The Senior Life Insurance Quote Website
Looking for a website you can compare Senior Life Insurance?
You are in the right place!
Before you start to compare quotes lets explain types of Senior Life Insurance:
- Burial or Final Expenses: These policies are considered Whole Life insurance, which means your policy does not expire as long as you pay the premiums, and it’s issued without a medical examination. Burial or Final Expenses policies typically offer enough money to cover funeral expenses and pay off a few debts (between $3,000 and $30,000). Your premium will not increase and policies are often available to seniors well into their 70s and 80s.
- Guaranteed coverage makes sense if you’ve been denied life insurance for health reasons. The catch to these policies is that they feature a two-year, graded, or limited benefit period. During this time, you only get a payout if your death is accidental. If you die from an illness, the company refunds your premium plus interest.
- Simplified Issue plan: requires that you complete a basic medical questionnaire and meet specific qualifications.
While a traditional life insurance policy can provide funeral and burial coverage, Senior Life insurance policies have a lower face value than standard life insurance plans. You can purchase a Senior Life Insurance policy with a coverage limit of several thousand dollars, enough to pay for a basic funeral service, casket, burial and cemetery plot.
Life Insurance Companies That Specialize in Senior Life Insurance
There are more than 75 life insurance companies that provide Senior Life Insurance, but there are only a handful that really specialize in it.
These companies include Mutual of Omaha, The Foresters, Assurity Life, Oxford Life, Equitable Life, Colorado Bankers, Forethought Life and Liberty Bankers and several others.
Mintco Financial Team of Independent Advisors will help you find the best policy for your needs and budget.
Call us at 813-964-7100