The state of Mississippi is located in the southeastern part of the country. The state has over three million people, and the average life expectancy is 75 years.
When planning for death, most people overlook the importance of having burial insurance. This type of insurance helps to cover the costs of your funeral and other end-of-life expenses.
If you’re a resident of Mississippi, you may wonder if there are any affordable burial insurance options available. The good news is that several companies offer this type of coverage in the state.
In this article, we’ll provide information on some of Mississippi’s best burial insurance policies. We’ll also offer tips on getting the most affordable coverage possible.
Table of contents
- What is Burial Insurance In Mississippi?
- How Does Burial Insurance In Mississippi Work?
- Who needs Burial Insurance In Mississippi?
- What Are The Benefits Of Burial Insurance In Mississippi?
- What Does Burial Insurance in Mississippi Cover?
- The Mississippi Free Look Period
- Mississippi Life Expectancy
- Leading Causes Of Death In Mississippi
- What Is The Mississippi Burial Insurance Application Process?
- Mississippi Life Insurance Companies
- Finding the Best Mississippi Burial Insurance
What is Burial Insurance In Mississippi?
Burial insurance In Mississippi is a type of insurance that pays for the costs of your burial and funeral expenses. It can also help you and your family cover the costs of a funeral, which can be very expensive. Burial insurance is not required by law in Mississippi, but it can be a good idea to ensure your funeral expenses are covered.
Two types of burial insurance are pre-need and final expense insurance. Pre-need insurance is purchased in advance and typically covers the costs of your funeral and burial. Final expense insurance is purchased after you die and typically covers the costs of your funeral, burial, and other expenses, such as travel and legal fees.
Burial insurance can be an excellent way to help your family cover the costs of your funeral and other expenses. If considering buying burial insurance, shop around and compare policies to find the best fit.
How Does Burial Insurance In Mississippi Work?
Burial insurance in Mississippi works like any other type of life insurance policy. You pay an insurance premium every month or year, which goes into an account that can be accessed when needed. When you die, depending on what type of policy you have chosen, the funds will cover burial costs or other expenses related to your death and estate settlement process (such as probate fees).
Mississippi. In addition to its affordable rates and guaranteed benefits, burial insurance offers the following features:
- Increasing rates are never an issue
- Blood tests and medical examinations are not required
- Life insurance with this type of approval process is very fast in comparison to other types
- In general, coverage amounts range from $2,500 to $35,000
The burial insurance policy remains in force as long as the premiums have been paid on time.
Who needs Burial Insurance In Mississippi?
Everyone should consider burial insurance, especially if they have a family. Even if you’re single, getting this coverage is still a good idea.
If you have young children or grandchildren, you may consider purchasing a policy for yourself and naming them as beneficiaries. This way, your family members won’t have to worry about paying for your funeral costs.
What Are The Benefits Of Burial Insurance In Mississippi?
Burial insurance has many benefits, especially if you live in Mississippi.
Cover Final Expense:
It can be an excellent relief for your family not to have to worry about how to cover your funeral costs or any other final expenses after your death. This is one of the most important benefits of life insurance.
Guaranteed Payments cannot rise:
The guaranteed payments are set in stone and cannot be changed or increased by the insurer at any time. It means you do not need to worry about any additional premium increases or future policy problems.
No Medical Exam:
The low cost of burial insurance makes it an excellent option for people who may be unable to qualify for other types of life insurance due to preexisting health conditions. It is also a perfect option for people with preexisting conditions.
Provide Peace Of Mind:
With burial insurance, the burden isn’t on your loved ones to pay for your funeral — it is covered under your policy. It can help relieve some stress for grieving family members and give them one less thing to worry about during an already stressful time.
The policy never expires:
With life insurance, you must renew the policy annually, or it will expire and no longer be valid. A burial policy doesn’t expire; once you purchase it, the coverage remains in effect until death or until you cancel it.
Easy to qualify:
Most burial insurance policies require little or no medical exam before approval. There are age requirements for different types of policies, but other than that, any person can apply.
Burial insurance is an affordable way to help your loved ones cover the costs of your funeral and other expenses after you die. If considering buying burial insurance, shop around and compare policies to find the best fit.
What Does Burial Insurance in Mississippi Cover?
There are several costs associated with funerals that are typically covered by burial insurance, including:
- A casket’s cost
- Funeral service costs
- Cost of a burial plot
- Headstones and grave markers cost
- And more
Some policies, such as: may also cover additional expenses
- Outstanding debts
- Out-of-state family travel expenses
The Mississippi Free Look Period
Mississippi has a ten-day free look period. It is up to your insurance company to inform you of the exact free look period, but it is best to stay within the ten-day period. Your insurer can tell you what the free look period is.
