What is Burial Insurance?


Burial insurance is a whole life insurance policy intended to pay for the policy holder’s final expenses upon death. Sometimes burial insurance is called funeral insurance, final expense insurance, senior life insurance, whole life insurance and final expense insurance for seniors. A whole life insurance policy is just what it sounds like- coverage for your WHOLE life, as long as premiums are paid. This is different from term life insurance which has a predetermined expiration date. Allow Assurance Life to assist you in finding the best burial insurance for seniors. 

Benefits of Burial Insurance for Seniors:

  • Pays final expenses in your family’s time of need
  • Leave your family debt free
  • Locks in monthly payment that can never be raised
  • No medical exam needed
  • Can’t be cancelled due to age or health
  • Guaranteed issue life insurance plans available for those with serious health conditions
  • Peace of mind for you and your family
  • Many benefit amounts available ranging from $5000-100,000
  • Death benefits are tax free


Burial Insurance Plans -Levels of Coverage 

There are different levels of coverage available for burial insurance plans. The level of coverage is primarily based on age and health. Assurance Life will provide a short yes or no health questionnaire and based on the responses, the level of coverage is determined. Read on to learn more about the levels available and how we can help with funeral insurance for your final expenses.

The highest level of coverage is for those in relatively good health but that’s not always the case. Preferred/Level coverage will begin on DAY ONE of signing up and the rates will tend to be lower for this level. Preferred/Level coverage is the best burial insurance you can qualify for. Next would be a plan that phases in the death benefit over a two year period.(Graded) For instance, if death occurred in year one, the insurance company would pay out a certain percentage such as 45% of the death benefit. Then in year two, a higher percentage such as 75% is paid. Finally, after two years, the full death benefit is paid. For clients with more significant health issues we offer a guaranteed issue life insurance plans. This is a type of plan where the client is guaranteed approval regardless of any current or prior health conditions. However, there is a two year waiting period before the death benefit will be paid unless death is due to an accident. If death occurs within the two year waiting period, the client’s family is refunded the full premiums paid plus interest. Assurance life has several guaranteed issue life insurance carriers that we have access to so finding you the best burial insurance plan won’t be a problem. Life insurance with no medical exam or waiting period application process is super easy, just ask us how.

Amounts of Burial Insurance Coverage Available

Once the level of burial insurance coverage is determined, it is important to choose the amount of coverage you need.  There is a wide range of death benefits available ranging from $5000-100,000 to be paid out upon death.  You will want to consider funeral cost in your area, any debts to be paid out of the policy, and finally, if you would like additional money to remain for family members or friends.  For those seeking true low cost burial insurance, meaning this policy is intended to cover burial and final expenses, the most common burial insurance policy amount is $10,000 because the average funeral cost is around $8,000.  Assurance Life can help you determine the amount of coverage that is best for your individual situation. A few questions to ask yourself when determining how much Insurance do you need:

  • Family Income – How much is available?
  • How will your family pay for your final expenses?
  • Anyone else depend on you financially?
  • Would you like to leave some money behind for children?
  • Any other family members who you would like to leave money for?
  • Estate taxes?

How do Burial Insurance Plans Work?

Thankfully, burial insurance plans are one of the simplest whole life insurance policies to start.  The application process is quick and easy.  All the questions asked are Yes and No questions so it is not complicated to start your coverage.  Best of all, there are NO MEDICAL EXAMS required.  Once the application is completed, Assurance Life gets quotes from several top final expense insurance companies so that we are able to find the most coverage at the lowest premiums for you.senior life insurance for funeral expenses

Burial Insurance Policy – Age Limits

Burial Insurance can be a perfect policy to secure when you are very young so that the rates are low for your entire lives.  Assurance Life has companies who specialize in children’s policies all the way up to seniors as old as age 85.  So whether you are considering a plan for children or grandchildren, or burial insurance for seniors in their twilight years, we have plans for ages birth-85 years old.

Who Needs a Cheap Burial Insurance Plan?

Burial insurance is for any person who isn’t financially prepared to pay the high expenses associated with funeral and final expense costs. Burial insurance for seniors is very popular. Children buying burial insurance for parents is also popular. When you have burial insurance, you can rest assured knowing that despite any change in personal financial circumstances, your funeral insurance policy would be in place to give your family peace of mind. So many factors affect our personal financial situations-  our growing senior population, people living much longer, having to stretch retirement savings over many years, cost of expensive health conditions that can drain savings, caring for our own children’s families, and much more.  In light of so many variables, everyone needs burial insurance.  Burial insurance means that you know 100% that your final expenses will be paid and your last wishes can be carried out in the way you would like.  This means your family can focus on remembering the good memories rather than worrying about how things will be paid for.

