Fill out the quote form on this page if you just want to see a list of real quotes from many of the top rated final expense insurance companies in your state. You will see a listed sorted from cheapest to most expensive. Take the guess work out and see for yourself which companies are the lowest cost.
Did you know that Leornardo da Vinci passed away at the young age of 67? The world famous artist who painted the Mona Lisa, died of natural causes on May 2, 1519. Boy that sure was a long time ago! Speaking of time, it’s the perfect time for you to acquire a cheap burial insurance policy. You are 67, but that doesn’t mean your rates will be high. Check out these sample burial insurance rates for 67 year olds to see just how affordable it is.
How To Get The Cheapest Rate On Your Burial Insurance
This is the key question everyone has for us. It’s quite simple actually. To get the best rate on your burial insurance, you must employ the services of an independent agency like us. Only an independent agency can shop and compare burial insurance prices from all the different final expense companies in your state. Doing a side by side comparison will ensure they can deliver to you the lowest rate possible.
There are non independent companies out there that sell final expense. For example, Lincoln Heritage, AARP and Colonial Penn are just three of the more well know purveyors of burial insurance. When you deal with any of these companies, they can only offer you their company. AARP can’t look at another insurance company to see if you can get a better rate elsewhere. The same is true for all the others.
It’s impossible for one insurance company to be the best option for everyone. For that reason, its completely necessary that whoever you work with be able to shop and compare many burial insurance companies for you. Then and only then will you truly be able to get the best rate on your burial insurance.
If you want to make this really easy on yourself and save time and money, call us. Choice Mutual specializes in final expense, we have been doing this for over five years, and we have access to all the top rated final expense companies in the nation. We will compare all the prices for you to ensure we find you the best deal we can.
The benefits of a burial insurance policy
Final expense life insurance is the perfect way to ensure you family is not burdened with your funeral costs. Burial insurance has some unique benefits that you won’t find elsewhere. Here are some of them:
- Permanent life time protection. The policy never expires.
- The payments are fixed for life. They cannot increase for any reason.
- The benefits can’t decrease.
- The policy can’t be cancelled. The insurance can’t cancel your policy for any reason other than for nonpayment.
- The underwriting is ultra lax. Most major medical issues are freely accepted.
- No physical or medical exams ever.
Basically, once you get a burial insurance plan, it will never change in any way. It will always be there to ensure your funeral expenses are taken care of.
Sample Burial Insurance Rates for 67 Year Olds
Just below you will see the some example prices for a 67 year old. These burial insurance rates are not exact. Basically, we take an average of a handful of carriers to come up with these prices. Your exact rate will be determined by exactly which company you go with, and how much coverage you select. You can probably tell that tobacco usage makes a big difference in the price. In general, life insurance will be anywhere from 30%-50% more expensive due to tobacco usage. If you use a pipe or chew, we have carriers who will give you non tobacco user status.
Non Tobacco User- Female
Non Tobacco User- Male
Tobacco User- Female
Tobacco User- Male
Burial insurance prices don’t change a whole lot each year you age. For example, take a look at how little of a price difference there is for a 66 year old. Even though the price will change very little with just another year added on, you should not feel complacent about time. Health is a major factor that governs the price of final expense insurance, and it can change at any moment. One of the biggest mistakes a lot of people make is waiting weeks/months/years while they think about it. Unfortunately, many people who choose to wait experience a change in their health. This results in higher premiums and sometimes waiting periods. The point we are trying to make is- if you know you want some burial insurance, act now! You never know what tomorrow holds.
Guaranteed issue final expense
Despite popular belief, guaranteed acceptance final expense policies truly are a bad option for most people. They’re very commonly advertised on TV, online, and through the mail. In a nutshell, guaranteed acceptance is a burial insurance plan that has no health questions or medical checks of any kind. Everyone is accepted no matter what.
At first, this sounds like the greatest thing since sliced bread. In all honesty, these plans are really cool and very valuable at times. However, they are not for everyone.
Let’s first break down some of the penalties incurred when you get a guaranteed issue burial insurance plan. First of all, there is a mandatory two year waiting peirod. If you pass away during the first two years of the policy, you will simply get 110% of your premiums back. They will not pay out a death benefit. Second, the cost on guaranteed acceptance plan is much higher compared to a plan that has health questions.
Given those drawbacks, you will probably more clearly understand why we say they are an inferior option for most people. The reality is that the vast majority of people can and do qualify for a burial insurance plan that has health questions. That results in two huge benefits.
First, your payments are a lot less. Also, your coverage will go into effect right away. Remember the two year waiting period we mentioned? Well if you qualify for a plan that has health questions, there is no waiting period to deal with.
Wouldn’t you rather pay less and have no waiting period? Most people do. You should always try to get a burial insurance plan that has health questions first. If you can’t for some reason, then consider a guaranteed issue plan.
Experience the Choice Mutual Difference
Choice Mutual is the most trusted burial insurance resource on the web. Nowhere else will you find a more experienced and qualified agency to guide you on your search for final expense insurance. We are not a jack of all trades. For the last five years, we have focused only on burial insurance. We always have and always will be experts in this business. Finally, you might be wondering what sets us apart from the other companies. All in all, there are 3 key elements that make Choice Mutual uniquely qualified to serve your burial insurance needs.
- We are an independent agency. This independence is why we can freely represent all the top final expense companies in the nation. In the end, we shop all the companies for you, so you get the best deal possible on your burial insurance.
- We have a P.H.D. in burial insurance underwriting due to our vast experience exclusively in this business. This intimate familiarity of burial insurance underwriting enables us to know with virtual certainly which company will provide you with the best burial insurance plan based on your individual risk.
- We are truly committed to helping you secure the best burial insurance plan possible. We do not care which insurance company happens to be your best option. All we care about is doing what’s best for you and your family.
If you need help with burial insurance, we would love to earn your business. You can call us at 1-800-644-2926. If you prefer that we call you, just fill out the quote form on this page. A licensed agent will be in touch shortly.