The Truth About Buying Burial Insurance For Parents 2022

⭐To see a list of the best burial insurance carriers for parents Click On “Compare Quotes”

Above all, getting burial insurance for parents is important so family members are not left with massive funeral bills! However, there are some questions that need to be asked!

Can you take burial insurance or final expense insurance for parents? What if they are not in decent health?

Can I buy funeral insurance for my parents and are they the same as final expense Insurance or burial insurance coverage?

Yes, as long as they are aware! In fact, it’s a very simple process to get approved with no medical exam. Getting the financial protection you deserve is as simple as a few health questions being answered.

It’s never a pleasant topic to think about, but eventually, we will all have to face our mortality

When you die, your children will be left with hospital bills and funeral expenses that they might not be able to pay for on their own.

So if you are going to experience financial hardship, then you need to look into the best burial insurance for your parent’s final expenses.

Burial insurance for parents is one way of providing them with the funds they need in order to cover those costs for end-of-life expenses. Keep in mind, that the average burial service is at least $7500 and it goes higher rates.

It’s also a great way of ensuring that your final wishes are respected and carried out accurately.

Keep reading for more information about this type of coverage and burial insurance for someone else. remember, it is the most simplistic coverage you can get as it can be approved in minutes with no medical exam.

Can I Buy Funeral Insurance For My Parents

Above all, most would say, “My parents are a financial burden if they pass away and don’t have this taken care of”!

If you are wondering how to get burial insurance for a parent, then you will find out in this article.

But let’s go over the common questions that lead up to it.

The questions I get asked the most are:

  • So, Can I buy funeral insurance for my parents?
  • How to buy life insurance for my parents?
  • How to take out a life insurance burial policy on someone else?
  • Can I get life insurance for my parents without them knowing?
  • Can I get burial insurance for my parents?
  • How do I get my parents’ quotes today?

90% of the calls I get are from adult children or grandchildren looking to make sure they are protected from the financial burden. This financial burden will be alleviated if a death benefit is paid out from burial insurance to cover the final expenses.

Above all, these are the questions that are asked often. In fact, having senior parents that don’t have a burial policy can be stressful. Especially if your parent’s health is deteriorating due to a pre-existing condition.

As long as you have insurable interest and they are aware then you can purchase funeral burial insurance for your parents.

Furthermore, getting a simplified issue whole-life insurance policy with no medical exam, it’s the most convenient way to get coverage.

Can You Buy Life Insurance On Your Parents

Funeral cover For Parents over 75

When purchase burial insurance from a burial insurance company for old parents is so incredibly important today. Because when that day comes you do not want to be left with a burden, the parents’ death benefit takes care of this.

The bottom line, the funeral home will need to get paid!

Whether burial quotes for your mother or burial insurance for parents over 80 getting burial expense insurance on someone else is easier than you think.

There are dozens of burial insurance companies that offer level same-day instant coverage even with pre-existing conditions. In fact, Mutual of Omaha, Royal Neighbors, and AETNA are among the best.

In addition, they do not require a medical exam!

What about no medical exam life insurance policies?

There are NO exams as we have mentioned previously. These are simplified issue whole life policies. The burial insurance company will not require an exam and the death benefit pays out to the beneficiary at the time of death.

You can make the beneficiary anyone that has an insurable interest. This could be a spouse, children, grandchildren, or even a funeral home. However, my advice, stick to the family and not an entity or a “for-profit” business like a funeral home.

What if my parents have multiple funeral policies?

That is OK too! More often we find that parents want to fill in the gaps because the final expense policies they have now are just not enough to cover their funeral costs. This assures the death benefit pays out.

Sometimes, they buy a burial policy just for the funeral and make it payable to the funeral home.

Perhaps they want to leave a legacy or a trust fund for their grandchildren. The insurance company will accept this too.

Ask us how this is possible and we will give you a step-by-step process!

Step-by-Step Guide to Buying Burial Insurance for Parents

When looking for a burial insurance policy for parents, one thought is typically about whether we need a policy for ourselves.

