Is there funeral insurance for older people?
Yes. In fact, most funeral expense insurance plans are geared toward people who are senior citizens.
These plans offer Guaranteed Approval for people ages 45 to 85. The age requirements for acceptance may vary by insurance company.
However, guaranteed approval means you cannot be denied coverage due to any pre-existing health condition.
And, rates may start as low as $8.80 per month, depending on the amount of coverage you need, your age and gender; as well as, the state in which you reside.
Some insurance carriers offer up to $20,000 or more of life insurance for funeral expenses.
The average cost of a funeral including related expenses is around $8,755 - so you may want to take that figure into consideration when choosing the amount of insurance you wish to purchase.
Here's how to get funeral insurance for seniors.
