Best Burial & Life Insurance for Seniors Over 80 in USA

If you are wondering what is the best & how to get burial insurance for seniors over 80 read on.

Final expense insurance for seniors over 80(burial, funeral, cremation insurance etc.) is permanent simplified issue whole life insurance plans & guaranteed issue life.

You get simplified issue burial coverage by answering health questions on an application for life insurance with no medical exams required only health & prescription history checks.

If you get approved there are no waiting periods. Guaranteed issue life insurance for seniors over 80 has no health questions but has a 2 year waiting period before policy payout.

These plans build cash value & provide a fast lump-sum tax free death benefit(between $2,000-$50,000) to your beneficiary when you die so they can pay your end of life expenses(burial, funeral, cremation etc.).

Term life is not a good idea for seniors over 80 because it only provides a 10 year term length with limited options.

Universal life is not good for seniors over 80 because there is only one company available that we know of (Protective Life) with potentially more out there and they require optimal health with a full medical exam but you can apply up to age 89.

Your chances of getting approved for Protective over 80 years old are very slim. This means that the best life insurance option for you over 80 is final expense life insurance because it is much easier to qualify for, has a fast approval process, is designed to cover burial, funeral & other end of life expenses and it never expires as long as premiums are paid.

In this article we will cover how these policies work, eligibility, costs, best companies & worst companies and much more.

Burial Insurance for Seniors over 80 Costs Ages 80 – 89

The table below will show burial insurance quotes for seniors over 80 pulled directly from our quoter to give you an idea of how much depending on your age you could expect to pay for burial insurance.

Related: Life insurance over 80 No Medical Exam

Final expense life insurance for seniors over 80 is affordable and there are many life insurance companies that can accept you even if you have pre-existing conditions.

Funeral insurance is meant to pay for your funeral expenses so your family does not have to pay a huge funeral bill.

The monthly premium for final expense life insurance for seniors over 80 is small compared to the large bill your family could be responsible for if you do not have sufficient funeral insurance in place.

The median cost of a funeral is $7,848 according to the National Funeral Directors Association.

$5,000 Whole Life Insurance Policy Cost for Seniors Over 80 – 89

Age	$5,000 Male Non Smoker	$5,000 Female Non Smoker	$5,000 Male Smoker	$5,000 Female Smoker
80	$71.47	$50.82	$104.74	$69.17
81	$76.58	$54.71	$111.01	$75.12
82	$81.68	$58.58	$120.81	$81.88
83	$87.11	$62.26	$128.85	$86.98
84	$92.54	$65.88	$136.00	$91.39
85	$97.97	$69.55	$143.07	$97.78
86	$119.88	$87.41	$170.66	$120.66
87	$178.99	$128.99	$178.99	$128.99
88	$187.33	$141.49	$187.33	$141.49
89	$191.49	$153.99	$191.49	$153.99

$10,000 Whole Life Insurance Policy Cost for Seniors Over 80 – 89

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

$15,000 Whole Life Insurance Policy Cost for Seniors Over 80 – 89

Age	$15,000 Male	$15,000 Female	$15,000 Male Tobacco	$15,000 Female Tobacco
80	$207	$146	$271	$188
81	$223	$157	$326	$218
82	$238	$169	$356	$239
83	$254	$180	$380	$254
84	$271	$191	$401	$267
85	$287	$202	$385	$286
86	$352	$255	$588	$383
87	$413	$307	$678	$446
88	$473	$359	$767	$510
89	$534	$411	$856	$573

$20,000 Whole Life Insurance Policy Costs for Seniors Over 80 – 89

Age	$20,000 Male	$20,000 Female	$20,000 Male Tobacco	$20,000 Female Tobacco
80	$276	$193	$360	$250
81	$296	$209	$383	$290
82	$317	$224	$406	$317
83	$338	$239	$435	$338
84	$360	$253	$471	$355
85	$382	$268	$512	$381
86	$469	$339	$784	$509
87	$549	$408	$903	$594
88	$630	$477	$1022	$679
89	$711	$547	$1141	$763

$25,000 Whole Life Insurance Policy Costs for Seniors Over 80 – 89

Age	$25,000 Male	$25,000 Female	$25,000 Male Tobacco	$25,000 Female Tobacco
80	$344	$240	$450	$311
81	$370	$260	$478	$362
82	$395	$280	$507	$396
83	$422	$298	$544	$422
84	$449	$316	$589	$444
85	$477	$334	$639	$476
86	$585	$423	$979	$636
88	$686	$509	$1127	$742
89	$787	$596	$1276	$848

$30,000 Whole Life Insurance Policy Costs for Seniors Over 80 – 89

Age	$30,000 Male	$30,000 Female	$30,000 Male Tobacco	$30,000 Female Tobacco
80	$412	$287	$619	$373
81	$443	$312	$650	$434
82	$474	$335	$708	$475
83	$506	$357	$757	$505
84	$539	$379	$799	$532
85	$571	$401	$842	$570
86	$655	$515	$838	$613
87	$720	$553	$908	$655
88	$785	$588	$978	$700
89	$850	$625	$1048	$743

