Below is a list of the best Burial insurance for seniors over 80 voted by readers and compiled and edited by our team, let’s find out
Above everything else, seniors think once they are 80 years old that they cannot purchase life insurance the truth is you can get burial insurance for seniors over 80.
This is by no means is the case at all. Our best carriers such as Royal Neighbors of America, AETNA, and much more will provide burial insurance for seniors over 80.
These carriers also offer a quick death benefit payout in a very short period of time so your family is protected from the funeral costs. Leaving a family with debt from funeral expenses is a burden no one should EVER bear.
We help seniors over 80 every day get approved even with the following health conditions Dementia, HIV, Cancer, COPD, and HL.
Our carriers can even insurance seniors at age 85! This is something a lot of other life insurance plans don’t do.
If you are age 60 you can read our article for that specific age here.
Typically at age 80, term life insurance is not a good option considering possible health conditions and medications this is why simplified issue whole life is the best option for burial insurance for seniors over 80. It is permanent life insurance that will always be there for your family.
An insurance policy for seniors is so crucial as they are getting closer to their death. This sends a ripple effect to their next of kin. Now a funeral director asks a family for in most cases $12,000 or more!
Making sure a person has adequate life insurance coverage is a necessity, not an option. This is why our clients all around the world have such peace of mind knowing they have an A+ rated life insurance company standing behind them.
With a simplified application process for a whole life policy not to be mistaken with universal life insurance. Instant approval can be done in 30 minutes!
So of the points to be taken into account in this guide are the different coverage levels:
Level Life insurance Coverage: Day 1 coverage for clients in good health even with preexisting health issues
Graded Life insurance Benefits: Typically limited coverage for the first 2 years for clients with some more extreme conditions
Guaranteed Issue life insurance: For clients with above-average poor health also limited coverage for 2 years but acceptance is guaranteed!
All these different policies offer the coverage amounts needed to take care of any funeral costs.
Can an 80 year old get Life Insurance?
This is a commonly asked question and the answer is simply yes! 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 80 year old this also goes for life insurance for 81 year old’s.
We assist seniors and their children every day with getting life insurance for 82 year old or life insurance for 83 year old. We can help any senior up to age 85.
If you are looking for a loved one who is 80 you can take out burial insurance for parents over 80. All you have to do to buy life insurance for them is speaking with our agents have them present with you and answer any pre existing health impairment questions.
You can read more about this in our article 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 but our companies specialize in providing burial insurance for seniors over 80 years old.
Not only that but our carriers are A-rated or better meaning they have been in business a long time and will stay that way!
You can also get burial insurance for seniors over 85. This can be done for parents or grandparents. Depending on the company you can get different riders for your parents or grandparents as well.
We help families nationwide get the best burial insurance for seniors over 80. Life insurance over 80 is simple it is not complicated at all. All of our clients are exclusively from the senior market this is why our carriers offer life insurance over 80 with no medical exams.
Families work with us to find the best life insurance for elderly parents over 80 on a daily basis. So whether you are an individual or child looking for over 80s life insurance for yourself or your family we can help you in minutes.
Be sure to check out our other guides on age 70.
- Accidental Death
- Grandchild Rider
- Accelerated Living Benefits Rider
Those riders add additional benefits for funeral insurance over 80.
