To see 72 year old final expense quotes, you view the quotes we have provided you on this page, or you can use the quick quote tool.
Are you trying to find out how much burial insurance will cost for someone who is age 72?
You came to the right place because that’s exactly what we are going to give you.
Don’t worry either, we won’t just give you one or two quotes. We are going to give you real prices from a six different insurance companies.
We know it can be frustrating to find these prices online because so many websites promise to show you rates, but they never do.
But not with us! We are the real deal.
In this article, we’ll show you a bunch of burial insurance rates for 72 year olds from six of the insurance companies we represent.
In addition, we’ll explain what’s unique about burial insurance plans, show you some “offers” you should avoid, and explain why Choice Mutual can hands down help you get the best price on your policy.
Fun Fact About The Number 72: Did you know that a woman named Margaret Ringenberg flew around the world at age 72? Talk about being dedicated to flying. Honestly, at any age, that is one long flight.
Article Quick Navigation Links
- Real Burial Insurance Prices For 72 Year Olds
- What’s Unique About Burial Insurance
- Common Final Expense Offers To Be Leery Of
- How Choice Mutual Can 100% Get You The Best Price
Just as promised, in this section you will find funeral insurance quotes for 72 year olds. These are real prices taken directly from the carrier. However, we need to remind you of a few things before you jump right to the prices.
- Prices shown are congruent with an applicant that would answer no to all the health questions with each of these companies (except for Gerber because they have no health questions). Usually, we can find you a burial company that has underwriting where you would be able to say no to all their questions.
- These prices are going to be the same no matter who you contact. By law, all life insurance rates must be equal regardless of who you buy from. You will not find another agent or agency that sells these companies at different rates.
- The tobacco rates only apply to those who have smoked cigarettes within the last year. If you use any other form of tobacco or nicotine, we have carriers that will offer you non tobacco rates.
- These six companies are just a handful of the carriers we work with. Overall, we have access to over 20 final expense life insurance companies.
We always list women’s rates first because you know- ladies first 😎. Click here if you want to skip to the male rates.
Non Tobacco Female
$5,000 $10,000 $15,000 $20,000
$31 $60 $88 $117
$5,000 $10,000 $15,000 $20,000
$32.62 $62.08 $91.55 $121.01
$5,000 $10,000 $15,000 $20,000
$32.20 $60.90 $89.60 $118.30
$38.46 $74.71 $110.97 $147.22
$41.19 $79.74 $118.29 $156.84
Female No Health Questions
$38.59 $76.27 $113.94 $151.62
$43 $82 $122 $162
$43.98 $84.81 $125.65 $166.48
$43.75 $84.00 $124.25 $164.50
$55.53 $108.86 $162.18 $215.51
$56.29 $109.94 $163.59 $217.24
Male No Health Questions
$50.42 $99.92 $149.42 $198.92
First of all, burial insurance is a form of life insurance. It’s just a very specific type that happens to be in a class of it’s own because of it’s features.
We aren’t talking about the basics like…
- Fixed monthly rates
- Permanent coverage that will never expire at any age
- Coverage that is guaranteed to never decrease
That stuff is cool and all, but it’s not why these plans are unique. There’s two main reasons why burial insurance plans stand out among all the different types of life insurance.
Underwriting that is built to get you approved
Without question the most special aspect of funeral insurance plan is the underwriting. The insurance companies have designed these final expense plans to accept many major medical issues that are common among seniors in their 70’s.
They are well aware that it’s only natural to develop some health issues with age which is why they designed the underwriting to absorb the risk of some pretty serious health conditions.
This ultra relaxed underwriting is what enables most folks to secure a plan that fully covers them from day one in spite of being in poor health. In fact, it’s very uncommon for anyone to not qualify for a plan with some company that protects them immediately.
For example, at Choice Mutual, over 90% of our clients are approved for a plan that fully covers them on the first day of their policy 😮 .
There are indeed some health issues that would result in a waiting period with every company, but that’s definitely not the norm. Most people, because of the lax underwriting, can secure a plan that offers full first day coverage.
To be perfectly frank, many of the health issues accepted by some of these final expense companies would result in a flat decline if they were to apply for a traditional life insurance policy.
Small face amount options
In addition to the underwriting, the face amount options being so low are another special element to burial insurance.
This is crazy
You may find this hard to believe, but you can actually buy as little as $1,000 in coverage.