$35,000 Whole Life Insurance Policy Costs for Seniors Over 80 – 89

Age	$35,000 Male	$35,000 Female	$35,000 Male Tobacco	$35,000 Female Tobacco
80	$481	$336	$721	$435
81	$516	$363	$757	$506
82	$552	$390	$826	$553
83	$590	$416	$882	$589
84	$628	$441	$932	$620
85	$666	$467	$982	$665
86	$764	$601	$977	$715
87	$840	$645	$1059	$764
88	$916	$685	$1140	$817
89	$992	$729	$1222	$866

$40,000 Whole Life Insurance Policy Costs for Seniors Over 80 – 85

Age	$40,000 Male	$40,000 Female	$40,000 Male Tobacco	$40,000 Female Tobacco
80	$549	$384	$815	$530
81	$590	$415	$865	$578
82	$631	$446	$944	$632
83	$674	$475	$1008	$673
84	$717	$504	$1065	$708
85	$761	$534	$1122	$759

$45,000 Whole Life Insurance Policy Costs for Seniors Over 80 – 85

Age	$45,000 Male	$45,000 Female	$45,000 Male Tobacco	$45,000 Female Tobacco
80	$608	$455	$703	$511
81	$574	$478	$755	$547
83	$616	$510	$808	$584
84	$660	$544	$864	$622
85	$707	$578	$921	$662

$50,000 Whole Life Insurance Policy Costs for Seniors Over 80 – 85

Age	$50,000 Male	$50,000 Female	$50,000 Male Tobacco	$50,000 Female Tobacco
80	$840	$505	$781	$568
81	$637	$531	$838	$608
82	$684	$567	$898	$649
83	$734	$604	$959	$691
84	$785	$642	$1024	$736
85	$840	$682	$1090	$782

Life Insurance for Over 80 is Available

Yes, an 80 year old can get life insurance. The options that we know of would be a 10 Year term life plan with either Mutual of Omaha or Transamerica, a Universal life plan with Protective(potentially more companies but our tools only show Protective) and simplified issue whole life(final expense) with well over 10 different companies available to you.

Simplified issue whole life insurance is known as final expense, burial and funeral insurance.

Life Insurance Agent Pro Tip: The Cheapest & Best Funeral Plan for over 80 is going to be with Mutual of Omaha’s Living Promise plan. Keep in mind that particular funeral plan for over 80 has more strict underwriting to qualify due to the rates being so low compared to other life insurance companies.

The application process is simple just a few health questions and a voice signature and you or your loved one will have coverage in minutes!

It is that simple to get a life insurance policy for an 80 year old.

Buying Burial Insurance for a Family Member over 80

If you are looking for a loved one you can take out burial insurance for parents over 80. You can buy up to $50,000 in coverage for your 80 year old father, mother, grandfather or grandmother.

All you have to do to buy life insurance for them is speak with our agents and have them present with you and answer any pre existing health impairment questions.

This means that yes you can get life insurance for someone over 80 as long as you have their consent and insurable interest.

You can read more about this in our article for burial insurance for parents.

As we mentioned earlier a lot of companies do not offer coverage to seniors over 80, they look at them as high-risk individuals.

You can also get burial insurance for seniors over 85. This can be done for parents or grandparents.

Families work with us to find the best life insurance for elderly parents over 80 on a daily basis.

Benefits of Final Expense Life Insurance over 80

The table below will list and explain the benefits of burial life insurance over 80. We understand the importance of wanting to know the type of benefits funeral insurance can provide.

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.

Eligibility Requirements for Burial Insurance for Seniors Over 80

We have included a table below listing the requirement criteria to be eligible for burial insurance. This simplified table will easily help you understand everything required for final expense 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.

Best Life Insurance Companies for Seniors over 80

We have listed the 10 best burial insurance companies for seniors over 80. Each one of these companies has competitive rates and liberal underwriting as you go down the list.

Now the cheapest burial insurance over 80 is going to be with Mutual of Omaha. That being said they can also be difficult to qualify for some high risk applicants.

It is not always about the cheapest coverage but also about which company will approve you for pre-existing health conditions.

Mutual of Omaha

Mutual of Omaha final expense coverage is one of the cheapest over 80 life insurance policies a senior can get.

Their living promise whole life policy is one of the best funeral insurance plans on the market due to their affordable rates and additional benefit riders.

We highly recommend them for life insurance for people over 80. They are very friendly to diabetics with no complications as well as heart issues that happened over 2-3 years ago depending on severity.

	Age Eligibility	Policy Brochure
★★★★★	45-85	Brochure
Policy Features & Benefits	Type of Policy: Whole Life(Lifetime Coverage)	Waiting Period: Graded Plan(yes) Level Plan(no)
	Death Benefit Amounts: $2,000-$50,000	Level Death Benefit(Death Benefit Never Decreases)
	Available States: All Except NY	Level Premiums(Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exams Required
Accelerated Death Benefit Rider	Allows the insured to access a portion of the policy’s death benefit while alive for various needs such as medical bills, living expenses, and funeral expenses.
Eligibility	Applicable when the insured is diagnosed with a terminal illness (12 months to live) or has been confined to a nursing home for more than 90 days without the expectation of leaving.
Inclusion	Automatically included in the policy at no extra cost.
Accidental Death Benefit Rider	Provides an extra death benefit equal to the policy’s death benefit in case of death resulting from an accident.
Inclusion	Requires an additional charge to be added to the policy.