The purpose of purchasing it is to protect our loved ones from experiencing financial hardship when passing away.

Again, the funeral home must get paid!

To do so, you should also consider protecting yourself financially even if this may not be your first priority since there could still be unexpected bills that occur after death.

In fact, no matter what age or pre-existing health condition they have been in before dying.

There is nothing more heartbreaking than when a loved one dies, especially if you are left to take care of their final expenses with the funeral home and bills.

Not only does this become emotionally draining but it can also be financially suffocating!

However, there’s still hope for those who find themselves in such situations.

The key is to never be in that position by securing a simplified issue whole life insurance coverage policy with no medical exam.

Find out how much coverage Your Mom or Dad needs

Funeral costs anywhere from $9,000 to tens of thousands depending on the style.

These costs may not include transporting remains, viewing them in a funeral home, or buying tombstones and plots.

Getting estimates early will help you figure out what’s right for your family so that when it comes time to buy burial insurance you’ll know exactly how much is needed.

It’s also important to have an independent agent shop you to qualify companies like Mutual of Omaha, AETNA, or Trinity Life.

Find a policy that fits Mom and Dads needs

Finding Parent burial insurance can be a difficult topic to understand, which is why it’s important that you get the best policy for your needs.

It’s also worth making sure you explore all options before settling on one plan.

For example, just because an option may cost less monthly doesn’t mean it covers everything you need to have covered.

Above all, if there are other plans out there with more features or better coverage at a similar price point.

In addition, finding out about pre-existing conditions and medications is extremely important when isolating the accurate rate class. Remember, rate class, determines the price and the best carrier.

Decide who will own and pay for Mom and Dad’s policy

Consent from parents is usually required to buy insurance for them. However, a few will offer a POA if pre-existing conditions warrant a POA.

This consent can be obtained by having the burial policy for parents sign an application and sometimes a medical exam (also called a life insurance exam) will need to be performed as well.

In addition, a Power of attorney can be excepted by a few burial insurance companies if Mom or Dad is mentally unable to make their own decisions.

Life Insurance Quotes For Parents

Who has the cheapest life insurance for seniors?

How Much Does Burial insurance for seniors Cost?

The average cost for burial insurance is going to be based on your health profile. Our main focus is always to get you immediate coverage with a company like Mutual of Omaha.

There are quite a few factors: 

  • Age
  • Medical history (Pre-existing)
  • Current Medications, etc.
  • Medical conditions/surgeries 
Below are sample quotes for ages 45-90, nonsmoker rates for Mom and Dad.

Funeral Life Insurance For Under 50-year-Old Parents

If you are looking for burial insurance for elderly parents that are under 50 then you will be limited. However, we will find the right product regardless of pre-existing health conditions.

In fact, if we are going to talk about this let us talk about who is the best at this age.

Let’s face it, being under 50 and looking for the best funeral insurance for parents is not common.

For instance, most consumers under 50 are looking for a 30-year term. It is possible to get cheap burial insurance quotes.

The key here is not to put this on the back burner any longer.

Life gets busy and we too are consumers just like you. We think we have time but all in all, we don’t know what tomorrow will bring.

Burial Insurance For Parents Over 50

Can I get a life insurance policy for my mom? Yes!  

She is over 50, and still young. Health is still good? Then YES! The rates will be below

In fact, chances are if your mom or dad has put this off for years, they will be so happy you are helping them with this burden!

The burial insurance company will cover the final expenses. The rating class will determine medications and pre-existing conditions.

Burial Insurance For Parents Over 60

Is it possible to get a burial insurance policy for parents over 60?  

At this age, your parents are probably still in good health in the eyes of the insurance company even if you have some pre-existing health issues like diabetes or blood pressure issues. It’s the best time to shop for burial insurance policies.

I just read a survey that said 69% of Americans have less than $1,000 in savings. Click Here for this survey.

Is this enough for you to cover burial costs? Is this enough for your family to cover your burial costs when you pass away?

All things considered, the short answer is NO.

For this reason, many families take a burial policy out for themselves or their parents.

Think about that, do you have $10,000 -$15,000 to cover a tremendous funeral bill?