This time frame allows you to reject or cancel the insurance contract for any reason. You will receive a full refund if you choose to cancel the policy. If you have made any payments, the insurance company must reimburse you if you decide to cancel.
Mississippi Life Expectancy
In Mississippi, the average life expectancy is 75 years old, so if you are getting older, you should be looking into higher life insurance rates, which makes it essential to obtain life insurance at an established insurance agency like ours.
Older people are more likely to be high-risk cases since they are more likely to die. You can also not qualify for term life insurance when you are older because it is more difficult to qualify. Therefore, whole life insurance is your best option.
As long as you pay your premiums, your rate will remain the same once you’re approved for coverage. To get a life insurance quote, choose a plan, and our agents will enroll you. We are an online insurance marketplace, so everything will be done online.
Leading Causes Of Death In Mississippi
- Heart Disease
- Alzheimer’s Disease
- Chronic Lower Respiratory Diseases
- Kidney Disease
What Is The Mississippi Burial Insurance Application Process?
The first thing you need to know is how much coverage you need. Burial Insurance (Final Expense Life Insurance policy) can cost anywhere from $2,500 to $35,000.
You must complete the application to determine what coverage you need. The application will ask for basic information like your name, address, date of birth, and social security number. The agent will provide input. You will be asked about your medical history, including whether you smoke or take medications.
Once you and your agent have completed your application, you will submit it to the insurance carrier. The insurance carrier will underwrite it within two to five business days and determine if it is approved.
You don’t need a medical examination to qualify for Burial Insurance (Final Expense Life Insurance). A few short health questions usually cover your health history for the past three to five years and do not require blood or urine samples; an EKG is not traditionally needed either.
It may be helpful to shorten the application process for those who had a stroke six or seven years ago or fought a battle with cancer ten years ago.
Mississippi Life Insurance Companies
It is critical to determine which burial insurance company is best for you when deciding on the right burial insurance company.
We don’t just offer all clients a guaranteed issue policy with a waiting period and send them on their way. We consider each individual’s unique needs and health profile and match you with the right company and rate. Your family’s goals, your health conditions, and your age all have an impact on which plan is best for you. Our highly qualified agents will spend the necessary time identifying your needs and qualifying you for the most appropriate policy.
Mississippi’s Top A-rated Burial Insurance Companies:
- Greek Catholic Union
- Mutual of Omaha
- Liberty Bankers Life
- American Amicable
- Royal Neighbors of America
- Great Western
- Guarantee Trust Life
- Prosperity Life
By completing our quote form, you can also see a quote for burial insurance in Mississippi. The companies listed below offer the best burial insurance without a waiting period.
Our company does not work with or recommend Lincoln Heritage or State Farm Final Expense for various reasons.
Finding the Best Mississippi Burial Insurance
You can decide whether you want to go to twenty different insurance companies on your own and get quotes from them, and then you can decide which one is the most affordable based on your research.
But wait: When you call a company, the customer service representative will only provide you with the contact information of one of their agents so you can receive a single quote. Insurance companies cannot directly sell their competitive products to consumers. They only sell them through insurance agencies.
It could take hours to call each insurance company and wait for an agent to return your call with a quote, as you will spend hours on the phone. Or
A free independent insurance agency like lnsuranceForBurial.com provides quotes from multiple companies for you. They will compare all their quotes for you. It will take a few minutes for them to provide all the quotes to you so that you can compare prices.
Is there a better option for you?
Because we represent so many companies, we guarantee that our clients get a competitive rate. They appreciate that we do all the heavy lifting for them, saving them time and money.
You can also work with any burial insurance company with free access to many final expense agencies, regardless of whether you decide to use InsuranceForBurial.com.
Why Choose us?
There’s a reason you found us because we are different. Below are the three biggest reasons we believe we are a better choice for how to find the right burial insurance policy.
- We specialize in burial insurance and nothing else. You can rest assured that we are true experts in this field. When you speak with us, you can feel completely sure that we are serious about this product and nothing else.
- As independent agents, we can pick from various burial insurance companies. This freedom allows us to provide you with the most suitable possible plan for your needs.
- Our primary objective is to help you and your family do what is best for you and your family. We have no preference for any insurance company we represent.
When you are ready to start looking for affordable burial insurance in Michigan, contact InsuranceForBurial.com. We will help you find the most suitable policy at a price that works for you. Our services are accessible to you, and we only get paid by the insurance companies if you decide to purchase one of their policies.
There is no risk or obligation on your part. So, please do not hesitate to reach out to us today!