You will be dealing locally in Oklahoma, not with some large national company that is located on either coast.
Why you should get your senior life insurance quotes from us?
You can get your quote in just minutes.
You can start your policy in just minutes as well.
You will have access to very knowledgeable professionals who can listen to what you are looking for and provide the option(s) that can best fit your needs.
Affordable Burial Insurance For Seniors
In Oklahoma And No Medical Exam
Many people in the Oklahoma City and Tulsa metro areas do not realize how expensive funerals can be. More than that, death is not a topic we like to think about, and it is definitely not something for which we wish to plan ahead.
However, death is unavoidable, and when you start getting older and older, it becomes a real possibility and it is important that you prepare for it. Not just mentally, but also to save your loved ones from expenses and stress.
It’s common for people to believe that life insurance is a way of leaving your loved ones the same amount of money you made when you were alive. But it is not always about replacing your income.
It’s also about covering the often high cost of burials and funerals. That is why it’s so important to know what the options are when you are reaching your golden years; options such as final expense life insurance.
It’s necessary to understand that the actual objective of life insurance is to make sure your family and loved ones are taken care of after you die so they don’t have to change their lifestyle as a result of your passing. And having to deal with the unexpected expenses of a funeral and other related costs can definitely lead them to financial distress.
This does not need to happen, though, because there are many different life insurance options for you to consider, each of them with advantages and disadvantages of their own.
For example, not every applicant needs a huge amount of coverage, which is often what most life insurance policies provide. For people like this, a final expense insurance plan is often the best option, but there are many factors to consider before you decide to purchase a life insurance policy.
Have You Been Declined For Life Insurance?
Is A New Life Insurance Policy Too Expensive?
If you have already applied for life insurance and have been declined as a result of an investigative report, it’s your right to be notified and given the information of the reporting company the insurer consulted.
If health problems are so severe that you’re deemed “uninsurable”, classified as a substandard risk or if life insurance is simply too expensive for you, you need to know that there are companies out there that offer guaranteed issue life insurance.
In such cases, the insurance policy is offered in smaller face amounts as previously noted; the typical limit being $5,000 to $25,000. The full face amount is paid if there is an accidental death, but if the causes of death are natural, the benefit will be limited to the total of premiums, plus interest, for at least the first couple of years of the policy.
Once that time limit has passed, the benefits will be equal to the face amount. Guaranteed issue life insurance is a great option if you’re classified as “uninsurable” but you still want to be able to cover expenses such as funeral or cremation costs.
Burial Insurance and How It Works
Affordable burial insurance for seniors allows you to do exactly that. This is a type of funeral expense life insurance policy that’s meant to cover the cost of cremation or a funeral for the policy holder; a cost that can easily get close to $10,000 and beyond.
A final expense insurance policy allows the elderly to prevent a financial hardship on their families and people they love because they are providing a way that the expenses for their funeral or cremation can be taken care of.
Commonly, senior life insurance policies are offered as a whole life policy. The limits of burial insurance often range between $5,000 and $25,000, depending on the insurer, and some insurers may offer even higher limits.
If you are a senior living in Lawton, Norman, Edmond or Broken Arrow and you are considering getting affordable burial insurance, you’ll be happy to know that funeral cost insurance is actually easy to apply for. Some insurance companies will not even require you to go through a medical exam. This is why final expense life insurance is a good option if you are either a senior or have health issues that keep you from getting a more traditional form of life insurance policy.
However, even though most companies do not require a medical exam, you will still need to answer some questions about the state of your health and you’ll need to answer them truthfully.
Once you get your policy, the funeral insurance or cremation insurance will pay the death benefit to your beneficiary after your passing, so they can use the money how they see fit. For example, let’s say your burial insurance policy has a limit of $15,000 and funeral expenses come to a total of $10,0000. In this case, your beneficiary can use the remaining $5,000 to cover other expenses such as legal costs, or outstanding medical bills or debts that are still pending.
This is great because it means that your beneficiaries will have the freedom to take care of your affairs if there is any money left 0ver without any issues.
Why Buy Burial Insurance For Parents With No Medical Exam?
Many older folks need life insurance for retirement. They may want to make sure their kids have funds for a funeral or simply hope to leave behind a cash legacy. Since the beneficiaries are actually the people who will benefit from this sort of coverage, they are also free to pay the premiums if their elderly parents cannot afford it. It is good to know that insurers will offer policies to senior adults who don’t want to answer health questions or take a life insurance physical.
I needed an easy way to get some coverage to help pay for a funeral and burial and this website took care of that for me.
Bob R
I’ve been needing to get a guaranteed life insurance policy to pay for future funeral expenses and found burialsinsuranceforseniors.net
Frank R
I’m glad that I came across www.burialinsuranceforseniors.net because I was able to get a funeral expense policy that fit my budget and my needs.
Shirley M.
I’ve been looking to find burial insurance for seniors for my grandmother because there wasn’t any funds put aside for my grandfather when he had passed away last year, which had put my mother and my two uncles in a difficult situation to help pay for the funeral.
I wanted to get life insurance no medical exam no waiting period for an amount of coverage that would pay for the funeral expenses.
I found BurialInsuranceForSeniors.net and answered three health questions.
Shortly after that, we were able to get grandma signed up with her own burial insurance with no waiting period.
Jenny D