Additional Benefits & Policy Riders

The available riders for this policy are going to be as follows:

Level Plan

• Accelerated Death Benefit for Terminal Illness & Nursing Home Confinement Rider – This rider allows the insured to take money out of the policy’s death benefit while they are alive. The money can be used for whatever purpose the insured wants(paying medical bills, living expenses, pre-paying funeral expenses etc.) This rider can only be used if the insured is diagnosed with a terminal illness(12 months to live) or the insured has been confined to a nursing home for more than 90 days without any expectation of leaving the nursing home. The rider is automatically included in this policy which means you do not pay extra for it.
• Accidental Death Benefit Rider – This rider provides an additional death benefit equal to the policy death benefit. It means it doubles the policy payout if death occurs due to an accident. If you have a policy with a $5,000 death benefit and you or your loved one dies from an accident the policy pays out $10,000. This rider is not free there is an additional charge to add it on the policy.

American Amicable

American Amicable funeral insurance for over 80 offers the lowest smoker rates on the market.

If you are looking for life insurance for people over 80 that are smokers this is the best plan to apply for.

You will save the most money if you are a smoker with this policy.

	Age Eligibility	Policy Brochure
★ ★ ★ ★ ★	50-85	Brochure
Policy Features & Benefits	Type of Policy: Whole Life(Lifetime Coverage)	Waiting Period: Immediate Benefit Plan(No) Graded & ROP Plans(Yes)
	Available States: All Except NY	Level Premiums(Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exams Required
	Death Benefit Amounts: $2,000-$50,000	Level Death Benefit(Death Benefit Never Decreases)
Terminal Ilness Accelerated Death Benefit Rider	Allows the insured diagnosed with a terminal illness to use the entire policy death benefit (100%) for any purpose. If you have a $10,000 policy and are diagnosed with a terminal illness, you can access the full $10,000 for various needs.
Accelerated Death Benefit Rider Confined Care	Provides 5% of the death benefit in monthly payments if the insured is confined to a nursing home 30 days after the policy starts. Can be used for monthly bills or other smaller expenses.
Grandchild Rider	Offers $5,000 life insurance coverage per unit for a grandchild or great grandchild, with a maximum of 2 units totaling $10,000 in coverage. Costs an additional $1.00 on the monthly policy premium per unit for each grandchild.
Children’s Insurance Agreement	Provides up to $6,000 in coverage for each child below age 25. Can be converted to a whole life or endowment policy when the child is over 25. Allows coverage up to 5 times the coverage amount, totaling $30,000, without demonstrating insurability.
Nursing Home Waiver of Premium Rider	Waives premium payments on the policy if the insured is confined to a nursing home for over 90 days, making the insurance essentially free.
Accidental Death Benefit Rider	Doubles the death benefit payout if the insured or loved one dies from an accident, with no additional cost to be added.

Additional Policy Benefits & Riders

• Terminal Illness Accelerated Death Benefit Rider – The insured can use the whole death benefit (100%) of their policy if they are diagnosed with a terminal illness. This means if you have a $10,000 policy and get diagnosed with a terminal illness you will be able to take the $10,000 benefit to use for whatever purpose. You could prepay funeral expenses, payoff debts or anything else you would need the money for.
• Accelerated Death Benefit Rider Confined Care – If you or your loved one become confined to a nursing home 30 days after the policy becomes active you can get 5% of the death benefit of the policy paid to you in a monthly amount. This can be used for monthly bills or other smaller expenses.
• Grandchild Rider – This rider provides $5,000 per unit in life insurance coverage for a grandchild or great grandchild. There is a maximum of 2 units which equals $10,000 in coverage for grandchildren. The pricing for this is just $1.00 extra on your policy premium per month and for each grandchild.
• Children’s Insurance Agreement – If you have children below age 25 this rider will provide up to $6,000 in coverage for them per each child. When the children are over 25 the coverage can be converted into a whole life policy or an endowment policy. They do not have to show that they are insurable and can get coverage up to 5 times the coverage amount from the rider. $6,000 multiplied by 5 equals $30,000 in coverage available to them.
• Nursing Home Waiver of Premium Rider – If you or your loved one has been confined to a nursing home over 90 days and have this policy in force you can use this rider. It will waive the premium payments on the policy making the life insurance essentially free for you or your loved one.
• Accidental Death Benefit Rider – If you or your loved one die from an accident this rider will double the death benefit payout of the policy. It works the same way as Mutual of Omaha but it does not cost extra to be added.

Aetna

Aetna’s Accendo product is their life policy for over 80 life insurance for seniors. They are very friendly towards seniors with breathing conditions like COPD.

If you are looking for funeral insurance for seniors with breathing conditions this is your best option to avoid a waiting period.