Burial Life Insurance Rates Age 80
GENDER & RATING $5,000 $10,000 $15,000 $20,000 Female No Waiting Period $50 $98 $145 $193 Female Tobacco & No Waiting Period $65 $126 $188 $250 Female Guaranteed Acceptance $63 $126 $189 $252 Male No Waiting Period $71 $139 $207 $276 Male Tobacco No Waiting Period $92 $181 $271 $360 Male Guaranteed Acceptance $79 $157 $235 $313
Burial Life Insurance Rates Age 81
GENDER & RATING $5,000 $10,000 $15,000 $20,000 Female No Waiting Period $54 $106 $157 $209 Female Tobacco & No Waiting Period $74 $147 $218 $290 Female Guaranteed Acceptance $68 $136 $203 $271 Male No Waiting Period $76 $144 $223 $296 Male Tobacco No Waiting Period $97 $192 $288 $383 Male Guaranteed Acceptance $84 $167 $250 $333
Burial Life Insurance Rates Age 82
GENDER & RATING $5,000 $10,000 $15,000 $20,000 Female No Waiting Period $58 $113 $169 $224 Female Tobacco & No Waiting Period $81 $160 $239 $317 Female Guaranteed Acceptance $73 $145 $217 $289 Male No Waiting Period $81 $160 $238 $317 Male Tobacco No Waiting Period $103 $204 $305 $406 Male Guaranteed Acceptance $89 $177 $266 $354
Burial Life Insurance Rates Age 83
GENDER & RATING $5,000 $10,000 $15,000 $20,000 Female No Waiting Period $62 $121 $180 $239 Female Tobacco & No Waiting Period $86 $170 $254 $338 Female Guaranteed Acceptance $75 $149 $223 $297 Male No Waiting Period $87 $171 $254 $338 Male Tobacco No Waiting Period $110 $219 $327 $435 Male Guaranteed Acceptance $91 $182 $273 $364
Burial Life Insurance Rates Age 84
GENDER & RATING $5,000 $10,000 $15,000 $20,000 Female No Waiting Period $65 $128 $191 $253 Female Tobacco & No Waiting Period $91 $179 $267 $355 Female Guaranteed Acceptance $77 $153 $229 $306 Male No Waiting Period $92 $181 $271 $360 Male Tobacco No Waiting Period $119 $237 $354 $471 Male Guaranteed Acceptance $94 $188 $282 $376
Burial Life Insurance Rates Age 85
GENDER & RATING $5,000 $10,000 $15,000 $20,000 Female No Waiting Period $69 $135 $202 $268 Female Tobacco & No Waiting Period $97 $192 $286 $381 Female Guaranteed Acceptance $79 $157 $236 $314 Male No Waiting Period $97 $192 $287 $382 Male Tobacco No Waiting Period $130 $257 $385 $512 Male Guaranteed Acceptance $96 $192 $288 $384
Burial Insurance to Avoid
What to AvoidReason Term life InsurancePremiums increase after 5 years. Coverage ends after 80. Term Terminates Pre-paid funeral plansExpensive & Do not Travel with you if Death Occurs outside of State Universal life insuranceTied with stocks used more for Inevstments No health questions Asked policiesWith 2-year waiting period & more Expensive Plans offering “gimmick rates”$9.95 per unit plans or $1 buys $100,000 coverage Over priced plansInsurance from TV and Spam mail with false advertising Plans that accept mail-in paymentsHigh Risk of Payment Failure & Policy Lapse Plans that accept Direct ExpressHigh Chance of Lapse due to missed Payment Plans that accept Credit CardsHigh Chance of Lapse due to missed Payment
Burial Insurance that is Best
PARAMOUNTQUOTE PLAN BENEFITSINCLUDES Day One CoverageYES Rates NEVER Go upYES Policy Coverage NEVER DecreasesYES Easy Underwriting & ApprovalYES No Medical Exams RequiredYES Same Day Instant ApprovalYES Death Claims Pay QuicklyYES Builds cash value over timeYES Coverage Up To Age 85YES
Does Life Insurance end at age 80?
This question requires a little more insight.
It depends on the type of life insurance you are looking at. If you have a term life insurance policy and have had it over 30 years and you or a loved one are approaching 80 then yes it will expire.
If you have a whole life insurance policy then no it will not expire it will be with you or your loved one your entire life. This is why burial insurance for seniors over 80 is whole life insurance designed to cover funeral or cremation costs and end-of-life expenses by providing a death benefit.
These insurance plans are permanent life insurance. They are the perfect insurance policy for seniors
Quick Tip: To see some life insurance quotes fill out the form to the right.
Now true funeral insurance over 80 years of age will never expire. It is a permanent coverage this is why any senior looking for burial insurance must have whole life insurance this is the only final expense insurance for seniors over 80 anyone should have.
Term insurance is not burial insurance period.
This is why it is important to work with us because we specialize in life insurance for the elderly over 80 years of age. When you fill out our quote form to the right you will see burial life insurance quotes for 80+ in it for top-rated carriers in your state.
It will also put you in touch with one of our agents and they will be able to assist you personally.
