Burial Insurance: No Exam, No Health Questions Asked - Guaranteed Issue (Ages 45-85)

Navigating the world of life insurance can feel daunting, especially with health evaluations looming over your decision-making process.

Enter burial insurance with no health questions—a relaxation-inducing option for those seeking simplicity. This type of policy, commonly referred to as guaranteed issue life insurance, offers a stress-free path to securing coverage without the hurdles of medical exams or detailed health questionnaires.

Perfect for individuals with pre-existing conditions or older adults facing age-related health concerns, these plans aim to provide peace of mind in the face of life’s certainties.

Guide to Guaranteed Issue Burial Life Insurance

Quick Review

Burial insurance with no health questions, often referred to as guaranteed issue life insurance, is a type of policy designed to cover end-of-life expenses, such as funeral and burial costs, without requiring the applicant to undergo a medical exam or answer health-related questions.

This makes it accessible to individuals who may have pre-existing health conditions or who are older and might otherwise struggle to qualify for traditional life insurance.

While premiums for these policies tend to be higher and coverage amounts lower compared to other types of life insurance, they provide peace of mind by ensuring that beneficiaries receive a payout to cover final expenses.

Compare Guaranteed Issue Burial Life Insurance Quotes

Top Guaranteed Issue Life Insurance Carriers

As you venture into this insurance arena, it’s essential to compare offerings from reliable companies.

Mutual of Omaha, Gerber Life, and MetLife stand out as top choices.

Each policy brings unique features tailored for those seeking burial insurance no health questions asked.

Mutual of Omaha is known for its no-risk, money-back guarantee that comes with a 30-day free-look period.

Gerber Life excels in offering coverage starting from age 50 up to 85, while MetLife provides immediate full coverage for accidental deaths.

Mutual of Omaha

Renowned for strong customer service and comprehensive policies. Known for affordability and competitive premiums.

• Up to $25,000 of coverage
• Available in every state and DC
• No physical exam and no health questions asked
• Guaranteed Acceptance ages 45-85 (50-75 in NY)
• 30 day money-back guarantee
• Two year limited benefit period
• Immediate accidental death coverage

Gerber Life Insurance Company

Provides guaranteed life policies up to age 80. A solid choice for those seeking strong brand reputation and reliable policies.

• Exclusively for ages 50 - 80
• Available in all states and DC (excluding Montana)
• You cannot be turned down because of your health
• There are no health questions asked and no physical exams
• Two year limited benefit period

Metlife

Highly rated for its financial strength and diverse offerings. Provides options tailored specifically for seniors with flexible benefits.

• Rates as low as $10 per month
• Guaranteed Issue for ages 45-75
• Up to $20,000 of coverage available
• No medical examination required
• Two year limited benefit period

Diving into more robust comparisons among top insurers, Mutual of Omaha’s policy highlights no physical examinations required, and provides coverage from age 45, appealing to younger seniors planning ahead. It’s an ideal option with stable premiums and the ability to build cash value over time. This provides potential supplementary funds accessible via policy loans if needed.

Gerber Life stands out with immediate coverage acceptance and the flexibility that comes with offering insurance up to age 85. This makes it particularly attractive for those in advanced age stages, needing uncomplicated, guaranteed covering to protect their loved ones.

MetLife, with a robust company history and comprehensive client service reputation, rounds out the top contenders. Their policies are direct and efficient, designed with features that enable immediate accidental death coverage, suiting those wanting assurance without delays.

Benefits of Guaranteed Issue Life Insurance

Discovering the benefits of guaranteed issue plans requires delving into cost considerations. Due to the higher risk for insurers since policies are offered without health evaluations, premiums tend to be higher compared to traditional life insurance.

