Tuesday, November 26, 2019

Funeral Insurance for Seniors


Is there funeral insurance available for senior citizens?

Yes. In fact, most funeral expense life insurance plans are geared toward people who are between the ages of 45 to 75, or older.

These funeral plans offer usually Guaranteed-Approval. The age requirements for acceptance may vary by life insurance company.

Guaranteed approval means you can't be denied a policy due to any pre-existing health conditions.

And, rates may start as low as $8.80 per month, depending on the amount of coverage you need, your age and gender; as well as, the state in which you reside.

Some insurance carriers offer up to $20,000 or more of life insurance for funeral expenses.

The average cost of a funeral including related expenses is around $8,755 - so you may want to take that figure into consideration when choosing the amount of insurance you wish to purchase.

Here's how to get funeral insurance for seniors.

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