Burial Insurance For Seniors Over 70

Burial insurance for seniors over 70 may not be as scary as you think. 

Many people are worried that they will not be able to afford the cost of burial insurance for themselves or a loved one that is 70 years or older, but I am here to put that to rest. 

Above all, it is important to remember that there is a policy that will fit your budget. When you are working with an independent broker like me, you will not have to worry about finding the right plan for you. 

This article will cover exactly what you need to consider if you are a senior over 70 looking for burial insurance. That includes prices you can expect, and the entire process altogether. 

Table of Contents

What is Burial Insurance

First off, we need to know exactly what burial insurance is. 

Burial insurance goes by a few names, most commonly, final expense life insurance. It is a policy that is a whole life insurance policy designed to provide your beneficiary with coverage for your funeral or final wishes. 

These policies range from $1,000 in coverage to $40,000 in coverage. 

The range is wide so that they can cover anything from burials, cremations, or even leaving a financial gift to the beneficiary. Every case is different, so there are no policies that are the exact same. 

At arkburialquote.com, I specialize in this exact form of life insurance coverage. I have for the vast majority of my career, and I am proud to say I am one of the best options to shop with! I represent the best A and A+ rated carriers in the entire country! This means I can shop the best policies, with the best carriers, and at the best prices in the industry. 

Best Burial Insurance for Seniors Over 70

Finding the best burial insurance for a senior over 70 depends on a few things. 

You see, life insurance price is determined by: 

  • Age
  • Health
  • Gender

Another reason why no two policies are the same! However, I do have my go to companies for certain situations, which I will list below. 

Healthy Seniors over 70

When I say healthy, this can include seniors with High blood pressure, high cholesterol, or even some other issues. It is best to get in touch with me and find out what you would actually qualify for!

For my clients over 70 who are pretty healthy, My top carriers are Mutual of Omaha, and Aetna. 

I am sure you have heard of these companies and have seen their commercials on television. If you think you haven’t heard of Aetna, CVS is apart of their company, so you have definitely seen them around! 

These companies simply have the best priced product out there, and one is exceptional for men, while the other is great for women. 

Here are some rates you can expect for a male that is 70 years old: 

  • Mutual of Omaha
    • $10,000 – $74.61
    • $15,000 – $110.31
    • $25,000 – $181.72
  • Aetna
    • $10,000 – $74.62
    • $15,000 – $103.33
    • $25,000 – $180.61

Now for Female age 70:

  • Mutual of Omaha
    • $10,000 – $57.79
    • $15,000 – $85.08
    • $25,000 – $139.66
  • Aetna
    • $10,000 – $60.45
    • $15,000 – $88.70
    • $25,000 – $145.20

You can see there how much a difference it makes being male and female! Something to always keep in mind is that these prices start climbing drastically the older we get. Especially past the age of 70. So don’t put it off!

Seniors over 70 in lower health

  • Again, it is best to get in touch with me to see what you qualify for, as many of my carriers make exceptions for certain health issues. You never know until we try! 

For these seniors, I would expect them to have COPD, Diabetic neuropathy, mental illness, etc. In some cases, I can still get these clients day one coverage, but sometimes there is a waiting period involved. 

It is hard to say what these clients would expect to pay, as it can fluctuate by the health condition, so I always recommend to get in touch so we can pinpoint that perfect carrier and price for you and your situation. 

My top carriers offering burial insurance for seniors over 70 in lower health conditions are: 

  • CVS
  • Prosperity Life
  • Great Western

These companies are absolutely excellent, and provide the best coverage for my clients in these situations. 

How to Get Burial Insurance Over 70

The process remains the same!

It is very simple and streamlined when you work with me. 

My clients are able to speak to me for 10-15 minutes, get their price, find the best carrier, and get coverage before they lay their head on the pillow that night. It is all done electronically and telephonically, which makes things even easier and faster! 

Most of my carriers do an Electronic application, where you will sign the documents as they are delivered in your email or over text. Other carriers will do a telephonic interview and ask you health questions to confirm your information. 

The best part about it is that you will get a yes or no answer 95% of the time on the phone! You won’t have to wonder whether or not you are getting coverage, which is an incredible thing and weight lifted off your shoulders!

You can even get an idea of pricing and what carrier may be best for you by filling out our form on the “Check Burial Insurance Rates” section on the screen!

Closing Thoughts

Above all, you should know that getting burial insurance over 70 is a very doable task. 

When you are working with someone like me, you will not have to worry about the things other people do. You will get the best policy available to you, and at the best rate in the country. 

As always, feel free to leave any questions or comments down in my comment section! While you are here, get yourself a free quote! Won’t cost you anything but 30 seconds. I look forward to serving you and your family!

God Bless.