Getting Burial Insurance in Massachusetts for Final Expense 2024
Posted in Burial Insurance by State last updated on December 5, 2023Are you wondering what is & how to get the best & cheapest burial insurance in Massachusetts? You are in the perfect place, the best burial insurance for seniors is final expense life insurance(simplified & guaranteed issue whole life insurance).
There are no medical exams, just health questions with prescription & health history checks. For guaranteed issue plans there are no health questions or health & prescription history checks acceptance is guaranteed but there is an automatic 2 year waiting period with those.
The cheapest companies for a burial policy would be Mutual of Omaha, Aetna, Transamerica & American Amicable.
According to cdc.gov
The leading cause of death in Massachusetts is Cancer with over 12,934 deaths.
Death can happen tomorrow and this is why getting a burial insurance policy is crucial to giving your family peace of mind.
Burial insurance, funeral insurance, and cremation insurance are all marketing terms for the same product which is whole life final expense insurance.
Whole Life Insurance
Whole Life Insurance is a small death benefit life insurance policy between $1,000 – $50,000 designed to cover the end of life expenses like funeral expenses for whatever funeral home you are using.
Table of contents
- Understanding Final Expense Insurance in Massachusetts
- Does Burial Insurance Require a Medical Exam?
- Burial Insurance in Massachusetts Cost Ages 19-91
- Best Funeral Insurance Companies for Seniors
- Funeral Costs in Massachusetts
- Eligibility Requirements for Final Expense Insurance in Massachusetts
- Is there a Waiting Period for Burial Insurance?
- Guaranteed Issue Life Insurance for Burial
- Example Health Questions
Understanding Final Expense Insurance in Massachusetts
Final expense life insurance(burial insurance, funeral insurance, cremation insurance etc.) is simplified issue whole life insurance or guaranteed issue life insurance.
Your health determines which type of whole life insurance you qualify for (simplified issue or guaranteed issue).
Now the way final expense insurance works is it is permanent life insurance with level premiums(premiums never increase) with level death benefits(death benefit never decreases).
Coverage amounts between $1,000 – $50,000 are available for this type of life insurance.
Funeral insurance is designed to cover burial, funeral, cremation or any other end of life expenses for your family when you die.
In addition to this it builds cash value which is an additional savings that builds on top of your death benefit as you pay premiums.
When you die your beneficiary files a claim with the life insurance company. After filing the claim they receive the death benefit of your policy and use that money to pay for the funeral.
Any money left over is for them to keep with the added benefit of the money being tax free.
Simplified underwriting makes these policies perfect for seniors with pre-existing health conditions.
Does Burial Insurance Require a Medical Exam?
The best part about these policies is there are no medical exams required because of their easy underwriting.
They will not send a medical expert to your home to draw blood and run tests or have you do a walking lap around your home, unlike most term life insurance.
All they do is use your Social Security Number to look at your Medical Information Bureau Health Report and perform a prescription check.
Furthermore, an instant decision is reached right after these checks that you are either approved or denied that is how quick the process is.
The life insurance company is just looking for major health issues or poorly managed health conditions. Our agents walk you through this process.
Burial Insurance in Massachusetts Cost Ages 19-91
We have provided burial insurance quotes in Massachusetts samples pulled directly from our life insurance quoting software. Burial insurance in Massachusetts costs between $50-$130 monthly for seniors ages 65-80 years old.
This will give you an accurate idea of the pricing of final expense life insurance in Massachusetts so you can make an informed decision on how much coverage you need and can afford.
Remember whole life insurance in Massachusetts for a funeral does not require a medical exam and is the best product for protecting your family from your funeral costs.
You will see burial insurance quotes for residents of Massachusetts by individual age starting at 19 years old. Yes, we can get a young adult final expense whole life insurance as well as final expense coverage at age 80, final expense coverage at age 70 and final expense coverage at age 60.