Now let’s contrast that to traditional life insurance plans…
Usually, a more traditional life insurance policy will require that you buy at least $25K-$50K in coverage. That’s quite a bit more!
So if you only need little bit of coverage to ensure your end of life costs are taken are of, only a funeral insurance policy can do that for you.
As you search online for burial insurance, you will inevitably come across certain companies that won’t exactly be up front with you. This is a sad reality that you must be aware of, so you can avoid making a costly mistake.
Basically, there are two well known insurance companies that will attempt to sell you term life insurance plans, and they will market it as “burial insurance”.
Before we break down what these two companies are offering you, we need to make certain that you understand exactly what burial insurance is.
How a burial policy works
Burial insurance has no technical definition that is defined by any regulatory body such as the department of insurance.
However, the senior market for the last decade has overwhelming understood and dictated that burial insurance (aka, “final expense” or “funeral insurance”) always refers to a specific type of life insurance policy.
In the end, 99% of insurance marketing organizations and companies understand that the words “burial insurance” refer to a small face value whole life policy that has very relaxed underwriting.
Being that they are whole life, they can’t expire, the price can’t change, and the benefits can’t decrease.
This is a free country, and you are free to do whatever you want. With that, if you truly are okay with a life insurance plan that expires at age 80 (or close to it) as a means to pay your funeral costs, we wish you the best of luck.
However, 99% of the people we speak with are flat out disgusted with the idea of paying on a life insurance plan to only have it completely expire one day, and then be left with nothing to ensure their funeral expenses are paid for.
Watch Out For These Two Companies
Below you will see the two biggest companies that sell and promote term life insurance (this is life insurance that expires) as final expense insurance.
Please read who they are, and how their policies work otherwise they may hook you with their clever marketing tricks.
Based on our experience talking with folks over the years, it seems very clear that these companies will not come out up front and tell you how their policies work. They are hoping you never ask, and never check your policy.
Disclaimer: This is merely our opinion. It’s rooted in the consistent feedback we receive from people who have had insurance with one of these companies.
Everyone is familiar with this company, and they are unequivocally the biggest culprit of this practice. They sell and promote their term life insurance plan as burial insurance more so than any other company. When you see their ads on TV, online, or through the mail, it’s always a promotion for their term life insurance plan.
Their life insurance plan expires at age 80. Furthermore, the price you pay will increase every time you have a birthday that ends in 5. Basically, you have your coverage while you are paying on it. When you hit 80, your coverage ends. You don’t get any money back or get the option to start over. You simply have no more life insurance protection.
At this point, your only option would be to secure a new whole life burial insurance plan with a new company. Hopefully your health does not make it too expensive given that you are 80. Being 80 already makes final expense insurance cost enough as it is.
Right behind AARP, this company spends big dollars to sell you their term life insurance plan as a means to cover your final expenses. Just like AARP, their term life insurance plan will increase in price as you age.
Their plan technically lasts until the age of 90. However, the increasing payments get ridiculously expensive beyond the age of 75. For the overwhelming majority of Globe policy holders, they cannot afford to pay hundreds of dollars per month to retain their insurance in their 80’s. They are effectively priced out of their coverage which means they have no more protection.
If you can afford ultra expensive payments in the $200-$300 range, more power to you. Most people can’t.
If you are in the market for some real burial insurance, you simply will not find a more qualified trusted agency than us.
For starters, we specialize in final expense insurance, and have done so for many years now. We are not a jack of all trades. We are firmly committed to being profoundly excellent at burial insurance and nothing else.
Because we are an independent agency, we have access to multiple burial insurance companies. We will compare and shop offers from over 20 companies to find you which one will give you the best value.
Moreover, because we have done thousands of applications, we have the knowledge necessary to know which companies will look at your health the best.
Anyone can throw out quotes. That’s easy. With us, we will assess your health, so that the quotes we give you, you will qualify for.
Think of it this way. Would you feel confident that you got a really good price if you got 20 quotes before you bought your policy?
Our customers over the years have emphatically said yes to that question :).
At the end of the day, we can save you a ton of time, money, and headaches. Let us do the work for you!
If you want expert help securing a burial insurance plan, please fill out the quote form on this page. Be sure to include your best contact phone number, and we will call you shortly. You can also call us at our toll free number which is 1-800-644-2926.