How Does Someone Get a Burial Policy?instant approval burial insurance

A lot of people think getting any kind of life insurance policy is a complicated, long process, requiring home visits, and medical exams.  That could not be farther from the truth.  First a client fills out an online burial insurance quote and then one of our insurance specialists compares numerous companies to find the perfect fit for you.  Once the process is started, thanks to new technology, your burial insurance plan can be handled entirely by phone and online.  From the comfort of your own home, you can speak with Assurance Life, and once the simple Yes or No application is complete, approval comes in less than 20 minutes. Unless you request it, an agent does not have to come to your home.  Everything can be completed through this simple phone call.  There are many payment options to fit the needs of each family.  These options include due date, method of payment, and monthly payment amount.  Assurance Life will make sure the details fit your needs. After approval, you will confirm the policy online and coverage will begin according to the terms of the policy.  Burial insurance for seniors is Simple, Easy, and No Hassle…..

Is Everyone Approved with Burial Insurance?


YES!  Every person is approved for some kind of burial insurance.  Assurance Life has many companies so we can find the one for your unique situation based on age and health.  Most burial insurance plans have DAY ONE coverage meaning your policy begins immediately upon approval, this is called Burial Insurance with no waiting period. For those with more serious health concerns, policies may have a waiting period but as explained above in the levels of coverage section, we have GUARANTEED ISSUE life insurance policies meaning everyone can protect their family with burial insurance for final expenses.

How to get the Best Burial Insurance for Seniors?

To get the Best burial insurance for seniors we ALWAYS recommend getting several burial insurance quotes. You can accomplish this by contacting several different companies yourself or let an independent life insurance broker like Assurance Life do all the work for you. Regardless of what you decide, make sure you find an expert who is licensed and knowledgeable. Finding the right burial insurance policy that fits your exact health conditions can save you thousands in premium over the years.

Why use an Independent Life Insurance Broker?

It’s SIMPLE. Using an independent life insurance broker saves you time and money. Assurance Life ALWAYS recommends getting several quotes from several burial insurance companies before you buy your policy. You could call the 25-50 different burial insurance companies yourself or allow an independent life insurance broker like Assurance Life do all the work for you. Plus, allowing a life insurance broker to shop your health conditions against several different companies will ensure you get the RIGHT policy that matches your EXACT health conditions. Matching your health conditions with the correct company will save you a ton of money over time.

What is Guaranteed Issue Life Insurance?

Guaranteed Issue Life Insurance is a whole life insurance policy that doesn’t require any underwriting and everyone who applies is approved. Yes, you can’t be turned down. In fact, you don’t even have to answer any health questions during the application process. Guaranteed Issue Life Insurance plans are perfect for those with severe health conditions and for those you can’t get approved for other traditional life insurance policies. Since there isn’t any underwriting when applying for guaranteed life insurance, the application process takes less than 10 minutes. All guaranteed life insurance plans have a waiting period of 2 years before your death benefit would be paid out. Once again, guaranteed acceptance life insurance plans are a great fit for those with serious health conditions. Other names for Guaranteed Issue life insurance are guaranteed life insurance, guaranteed acceptance life insurance, guaranteed whole life insurance, guaranteed issue burial insurance and guaranteed issue final expense insurance.

Health Conditions We Help Insure

We have burial insurance policies for everyone, regardless of health. You may be used to hitting roadblocks due to your particular health condition.  Rest assured that we can help you with your burial insurance for final expenses through Assurance Life.

Click here to see our Burial Insurance Insider’s Guide to Health Conditions A-Z.

