Sample Burial Insurance Rates for 64 Year Olds

Written on August 23, 2016 by Choice Mutual

https://choicemutual.com/sample-burial-insurance-rates-for-64-year-olds/

Fill out the quote form on this page to see real instant quotes from many of the top burial insurance companies in your state. Just fill in your information and the quotes will be displayed on the next page. They will be sorted from cheapest to most expensive. If you have some serious health issues, call us at 1-800-644-2926 to get a more accurate quote.

Did you know that Sammy Davis Jr. was just 64 years old when he passed away? Unfortunately, the iconic entertainer lost his battle to throat cancer on May 16, 1990. It just another example of how you never know when your Sample Burial Insurance Rates for 64 Year Oldstime will come. It’s always good and necessary to prepare for the inevitable. With that, burial insurance can help you attain true and lasting peace of mind. To get an idea on the cost of burial insurance, keep on reading. We have some sample burial insurance rates for 64 year olds to help you get a sense for what it will cost. These prices are not exact, but they are pretty dang close to what most 64 year olds pay.

 

Is burial insurance needed?

In all honesty it depends. First of all, you don’t necessarily need burial insurance if you have cash on hand to outright pay for your funeral. However, if you can’t afford to pay cash for your funeral, then you need some sort of plan that will do so. In that scenario, that is where burial insurance comes in to save the day.

With burial insurance, you can get instant peace of mind knowing your funeral expenses are covered. You may be searching for a plan that is going to ensure your funeral bills are not a financial burden on your loved ones. Well, burial insurance is the only vehicle that protects you instantly. You can get coverage that goes into effect right away. You can have immediate peace of mind knowing that if something happens to you, your burial insurance policy will provide the funds to pay for your funeral.

If you are ready to be protected, you should act now to get the best price on your burial insurance. If you choose to wait, you run the risk of your health changing for the worse. This could have a huge impact on your price and potentially result in a waiting period. If you choose to wait and you get older, the price increase will be very small. Check out final expense insurance costs for a 65 year old to see just how much burial insurance prices change when you get one year older. Your health is the key factor that should not be taken for granted. It can and does change very often.

 

Tips To Find The Best Burial Insurance Plan

  1. Be totally honest about all your current and past health history. This is very important. This will arm your agent with all the information they need to accurately assess your situation. Furthermore, they will be able to know with virtual certainty that you will be approved and with which company. When it comes to life insurance, you have nothing to gain by withholding any information.
  2. You absolutely must work with an independent final expense agency. This is of paramount importance. You doing this will help you get the best burial insurance policy more so than any other action. Only an independent agency can freely shop and compare the prices from all the different burial insurance companies. Only an independent agency (like Choice Mutual for example) can freely choose which company best suits you. We cannot stress this enough. Obviously we recommend that you work with us, but if not make sure it’s an independent agency. If you fail to do this, you will be inherently working with an insurance company that has just option. They won’t be able to shop the market for you to find you the best deal.
  3. Work with an agency that specializes in final expense, and has ample experience doing so. This is secondary to working with an agency that is independent, but it’s still of great importance. The thing is, every insurance company has vastly different underwriting. The key to getting you the best burial insurance plan is to find which company accepts all your health conditions with open arms. An agency must be ultra familiar with the underwriting with all the burial insurance companies. This way they will know which ones will accept you. Immense experience is the only way to acquire this knowledge.

 

Sample Burial Insurance Rates for 64 Year Olds

Non Tobacco User- Female

$5,000$10,000$15,000$20,000
$22$41$60$79

Non Tobacco User- Male

$5,000
$10,000
$15,000
$20,000
$28
$53
$78
$104

Tobacco User- Female

$5,000
$10,000
$15,000
$20,000
$31$61
$89
$119

Tobacco User- Male

$5,000
$10,000
$15,000
$20,000
$41
$79
$118
$156

What if you heave health issues?

The overwhelming majority of applicants are able to qualify for burial insurance in spite of their health conditions. Moreover, there are guaranteed issue burial insurance policies available for the really unhealthy. These plans do not ask health questions or check your medical history in any way. Granted, there is a mandatory two year waiting period, and they are a bit more expensive. However, if totally necessary, they are there if needed.

One important thing to remember is that most applicants can and do qualify for burial insurance that has an immediate benefit. This is the direct result of many final expense companies competing with one another. They all accept and decline different health conditions to be competitive in their own way. When you factor in all your options across dozens of insurance companies, pretty much every health condition can be accepted.

The thing is, in order for you to benefit from this competition, you need to work with an independent agency like Choice Mutual. As discussed above, working with an independent agency is the single greatest thing you can do to get the best burial insurance policy. This is particularly the case when it comes to underwriting.

At Choice Mutual, over 90% of our clients are able to secure a policy that has first day protection. This is only possible because we represent many different final companies. We simply shop and compare prices for each client to find them the best plan possible.

We look for two main things. First, we look at all the companies that will give you immediate coverage. After that, we then choose which one is cheapest. It’s a  simple yet effective process. The net result is you getting the lowest price plan that goes into effect as soon as possible.

 

Guaranteed issue burial insurance

These policies ask no health questions, and they do not check your medical history. Typically, they are the last resort once all other options are exhausted. These plans have a two year waiting period. If you die during this time, the insurance company will simply refund 110% of your money. In addition to the waiting period, they are more expensive.

They have their place and there are indeed times when they are necessary. The thing is, most people are not best served by these kinds of policies. Please never make the mistake of buying a guaranteed issue burial insurance plan without first trying to get one that has underwriting. If you are able to secure a policy that has health questions, you will pay a lot less and avoid an unnecessary waiting period.

If you are considering guaranteed issue burial insurance, or someone is recommending it, please call us first. We will go over your health situation and give you our honest feedback. A consultation with us is no obligation to anything. We are merely here to help. If you want us to help you get a policy we certainly will, but that is up to you.

One final word

Hopefully this article helped you out on your burial insurance search. If you want to make your search as easy as possible and save time, give us a call at  1-800-644-2926.  You can also fill out the quote form on this page with your information and we will call you. Final expense is all we do, and we can help you find the best policy possible.

About ChoiceMutual.com
About ChoiceMutual.com

Choice Mutual works with all the top burial insurance companies throughout the nation to secure you the best price possible.

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