Did You Know?
Fact #1 : The average cost of a funeral is between $8,000 - $10,000 and the cost has been increasing steadily over the last two decades.
Fact #2 : If you are currently collecting Social Security benefits you are entitled to a burial allowance. Currently, the amount is $255.
Fact #3 : Burial life insurance premiums are fixed by law. and the price is the same no matter where you purchase your coverage.
Fact #4 : Final expense life insurance in some cases can be issued regardless of pre-existing health issues and requires no medical exam.
Fact #5 : According to the Federal Trade Commission, the average funeral costs in the United States can be well over $10,000 by the time you add floral arrangements, prayer cards and family transportation.
Burial & Final Expense Life Insurance
When looking for Burial Insurance - Funeral Insurance or Final Expense Insurance, senior citizens should use caution. The internet abounds with fraudulent offers in regards to burial insurance for seniors, be sure to ask about the ratings for each company. You also need to know what type of funeral insurance policy you want to buy. Most people in this age bracket want to purchase insurance for final expenses, but may need a little more coverage to pay off debt.
Burial Insurance or Funeral insurance policies assure you coverage for the rest of your life. This also gives those you leave behind the freedom and flexibility to pay the remaining funeral expenses and debts that may be outstanding.
In contrast to burial insurance policies, final expense insurance can be used to pay all of the expenses your loved ones will incur at your death. This could include things like outstanding medical and hospital bills, legal and attorney fees. With a final expense insurance policy, you have the flexibility of setting aside enough money to pay your funeral expenses as well as any outstanding debts. Let us help you find the best Funeral Insurance Policy today. We our proud to work with the Nations top Burial Insurance Companies, Funeral Insurance Companies & The best rated Final Expense Insurance Companies.
Learning Center
- No Medical Exam Senior Life Insurance- Guaranteed Acceptance if You Want It
- Low Cost Burial Insurance - It's About Value, Not Price
- Life Insurance for Seniors No Exam - Options for the Elderly
- How Much Does Burial Insurance Cost? - It Might Be Less than You Expect
- Funeral and Burial Insurance - Providing for Those You Leave Behind
- Final Expense Insurance - Ways to Save Money
- Senior Life Insurance - How to Purchase Senior Life Insurance
- Whole Life Insurance - The Benefits of Whole Life Insurance
