Burial & Life Insurance At 78 Years Old Best Companies Listed

If you are shopping for life insurance for seniors the very first thing to understand is that your best option is whole life insurance or final expenses insurance this is the only option left for life insurance at age 78 because term life insurance rates are not only expensive but will not last past age 80 in addition you can only get a 10 year term policy at age 78.

There are over 5 companies for a Universal Life policy available to 78 year old’s is through but they require a full medical exam with doctors records to qualify.

Term life insurance will not be with you for the long term at this age but your whole life will. We help seniors with burial insurance at age 70, age 75 and even age 80. This will give your family peace of mind knowing you have the best life insurance coverage at your age that will provide a quick death benefit to them so they can pay for any expenses when you die.

In this article, we will cover how to get qualified for coverage as well as provide sample pricing for life insurance for age 78.

We specialize in burial insurance for seniors which guarantees the best coverage at the lowest possible rates.

Acceptable ages also include 80 and 60 for seniors we have a 90% approval rating for immediate benefits and the other 10% would be graded policies.

We reccomend coverage amounts of 25k, 15k or 10k to cover funerals in full.

Life Insurance Options Age 78

Options at age 78 for life insurance are very limited. You can get term, universal and final expense but both term and universal are limited in what they offer at this age.

Term Life

  • Only 10 year Term Length Available
  • Coverage Amounts $50,000 – $1,000,000 and over
  • Medical Exam Required & APS Records
  • Difficult to Qualify for

Universal Life

  • Over 5 Companies Available
  • Coverage Amounts $50,000 – $1,000,000 and over
  • Medical Exam Required & APS Records
  • Difficult to Qualify for

Final Expense

  • Permanent Coverage Many Options Available
  • Coverage Amounts $1,000 – $50,000
  • No Medical Exam Required
  • Easy to Qualify for

How much Does Life Insurance cost at age 78?

Burial and life insurance rates are based on your age and health. So if you are in good health and your birth date is 02/02/1944 and you are a non-smoker male then your monthly premium on $10,000 of coverage with Mutual of Omaha would be $122.13 monthly. To look at a higher amount of coverage or more accurate pricing use our quote form to the right.

With products like Mutual of Omaha Living Promise, it provides day one immediate coverage which means if you die the day after your first premium payment your family will receive the compensation. We have also written extensively on companies like New York Life and their gimmicks.

Those mainstream companies have terrible products for seniors you can read more on that here.

Eligibility for Final Expense

Below is a table going over what is required to be eligible for burial insurance.

Eligibility RequirementDescription
Age & Date of BirthYour current age determines your eligibility with different policies. If you are older than age 85 for example a majority of life insurance companies will not offer you burial insurance.
Height & WeightYou current heigh and weight affect your eligibility with some life insurance companies because high risk health conditions are directly linked to obesity.
Resident StateYour resident state determines which plans are available to you. Some life insurance companies may not have their policies available in your state.
Current & Past Health HistoryYour health determines your eligibility for burial insurance. If you hav extreme current or a past history of health conditions such as cancer you are considered high risk and many life insurance companies may not accept you.
US CitizenshipYou must be a US citizen or permanent resident to buy burial insurance in the United States. If you are a citizen of a different country you are not eligible.
Current MedicationsYour current medications indicate to the life insurance company how your health is. This is how they can categorize you as a high risk applicant or not.
Criminal HistoryA criminal history indicates if you are a high risk. If you have an extensive criminal record life insurance companies will not accept you.

Can a 78 year old Get Life Insurance?

Yes, you absolutely can and the best part is when working with us is no one can be denied regardless of health. We have something for everyone at this agency.

Our Process

The way our process works is you fill out the form to the right of this page and you will see accurate life insurance premiums according to your age. After that, you will receive a call from one of our agents and they will assist you but looking at any health issues you may have. This is called field underwriting, if you are in good health and everything checks out they will recommend the perfect carrier for you and help you get instant approval right over the phone.

The Agent is your personal Agent

Our agents are your advocate to give the life insurance company their vote of confidence that you do not have any terminal illness or anything not disclosed on your application. The carrier looks at your medical information and prescriptions and compares it to your answers to the health questions. If everything checks out you are approved.

In addition to this there are no medical exams required which makes these policies quick and easy to qualify for.

Burial and Life Insurance Benefits

The benefits that all burial and whole life insurance policies should provide are as follows.

  • Rate Lock – Premium is locked in and never increases
  • Level Death Benefit – Death Benefit Never Decreases
  • Tax-Free Death Benefit – Not Subject to Taxation

In addition to these benefits, you can add on specific riders to your policies for additional benefits you can learn more about those in our carrier reviews.

Best Burial Insurance Companies for Seniors age 78

The best burial and life insurance companies for seniors age 78 are as follows:

Between all these companies is how we maintain a 90% approval rating for immediate day one coverage for our clients. These are the most elite and ideal companies for seniors.

Best Term Life Insurance Companies for 78 Year Old’s

The best companies providing a 10 year term life policy at age 78 are listed below.

  • Foresters
  • Mutual of Omaha
  • Transamerica
  • Pacific Life
  • Protective
  • Ameritas

Best Life Insurance Companies for Universal Life Policy at Age 78

These are the companies that will offer a Universal Life policy to seniors at age 78. We have listed the companies below.

  • Protective
  • North American Life Insurance Company
  • Corebridge
  • Legal & General
  • American National

Sample Burial Insurance Quotes for 78 Year Old Male & Female

In the rate chart below are the average costs for Mutual of Omaha and several other carriers. These are our best life insurance companies.

Burial Insurance Cost for a 78 Year Old
Age$10,000 Male Non Smoker$10,000 Male Smoker$10,000 Female Non Smoker$10,000 Female Smoker


If you need life insurance at age 78 get your burial policy now and lock in your rate so it will never increase. This will allow you to provide peace of mind to your family knowing your final expenses will be taken care of. With the liberal underwriting of these carriers and our expert-level training, you will have the best coverage in 30 minutes or less.

Work with ParamountQuote, once you work with us you will be a client for life.