Feel to take a moment use the quote form on this page to see real time quotes from all the top burial insurance companies in the nation. You will see real prices from many different final expense companies that operate in your state.
Did you know that at the age of 50, Jack Cover was the man who invented the Taser? That’s a photo of him with the first Taser ever created. He is a perfect example that you are still in the prime of your life. By the same token, it’s right around this age that start thinking about their final expenses. If you are 50 years old and looking for burial insurance information, this article should be of great assistance to you. We have sample burial insurance rates for 50 year olds, and some helpful tips on finding the right burial insurance plan. You will find tobacco and non tobacco rates for both males and females.
Remember, your health plays a major role in the cost of any sort of life insurance. However, since we are independent agency that specializes in final expense, we likely have a company that accepts you and all your health conditions. In general, about 90% of our clients receive a plan that has no waiting period and a low rate.
First of all, we salute you for making the wise decision to take care of your final expenses. You will never know just how much your family will appreciate this. Funerals are quite expensive these days, and the cost is continually rising. In fact, the average funeral cost in 2012 was $8343.
This kind of bill left to your family would most likely constitute a heavy financial burden. This is the beauty of final expense insurance. With final expense, you can get coverage that goes into effect instantly. It’s whole life coverage, so it never expires. Additionally, the prices never change, and the benefits never decrease. You are instantly and forever protected from the your funeral expenses being left to your loved ones.
Sample Burial Insurance Rates for 50 Year Olds
Just below you will find a list of different rates for burial insurance at this age. Keep in mind, these are not exact prices. Albeit, the prices are really close to the rates from many companies. Nevertheless, they are not accurate down to the penny. Another thing to remember, insurance companies tend to change their rates every year or two, so these may be a little off. Usually, an insurance company won’t change the prices on their final expense insurance by too much. It’s typically around 1-5% when they do make changes. In the end, if the rates do change after this post, these numbers will still be pretty close. If you are looking for real time 100% accurate burial insurance quotes, just use our quick quote form on this page.
You will see rates for both a Non Tobacco and Tobacco classification. In general, you should expect to pay 20-40% more on your burial insurance if you smoke, chew tobacco, or use e-cigarettes. Furthermore, the you will see only four face amounts shown. Absolutely, you can have much more or less coverage if you desire.
Non Tobacco User- Female
Non Tobacco User- Male
Tobacco User- Female
Tobacco User- Male
No matter what you do, please don’t make the mistake of waiting weeks or months before you put your plan in place. While it’s true the cost won’t rise much after next birthday. Case in point, take a look at burial insurance prices for a 51 year old. They are barely higher. The real risk factor many people fail to consider is their health. Your health can and will change. It’s just a matter of when. That’s why it’s so important to secure your plan while you know you can. Neither your life nor health are promised for any period of time.
Tips to Get the Best Burial Insurance Rates
You, like most people, probably want to get the best deal possible for your burial insurance. Here are a couple rules you should follow to help you do this. First, you must work with an independent agency that represents many different burial insurance companies (like Choice Mutual). By far, this is the most important step you can take to ensure you are getting the best deal on your final expense plan. Only an independent agency can represent all the different final expense insurance companies in the USA.
In essence, this freedom enables a company like us to compare rates from all the different companies to find which one will give you the best value. On the other hand, there are non independent companies out there. They have just one insurance company they can offer you. If their plan is not good for you, they have no other options. For this reason, they just can’t ensure you are getting the best value. Honestly, we can’t stress this enough. The single most important step you can take to ensure you get the best value for you and your family is to work with an agency that is independent.
The second important step to getting the best rates on your final expense insurance is to work with a company that is highly experienced in this space. There are dozens of burial insurance companies out there. All their plans have distinct underwriting. The trick is to find which one of these plans is best for you given your entire health profile. The only way to know which plan will suit you best, is to be ultra familiar with the underwriting from all these different burial insurance companies. This knowledge can really only be acquired through experience.
We specialize in final expense
At Choice Mutual, we have literally helped thousands of families. We have the vast experience that has given us this underwriting knowledge. At the end of the day, we can quickly diagnose your entire situation and determine which burial insurance company will approve you and give you the best deal.
To recap, to get the best deal on your final expense plan you have to find a company that has the following two traits:
- They are independent agency that represent lots of burial insurance companies.
- They are highly experienced and very familiar with the underwriting from all the different companies
As long as you find an agency that has those two attributes, you will be in good hands. Obviously, we hope you give us the opportunity to earn you business. However, if you look elsewhere, just make sure you work with a company that has those two qualifications. If you do, you will get a good deal.
One Last Tip
If you seriously want to protect yourself, we encourage you to take immediate action. Sadly, too many people are comforted by a false sense of security. Most people think there is virtually no risk of dying in the immediate future. Albeit, this is a true statement. The chance of you passing away anywhere near age 50 is quite low. However, there is a bigger risk factor that most people fail to consider, and it can be detrimental to you and your family.
Most people never consider how their health will change as time goes on. And make no mistake; your health will change. It’s just a matter of when. With this in mind, your health plays a major role for the cost of burial insurance. If you have a health event like a heart attack, stroke, or a bout with cancer, these things can make your rates go way up and cause you to endure waiting periods.
At the end of the day, your health is not locked in. It can change at any moment. If you know you want the protection of burial insurance, we plead with you to get yourself approved while you know you medically can. Do not wait. All too often we have seen people wait weeks or months. Sadly, in that short period, their health changed for the worse, and it caused their prices to rise. As mentioned, we have a really high success rate of securing immediate protection burial insurance for our clients. However, there are certain health situations where higher prices and waiting periods are unavoidable.
Follow the advice of Nike. Just do it. You won’t regret it. Burial insurance prices at your age are super low. Lock them in while you know you can. Tomorrow just isn’t promised.
We are here to help. Call us or fill out the quote form, so we will call you. You have our word that we will do all we can to get you the best deal on a burial insurance plan.