Buying Burial & Final Expense Insurance in Delaware for 2024

First and foremost, if you are looking to buy burial insurance in Delaware you are on the right track.

Finding the right company to protect your family from your burial expenses can be challenging to say the least.

This is where we as the experts come in, we have assisted thousands of residents in Delaware. We make finding the best burial insurance available in the second smallest state of the U.S.A simple.

According to

The 2021 cremation rate is projected to be 57.5% and the burial rate is projected to be 36.6%.

Furthermore, burial insurance, as well as cremation insurance, is a marketing term for final expense whole life insurance. So whether you are going to do a burial or cremation the policy will work for both.

Burial Insurance in Delaware Defined & How it Works

Burial insurance in Delaware(funeral insurance and cremation insurance etc.) is final expense life insurance which is either simplified issue whole life insurance or guaranteed issue whole life.

These plans have no medical exams required to qualify.

You simply answer health questions and consent to medical & prescription history checks for simplified issue plans.

Guaranteed issue plans have no health questions or medical & prescription history checks but they come with an automatic 2 year waiting period before the policy pays out.

Coverage amounts range between $1,000 – $50,000 for a policy with premiums that never increase, death benefits that never decrease and cash value that builds in the policy as you pay premiums.

Underwriting for these plans is very liberal.

You can find policies with no waiting periods even if you have some health issues like previous heart attacks, strokes, COPD, cancer etc.

Now you need to work with an experienced life insurance agent that knows and represents exactly which company will accept your pre-existing medical conditions to get the best rate with no waiting periods.

How Burial Insurance works

It pays out a lump-sum tax-free death benefit to the named beneficiary on the policy when you or a loved one dies. The beneficiary uses this lump-sum amount of money to pay funeral, burial, and any other end of life costs.

Any money left over is theirs to keep for any purpose.

Final Expense Insurance in Delaware Quote Samples

We like to provide sample burial insurance quotes to help you make an informed decision for your life insurance needs. Burial insurance in Delaware costs $50-$130 per month generally for seniors between ages 65-80 years old.

Below you are going to see sample pricing and companies for final expense whole life insurance in Delaware.

We can cover young adults with life insurance and seniors over 80, seniors 0ver 70, and seniors over 60 with this type of life insurance coverage.

We break it down so you understand which companies offer final expense insurance in Delaware for your specific age.

This life insurance coverage is designed to protect your family from your funeral bills and any other end-of-life expenses you will leave behind when you die.

Age$10,000 Male Non Smoker$10,000 Male Smoker$10,000 Female Non Smoker$10,000 Female Smoker

Common Causes of Death In Delaware

There are many causes of death in America, tomorrow is not promised. This is why having coverage in place to protect them from the funeral cost is the best thing for your family’s peace of mind.

According to

The leading causes of death in Delaware are as follows:

  1. Cancer
  2. Heart Disease
  3. Accidents
  4. Stroke
  5. Chronic Lower Respiratory Disease
  6. Alzheimer’s Disease
  7. Diabetes
  8. Kidney Disease
  9. Influenza
  10. Septicemia

Burial insurance in Delaware provides a lump sum death benefit to your beneficiary at the time of your death so if you die from any of the above conditions your family will receive the money to pay for the funeral expenses.

Accelerated Death Benefit Rider

In addition to this depending on what plan you apply for we can help you get a rider for accelerated death benefits.

What this means is if you get diagnosed with cancer and are expected to only have 12 months to live, you can take a portion of the face amount of your policy to be used for anything.

You can use it to pay any extra bills or pre-pay the funeral arrangements in advance so your family doesn’t have to.

Accidental Death Benefit Rider

Depending on what policy you choose with us there is also an accidental death rider that can add additional coverage to your policy if you die from an accident.

These riders can be an additional benefit so if you purchase a policy with us for $20,000 with the accidental rider for an additional $20,000 this would be a payout of $40,000 to your beneficiary.

Benefits of Burial Insurance in Delaware

Final expense insurance in Delaware has many benefits for an individual trying to protect their family. We have included a table below listing the benefits of burial insurance extensively.

Level PremiumsBurial insurance Premiums never increase for the life of the policy
Level Death BenefitBurial Insurance Death benefit never decreases for the life of the policy
Coverage Never ExpiresPolicy never expires as long as premiums are paid
Cash ValuePremiums paid into the policy build an additional savings to the policy’s face amount that can be borrowed against
Tax-Free Death BenefitThe Death Benefit to your beneficiary is 100% tax free
Peace of MindBurial, funeral and cremation expenses are all covered which gives you peace of mind
No Medical ExamsNo medical exams required to qualify. You only answer health questions.
Financial SecurityBurial Insurance provides the money to pay your funeral costs so your family does not have the financial burden placed on them to pay burial expenses.
Easy UnderwritingBurial Insurance is easy to qualify for. Even seniors with moderate health conditions can get a low premium.
Instant DecisionBurial Insurance uses instant decision during the application process. This means when you apply you will receive a decision of approval or denial right after the application is submitted.

Average Cost of Funeral Services to Plan for Burial Insurance Delaware

According to

The high price for a funeral in Delaware is $10,285.

This means when you die the funeral home will ask your family to come up with the above amount to cover your funeral.

There is also inflation to consider, the cost of burial now can be $10,285 but in the next 10 years, it could be well over $14,000!

This is why when shopping for final expense insurance we recommended shopping for a policy with $5,000 more added to account for inflation.

How to know exactly How Much Burial Insurance you need?

It is simple to figure out how much coverage you need. Ask your local funeral home for a price on the services you want.

After that add on $5,000 for inflation and factor in any other end-of-life expenses, you may have such as other debts, unpaid vehicle loans, mortgage balances, etc.

Once you have the exact amount of all your end-of-life expenses purchase a policy that matches that amount.

Eligibility Requirements for Final Expense Insurance in Delaware

There are eligibility requirements on applications for burial insurance. Below is a table outlining the different requirements and why they are required.

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.

Picking the Best Life Insurance Company

Picking the best burial insurance in Delaware is simple.

Work with us. Here at ParamountQuote, we work with the top-rated carriers nationwide. Our agents are highly trained to get you the best policy for you and your unique health situation.

We help 90% of our clients get day one level coverage what this means is that if you don’t work with an expert you can wind up in a policy with a waiting period for benefits.

We do not recommend companies such as Colonial Penn, Globe, Lincoln Heritage, etc.

Our carriers have been in business for over 100 years so they’re not going anywhere any time soon. With over 20 carriers in our portfolio, we guarantee you the best coverage at the best rate possible.

Burial Insurance Delaware Underwriting & Health Questions

The burial insurance in Delaware carriers that we work with have easy underwriting. What this means is that getting qualified for our carriers is easy and can be done in 30 minutes or less.

Furthermore, they do not require a medical exam, blood test, physical or anything like that. They simply look at your Medical Information Bureau Health Report and perform a prescription check to check your health. They look at you as a person not a list of health conditions.

Our carriers look at how well your health conditions are managed. So if you have a particular health condition but have not had any complications in over 2 – 3 years then your chances of day one coverage are high.

Our carriers are mainly looking for the following health conditions:

  • Cancer
  • Terminal Illness
  • Kidney Dialysis
  • Organ Transplant
  • Amputation due to Diabetes

Furthermore, even if you have those conditions we can still get you coverage.