	Age Eligibility	Policy Brochure
★★★★★	40-89(Preferred & Standard Plans) 40-75(Modified Plan)	Brochure
Policy Features & Benefits	Type of Policy: Whole Life (Lifetime Coverage)	Waiting Period: Preferred & Standard Plan(No) Modified Plan(Yes)
	Available States: All Except NY	Level Premiums (Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exams Required
	Death Benefit Amounts: $2,000-$50,000	Level Death Benefit (Death Benefit Never Decreases)
Accelerated Death Benefit Rider	Allows the insured diagnosed with terminal, critical, or chronic illness with an expected death within 12 months to access 50% of the policy death benefit for various purposes such as bills or funeral planning.
Accidental Death Benefit Rider	Pays out an amount equal to the policy death benefit for accidental death if the insured is between 40 and 70 years old.
Children’s Term Insurance Rider	Children and grandchildren aged 30 days to under 18 years old can be covered for amounts ranging from $2,500 to $10,000 each. The policy can be converted to a whole life policy for the child between the ages of 22 and 25.

Additional Policy Benefits & Riders

• Accelerated Death Benefit Rider – If the insured is diagnosed with a terminal, critical or chronic illness with expected death within 12 months 50% of the policy death benefit can be used. The insured can access and use 50% of their policy death benefit to use for whatever purpose. If you or your loved one have a $10,000 you can use $5,000 of the policy early for any possible bills, funeral planning etc.
• Accidental Death Benefit Rider – If you are between ages 40 – 70 years old this rider will payout an amount equal to the policy death benefit for accidental death. If you have a policy only worth $5,000 and die due to an accident your beneficiary will receive $10,000 in coverage.
• Children’s Term Insurance Rider – Children & Grandchild of any type can be covered between $2,500 – $10,000 for each child. The child must be between 30 days and under 18 years old to qualify. The policy can be converted to a whole life policy between 22 – 25 years old.

Transamerica

Transamerica burial life insurance for people over 80 is just as affordable as Mutual of Omaha.

Their underwriting is more strict so if you are looking for a final expense policy make sure they are in great health to apply with this company.

	Age Eligibility	Policy Brochure
★★★★★	45-85	Brochure
Policy Features & Benefits	Type of Policy: Whole Life(Lifetime Coverage)	Waiting Period: Graded Plan(yes) Preferred & Standard Plans(no)
	Available States: All States	Level Premiums(Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exams Required
	Death Benefit Amounts: $2,000-$50,000	Level Death Benefit(Death Benefit Never Decreases)
Accelerated Death Benefit Rider & Nursing Home Confinement	Pays the full death benefit if the insured experiences a terminal illness or is confined to a nursing home.
Accidental Death Benefit Rider	Pays an additional coverage amount equal to the face amount for ages 18-70 in the event of death due to an accident. The policy payout doubles, e.g., a $15,000 policy becomes a $30,000 payout to the beneficiary.
Children & Grandchildren Benefit Rider	Offers coverage between $1,000 – $5,000 for children aged 15 days – 18 years, with a maximum of 9 children covered. The coverage can be converted when the child becomes an adult.

Additional Policy Benefits & Riders

• Accelerated Death Benefit Rider & Nursing Home Confinement – The full death benefit of the policy is paid to the insured if terminal illness or confinement to a nursing home occurs.
• Accidental Death Benefit Rider – For ages 18 – 70 this policy will payout an additional amount of coverage if the insured dies due to an accident. The amount is equal to the face amount which means the policy payout doubles. If you have a $15,000 policy the payout your beneficiary receives will be $30,000.
• Children & Grandchildren Benefit Rider – Now for children or grandchildren this rider offers coverage between $1,000 – $5,000 for children between 15 days old – 18 years old. Up to 9 children can be covered under this rider. The coverage can also be converted when the child becomes an adult.

Prosperity Life

Prosperity burial insurance is the perfect over 80 life insurance for seniors with heart conditions. They are very liberal in their underwriting.

If you had heart conditions over 2 years ago with no on-going treatments or medications this is the best funeral insurance for over 80 to apply for.

	Age Eligibility	Policy Brochure
★★★★★	55-80	Brochure
Policy Features & Benefits	Type of Policy: Whole Life(Lifetime Coverage)	Waiting Period: Graded & Modified Plans(yes) Level Plan(no)
	Available States: All Except SC,SD,CT,MT,NY,ND	Level Premiums(Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exam Required
	Death Benefit Amounts: $5,000-$35,000	Level Death Benefit(Death Benefit Never Decreases)
Accelerated Death Benefit Rider	Allows the insured to access the policy death benefit in the event of a terminal illness, providing funds for various needs such as living expenses or early funeral expenses.
Accidental Death Benefit Rider	Doubles the policy payout if death is a result of an accident, operating similarly to other accidental riders.

Additional Policy Benefits & Riders

• Accelerated Death Benefit Rider – In the event of terminal illness the insured(you or your loved one) can take money from the policy death benefit early. This allows you to pay for anything you may need while you are still living. This would allow for paying funeral expenses early or other living expenses.
• Accidental Death Benefit – This rider doubles the policy payout if death occurs due to an accident. It works the same as the other accidental riders mentioned.

Guarantee Trust Life

Guarantee Trust Life funeral coverage is one of the few companies offering an almost guaranteed issue life insurance for people over 80.

By almost we mean they only have 5 health questions on their application with half of a waiting period.