Life Insurance For Parents Over 70 It IS Possible!

Again, Burial life insurance is ideal for people over age 70. In fact, there should be more urgency as pre-existing conditions can start to worsen as you age. This can result in a higher rate.

Burial insurance for my parents made it easy as it is an achievable task at this age.

Overall, burial insurance for age 70 is very important as statistical mortality is within 10 years.

You are here for a reason, you want to give your parents peace of mind and they do not want to put the funeral expenses on you in the event of their death.

Call us for the best options to make sure a death benefit is paid by the insurance company when you need it the most.

Who has the best burial life insurance?

Although there are dozens of burial insurance companies to qualify with and choose from, here is just a sample that offers INSTANT SAME DAY APPROVAL via VOICE SIGNATURE, SECURITY QUESTIONS, AND EMAIL SIGNATURE…

Final expense life insurance no exam is a no-brainer!  

Can you get life insurance at age 80 and Over

It’s still possible to get insurance coverage for people over 85. In fact, even if you have pre-existing conditions.

Even though your mom or dad are in their 80s, you can still provide them with complete protection on the very first day of policy! Yes, life insurance over 80!

If you have an older parent who is suffering from any illness or condition, it’s important that they have the proper insurance coverage.

For example, Mutual of Omaha’s Living Promise final expense policy provides immediate protection for individuals up until age 85 with a low premium and no waiting period.

However, there are some qualifications involved in order to get this kind of service! Don’t worry, most pre-existing conditions are accepted.

We want them healthy enough (medically) so as not to affect other aspects such as health care during their lifetime.

You don’t want your parents’ final resting place to be payday loans and greasy hamburgers.

It’s time for you to buy some funeral life insurance, so we can help them have an elegant send-off with no worries about the cost!

How to Talk To Parents About Burial Insurance

Burial insurance is a sensitive topic, but it’s important to have a conversation with your parents.

You can’t buy it on their behalf without consent from both of them and even if you’re legally entitled as guardian or next-of-kin (NOK), they may not be keen on this idea at all!

But don’t worry – there are plenty of things we’ve learned from talking with people who buried loved ones recently so that no matter what happens during these talks:

  1. Plan to talk: It’s a good idea to have burial insurance so that your parents can rest easy knowing you’re prepared in case something happens. You may be faced with the reality of their death, but it could also bring them some peace as well if they are struggling with what this means for us both going forward and how we will pay our respects afterward – I’ll start discussing things over time while giving myself more room when those discussions become necessary or appropriate again!
  2. Sensitive to feelings: It’s important to be sensitive toward your parents’ feelings. They may have a hard time allowing you to pay for this because it could make them feel like their impending death isn’t something they should prepare themselves for or accept yet, even if the person is consenting in advance and knows what will happen when he/she dies.
  3. Get the siblings involved: Be sure to involve any siblings in your plans. Ask them if they would like help covering the monthly or annual burial insurance premium and letting their parents know what’s happening for conflict-free communication with all parties involved!
  4. Keep it loose, no pressure: It is important to listen without judgment because sometimes we need to hold back what we want or feel in order for the other person’s needs. You might find yourself feeling frustrated when introducing burial insurance but know there are many different types of policies available that can meet everyone’s needs!

Also, to provide a sense of urgency, talk about the natural breakdown of the body, and how new pre-existing conditions will affect the price in the future if not taken care of now. In fact, how YOU, the adult child will have to pay more by in-action now.

Can I Buy A Life Insurance Policy For A Family Member

Can you buy burial insurance for your parents to cover burial expenses?

Is it possible to purchase burial insurance for someone else to cover funeral bills?

Is our number one question daily. Yes, you can.

Our main goal is to provide you with the best funeral cover for parents regardless of health history.

Furthermore, we will hold you by hand and show you how to buy burial insurance for a parent.

Can I buy funeral life insurance for my parents?

Can You Buy An Insurance Policy On Someone Else

Can I take out a funeral plan for someone else?

Yes, you can purchase a funeral plan for someone else as long as they are aware.

