Want to know what age 59 final expense insurance costs?
See the quotes below to get your answer.
Article Quick Navigation Links
These funeral insurance comparison rates were taken directly from the insurance company.
You can trust they are accurate 😎.
That said, we must inform you of the following as you view these quotes.
- There is no guarantee that you will be approved for these rates. You must apply and be accepted.
- All women in Montana will pay whatever rate men pay (state rules).
- People who use nicotine/tobacco, but don’t smoke cigarettes may be eligible for non tobacco rates. Certain burial insurance companies offer non tobacco rates to people who don’t smoke cigarettes.
- You can buy any amount of death benefit coverage as you want. These face amounts are not your only options.
- All final expense life insurance quotes stay the same forever. They cannot go up with age.
GENDER & RATING $5,000 $10,000 $15,000 $20,000
Female No Waiting Period $17.45 $31.70 $45.95 $60.20
Female Tobacco & No Waiting Period $23.15 $43.10 $63.05 $83.00
Female Guaranteed Acceptance $22.50 $44.09 $65.68 $87.27
Male No Waiting Period $22.01 $40.82 $59.62 $78.43
Male Tobacco No Waiting Period $29.65 $56.11 $82.56 $109.01
Male Guaranteed Acceptance $27.59 $54.27 $80.94 $107.62
First and foremost, final expense insurance is life insurance. More specifically, it’s a little to no underwriting whole life insurance policy.
In fact, there never any exams required. Most applicants just need to answer a few health questions.
In almost every case, people buy these plans to pay for end of life expenses.
Want to know something great?
There are no restrictions or stipulations regarding how the money is to be used. Ultimately, these plans just pay cash to your beneficiary.
Technically, the money can be used for any reason not just burial costs.
If there should be excess money after the funeral has been paid for, that money would belong to your family for them to use as they see fit.
Because it’s whole life, the policy works as follows:
- Payments are fixed for life
- Coverage cannot decrease
- Policy won’t expire at any age
Basically, it never changes, and you can always count on it being there to pay your funeral costs when that day comes.
It’s the ultimate peace of mind knowing you are instantly protected from your loved ones having to bear the financial burden of unpaid final expenses.
How is burial insurance different than traditional life insurance?
Without question, what makes burial insurance truly unique is the underwriting.
Because the insurance companies know that seniors naturally develop health issues with age, these plans are designed to accept many common health problems.
Burial insurance policies have the capacity to absorb some very serious health conditions.
They want seniors to be able to qualify even when they aren’t in the best of health.
On the flip side, traditional life insurance policies are much harder to qualify for.
The health conditions accepted by final expense plans would absolutely get you declined with traditional life insurance policies.
Underwriting aside, another unique feature of final expense insurance is the option to buy a small amount of coverage.
With final expense, you can buy as little as $1,000 in coverage with some carriers. Contrast that with traditional life insurance where you are typically forced to buy a minimum of $25,000-$50,000.
That’s a big difference!
The low face amount options is wonderful because it enables you to only purchase just want you need. You don’t have to spend money on coverage that quite frankly you don’t need.
Obviously, we have no way of knowing where you are in your research process in regards to burial insurance.
You may just be thinking about it. However, you might just be looking for the right company to help you.
Regardless of where you are in the buying process, here’s the message we wholeheartedly want you to know.
We don’t care who you go with; we just want to you get covered as soon as humanly possible!
Obviously, we hope we get the opportunity to earn you business. We know we can find you the best burial plan possible (we have over 15 to choose from).
However, if you decide to go elsewhere, we are still just happy that you got something.
It may not be your best option, but whatever you get is a heck of a lot better than nothing at all.
We are giving you this important message for one simple reason.
Your health is not promised and it can change at any time.
Countless times we’ve had folks try to wait a week or months for various reasons. Unfortunately for them, their health changed and it had a huge impact on their eligibility and price.
You will not save money by waiting. Waiting can only make it cost more. If you know you want to be protected, please do it now.
Being a year or two older won’t impact the price much. Check out what final expense insurance costs in your 60’s to see for yourself.
Getting a tad older isn’t the issue. It’s your health that you need to be concerned with.
Do not make the same mistake the lots of others have by waiting. Health impairments only make it harder to qualify and more expensive.
We’re here to help. Call us at 1-800-644-2926. Our friendly agents will guide you through everything.