After policy year 1, 50% of the death benefit pays out. Now after policy year 2 the full death benefit will be paid.

This means it is slightly different from traditional full 2 year waiting period policies because there are 5 health questions in addition to health & prescription history checks.

	Age Eligibility	Policy Brochure
★★★★★	50-90	Brochure
Policy Features & Benefits	Type of Policy: Whole Life(Lifetime Coverage)	Waiting Period: Year 1: ROP+5% Interest Year 2: 50% of Death Benefit Paid Year 3: 100% Death Benefit Paid
	Available States: All Except NY	Level Premiums(Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exams Required
	Death Benefit Amounts: $2,500-$20,000	Level Death Benefit(Death Benefit Never Decreases)

Additional Policy Benefits & Riders

There are no additional Riders offered by Guarantee Trust Life however they offer a funeral concierge service through Sequoia Funeral Concierge Services.

We would rank the cheapest funeral cover for over 80 with these companies as Mutual of Omaha, Aetna, American Amicable, Transamerica and Guarantee Trust Life.

These are in order from least to most expensive.

A Step by Step for Choosing the Right Burial Policy

We are going to give you a simple step by step guide for choosing the perfect burial policy for your situation and needs.

Step 1. Assess Your Needs

Are you or your loved one going to have more expenses than just burial and funeral expenses left behind for you family?

If you are going to have extra debts and end of life costs total up the estimated number and buy a burial policy with the exact or higher coverage amount to match those expenses.

Step 2. Understand which Type of Burial Insurance to Apply for Based on Health

If you have breathing conditions(COPD, Emphysema etc.) and want a good chance of avoiding a waiting period you should apply with Aetna or Royal Neighbors of America.

Now if you have heart conditions(heart attack, stroke etc.) you should apply with Prosperity Life to avoid a waiting period.

Work with a life insurance agent like us so we can accurately assess your health conditions to determine which company will insure you.

Step 3. Examine the Coverage Closely

Examine the coverage offered closely to determine if there are any exclusions or waiting periods.

Step 4. Work with a Life Insurance Broker Representing Multiple Companies

If you try to buy directly from a life insurance company they will usually give you an automatic guaranteed issue policy with a waiting period.

Now life insurance companies pay agents directly which means it is not more expensive for you or on your premiums to work with a life insurance broker.

The idea is to work with a life insurance agent that represents life insurance companies that are accepting your health conditions within reason for no waiting period coverage and lowest premiums.

High Risk Burial Insurance for Seniors over 80 & Health Issues

All of the companies we work with listed in this article provide burial insurance to high risk applicants. Now no matter what type of pre-existing health conditions you have you can still be approved.

The only difference in your burial policy options are either a waiting period or non waiting period policy.

This is determined by the severity of your pre-existing health conditions.

For example if you had a heart attack over 3 years ago with minimal or no ongoing medications you can get a policy with no waiting periods.

Life Insurance Agent Pro Tip: There is no such thing as free burial insurance for seniors in poor health. Burial insurance for seniors in poor health is going to cost money for the monthly premium. That being said the best burial insurance for seniors in poor health is going to be with American Amicable or Prosperity Life

This is due to the fact that burial insurance companies are aware that elderly seniors have health conditions.

They are aware that with old age especially over 80 that there are inevitable health issues.

Now someone with a more severe health concerns like Dementia is only going to get a guaranteed issue policy with a two year waiting period.

Below is a table listing specific health conditions and if these health conditions only qualify for a waiting period or non waiting period policy.

Tool to Check Your Health Conditions & See Which Company is Best for You

Health Condition	Day One Coverage	Waiting Period	Best Company
ADL’s(Assistance of Daily Living Eating, Dressing, Toileting, Bathing)	Yes	No
AIDS & HIV	No	Yes
ALS	No	Yes
Alcohol Abuse	Yes	No
Alzheimers & Dementia	No	Yes
Amputation Caused by Accident (No ADLS Needed)	Yes	No
Amputation Caused by Accident(ADL’s Needed)	No	Yes
Amputation Caused by Diabetes or Disease(No ADL’s Needed)	Yes	No
Amputation Caused by Diabetes or Disease(ADL’s Needed)	No	Yes
Aneurysm	Yes	No
Angina	Yes	No
Angioplasty	Yes	No
Assisted Living Facility	Yes	No
Asthma	Yes	No
AFIB (Atrial Fibrillation)	Yes	No
Autism	Yes	No
Brain Tumer(Non Cancerous)	Yes	No
Bipolar Disorder	Yes	No
Brain Tumor(Cancerous)	Yes	No
Bronchitis (Chronic)	Yes	No
Cancer-Must have occured and been cured over 2 yeas ago with no further complications or medications	Yes	No
Coronary Bypass Surgery	Yes	No
Cardiomyopathy	Yes	No
Cerebral Palsy	Yes	No
COPD Chronic Obstructive Pulmonary Disease	Yes	No
Circulatory Surgery	Yes	No
Cirrhosis	Yes	No
Congestive Heart Failure	Yes	No
Cystic Fibrosis	Yes	No
Defibrillator	Yes	No
Depression	Yes	No
Diabetes(Without Complications)	Yes	No
Diabetes(With Complications)	Yes	No
Dialysis	No	Yes
Down Syndrome	Yes	No	SBLI
Drug & Alcohol Abuse	Yes	No
Emphysema	Yes	No
Heart Attack	Yes	No
Heart Disease	Yes	No
Obesity & Under Weight	Yes	No
Hepatitis C	Yes	No
Hospitlization(Current)	No	Yes
Huntington’s Disease	Yes	No
Kidney Disease Stage 1 – 3	Yes	No
Kidney Disease Stage 4 – 5	Yes	No
Lupus (Systemic)	Yes	No
Multiple Sclerosis	Yes	No
Muscular Dystrophy	Yes	No
Organ Transplant	No	Yes
Oxygen Tanks	No	Yes
Oxygen Concentrator	Yes	No
Pacemaker Implant	Yes	No
Pancreatitis	Yes	No
Parkinson’s Disease	Yes	No
Pending Surgery	No	Yes
Schizophrenia	Yes	No
Scleroderma	Yes	No
Seizures	Yes	No
Sickle Cell Anemia	Yes	No
Sleep Apnea	Yes	No
Stroke	Yes	No
Stent	Yes	No
TIA Mini Stroke	Yes	No
Tumor Cancerous	No	Yes
Tumor Non-Cancerous	Yes	No
Ulcerative Colitis	Yes	No