Can I get burial insurance for my parents? Yes!

It could be your mom or dad, a close relative, or a loved one who has no family and you are their next of kin.

It provides peace of mind not for just you but for your loved one as well.

Also, if severe pre-existing conditions exist, then a POA can be used in some cases.

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Best Funeral Insurance For Seniors

However, if you are healthy then Mutual of Omaha burial insurance is the best with their Living Promise final expense product.

Furthermore, if you have significant health issues then Great Western offers a fabulous guaranteed issue whole-life policy.

This policy is available for ages 40 and above.

Both Mutual Of Omaha and Great Western have a maximum of $40,000 in coverage. It is always best to obtain burial insurance sooner than later when you have no health history.

No Exam Life Insurance For Parents

How much burial insurance can you get without a physical?

The beauty of this same-day instant burial policy is that there is no exam!

Unlike term life insurance, this is simplified whole life no medical exam life insurance! However, health history can make a difference when isolating a rate class and carrier.

There are some medical health questions the burial insurance company will ask as we have mentioned, but that is it.

As you know every carrier has its own guidelines, once we qualify you, we isolate the best top-rated A+ rated carrier.

Then we can give you an accurate quote based on some basic common health questions every carrier is required to ask.

How Does Burial Insurance Work When Buying For Parents

Is burial insurance worth buying?

Burial insurance (also known as final expense life insurance or funeral insurance) is the type of life insurance that will help bring peace of mind to you and your parents.

Above AAA, funeral life Insurance costs are nothing compared to funeral costs that you can accrue when your parents passed.

Burial life insurance is the type of insurance that will cover all funeral costs, medical bills, funeral directors, funeral homes, and more.

Above all, when your parents pass away a claim form would be filled out and submitted with the death certificate.

In fact, we will hold you by the hand through this emotional time every step of the way.

Buying Funeral Policy For Parents

Can I buy burial insurance for my parents?

(also known as funeral insurance for parents)

Your parents took care of all your needs growing up.

Burial Insurance For Parents

Now the roles have changed as you are the adult children asking yourself, can I buy burial insurance for my parents today?

Burial insurance (also known as, final expense life insurance) is one of the best things you can do for your family.

Now you are wondering, how to buy insurance for your parents…

The easiest and most affordable and with the Same Day Approval is Final Expense… Let’s begin!

So, is funeral life insurance a good idea?  YESSS!!!!

Take advantage of Today with SAME DAY INSTANT APPROVAL!  

In fact, let’s dive into some tips to help you get a jump start on protecting your loved ones today. 

How To Buy Life Insurance For My Parents

Know Your Parent’s Health History

**The more information you can provide us, the better we can assist you with the best price and best carrier!

Have the following ready when you call us for a quote:

  • height/weight
  • their phone number and address
  • Date of birth
  • Prescription history (past medication lists/current)
  • Medical history (dates of procedures or surgeries)
  • health conditions
  • who will be the payor of the policy ( who will pay the premiums)
  • beneficiary name/names (date of birth)
  • amount of coverage desired

What Is The Difference Between Life and Burial Insurance For My Parents

Are Life Insurance and Burial Insurance The Same?

What is the difference between burial and life insurance?

What is burial insurance?

Well, it’s life insurance. Yes, it is the same thing.

Burial insurance is nothing more than a small simplified issue whole life policy.

Can I buy burial insurance for my parents as we have stated above a very common question.

In contrast, to clarify, term life insurance is the most common type of life insurance to purchase at a younger age.

Such as a 10-year, 20-year, or 30-year term policy that usually required a medical exam.

These have all the same meaning:

So purchasing a burial insurance policy for your parents, it is usually a very simple process that in this day and age takes no more than 30 minutes to have an active policy.

So when you buy life insurance for burial rest assured you will be covering your final expenses and they are one and the same.

Does my policy have cash value?

Over time these simplified whole-life policies do accrue cash value.

You can ask your independent agent to give you an illustration of how this works.

Work With An Independent Insurance Agent

 **We have the ability to shop you at multiple burial insurance companies in one simple phone call.

Qualifying you Instant Same Day Approval. It just does not get any easier!