| Age | $10,000 Male Non Smoker | $10,000 Male Smoker | $10,000 Female Non Smoker | $10,000 Female Smoker |
|---|---|---|---|---|
| 19 | $12.87 | $16.59 | $12.03 | $13.74 |
| 20 | $13.19 | $17.02 | $12.13 | $15.40 |
| 21 | $13.50 | $17.46 | $12.74 | $17.02 |
| 22 | $14.17 | $18.18 | $13.06 | $17.05 |
| 23 | $14.54 | $18.51 | $13.77 | $17.08 |
| 24 | $15.43 | $19.19 | $15.16 | $17.10 |
| 25 | $15.95 | $20.00 | $15.28 | $17.39 |
| 26 | $16.28 | $20.83 | $15.40 | $17.69 |
| 27 | $16.61 | $21.75 | $15.51 | $17.95 |
| 28 | $16.92 | $22.15 | $15.61 | $18.22 |
| 29 | $17.25 | $22.54 | $15.73 | $18.48 |
| 30 | $17.57 | $23.07 | $16.09 | $19.06 |
| 31 | $17.97 | $23.60 | $16.45 | $19.66 |
| 32 | $19.84 | $24.25 | $16.79 | $20.21 |
| 33 | $20.34 | $25.00 | $17.12 | $20.75 |
| 34 | $20.93 | $25.83 | $17.45 | $21.28 |
| 35 | $21.53 | $26.59 | $17.99 | $21.89 |
| 36 | $22.14 | $27.37 | $18.54 | $22.50 |
| 37 | $22.84 | $28.18 | $19.06 | $23.08 |
| 38 | $23.54 | $29.08 | $19.55 | $23.62 |
| 39 | $24.34 | $29.87 | $20.05 | $24.18 |
| 40 | $23.13 | $30.66 | $20.70 | $24.98 |
| 41 | $23.62 | $31.43 | $19.75 | $25.80 |
| 42 | $24.11 | $32.21 | $19.93 | $26.57 |
| 43 | $24.64 | $32.93 | $20.10 | $27.30 |
| 44 | $25.18 | $33.41 | $20.38 | $28.03 |
| 45 | $25.79 | $34.00 | $20.88 | $28.80 |
| 46 | $26.43 | $34.57 | $21.43 | $29.55 |
| 47 | $27.10 | $35.17 | $22.01 | $28.06 |
| 48 | $27.71 | $35.58 | $22.33 | $28.56 |
| 49 | $27.35 | $38.27 | $21.78 | $29.22 |
| 50 | $28.29 | $39.47 | $23.56 | $30.14 |
| 51 | $29.26 | $40.77 | $24.48 | $31.06 |
| 52 | $30.31 | $42.22 | $25.09 | $32.72 |
| 53 | $31.47 | $43.83 | $25.62 | $34.54 |
| 54 | $32.77 | $45.44 | $26.26 | $38.99 |
| 55 | $34.25 | $48.12 | $27.11 | $40.85 |
| 56 | $35.88 | $52.06 | $28.20 | $42.71 |
| 57 | $37.69 | $54.25 | $29.51 | $42.30 |
| 58 | $39.64 | $56.72 | $31.70 | $43.61 |
| 59 | $40.10 | $55.60 | $31.00 | $44.50 |
| 60 | $41.84 | $56.72 | $31.70 | $43.61 |
| 61 | $43.76 | $59.64 | $32.87 | $45.19 |
| 62 | $46.41 | $63.28 | $34.51 | $47.48 |
| 63 | $49.07 | $67.72 | $36.06 | $49.78 |
| 64 | $51.22 | $69.53 | $37.72 | $52.07 |
| 65 | $53.58 | $72.72 | $39.36 | $54.36 |
| 66 | $56.48 | $76.06 | $41.01 | $56.66 |
| 67 | $59.85 | $80.53 | $43.44 | $60.22 |
| 68 | $63.18 | $84.67 | $45.86 | $63.60 |
| 69 | $66.84 | $89.65 | $48.29 | $66.09 |
| 70 | $70.79 | $94.64 | $50.81 | $70.45 |
| 71 | $73.15 | $98.31 | $53.24 | $72.18 |
| 72 | $78.81 | $103.97 | $56.20 | $75.86 |
| 73 | $83.99 | $109.94 | $58.46 | $79.74 |
| 74 | $89.46 | $116.69 | $63.55 | $84.14 |
| 75 | $94.87 | $123.65 | $67.78 | $88.66 |
| 76 | $99.97 | $132.48 | $72.41 | $94.42 |
| 77 | $107.04 | $141.32 | $78.25 | $101.63 |
| 78 | $114.13 | $150.57 | $83.51 | $108.24 |
| 79 | $122.13 | $161.81 | $88.44 | $115.15 |
| 80 | $129.52 | $171.23 | $93.41 | $125.01 |
| 81 | $139.73 | $181.75 | $98.43 | $135.14 |
| 82 | $149.95 | $192.98 | $106.21 | $147.04 |
| 83 | $160.16 | $204.65 | $113.96 | $160.56 |
| 84 | $171.02 | $219.19 | $121.31 | $170.76 |
| 85 | $181.88 | $237.28 | $128.55 | $179.58 |
| 86 | $192.74 | $257.57 | $135.90 | $192.35 |
| 87 | $236.25 | $337.32 | $171.33 | $237.32 |
| 88 | $276.68 | $353.99 | $205.98 | $253.99 |
| 89 | $317.10 | $370.65 | $240.63 | $278.99 |
| 90 | $357.53 | $378.98 | $275.28 | $303.99 |
Best Funeral Insurance Companies for Seniors
Now we are going to list the best funeral insurance companies for seniors in Massachusetts.
