Seniors Life Insurance

Best Burial Life Insurance Seniors for 2019

Burial insurance is a type of whole life insurance with a small death benefit, typically $5,000 to $25,000, specifically intended to cover your burial expenses.

Because these policies are relatively small, they have minimal medical underwriting requirements.

You may have to complete a health questionnaire, but you may not need to complete a medical exam.

Burial insurance policies are relatively expensive for the amount of coverage they provide, but they can be a good option for seniors with serious health problems who don’t want their funeral costs to be a financial burden on those they leave behind.

Best Option Burial Life Insurance for Seniors for 2019

A whole life policy is a better option if a senior is looking for coverage specifically to make sure their final expenses are taken care of — because a term policy will likely expire before they die.

We would only recommend whole life for seniors looking for $25,000 or less to cover burial costs.

For larger amounts of coverage, a guaranteed universal life policy would be a better value.

If you’re seeking a plan with absolutely no questions asked about your health and no health exam, look into guaranteed issue plans that don’t assess your health in any way.

They literally issue the policy to everyone, no matter what.

Where to shop for Life Insurance Seniors for 2019

Mintco Financial Team has helped secure life insurance on many people over the years with conditions such as diabetes, heart attack, bypass heart surgery, DUI history, elevated liver enzymes, multiple sclerosis, high blood pressure, build, high cholesterol, cancer history.

Amounts of coverage have ranged from $5,000 up to $5 million of protection.

We understand that when it comes to shopping for life insurance for diabetics, it can seem like a scary proposition. There are so many variables to keep in mind – and so many questions that you may be required to answer.

You may have been turned down in the past for the life insurance coverage that you need. It may seem like there’s nowhere else to turn.

But the good news is that there are insurance carriers out there who will offer you the life insurance coverage that you need at a price you can afford, giving you and those you love the chance to get back that financial peace of mind. So, contact us today – we’re here to help.

Get your Free Burial Life Insurance HERE!

Call 716-565-1300 or 813-964-7100

Email [email protected]

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