We are licensed in 49 states and have clients throughout the United States and beyond. will walk you through the application processes and ask you some qualifying health questions.

We will help you understand the differences in obtaining burial insurance (final expense insurance).

Some of our clients often ask us about 20-year, and 30-year term policies. (We will touch on that in a moment.)

Based on the information you provide us we will know exactly what you will qualify for.

Whether that be instant same-day simplified issue-level benefits or guaranteed issue life insurance.

Instant Burial Insurance For Parents

Don’t put this off any longer!!!

Can I buy burial insurance for my mom today?

The bottom line, you will have instant same-day approval in less than 30 minutes for your mom and dad.

Why would you put that off?

Burial coverage is not requiring a medical exam.

This burial insurance coverage (final expense insurance) is long-term. It’s for the rest of your parents’ life!

In fact, premiums will not increase!

Once you do this, you don’t have to think about it and you can go on living your day-to-day, enjoying life!

Is burial coverage a good idea?  ABSOLUTELY!

What is the Goodman Triangle

Very Important Tax Tip! You will thank us later!

Very Important to understand there are 3 key components to the Goodman Triangle of any life or burial insurance policy.

If the insured (YOUR PARENT) is different than the payor (YOU) and the beneficiary is let’s say, your brother (JAX), when your parent dies, JAX would receive the full death benefit as he is the beneficiary.

But YOU are the payor and the IRS will view this as a gift to JAX and tax you accordingly.

How do you avoid the Goodman Triangle?

The Payor and Beneficiary should remain the same person.

What Does Burial Insurance Cover For My Parents

Achieve Peace Of Mind

You finally took this task off your to-do list!  

You have created a final expense insurance plan for your parents.

The financial burden has been lifted not only off of you but off of your mom and dad.

Let’s be real, I am sure they could not rest easy knowing this would have been financial distress for you.  

Can I Get Burial Insurance for my Parents Without Them Knowing

Final Expense For Parents Frequently asked questions

What is the scoop with a funeral policy for parents?

Generally speaking, you may be feeling overwhelmed and you have questions such as:

  • burial life insurance for parents no medical exam!!!! Will my parents need a medical exam?

No, unlike term life insurance, this type of life insurance is a Simplified Issue Whole Life Insurance Policy ~ SAME DAY INSTANT APPROVAL. Ask your independent agent about the terminal illness rider built into many of the burial policies. Such as, Mutual of Omaha or Royal Neighbors of America.  

  • How do I get Burial insurance rates and quotes today?

How do you buy burial insurance for your parents? To start, you can fill out the quote box to the left, or call us, we are your personal independent agents. We are here 7 days a week to answer your questions.

  • Is burial insurance for seniors the same as funeral life insurance?

Yes it is, burial life insurance comes in a few names. The types of burial coverage remain the same even though it may be called different things. 

  • What if my parents have health issues? What is the best funeral insurance policy for them?

Depending on your parents health issue, the type of life insurance they may qualify for could be a graded benefit. However, they would still get same day instant approval. Burial insurance quotes are based on your eligibilty, some basic health impairment questions and a few underwriting questions. Once we collect some of that data, we will isolate the best carrier and be able to give you an accurate burial insurance quote based on your personal profile.

  • Can I purchase life insurance for my parents if they live in a different state?

There are state regulated laws for burial insurance that will vary. It is best to ask your independent agent as they will guide you best! The beauty of modern technology today! You can live in California and your parents live in New Jersey. The type of life insurance requirements today are voice signed for instant approval or email signature instant approval.  For this reason, all you need is your phone in most cases!

  • Do I need my parent’s consent?

Can I purchase burial insurance for my parents without them knowing? For terms insurance purposes, life insurance on a parent without their consent is insurance fraud. Additionally, there also needs to be insurable interest. Therefore, there has to be some kind of financial loss on you when your parents pass away.

What factors decide the insurance premium?

How much is funeral life insurance?

There are a few factors that decide the monthly premium.

Age, health, (some high-risk health impairments may require a guaranteed issue policy), and if they are tobacco users.

