Life Insurance for Elderly

 

   
       
 
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Final Expense Life Insurance for Seniors

Many people don't like to think about the need to prepare for a funeral and burial, but covering these services is a reality for all of us at some point. And the reality is that it isn't cheap. Statistics from the National Funeral Directors Association show that the average funeral costs over $6,000 and that cost goes up each year. If you add onto that other costs such as taxes, medical expenses, legal and probate costs, and other final bills, you can easily need over $10,000 to protect your loved ones from a financial burden.

So where does one obtain the money needed to pay those costs? Most seniors obtain a simple final expense life insurance policy that is affordable for them. This policy is intended to take care of the final bills associated with death and provides you and your family with peace of mind.

Here are some important facts about final expense burial insurance:

1. This form of life insurance coverage is very affordable so even seniors who live on a small monthly budget find a policy suitable for them.

2. The death benefit is paid out very quickly, typically within 24 hours. This means that the money will be there to take care of expenses that come with a loved one's death. This provides peace of mind for you and your family.

3. There is no medical examination required so a final expense life insurance policy is hassle free. You just have to fill out a simple application and do a phone interview.

4. You can get a policy for as little as $3,000 or as much as $50,000 depending on your budget and your needs.

Regardless of your age, your income, or your lifestyle there is one thing we can all count on and that is our death.

You Can Obtain Affordable Coverage In as Little as One Day

Final expense life insurance is simple and easy to obtain. There is no medical examination needed to qualify. You just fill out an application and complete a phone interview and you can obtain a poliy in as little as one day. Get started now by comparing rates from several highly rated carriers.