Life Insurance for Seniors over 80 Cost?
Life insurance rates are dependant on a few factors.
- Age as in exact date of birth
- Your specific health conditions
- Geographical location
- Lifestyle choices
- Your unique needs
These all factor into the total premium cost. the difference between age 80 and age 85 could make that much of a difference in premium.
A ballpark average for an 80-year-old in perfect health could range anywhere between $100 – $200 monthly for a range of $10,000 – $20,000.
Quick Tip: For a more accurate quote fill out the form to your right.
American Amicable Best Burial Insurance Rates
American Amicable Burial Insurance Rates Age$10,000 Coverage Male Non Tobacco Monthly Rate$10,000 Coverage Male Tobacco Monthly Rate$10,000 Female Non Tobacco Monthly Rate$10,000 Female Tobacco Monthly Rate 50$31.64$40.59$26.6631.28 55$40.03$50.00$33.69$38.62 60$47.05$60.56$38.26$45.77 65$59.74$76.06$47.05$57.70 70$78.79$98.31$60.38$72.18 75$108.01$132.48$81.73$94.42 80$155.82181.75$113.68$135.19 85$221.31$257.57$166.02$210.43
Best Burial Insurance Companies for Seniors over 80
- Mutual of Omaha
- American Amicable
- Prosperity Life
- Royal Neighbors of America
- Guarantee Trust Life
- Great Western
- American General
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
- Open Care
- Lincoln Heritage
How much Does Life Insurance cost for a 80 year old?
As we just went over in the previous section an accurate cost depends on the factors listed above but let’s provide an example of how much a life insurance policy for seniors at age 80 costs.
John Age 80
DOB – 8/25/1940
For $10,000 their rate would be between roughly $140 monthly
If you want to see more rates for life insurance for 80 years and older fill out the form to your right to see pricing and speak with our agents.
By using our quoting tool you can see rates on a life insurance policy for 82 year old, 83, 84, and 85. When you speak with one of our agents part of their customer service to you is helping you pick the policy that will fully cover your end-of-life costs.
Life and health insurance policies are similar in the sense that their pricing is based largely on your age.
What is Funeral Insurance for over 80?
Funeral insurance is life insurance for final expenses also known as whole life insurance also known as burial insurance. They are all different marketing names for the same thing.
For a more comprehensive guide, you can see our article here on What is a Burial Insurance Policy Ultimate Guide 2021
Whole Life insurance covers things like funeral costs and funeral expenses.
Getting qualified and approved in minutes is easy! Just a few health questions in the application process, select some coverage amounts pick the death benefit that best suits your needs.
Our licensed agents will reach out to you to confirm the life insurance quotes you selected ask some health questions and proceed to get you approved.
This will provide your family the security they need to be taken care of upon you or your loved ones passing. Above all, this is your last way to show them how much you cared.
Family is the most important thing in the world and protecting them is an obligation, not an option.
Quick Tip: To speak with a licensed agent fill out the form to the right.
Here are some frequently asked questions we get here at ParamountQuote on a daily basis.
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.
To check your area and see quick insurance quote’s fill out the form to the right.
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.
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.
Senior Life Insurance Company’s to Avoid Over 80
Here at ParamountQuote, we specialize in burial insurance for seniors over 80 and all other age ranges. That being said we know exactly which companies to avoid and stay away from because they are gimmicks.
These gimmicky companies and their plans will put you in waiting periods in most cases as well as charge way too high of a premium at your age. We have even seen companies market term life insurance as burial insurance.
Now how does term better serve you to pay your final expenses so your family is not left with debt when the term expires and is next to impossible to qualify for at your age? It doesn’t.
For life insurance senior policies for over 80 you should be getting a simplified issue whole life policy that builds cash value and is the type of life insurance that will always be there for your loved ones.
That is the best insurance for seniors not a policy that will end when you reach age 80 or age 85. Your family should be guaranteed the death benefits without any surprises in the future period.
One of the most notable of these gimmick companies is aarp life insurance for seniors over 80. Their policy is overpriced and awful final expense insurance for taking care of your funeral expenses. When it comes to burial insurance for seniors over 80 avoid AARP like the plague.
Click here to Learn the truth about AARP