Final Expense Insurance for Seniors over 80

Can seniors over age 80 get life insurance to pay for their final expenses?

Yes, there are life insurance companies that offer senior life insurance for people over 80 years old.

In fact, several insurers offer guaranteed issue final expense life insurance, including United of Omaha, Vantis Life and Metlife, among others, but some of these plans are for people up to age 80.

United of Omaha does offer guaranteed approval final expense life insurance for people ages 45 to 85.

You cannot be turned down due to any health issues.

Learn more about final expense insurance for seniors over 80

Can I qualify for a final expense insurance policy if I have health issues?

Final expense life insurance policies are designed to help seniors get insurance to cover their final expenses, including the cost of a funeral and burial related expenses.

It is much easy to qualify for a final expense insurance policy than it is for a traditional life insurance policy, but there are still some health issues that might cause an insurance company to turn down an application.

Final expense insurance is a form of insurance that requires no medical exam, which means there are no health screenings or tests required to qualify.

There are also guaranteed issue final expense policies that guarantee your approval for coverage, but there may be limited benefits the first 2 years you are insured by your policy.

Guaranteed final expense insurance plans mean you cannot be turned down due to any health problems, as long as you meet the age requirements for acceptance. Some carriers guaranteed approval for people 45 to 85 years of age.

Term Life Insurance for How Long?

How long does a term life insurance policy last?

Term life is temporary coverage providing life insurance protection for the "term" of your policy.

You may choose a "term" of 10, 15, 20 or 30 years from most term life companies.

With level term life insurance you have coverage for the term (duration) you choose, and your premiums remain the same each year for the length of your term.

In addition, the amount of life insurance you select will remain level throughout the entire term of your term life policy.

Term life is very popular because it offers the lowest prices on life insurance lasting for 30 years or less.

So, if you are on a budget, need the most life insurance for your money, have a family, own a home, or need to provide protection until the mortgage is paid off or the kids are grown up, term life may offer a good option for life insurance.

Get a Free Term Life Insurance Quote

Fidelity Rapid Decision Life Insurance

What is a Fidelity Rapid Decision Life Insurance Policy?

It's a type of hybrid life insurance plan that combines two types of life insurance policies.

You get term life insurance and accidental death insurance.

With Fidelity's Rapid Decision Life insurance you can buy up to $1,000,000 of life insurance protection online without taking any physical examination.

A portion of your policy will be term life insurance (1/3) while the other part will be accidental death coverage (2/3).

If you choose to take a health exam within a certain period of time, you can get the entire amount of life insurance as term life protection.

Learn more about Fidelity Rapid Decision Life Insurance Coverage and request your free quote today.

Pre-Need Funeral Insurance

Pre need funeral insurance is a single premium life insurance policy, from which the death benefit is used to pay the predetermined expenses of the insured’s funeral.

The funeral home agrees to provide the funeral in exchange for the death benefits form the life insurance policy.

In addition to pre-need funeral plans there are funeral insurance policies that pay your beneficiary (instead of the funeral home) the death benefit from your life insurance policy.

That way, your beneficiary can use the proceeds from your funeral insurance policy to pay for your funeral costs, as well as, anything else, like paying off medical bills, credit cards, house payments, or maybe any other expenses related to your funeral and burial costs.

What is Termfinder?

If you're looking for life insurance on the internet you may have heard about Termfinder.

Termfinder is an online life insurance quote provider which has a network of highly-rated insurance companies.

With Termfinder you can request and compare instant life insurance price comparisons to help you quickly and easily find the most affordable life insurance protection for your family.

Get a Free Quote for Life Insurance

How does it work?

You just visit their site and answer some basic questions to receive your instant quotes for life insurance.

Your life insurance quotes will show you the names of the insurers and their financial strength stings, the prices offered and the amount of coverage quoted.

Termfinder has licensed life insurance representatives who can assist you with the entire process of purchasing your life insurance coverage and answer any questions you may have regarding life insurance.

Here's how you can learn more and request your Termfinder life insurance quotes online.

Universal Life Insurance Explained

While many people like the simplicity and low cost of a term life insurance policy, others are looking for something more that adds additional flexibility and an investment feature.

For many of those life insurance shoppers the answer may be a universal life insurance policy.

Universal life provides a flexible premium and an adjustable death benefit that builds value over time.

The flexibility of the universal life policy means that the policyholder is free to change the amount of life insurance coverage to match his or her needs, making it easy to adjust the life insurance policy as life events change over time.

Learn more and get a quote for universal life insurance