Where to find Cheap Funeral Insurance?

Where can I find cheap insurance to cover funeral costs?

There are several good insurance companies that offer funeral expense insurance plans. However, each carrier has their own pricing approach based on your age, gender, the amount of coverage, and a few other factors that go into determining your premium.

However, some insurers offer coverage for funeral insurance starting as low as $8.80 to $10 per month, but this is for the lowest amount of coverage.

You may be able to choose from $3,000 up to $25,000 of funeral life insurance. Some of the leading providers of funeral insurance include United of Omaha, Gerber, AARP/NewYork Life and Colonial Penn.

Here's how to learn more about finding a cheap funeral insurance policy.

Is It More Affordable To Buy Life Insurance When I'm Young?

Your life insurance premiums will increase as your life expectancy decreases. This means the older you get, the more life insurance is going to cost you.

Whether you buy permanent insurance or term life insurance, it will usually cost you less while you're young.

If you're at high risk for a medical condition that might make it too expensive or impossible for you to get insured for life insurance later in life (for example, a family history of cancer), consider buying a life insurance policy while you're still young and in good health.

If you buy term life insurance, ask about a renewability provision. Although your premiums may increase at renewal time because your life expectancy is shorter, you'll be able to renew your life insurance policy without having to prove your insurability again, which means, you won't have to take a physical exam to qualify for the renewal policy.

Keep in mind several factors affect the cost of your life insurance policy, including your current health, whether or not you are a smoker, your lifestyle, occupation and hobbies, and any pre-existing medical conditions.

Here's how you can find affordable life insurance coverage.

Life Insurance That Allows for Payout Before Death

Yes, most life insurance companies provide life insurance policies that can pay benefits that the insured can get enjoy even while he is still living.

This is through a living benefit rider, usually called an ADB or accelerated death benefit rider.

The ADB can be purchased (added) at the time the life insurance policy is issued, or later on during the life of the insurance policy. With this rider, the insured can "advance" his death benefits when he is diagnosed with a terminal or critical illness.

When this happens, the insurance company will pay a portion of the insured's death benefits. The insured can get from 50 to 80 percent of the face amount of the life insurance policy. This is either paid on an installment basis or as a lump sum.

Learn more about an accelerated death benefit for life insurance.

How to get Final Expense Direct?

Can I buy a final expense life insurance plan direct from the carrier?

Actually, it may be much easier than you might expect. You can request a free price quote online and apply for your final expense policy today.

You can choose from $3,000 up to $25,000 of coverage and there's no health exam or health questions asked.

If you're age 45 to 85 you get get guaranteed approval coverage - you cannot be turned down due to any health condition.

Learn more about how to get final expense direct.

Mortgage Credit Life Insurance

What is a mortgage credit life insurance policy?

It's an insurance plan that protects your lender in case you pass away before your home mortgage loan is repaid.

Some lenders may require a home buyer to take our credit life insurance if the home buyer is putting down less than 20% to buy the home and take out the mortgage loan.

Keep in mind, once you have 20% ownership in the home, you may not have to continue carrying the credit life insurance eon your home mortgage.

Learn more about how mortgage credit life insurance works.

No Exam Whole Life Insurance

Can I buy a whole life insurance policy without taking a physical examination?

Yes, there are no exam whole life policies available. However, there may be certain restrictions on who may qualify for coverage. For instance, some insurers have age limitations of 45 to 85. And, the amount of no exam whole life may be limited to around $25,000 depending on the type of policy available.

For example, there is an "A+" rated carrier that offers up to $25,000 of whole life with no exam and no health questions asked. Your approval is guaranteed if you are between the ages of 45-85. This means, you cannot be denied coverage due to any type of health problem. Here's how to buy no exam whole life insurance coverage.

No Physical Exam Life Insurance

How much life insurance can you purchase without taking a physical?

Well, you could buy more than one policy form different carriers, but the largest amount of no exam life insurance I have seen online is $1,000,000 without an exam, if you qualify based on the health questions asked on the application for coverage.

One carrier rated "A++" Superior by AM best offers form $50,000 up to $1,000,000 of no exam life insurance.

You can get an instant price quote, apply online in about 20 minutes, and instantly find out if you qualify for coverage. If approved, you can begin your life insurance policy right away.

Learn more about buying no physical exam life insurance and starting your policy today.