Are You Over Age 50 And Looking To Buy Funeral Insurance?
If so, you may find the process to be quicker and easier than you may have expected.
Today, it’s more important than ever before to plan for the future. With inflation on the rise, planning for the future is just as important as planning to meet your monthly bills.
And, no one wants to leave their loved ones with the financial distress of trying to find the money to pay for your funeral expenses.
Did You Know the Average Cost of a Funeral and Related Expenses is Around $8,750?
That’s according to a survey conducted on behalf of the National Funeral Directors Association.
And the cost of a funeral is on the rise, along with everything else it seems in the world today, thanks to the rising rate of inflation.
The good news is, you can lock-in a rate on your funeral insurance policy that will stay the same for years to come, regardless of inflation.
This is very important for all of those seniors on a fixed monthly budget. Being able to count on a level premium each month can give you a sense of calm, knowing the cost will not increase.
In addition, planning for the cost of your funeral will give you Peace of Mind, and your family will appreciate you cared enough to plan ahead, so they were not put in a difficult financial position upon your passing.
Funeral Insurance
Funeral Insurance is a type of life insurance policy that provides you with permanent coverage for your entire lifetime.
You select a beneficiary to receive the proceeds from your insurance policy, and they can use those proceeds to pay for the cost of your funeral and related expenses.
Funeral Insurance Related Costs
Here is a list of some common costs related to funerals:
These are just some of the more common funeral expenses your family may incur upon your death. And a funeral expense life insurance plan can help provide them with the funds needed to pay for your funeral.
Today, it’s easy to get the coverage you need to pay for funeral costs.
In fact, you may be able to get funeral insurance with guaranteed approval, regardless of your health. That’s right, even if you have been turned down for life insurance or funeral plans from other insurance companies, you can still get insured.
Guaranteed Issue Funeral Insurance
Today, there are funeral insurance policies that offer guaranteed acceptance for anyone who meets the age requirements for approval.
For example, Mutual of Omaha offers guaranteed issue plans for people ages 45 to 85 years old.
The maximum amount of coverage available is $25,000 which should be more than enough to pay for your funeral and any related expenses.
Funeral 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.
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