Seniors Born Before 1969 without Life Insurance

Above all, seniors born before 1969 can still qualify for life insurance. This is why burial insurance also known as a final expense or whole life insurance was designed in the first place.

If you are a senior above or below age 62 and never set up a prepaid funeral or are just looking for extra cushion for your family this is the perfect product for you.

According to ssa.gov

69.1 million people received benefits from programs like Social Security in 2019.

The percentage of Americans reaching their retirement age is at an all-time high. This is why burial insurance is so important to put in place for your family to protect them from the burden of your final expenses. We specialize in seniors born before 1969 without life insurance.

We have covered in extensive detail life insurance at specific ages for seniors like 80, 70 and 60.

In this article, we will go over everything you need to know to make an informed decision to purchase life insurance to protect your family.

Important Fact: Do not purchase Colonial Penn’s coverage.

Quick Tip: To see pricing on policies and speak with one of our licensed agents fill out the form to your right.

Cost of a Funeral In 2021

The cost of a funeral has gone up over the years and continues to increase. A burial 30 years ago would range between $2,000 – $3,000.

Now they range between $8,000 – $12,000 because of inflation. Burial prices vary depending on the state you reside in as well as the type of service you want. If you want a memorial service with a reception the funeral bill will be much higher compared to a small funeral.

Cremation is also an affordable option to consider. This should all be taken into account when deciding how much insurance you need.

You can obtain an accurate price list from your local funeral home to know exactly how much you will need for the service. We recommend purchasing a policy for the exact amount it will cost and adding on $5,000 more for inflation or any unforeseen expenses.

Protecting your Family

This is all about protecting your family from $8,000 – $12,000 worth of funeral expenses. Many families go into debt trying to pay these expenses and as a result hurt their credit and suffer emotional trauma.

If you are looking for coverage for parents, siblings or yourself if you are a young adult you can learn more at those post’s.

Furthermore, burial insurance pays out fast within 1 – 2 days so your family will get a quick payout and they keep their peace of mind. This is the best option for seniors born before 1969 without life insurance.

Best Life Insurance Benefits for Seniors

With burial insurance the best benefits for seniors are as follows:

• Fast Payout Within 1 – 2 days
• Plans ranging from $1,000 – $40,000
• Critical Illness Riders
• Accelerated Living Benefit Riders
• Cash Value

There are 3 Factors that Make a Company one of the Best

• A-rating
• 50+ Years In Business
• A Proven Track Record

Our carriers have and maintain all 3 of these factors.

Easy Qualification

Burial insurance is easy to qualify for.

Furthermore, most life insurance requires a full medical exam with a blood test, background check, and much more.

Burial insurance companies simply look at your Medical Information Bureau Health Report and Prescription check. Enrollment for these carriers can be done over the phone in minutes.

We help 90% of our clients qualify for day one coverage meaning if you die tomorrow your family would get the check the following day.

Our agents go over this with you in more detail at the time of enrollment.

Work With ParamountQuote

We are a national independent broker specializing in burial insurance.

We have access to all the top-rated carriers nationwide. We pride ourselves on holding our client’s hands every step of the way and helping you make a proper educated decision. This is about protecting your family and we are here to help.

To get started fill out the form to your right.