![Burial Insurance Pro 2024 & Funeral Insurance Plans [No Waiting Periods]](https://burialinsurancepro.org/wp-content/uploads/2017/01/burial-insurance-pro-logo.png){kind=logo}
Menu
Burial Insurance for Seniors over 60
By Matt Schmidt
Finding the best type of burial insurance for seniors over 60 can be tough. In today’s day and age life insurance for seniors over 60 is a booming industry.
Obviously talking about life insurance at the age of 60 isn’t on your top things to do list. Not long ago, living past the age of 60 was unfathomable. With the advances in medical knowledge and technology, safety concerns, and people just generally living healthier lifestyles. Now with a life expectancy well into the 80’s the need and demand for life insurance has expanded.
Why You Need Burial Insurance
There are many reasons that an individual should consider final expense life insurance. One of the primary reasons to consider the purchase of a final expense life insurance policy is so that there will be funds available for paying off the insured’s funeral and other related expenses. In some cases, an individual will even purchase an additional amount of final expense coverage so that their loved ones can also pay off any additional debt, such as uninsured final medical bills and/or the cost of hospice care.
Even if a person already has other life insurance in force, these policies may be earmarked for other needs, such as paying off a mortgage or providing a surviving spouse with ongoing retirement income. Having an additional policy that is dedicated solely to paying off final expenses, then, can be smart financial planning. Oftentimes, due to its lower face amount of coverage, final expense insurance will be very affordable. These types of policies will also allow you to rest easy knowing your family has been taken care of and not stuck with any outstanding debt or issues.
It is important to understand when you are saving for retirement you need to have a safety net just in case a tragedy occurs and you don’t make it to your retirement date. Seniors over 60 may either be in their prime earning years, or you just starting your retirement. Either way, life insurance for seniors over 60 can still play a vital role. There are a lot of different factors that go into finding the perfect fit for you. Hopefully, this article will be able to shed a little bit of light onto the situation while providing information that will be valuable for anyone looking for funeral or burial insurance.
Burial Insurance is Inexpensive at 60!
People often think that once they enter into their 60’s that burial life insurance is just too expensive to afford. Don’t worry, this is just a myth. If we have said it once, we have said it a thousand times. The sooner you buy burial insurance the better you will be. Now is the time!
It’s not going to cost you hundreds of dollars per month to attain the peace of mind you are looking for. Waiting until you are much older, will cause your costs to be significantly higher. Lucky for you, at the young age of 60, you are still able to get some ultra-low rates!
Different Types of Life Insurance
Some of the most popular options which exist when viewing life insurance for seniors over 60 include:
How Does Life Insurance Help?
Here are some of the top reasons people are looking for the best life insurance for seniors over 60, and how we might be able to help:
How To Buy Life Insurance Over 60
When it comes to burial insurance the longer you take to get life insurance, the more expensive it can become. With life insurance over 60, we always recommend people to do their research, and not rush into any decisions, but we also recommend not waiting too long to get insured. The price will probably not be drastically different between this month and next month, but the difference from this year to next year will be noticeable.
Which is why you should let us help! There are more companies and more questions than one could possibly count! The process can be overwhelming and discouraging – especially if you are talking to the wrong insurance companies.
At Burial Insurance Pro’s, we have the knowledge and how it relates to the best options for seniors over 60. We know the ins and outs of these companies, including those who may or may not approve you for a reasonably priced policy. Why waste time and energy seeking policies from companies who will just decline you or ask you to pay a ridiculously high policy rate?
We have helped many people find the coverage they need at a price that is affordable. We know your options and we help you sort through them – answering any questions you may have along the way. You are not in this alone.
Contact us today to get started!