Remember your best funeral cover for over 80 is final expense life insurance, pricing is determined by your present health, gender, age and life style.

If you are searching for burial insurance for parents over 80 or other family members, type in their health condition in the table as well as any abbreviations.

This will show whether they have a strong chance at qualifying for no waiting periods and which company is most likely to accept them.

Burial Insurance Age’s 81 – 85

We have also covered each individual age regarding burial insurance for seniors in their 80’s and upward. You can learn more about specific age below.

• Life Insurance for 81 year old
• Life Insurance for 82 year old
• Life Insurance for 83 year old
• Life Insurance for 84 year old

Term Life Insurance for Seniors over 80

Now when it comes to term life insurance for seniors over 80 you can only get a 10 year term length policy.

In addition to this there are only about 2 different life insurance companies that we know of with more potentially out there to choose from for term life at age 80 or above(Mutual of Omaha, Transamerica).

If you already have term life insurance in place nothing happens when you turn 80 to your term life policy unless the term length expires.

If the term length expires when you reach age 80 then the coverage is no longer active.

This is why whole life insurance is the better option for seniors over 80 because it is permanent coverage that will last until you die.

If you are thinking about getting term coverage on yourself or to serve as burial insurance for parents over 80 or other family members think again.

Term is temporary like the name implies which means it expires.

That guarantees your family will receive the death benefit and be able to pay your funeral and other final expenses.

It is important to note that once you turn age 81 you can no longer buy term life insurance. There are no life insurance companies that will offer term life insurance to seniors above age 80.

Medical Exam & APS Records

In addition to the small term length you can get for term life over 80 there is also a medical exam and attending physician statements required during underwriting.

That means if you apply for this type of coverage you will have to do a physical blood & urine test to see if you qualify.

Keep in mind that if the life insurance company finds anything in these tests that indicate health issues they will either deny or rate you higher on their table.

A table rating means the premium of the policy becomes more expensive. Now in addition to that there is also the attending physician statements they may ask for from your doctor.

It can take over a month or more for your doctor’s office to get these records to the life insurance company.

This means you will be stuck waiting for well over a month just to see if you are approved for coverage.

Now if you are looking for burial insurance for parents over 80 would you want to wait that long for them to get covered IF they qualify?

Term policies offer higher amounts of coverage but for people over 80 it is a terrible option.

The point is that it is a major hassle to buy term life insurance over 80 because of the limited amount of companies available and small term length(10 years).

If you outlive this small term policy and do not use it the coverage will expire.

At that point you would be around 90 years old and have no other life insurance options available except for guarantee trust life insurance company.

Universal Life for Over 80 Life Insurance

When it comes to your options for over 80 life insurance for seniors final expense life insurance is your best option.

All other available policies are extremely limited like universal life coverage which is meant for retirement income. Universal life is both term and whole life coverage combined together.

The only company that will offer universal over 80 life insurance is Protective that we know of. Protective will offer universal whole life insurance to seniors up to age 85 and some other companies offer Universal Life up to age 89 according to other online resources.

Now their plans are fully underwritten requiring a medical exam, APS records and extensive underwriting.

This makes over 80 life insurance products like universal life extremely difficult to qualify for.

If Protective is available in your state because they are not available in all states you will need to be in excellent health.

If you are not in excellent health you will either be denied or rated higher on their table ratings which results in more expensive life insurance premiums.

This can be between 100-300% more expensive if you have health issues.

In addition to this you need to contribute more money on top of your baseline premiums every month to make a universal life policy build cash value quickly and abundantly.

Overall universal life for over 80 life insurance for seniors is not a good option due to the limited amount of companies(1 company) and strict underwriting.

Guaranteed Issue Life Insurance Over 80 Best Companies

Now when it comes to guaranteed issue life policies there is only 2 actual plans for seniors over 81 years old. Gerber life, AIG, Great Western, Cica Life and AAA will issue the best guaranteed issue policies over 80 but not over age 81 but Cica Life Superior Choice & AAA will issue coverage up to age 85.

