The Best Burial Insurance for Seniors over 75
Funeral and burial costs in US can easily add up to thousands of dollars.
At this challenging time for your family, a Burial Insurance for Seniors over 75 benefit can provide security and alleviate
financial burden from your loved ones.
The Greeks and Romans introduced burial insurance circa 600 CE when they organized guilds called “benevolent societies”
which cared for the surviving families and paid funeral expenses of members upon death. Guilds in the Middle Ages served
a similar purpose, as did friendly societies during Victorian times.
“Nobody can guarantee you immortality”.
This life insurance policies are limited premium payment whole life policies that, although available at almost any age, are usually purchased by older applicants.
Burial Insurance for Seniors over 75 can provide funds to cover:
- funeral costs
- outstanding debts and loans
- probate fees, cost of legal and other services to settle the estate and the taxes
The most important benefit of burial insurance for seniors over 75 is financial security for your family.
Having a burial insurance policy in place protects your family against this financial hardship and avoids the added stress of
paying your final expenses while dealing with their loss.
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 burial insurance to cover those costs so they’ll have one less concern to worry about.
Cost varies with gender, age, smoking status, medical history and the amount of coverage you choose. There are
many guaranteed to issue non-medical plans available with some conditions attached.
If I were to pass away suddenly, would my family be prepared to take care of the financial obligations?
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