Sample Rates for Coverage

Cost estimation is pivotal in your decision process. To help with budgeting, here are some sample rates for both $7,500 and $10,000 coverage amounts:

• Men age 50: $7,500 coverage typically around $40/month; $10,000 coverage around $52/month.
• Women age 50: $7,500 coverage generally $35/month; $10,000 coverage $45/month.
• Men age 55: $7,500 coverage about $42/month; $10,000 coverage $55/month.
• Women age 55: $7,500 coverage roughly $38/month; $10,000 coverage $48/month.

Compare Guaranteed Issue Life Insurance Quotes

Reasons to Buy Guaranteed Issue Burial Insurance

Beyond costs, potential policyholders often question if this insurance type is the best fit. Here's a comprehensive list of why guaranteed issue burial insurance triumphs in covering burial costs: 

• No health questions or physical exams required.
• Offers peace of mind knowing your funeral expenses are covered.
• Provides financial security to loved ones, avoiding financial strain.
• Facilitates a legacy planning tool for one’s estate.
• Coverage remains constant, and the policy holds cash value over time.

Applying for Guaranteed Issue Burial Insurance

Once convinced, the next natural step is action. Ready to apply? Here is a straightforward checklist:

• Research and select a trusted insurer.
• Request a free quote online or via phone.
• Complete the simple application process.
• Review and understand the terms and conditions.
• Start paying your premiums as per the schedule provided by your chosen insurer.

This streamlined process ensures that securing your future is as easy as ticking items off a list.

Average Cost of Burial Expenses

Planning is inherently personal and crucial. A recent survey by the National Funeral Directors Association reveals an average burial and funeral cost of around $9,000.

With guaranteed issue life insurance, you can access up to $25,000 in coverage, which not only meets burial expenses but also leaves a financial cushion for your beneficiaries to use as they see fit.

No Financial Burden Left to Family Members

This insight into burial insurance with no health questions also serves the emotionally rewarding purpose of planning for one's final journey.

Having such arrangements covered lightens the emotional and financial burden on family members.

By securing a policy, you're taking the steps to manage an important aspect of the end-of-life planning process.

Consider Cost vs. Benefit of Burial Coverage

While considering policies, it's vital to balance evaluation of costs and benefits against potential limitations. Firstly, expect higher premiums than traditional life insurance due to the lack of health vetting.

The death benefit may be subject to a waiting period (often two years) if non-accidental, where if you pass away during this time, a refund of your premiums plus interest is typically provided.

Graded Death Benefit First 2 Years

However, once the waiting period lapses (2 year graded benefit), your beneficiaries will receive the full death benefit, a pivotal factor in offering them financial security.

Plus, if an accidental death occurs, the coverage amount is paid in full promptly, adding to peace of mind during unforeseen events.

No Health Questions Asked

No health questions burial insurance remains attractive for those facing rigid schedules or challenging mobility situations, where traditional applications with extensive medical probing might not be feasible. This essentially serves as a bridge, making insurance accessible to everyone, irrespective of their health background.

For seekers hoping to bypass complex insurance hurdles, the appeal of a simplified and convenient process cannot be understated. Regular life insurance might involve lengthy processes, contrasted by the quick turnaround guaranteed issue insurance ensures.

Summary

In summary, while health and age may present challenges in other insurance options, burial insurance with no health questions allows a smooth, thoughtful planning path. Embrace this as an invaluable step toward safeguarding loved ones from undue burdens, crafting tranquility around life’s inevitable transition.

With these insights, if you're ready to explore your options further, consider reaching out for a free quote today. Use this opportunity to customize your coverage and know exactly how it meshes with your financial and personal goals.

Guaranteed Issue Burial Life Insurance Quotes

Top Pick – Mutual of Omaha

Mutual of Omaha offers guaranteed acceptance whole life insurance for people age 45 to 85. Choose $2,000 up to $25,000 of coverage. Rates start as low as $8.84 per month. There’s no medical exam and no health questions. You cannot be turned down. You can get a quote and apply online now. START HERE to get a FREE Quote.

• Your life insurance policy comes with a 30 day Risk-Free, Money-Back Guarantee