5 Tips About Buying Burial Insurance For Parents [Same Day Approval]


**Quick Tip: For Same day instant approval with A+ rated carriers, fill out the form on the right for instant quotes. 

Can I Take Out Funeral Insurance For My Parents

The two questions I get asked the most are:

  • Can I buy funeral insurance for my parents?
  • How to buy life insurance for my parents?

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

Our main goal is to provide you with the best funeral cover for parents. Furthermore, we will hold you by the hand and show you how to buy life insurance on a parent.

Buying Funeral Insurance 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 funeral 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 life insurance for your parents… The easiest and most affordable and with Same Day Approval is Final Expense… Let’s begin!

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

Take advantage 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 one’s 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 in 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 policy ( who will pay the premiums)
  • beneficiary name/names (date of birth)
  • amount of coverage desired

Is Life Insurance and Burial Insurance The Same

What is burial insurance?

Well, its life insurance. Yes, it is the same thing. Burial insurance is nothing more than a small simplified issue whole life policy.

These have all the same meaning:

  • Final expense insurance
  • burial insurance
  • funeral insurance

So with purchasing a burial insurance policy for your parents, it is usually a very simple process which 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 assure you will be covering your final expenses and they are one and the same.

Work With An Independent Insurance Agent

 **We have the ability to shop you to multiple carriers 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.

Insuranceforburial.com will walk you through the application processes and ask you some qualifying health questions.

We will help you understand the differences in buying life insurance (burial insurance). Some of our clients often ask us about 20-year, 30-year term policies. (We will touch 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? 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 insurance is not requiring a medical exam. This life insurance coverage (burial insurance) is long term. 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 insurance 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

Achieve Peace Of Mind

You finally took this task off your to-do list!  You have created a final expense life 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.  

Now go back to living your day to day life!

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 Burial Insurance Policy ~ SAME DAY INSTANT APPROVAL. Ask your independent agent about the terminal illness rider built into many of the burial insurance policies. Such as, Mutual of Omaha or Royal Neighbors of America.  

  • How do I get funeral 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 insurance?

Yes it is, burial insurance comes in a few names. The types of burial insurance 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.

  • 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 signature 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? 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 burden on you when your parents pass away.

What factors decide the insurance premium?

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.

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 by state, you will want to ask this question to your agent. For instance, Burial insurance NY might have different guidelines or product limitation than say Florida.

How much is the average cost of a funeral

So, what is the average cost of burial insurance today? Traditionally the cost of a funeral in most states is anywhere between $8,000-$12,000. Burial/ funeral expenses can add up.

With this in mind, here is a list of burial expenses that are typically associated with a traditional service. (Cremation would be less in cost and the cost of funeral expenses will vary from state to state):

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

Burial insurance coverage is insurance to cover the financial burden 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 expenses and or debt and medical bills as well.

Burial Insurance For Parents Over 50

Can I get a life insurance policy on my mom? Yes!  She is over 50, and still young. Health is still good? Then YES! Rates will 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!

Burial Insurance No health questions

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

When it comes to our parents, our beloved family members who have a chronic illness, there are 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 age 50 -85. 

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.

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 parent.

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

Term Life Policy For Your Parents Burial Expenses

Is this a good idea?

No!  Do not even bother! Here is why!

When term life insurance would be a good idea:

  • Car loan
  • Home mortgage

If any of these need to be protected than shopping for life insurance for parents over 60 might be a good idea as this may cover the cost.

Also, a term might be a good idea to cover estate taxes if need be. It’s important to also keep in mind, the 30-year term will not be available at this age. So if you need a larger face amount for longer periods of time as a senior, ask us about the GUL product.

However, as far as to term…..

Also with a term policy, when the term ends, your parents are older, their health status may have changed. Consequently, the life insurance cost is considerably higher.

You will be forced to consider a guaranteed issue life insurance policy with no health questions. With that, there is a two year waiting period if your health deteriorated.

These types of policies will cover accidental death from day one!

As a matter of fact, the life insurance cost may be slightly higher.

(Remember, something is better than nothing) ~ Do you have $8000 -$12,000 for funeral expenses?

Once you decide on the life insurance plan for your parents, we can then discuss the face amount and life insurance quotes.

It is imperative to purchase a burial policy for your parent today and not put it off.

In fact, as your parent’s age, the premium payment will increase.

Of course, we tend to think we have all the time in the world. This simply is untrue.

Our good health today could change tomorrow, a slip and fall, a high-risk heart diagnosis. This can all result in a major financial loss on every level.

Final expense life insurance no exam is a no brainer!  

Burial Insurance For Parents Over 70

Again, final expense insurance is ideal for people over age 70.

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

Who has the best burial insurance?

Although there are dozens of burial insurance carriers to qualify with and choose from, here is just a sample who offer INSTANT SAME DAY APPROVAL via VOICE SIGNATURE AND EMAIL SIGNATURE…

  • Royal Neighbors
  • Liberty Bankers
  • Prosperity
  • Mutual of Omaha

Life Insurance Quotes For Parents

How Much Does Burial Insurance Cost?

The average cost for burial insurance is going to be based on your profile. 

There are quite a few factors: 

  • Age
  • Medical history
  • Current Medications, etc.
  • Medical conditions/surgeries 

Below are sample quotes for a healthy 60-year-old female, non-smoker. The face amount of $15,000. Level benefits. 

can i buy burial insurance for my mom

Burial And Funeral Insurance

What’s the difference?

This is a question that is asked often. I will try to answer it as best as I can.

NOTHING!!! They are exactly the same. You see life or burial insurance carriers like to dress up these policies to make them more popular to seniors.

So for marketing purposes, they use these names:

  • Burial Insurance
  • Funeral Insurance
  • Final Expense Insurance

Again, these are all the same!!! Just a small whole life policy!!

What is Voice Signature?

Voice signature is the best thing since sliced bread!

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

The carrier will obtain your information, some health questions, 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 Docu-Sign 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

In rare cases, if your parents do not qualify for simplified issue whole life due to high-risk health issues, there is always the 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.

It’s a simple conversation. As an agent, I have AIG guaranteed issue agent login to the agent portal, and application is submitted in under 5 minutes!

Yes, funeral insurance for parents in under 5 minutes!

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

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

How to buy burial insurance for parents?

First, you call Insuranceforburial.com!

The best answer to this is the best one they qualify with. Insuranceforburial.com 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 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…

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!

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

Funeral insurance for your parents made easy with Same Day Approval. Don’t put this off any longer!

If you are looking for burial insurance in California, burial insurance in Texas or even burial insurance in Florida, We have you covered! Insuranceforburial.com is licensed in 49 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. 

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