is required:

(1) Filling out a yes/no application

(2) Having a phone interview with a member of the carrier’s underwriting team

The application is probably one of the easiest components of the burial insurance process.

Every carrier has a list of health questions to answer related to specific health conditions.

The great thing about burial insurance underwriting is that all of the carriers don’t usually consider common ailments like high blood pressure or high cholesterol.

If you have these ailments only, you can obtain burial insurance rather easily. 

Do I have to take a medical exam for Burial Insurance?

No medical exam is needed for coverage.


What is the application process like for a whole life insurance plan?


Usually, there is a simple application that needs to be completed and a follow-up phone interview. Coverage may be guaranteed regardless of the health issues. The application helps determine which plan is appropriate.

Why you should NOT Buy Term Life Insurance For Your Funeral Costs

Believe it or not, there are websites out there that recommend term life insurance as a plan to cover your funeral costs.

This is absurd advice, and please, if you get nothing else from this, do not buy term life insurance with the goal of using it for final expenses!

Term life insurance is very inexpensive, but that’s because it’s used for a term.

Typical term policies will cover you for 10, 15, 20, or even 30 years, depending on how long you need coverage.

These are great for newly married couples that want to insure their spouse or young families who want to make sure their kids and spouse will be covered in the event of premature death.

However, the older you get, the pricier these policies become.

In reality, term life insurance is not at all designed to cover your final expenses.

Burial insurance policies are designed to pay for your funeral and other expenses, and they don’t have a term.

They generally last until age 121, and the benefit is in line with the actual costs expected so that you don’t overpay for insurance, especially if money is tight.

If you’re 70 years old, and you want term life insurance to cover you for the next 30 years, you can expect to pay more than $3,000 per year for the lowest death benefit offered.

Burial Insurance is much more affordable, and we know that’s what’s important, especially if you’re living off a fixed income and don’t have much to spare.

Compare  Burial Insurance Quotes in NY Here!!!

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