Do they have Congestive heart failure, Perhaps chronic COPD, etc?

Can I Make The Payments For My Dads’ Burial Insurance

Absolutely. Your dad will be insured. You can be the payer. Many of our clients ask this question. 

Although some burial insurance laws might differ from state to state, you will want to ask this question to your agent.

For instance, Burial insurance in NY might have different guidelines or product limitations than say Florida.

How much is the average cost of a funeral for my Parents

So, what is the average cost of burial coverage today?

Traditionally the cost of a funeral in most states is anywhere between $8,000-$12,000. Burial/ funeral costs can add up.

What are the expected costs of coverage? Find out now, is paying for burial insurance worth it?!

With this in mind, here is a list of funeral expenses that are typically associated with a traditional service.

(Cremation would be less in cost and the cost of funeral costs will vary from state to state):

  • funeral home (ceremony)
  • casket
  • flowers
  • location
  • funeral directors fee
  • transportation (limousine, hearse)
  • gravesite
  • embalming etc…

Burial coverage is insurance to cover the financial stresses you will endure when your parents pass away.

When your parent dies, the life insurance companies will pay the beneficiary the death benefit.

Henceforth, this will help you pay for all their funeral expenses and or debt and medical bills as well.

Burial Insurance No health Questions For Parents

What is the best funeral life insurance for senior parents with high-risk conditions?

When it comes to our parents, and our beloved family members who have a chronic illnesses, there are life insurance companies that offer guaranteed issue policies.

They are not that much different from a traditional life insurance policy. 

With the exception that there are no health questions.

Minimum and maximum coverage amounts vary by carrier for ages 50 -85. 

The Truth About Funeral Insurance With No Waiting Period For Parents

Keep in mind, as long as you qualify for a level benefit best plan, these are simplified whole-life policies that are same-day coverage. Same-day coverage means it’s immediate.

What is Voice Signature?

Is the best thing since sliced bread when it comes to applying for your policy.

The entire process is done via the phone with you, your parent (must be present), your agent, and the carrier representative.

The carrier will obtain your information, and some health questions, and verify the information you provided to your agent.

The application process is approximately 10-15 minutes.

What is Email Signature?

If you and your parents live in two different states, the carrier will email you and your parents the application for signature.

Once you receive the email.

You will sign the application via DocuSign and receive immediate approval or denial.

It is literally a few clicks of your mouse.

Meanwhile, your agent will guide you if you have any questions during this process. 

Burial Insurance Guaranteed Acceptance For Parents

What is a guaranteed issue life insurance company?

In rare cases, if your parents do not qualify for simplified issued whole life due to high-risk health issues, there are always guaranteed acceptance life insurance policies.

Same Day Instant Approval No Health Questions!

Yes, that’s right, burial insurance no health questions asked!

Slightly higher premiums, but the insurance costs are nothing compared to funeral costs.

Is there a 2-year waiting period? YES.

Here is how it works.

The amount of coverage will remain level. If you die within the first 2 years of natural causes, every premium paid into the policy plus 10% will be paid to the beneficiary.

If you die from an accident within the first 2 years, the full death benefits are paid to the beneficiary.

After the 2-years are over, it does not matter if you die from natural causes or an accident.

Some people look at this as a financial loss with a 2-year waiting period, however, you must remember something is better than nothing.

It’s a simple conversation.

As an agent, I have an AIG guaranteed issue agent login to the agent portal, and the application is submitted in under 5 minutes!

Yes, funeral life insurance for parents in under 5 minutes!

I guess the question, “Can I buy life insurance for my parents has been answered!

What Type Of Final Expense Life Insurance Is Best For My Parents

How to buy burial insurance for parents?

First, you call!

The best answer to this is the best one they qualify with. will ask you some basic qualifying questions, and based on some medical history we can determine which carrier will be the best fit.

Meanwhile, we will shop you with multiple A+Rated Carriers in one phone call. 

Burial insurance with no waiting period doesn’t get any better than this!

Burial Insurance Quote For Parents

Final thoughts… How to buy life insurance for a parent.

