Here’s Some Quick $3,000 Burial Insurance Quotes

Written by Choice Mutual | Last updated: May 11, 2017

$3,000 Burial Insurance Quotes

Feel free to fill out the quick quote form on this page to see real burial insurance prices from a bunch of final expense companies.

Trying to find real $3,000 burial insurance quotes online can be like a scavenger hunt. Most websites proclaim to give you rates, but almost none of them do.

But not today!

Fortunately, you found us, and we would never do that to you. With us, we give it to you straight.

In this piece, you will see actual rates on $3,000 final expense policies from five different highly rated insurance companies. In addition, we will also give you an expert breakdown regarding no health question policies.

Article Quick Guide

  1. Actual $3,000 Burial Insurance Quotes
  2. How No Health Question Policies Work


Actual $3,000 Burial Insurance Quotes

Below you will see real prices from five different burial insurance companies. The rates you see are real because they are taken directly from the insurer.

However, you must take the following items into consideration when you take a gander at these rates.

  • The prices are all consistent with no tobacco ratings.
  • The prices are consistent with applicants who would answer “no” to all the health questions on the application with each respective insurer.
  • Every final expense company will determine the precise rate you pay based on your exact age. You won’t see prices for every single age (it would be too long). However, you will see a price for an age that is relatively close to however old you are. Expect to pay a rate that is not too far off from whatever age is closest to you.
  • Choice Mutual represents lots of insurance companies. We are not limited to these five. We just selected these five companies at random.
$3,000 Burial Insurance Quotes
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$3,000 Burial Insurance Quotes
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80$35.53 $46.23
$3,000 Burial Insurance Quotes
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$3,000 Burial Insurance Quotes
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An Expert Breakdown Of No Health Question Policies

Ever seen this commercial or one similar to it?

From the way they describe it in the commercial, it sounds like the best thing since sliced bread!

But wait

You know the saying- If it sounds too good to be true, it probably is.

While that statement is not universally true, in this case it certain is.

So what’s the deal with these policies that are being sold by every life insurance company possible that has no medical underwriting whatsoever?

Let’s settle this issue once and for all.


How A No Health Question Policy Works

$3,000 Burial Insurance Quotes

There is one overriding principal that you must understand about a no health question policy.

It does not matter which life insurance company you buy it from. They all work the same way. The only measurable difference is the monthly price.

Basically, these are life insurance policies that have no underwriting of any sort. They do not ask a single question about your health, and they do not check your prescription or medical history at all.

They literally just issue the policy without knowing anything about you other than your name and your age.

As long as you meet their age requirements (every company has different age restrictions), and you have the legal mental capacity to enter into a legal contract they will issue you a policy.


The Waiting Period

Because the insurance company does not use health as a factor to determine insurability, they must protect themselves from those who are terminally ill.

To do this, there is always a two year waiting period on a guaranteed issue policy. During this time, the insurance company will not pay out a death benefit if you pass away from a non accidental death.

$3,000 Burial Insurance Quotes

Pretty much every company will pay out the full death benefit if the death is due to an accident. Unfortunately, accidental deaths are exceedingly rare, so this is not something you should remotely count on.

If you were to pass away during the waiting period, they will refund all your premiums plus interest. In most cases, the interest is 10%.

After the 2 years is up, you are protected in full for life.


Always Whole Life

Any guaranteed acceptance policy is going to be a whole life policy. There is no such thing as a guarantee issue term life policy.

Because these policies are whole life, the following will always be true:

  1. The monthly rate cannot increase.
  2. The policy cannot expire at any age.
  3. The death benefit cannot decrease.

Whole life policies are incredibly straightforward and easy to understand. There’s no fine print anywhere that you need to be leery of.


They Are Costly

The absence of medical underwriting tends to attract some folks in pretty bad health. Consequently, a pool of high risk applicants mean the insurance companies must charge more for the insurance in order to cover the expected claims.

You will find that guaranteed issue life insurance will cost roughly 30-500% more compared to the cost of burial insurance plans that do have underwriting. We say the range will be approximately 30-500% more because every company charges a different amount.

There are some companies that charge much less than others.


They Are Not The Best Option For Most People$3,000 Burial Insurance Quotes

This really is the most important point out of this entire section. The prospect of applying without having to answer any health questions sure does sound great, but it comes at a huge price.

Here’s the bottom line

The overwhelming majority of folks looking for final expense life insurance can and do qualify for a plan with some company that has underwriting. This results in two HUGE benefits.

  1. The monthly price is a lot less.
  2. There is no waiting period. A policy with underwriting offers the amazing benefit of day one coverage.

It’s pretty simple really. Would you rather unnecessarily pay more money each month and have a two year waiting period when you don’t have to?

Of course you wouldn’t!

This is why most people should not be buying a no health question policy.

Due to the amount of funeral insurance companies competing in the market today, there is almost always one out there that will accept all your health issues. The only question is- which one is it?

Consulting with an independent agency like Choice Mutual will ensure you find which companies will take all your health issues.


Best Companies For Guaranteed Issue

While most people on average should not take a guaranteed acceptance policy, there are some who should. The truth is there are some health situations where it’s totally appropriate to do so.

In fact for many of these health issues, guaranteed issue is the only way you can secure any new life insurance.

Here are some example conditions where a no health question policy is appropriate:

  • Cancer within the last 2 years
  • Congestive heart failure
  • Alzheimer’s or Dementia
  • Nursing home confinement
  • wheelchair usage due to a chronic illness or disease
  • AIDS or HIV
  • dialysis
  • transplants

For those who need a GI policy, these three companies are unequivocally the lowest cost.


The only difference with each company is the monthly price.

  1. AIG
  2. Mutual of Omaha
  3. Gerber Life

There no telling which one you should go with because they are all cheapest for various ages. They are all very close in price, but in the end one of them will be cheapest for you. Which one it is just depends on your exact age.


Choice Mutual is an independent agency licensed in all 50 states including DC. We work with over 20 highly rated final expense life insurance companies, so that we can compare offers from all of them to find you the best deal.

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