Here are just some of the common health conditions that won’t prevent you from getting burial insurance for your family:

Diabetes, Nephropathy, Diabetic Coma, Hepatitis B or C, Cirrhosis, COPD, Kidney Disease, Kidney Dialysis, Cancer, Leukemia, Melanoma, Chronic Kidney Disease, Systemic Lupus, Bipolar, Depression, Schizophrenia, Parkinson’s Disease, Multiple Sclerosis, Heart Attacks, Strokes, Stents, Angina, TIA, Congestive Heart Failure, Aneurysm, Alzheimer’s, Seizures, Drug or Alcohol Abuse, Height/Weight Obesity, Oxygen Use

Some of the Best Burial Insurance Companies We Usebest whole life insurance

  •  Mutual of Omaha
  •  Royal Neighbors of America
  •  Liberty Bankers Life
  •  AIG
  •  Transamerica Life Insurance
  •  Assurity Life Insurance
  •  Foresters
  •  Standard Life and Casualty
  •  Gerber Life Insurance

Things you need to know about the “Other” companies:

Other Types of Life Insurance We Offer:

  • Whole Life Insurance
  • Final Expense Insurance
  • Funeral Insurance
  • Guaranteed Issue Life Insurance
  • Cremation Insurance
  • Term Life Insurance

Term Insurance vs. Whole Life Insurance

Is term insurance better than whole life insurance? This is a question we get asked often. It’s a tough question to answer most of the time because it really depends on your season of life. Surprisingly a combination of both could be the most beneficial. Assurance Life is able to help you examine your insurance needs and determine the best path. If your primary purpose for life insurance is to pay funeral costs, remaining debts, and leave a small amount of money to family members, then a whole life burial insurance policy is the perfect plan for you. Plus, this is a perfect plan for adult children who are looking for burial insurance for parents.

So what is Term Life Insurance?

Term Life Insurance is a life insurance policy that covers you for a specific TERM. Common lengths for term policies are 10, 20 and 30 years based on the age of the client when they sign up. Typically, term insurance plans have higher face values ranging from $100,000 to amounts in the millions. Clients must be in good health and a health exam is required for by most term life insurance companies. However, Assurance Life works with several that don’t require an exam. Most companies cease offering term insurance after age 70. Term Insurance is less expensive than whole life insurance because it expires and the age and health requirements to qualify for these plans is more stringent.

Who Needs Term Life Insurance?

Younger clients are those who benefit most from term insurance, especially young couples with families because the term of the policy can be set based on when that couple will move into the empty nest stage of life. Also, if your spouse and children depend on your income, term insurance is the perfect product for you. Your family could use the death benefit to pay off items such as your home, automobiles, any outstanding debt and even college for your children. The payout would also replace the future income that would be lost from a sudden death. Most importantly, having living expenses covered through the death benefit allows the spouse left behind time to figure out how they will handle finances on their own. Most families these days would not have enough money in a savings account to forgo having an insurance policy. Due to tight budgets, healthy young adults benefit most from term insurance policies because of the lower monthly payments.instant approval burial insurance


  • Most insurance for the least amount of money
  • Great for families on fixed income
  • Perfect for young couples
  • Some term plans allow you to convert to whole life insurance

Is Burial Insurance better than Term Life Insurance?

Here is a quick rundown of scenarios of who would benefit from burial insurance vs term insurance.

  • For those wanting to cover just their funeral expenses ONLY – Burial Insurance
  • For those who are looking for a life insurance policy that builds cash value – Burial Insurance
  • For those who can’t afford to have their policy expire – Burial Insurance
  • For those who want their premium NEVER to increase – Burial Insurance
  • For those looking for an easy application and signup process  – Burial Insurance
  • For children’s policies often purchased by parents and grandparents- Burial Insurance
  • For those who are looking for life insurance while in their 70’s or 80’s – Burial Insurance
  • For those looking for the cheapest insurance when younger – Term Insurance
  • For those looking for the most life insurance for their money – Term Insurance
  • For those in their 30’s with a family and wanting life insurance – Term Insurance
  • For those who would lose the income provider in the family- Term Insurance

 Why Assurance Life?assurance life

Assurance Life is a independent broker meaning we work with many different insurance companies, not just one life insurance company. This means, Assurance Life works for YOU, the client, rather than working for the insurance company. This is very important to understand. It pays to have options. Working with an independent life insurance broker gives you options. 

With access to top rated insurance companies, we always find the most coverage at the lowest rates regardless of medical conditions, age or budget. Finding you the best burial insurance quotes for final expenses won’t be a problem. 

The burial insurance companies we work with include Mutual of Omaha, AIG, and Royal Neighbors, just to name a few. Our companies have served their customers’ final expense needs for over 50 years. Assurance Life provides burial insurance for final expenses so you can make the best decision for your family. With Assurance Life Insurance, you can rest assured and have peace of mind that your final expenses will be taken care of. Call us at 800-517-0810 so we can help you find the best burial insurance for seniors. If you would like an instant burial insurance quote, click on the GET QUOTE NOW button on the left to get started on your burial insurance plan.

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