- Mutual of Omaha
- Prosperity Life
- Transamerica
- Aetna Accendo
- Gerber Life
- Guarantee Trust Life
- AIG
- Great Western
Burial Insurance in Massachusetts Benefits
We have created an extensive list of the benefits of burial insurance for individuals in Massachusetts. In the table below you will see a comprehensive list of the benefits of having final expense insurance in Massachusetts.
| Benefit | Description |
|---|---|
| Level Premiums | Burial insurance Premiums never increase for the life of the policy |
| Level Death Benefit | Burial Insurance Death benefit never decreases for the life of the policy |
| Coverage Never Expires | Policy never expires as long as premiums are paid |
| Cash Value | Premiums paid into the policy build an additional savings to the policy’s face amount that can be borrowed against |
| Tax-Free Death Benefit | The Death Benefit to your beneficiary is 100% tax free |
| Peace of Mind | Burial, funeral and cremation expenses are all covered which gives you peace of mind |
| No Medical Exams | No medical exams required to qualify. You only answer health questions. |
| Financial Security | Burial 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 Underwriting | Burial Insurance is easy to qualify for. Even seniors with moderate health conditions can get a low premium. |
| Instant Decision | Burial 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. |
Funeral Costs in Massachusetts
Burial costs vary from state to state, the funeral homes control the pricing in these cases.
This is why life insurance is a type of coverage that allows you to pick your specific face amount. A burial can range between $8,000 – $12,000 now it is important to add inflation into that.
We recommend at least $5,000 extra for inflation. So if your burial is $10,000 a $15,000 policy should more than cover the costs.
Furthermore, these policies pay out to your named beneficiary so when you die your beneficiary receives the check they deposit into their bank account and use the funds to pay for the funeral.
This ensures that everything is paid and accounted for.
These policies are also very affordable we have assisted 100’s of low-income clients that otherwise would be relying on the department of transitional assistance get affordable coverage.
Eligibility Requirements for Final Expense Insurance in Massachusetts
Our list in the table below will out line the eligibility requirements for life insurance companies that sell burial insurance. These requirements are part of the application process for funeral insurance.
| Eligibility Requirement | Description |
|---|---|
| Age & Date of Birth | Your 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 & Weight | You current heigh and weight affect your eligibility with some life insurance companies because high risk health conditions are directly linked to obesity. |
| Resident State | Your 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 History | Your 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 Citizenship | You 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 Medications | Your 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 History | A criminal history indicates if you are a high risk. If you have an extensive criminal record life insurance companies will not accept you. |
Is there a Waiting Period for Burial Insurance?
A waiting period is all dependent on what you qualify for. We help 90% of our clients qualify for day one level coverage.
We have helped clients with COPD, CHF, Heart Attacks, Stroke, and much more. Get a policy that would pay out to their beneficiary the next day if they died tomorrow.
Our agents are highly trained to know the underwriting niches of the companies they represent.
Furthermore, They are highly trained on what prescription drugs a carrier will and will not accept. This makes finding burial insurance in Massachusetts simple and easy when working with our agents.
We guarantee the best coverage at the best rate.
Guaranteed Issue Life Insurance for Burial
If you are terminally ill or have serious health issues like HIV, Current Cancer, Dementia, Alzheimer’s to name a few then a Guaranteed Issue policy is the only burial insurance in Massachusetts you will be able to get.
Guaranteed Issue Policy Waiting Period
These policies have just a 2 year waiting period for benefits. If you pass away within the 2 years your family would receive the premiums paid plus 10%.
After the 2 years the full face amount will be paid if you die. This is why you want to start your waiting period as soon as possible.
Furthermore, These policies have an accidental death rider so if you die from an accident it will pay the full face amount regardless of the waiting period.
Example Health Questions
We are going to provide some basic questions you will see on an application for burial insurance in Massachusetts. These carriers ask their questions in time frames typically.
Within 2 Years Time Frame
- Had diagnostic tests which results are not known.
- Diagnosed with Angina, Stroke, Lupus, Cirrhosis, Hepatitis C.
- Used Illegal drugs, abused alcohol, or drugs.
Those are just a few health questions that will be asked on the application. When you speak with our agents they will go over this with you.
Fill out the form to your right to see pricing and speak with an agent.