This means the best guaranteed issue life policies for seniors over 80 are:

1. Gerber Life
2. American General(AIG)
3. Great Western
4. Cica Life Superior Choice
5. AAA

The only guaranteed issue plans available to seniors over 81 years old is Cica Life’s Superior Choice & AAA’s guaranteed issue life products.

Mutual of Omaha Life Insurance for Seniors over 80

The best life insurance company for seniors over 80 that are in good health is Mutual of Omaha’s Living Promise whole life final expense product.

It is the most competitively priced out of most other products for funeral insurance.

This is why we consider Mutual of Omaha’s policy the cheapest and best funeral cover for over 80 seniors.

Mutual of Omaha life insurance for seniors over 80 is our top recommendation.

Now it is important to note that if you have prior health history such as heart problems Mutual of Omaha may not be a good life insurance policy option for seniors in poor health.

When it comes to final expense insurance your health determines exactly where an agent will take you according to underwriting.

Life Insurance is Cheaper Than Burial Insurance Over 80 Things to Consider

Now life insurance over 80 is going to be cheaper than burial insurance over 80 but if you are sick it will become more expensive.

In addition to this we already mentioned that at 80 years old you cannot get a term life policy for more than 10 years.

If you outlive that policy your family will not have any life insurance to protect them from your funeral costs and other end of life expenses.

The underwriting for traditional life insurance especially at age 80 will require a medical exam and doctors records.

If you are sick you could wind up with a Table rating above the preferred rate which will make the life insurance policy for over 80 more expensive than a final expense policy over 80 years old.

So at first glance life insurance may be cheaper than burial insurance however your health conditions can make life insurance more expensive than funeral insurance.

For more extensive detail check out our article on burial insurance vs life insurance.

Worst Burial Insurance Companies for Seniors over 80

These are the worst companies for seniors with gimmicks that do not serve the consumer at all we have reviewed each one of them and proven why they are not a good idea.

• Colonial Penn
• Globe
• Lincoln Heritage
• Senior Life Insurance Company
• AARP

AARP does not even offer any life insurance over 80 because all their plans stop right at age 80 for whole life.

Direct Burial or Direct Cremation Cheapest Forms of Burial

Both Direct burial or direct cremation are the cheapest ways to bury someone. They exclude any kind of viewing, wake, embalming and other services.

Cheapest Burial Type	Average Cost	Source
Direct Burial	$2,597	Funeralocity.com
Direct Cremation	$2,183	Funeralocity.com

Getting Burial Insurance for Seniors Over 80 With No Phone Calls

The truth is in order to get the best burial insurance for seniors over 80 you are going to have to participate in phone calls.

You want to work with a life insurance agent that can look at several funeral plans for over 80s life insurance.

This process typically includes taking a phone call with a life insurance agent or broker that represents companies that offer life insurance at 80 years old or older.

For agents to be compliant with the companies they represent they need to speak with the proposed insured and policy owner if different than the insured.

This prevents any kind of fraudulent activity if someone were trying to take out a funeral policy on someone else they do not know.

It could be used as a way for individuals to fraudulently make money from life insurance companies from some ones death they did not know.

That is why funeral plans for over 80s seniors or seniors in general require electronic or voice signatures for the application as well as insurable interest.

Insurable interest proves an individual could experience financial loss when the insured dies.

A perfect example of this is someone buying life insurance for elderly parents over 80. They will be responsible for paying the funeral expenses of their mother or father.

It only makes sense that they would want to get a funeral policy on their parents.

Special Circumstances

Now there are special circumstances obviously incase a phone call cannot be properly conducted. Maybe the proposed insured is mute, speaks a different language etc.

Majority of the communication can be handled by email for funeral plans for over 80s life insurance.

You and the agent can discuss pre-existing conditions, agent can provide quotes based on the information gathered and recommend which company is best for a funeral policy for over 80.

That being said the e-signature process whether it is for voice signature or email signature should be done via phone call with the insured and their interpreter or their power of attorney.

Phone calls only take on average 20 minutes especially with our agents.

Pitfalls of Working with Online Companies That Don’t Require Phone Calls

Here are the issues with working with strictly online companies offering any kind of funeral policy for over 80.

1. They are always going to be overpriced
2. There will be a 2 year waiting period 95% of the time
3. If your health conditions disqualify you from their products they will not have anything else to offer.

This will leave you feeling frustrated and discouraged about finding funeral plans if you are looking for yourself or parents.

When it comes to elderly life insurance over 80 just take the phone calls of the life insurance agents that reach out to you.

That being said make sure they are agents that you opted into speaking with from either their website or online advertising.

Do not ever take a “cold call” from a person claiming to be a life insurance agent you did not request to speak with.

If you get a random phone call you did not request for elderly life insurance over 80 it could be a scam. If you look at our quoter to the right of this page you will see clearly our disclaimer.

The disclaimer makes it clear that when you look at quotes for a funeral policy over 80 on our page our agents will contact you.

If you decide for any reason you do not want services from our agents when they contact you simply express this to them.