We look forward to helping you secure and protect your loved ones today with coverage!

Burial insurance for parents is made easy with the Same Day Approval. Don’t put this off any longer!

Burial insurance cost is the cheapest as it will be Today!

If you are looking for burial insurance in California, burial insurance in Texas, or even burial insurance in Florida, We have you covered! is licensed in all 50 states!

The art of final expense insurance has come a long way. 

In a simple phone call with your computer, phone, and your independent agent.

You will have same-day instant approval in less than 30 minutes. 

Fast Quote Burial Insurance For Parents

How do I purchase life insurance for my parents today?

Go ahead and fill out the form to the right, and get a fast quote Now!

How To Put Life Insurance On My Parents

First, start off by talking with your parents today.

They do not want you to have any kind of financial stress.

Discuss their medical conditions and the medications they are currently taking.

As we have mentioned, you must have their permission to get life insurance on them.

Once you and your parents are on the same page, give us a call.

We will shop you for multiple life insurance companies listed above and more. No one can be denied coverage!

At the end of the day, you will all have that peace that everything will be ok.

Where Can I Get Life Insurance For My Parents

Free Information at a click of a button! Ask me how Now!

Call us today to find out how to buy life insurance for my parents with instant same-day approval!

We will shop you with multiple A+ top-rated life insurance companies instantly.

On behalf of my life and business partner, if you have any questions for us, call (855) 380-3300 ext. 2.

Ask for me, Lisamarie and I will schedule your phone appointment to discuss your options!

For more information on Elder Care, CLICK HERE.


What is burial insurance and how much do seniors need?

Burial insurance is a contract between you and a life insurance insurance company.

You pay the premium and, in exchange, upon your death, if your designated beneficiary has been named as the primary or contingent beneficiary under the terms of the policy, he or she will receive a benefit.

This benefit is the burial insurance death benefit.

During your lifetime, if you design your policy as such, you can later use this death benefit to pay for expenses such as a child’s college tuition or even a parent’s assisted living bill.

This allows you the opportunity to have a meaningful impact on their lives and relieve any financial worries they might have after you are gone.

The best life insurance for elderly parents?

There is no one-size-fits-all answer to this question.

In addition, the type of coverage an individual should purchase depends on their personal need and financial situation.

Some final expense insurance companies offer riders designed specifically for seniors such as guaranteed insurability and cash value accumulation.

To best answer this question, we should first determine if your parent has any immediate financial needs that require burial insurance coverage.

For instance, do they have a mortgage, children in school, or overwhelming medical bills?

Are they planning on retiring within the next 5-10 years and want to ensure their retirement income will be there should they live to see it?

If your parent does not have any immediate financial needs that require life insurance, you should consider the use of other investment vehicles available to fund their financial future.

For seniors who are in good health and desire security against mortality risk, unlike term life insurance, burial insurance or whole life policies provide a method of cash accumulation as well as death benefits.

They are more costly than term life insurance but have guaranteed insurability, cash value accumulation, and death benefits.

When should parents get life insurance?

Most financial advisors recommend purchasing life insurance when your income is dependent on theirs or you are financially responsible for their care in the event of disability.

Depending on your parent’s age, they may also qualify for a “companion rider” which allows you to obtain coverage at an advanced age and still have the same all-inclusive feature as regular life insurance.

Who needs burial insurance?

Many pre-retirees assume their children will take care of them if something should happen.

You can use burial insurance to insure your parents against the loss of their income as well as any financial needs you might have as a result of their departure.


Burial insurance is a must for parents. It’s not something you want to think about, but it’s definitely worth considering in advance of the need. These policies do not expire, unlike term life insurance.

If you have burial coverage and your child passes away unexpectedly, then this can help alleviate some of the financial stress that comes with the death of a loved one.

Even if you’re lucky enough that nothing happens during your lifetime when disaster strikes or tragedy hits – like losing an adult child- having peace because you’ve already purchased burial insurance for yourself and/or your children could be invaluable.

So call us today at 1-800-855-3300 or fill out the form to your right.