Hot to Get Affordable Burial Insurance for Seniors

Published: 22nd January 2009
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Today, many seniors are considering life insurance, but they may be under the impression that once they reach their 60's or 70's they are too old to get affordable life insurance.

Still others believe they may not be able to qualify for life insurance because they wouldn't pass a physical exam required to get coverage. And, some may believe they wouldn't benefit from buying life insurance.

Once thing is certain, if you have loved ones you want to provide for after you're gone, life insurance can be the financial tool to accomplish this goal. Burial insurance can provide money for your loved ones to pay for your final expenses, burial, and pay off any debts you leave behind.

But, how can you get affordable burial insurance for seniors? One way is to compare free life insurance quotes for the amount of coverage you feel you need. Whether its $10,000 or $25,000 of coverage, you can request free life insurance quotes online from a quote provider.

Also, they will offer quotes from brokers in your area to help you compare rates and apply for coverage if you choose.

Among the different types of affordable burial insurance for seniors available today is simplified issue life insurance. This type of coverage offers up to $30,000 of life insurance with no medical exams required.

You answer a few health questions and they give you an instant quote. If you like your quote you can apply online and begin your policy the same day. You can even get coverage for your spouse.

Some of these policies are offered by well-known insurance companies, including Globe Life, Colonial Penn, Garden State Life and others. One important point to know is that some of these policies are graded benefit, meaning your full coverage does not take effect for 1-2 years. However, with Globe Life the full coverage starts from the first day you buy your policy.

You may want to compare rates and plans from several insurance companies to find the most affordable burial insurance for seniors. Make sure to consider the A.M. Best financial rating. Look for a company with a rating of "A" Excellent, or better. This rating indicates the insurance company's financial strength and security.

To learn more about Burial Insurance and Get a Free Quote, Please visit

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