Frequently Asked Questions

Here are some frequently asked questions we get here at ParamountQuote on a daily basis.

Is it Worth Getting Life Insurance at 80?

Yes, it is worth getting life insurance at age 80 because final expense insurance is your best option. For seniors over 80 you should not need term life insurance because your mortgage and other assets on a loan should be paid off at this age.

This means all you have to worry about over 80 is your funeral expenses which is what funeral insurance is designed to cover.

Can you Get Life Insurance after 80?

Yes depending on the carrier that is available in your state. Some of our carriers go all the way to age 85. If you are in a unique state without these carriers then you may have to settle for a guaranteed issue policy.

The best part about these insurance plans is they never require medical exams, blood tests, or physicals to qualify.

This is the best type of burial insurance for seniors over 80.

Can you Get Life Insurance after age 80 Even with Medical Conditions?

Yes, our agents are highly trained in the underwriting niches of all the best life insurance company’s nationwide.

They are trained to do their best to get you day one level coverage with the right carrier that will accept your health conditions.

We help 90% of our clients find permanent life insurance that guarantee’s the full death benefit’s to their family when they die.

Furthermore, we have helped clients get with companies like Mutual of Omaha and much more regardless of their health issues.

Can you Get Life Insurance on an 80 year old?

Yes, you can you just have to make sure they are present with you to voice sign for their life insurance application. You can pay for their burial insurance but they do have to be there to provide verbal consent.

We have clients get burial insurance for their parents, grandparents, uncles, aunts, etc.

Furthermore, we recommend using your direct checking account to pay for your loved one’s policy so a payment never gets missed and the policy does not lapse.

Best Funeral Insurance for 80 year old?

When it comes to life insurance for senior’s which is burial insurance, funeral insurance, cremation insurance, etc. The best policy depends on you or your loved one’s unique needs and health profile.

Getting the best policy is crucial to making sure your funeral expenses are covered.

Furthermore, here at ParamountQuote, we do not take a 1 size fits all approach to any of our clients. We are not here to put everyone who is over 80 years old in a guaranteed acceptance policy and call it good.

We work hard for our clients and will do our best to avoid a waiting period if at all possible.

How Much is Life Insurance for 80 year old?

Prices on policies vary depending on your health profile if you qualify for a graded policy the premium will be higher but if you qualify for day one level coverage the premium will be lower.

Furthermore, this is why speaking to one of our agents to assist you is vital they will know exactly what your rate class is after just a few minutes of speaking with you.

Life Insurance for Seniors over 80 years old a good deal?

Yes considering that most term life insurance and whole life will not provide benefits for funeral & cover for over 80 years and older. This makes it the best deal for a consumer at this age.

We work exclusively with burial insurance which means our carriers offer coverage to people of aged 80 and even the age of 85. Not only that but is easy to qualify for the coverage.

Life Insurance for People over 80 the last option?

Yes in this age group this is your final and only option to secure burial insurance or cremation insurance.

Final expense life insurance for seniors over 80 is usually secured by the children or grandchildren of the client considering the age.

If you are a grandchild or child looking for insurance for over 80 year olds give us a call and we can help you get coverage on your family member.

Life Insurance for someone over 80 years old risks?

There are no risks in getting coverage at any age only benefits. The life insurance plan is guaranteed to payout no matter when you or your loved one die.

We have helped our clients get Mutual of Omaha burial insurance and many other life insurance options.

Life Insurance for Elderly People over 80 on Disability

The best part is that burial insurance companies do not care if you are on disability most of the time.

However, if your disability requires you to be in a nursing home or require assistance with daily living this can affect your eligibility.

This is where our ParamountQuote agents come in as field underwriters to assess your health conditions and find you the best senior life insurance plan over 80 that you can qualify for.

We help clients every day with disabilities get the best burial insurance on the market.

Our customer satisfaction is the best in the industry due to our agent’s high level of training.

What is the Best Life Insurance for Seniors Over 80 on Retirement?

Typically the answer to this question is determined by a couple of things. Retirement does not affect your eligibility at all.

• What are your health conditions?
• What state do you reside in?

As we have mentioned before the different burial insurance companies we represent have niches in their underwriting.

So if you have a certain health condition that ultimately determines the best carrier for you.

In addition to this, there is the state availability issue. Getting a certain carrier that provides senior life insurance over 80 is affected by their state footprint.

For example:

A lot of burial insurance carriers are not available in New York because of its high regulations. So if you lived in New York this would limit your options for carriers.

This is why speaking with our agents saves so many of our clients time and research.

How to Get Final Expense Insurance

In order to get the best life insurance for seniors with the best life insurance company for you.

You need to work with an independent agency like us we specialize in whole life insurance for seniors. Our agents will shop the market for you and help you find the best policy for your final expenses.

We are highly trained in non-medical exam life insurance and will find you the best final expense policy for your unique situation and health conditions that will spare your family from any burden of funeral costs.

If you fill out our quote you will see rates from all of the top final expense insurance companies nationwide that offer burial insurance for seniors over 80.

After this you simply make your selection on the life policy for whole life insurance, then one of our agents will reach out to assist you with enrolling with the carrier and you let them know how much life insurance you will need.