#1 Best Final Expense Life Insurance For Seniors From Coach B. Insurance

final expense life insurance for seniors

Here at Coach B, we will provide you with the best final expense life insurance for seniors. To help cover things like funeral service and healthcare bill expenses. It is good to know that there is a type of life insurance covering these financial burdens for seniors. 

Moreover, the monthly premium paid during the policy will provide more than what your beneficiaries will receive by the time they need to make a claim. With a final expense life insurance for seniors plan, you can have peace of mind knowing that they are covered and leave their family without financial burden. 

Discover the Importance of Final Expense Life Insurance For Seniors

Some call it burial insurance. It is to help the family of a deceased senior to pay for funeral expenses. The beneficiary will receive the death benefit by the time the insured passes away. Oftentimes, if without any insurance, family, and friends of the deceased are forced to get money out of their pocket to pay for funeral bills and other expenses. Getting this type of insurance will save your loved ones from this burden. 

A Unique Feature From  Final Expense Life Insurance:

  • It does not require an applicant to go through a medical examination
  • The insurer issues it usually within 48 hours
  • The amount of the coverage can range from $2,500 up to $100k
  • The monthly premium will never increase
  • The payout can be used for other purposes aside from funeral expenses

 

What Are The Requirements?

 

Preliminary Questions

The following are questions that can determine if you can qualify for the final expense life insurance for seniors. In case you answer yes to at least one of these questions, then you might be eligible for one.

  • Is the applicant currently admitted to a hospital?
  • Is the applicant more than 89 years of age?
  • Is the applicant currently staying at a nursing home?
  • Is the applicant currently under hospice care?
  • Is the applicant has been advised by the doctor that he or she has only a year to live?
  • Is the applicant been diagnosed with a mental illness like dementia or Alzheimer’s disease?
  • Is the applicant been diagnosed with HIV or AIDS?

 

How Can Coach B. Life Insurance Help You?

  • Pricing- agents will work hard to get you the best coverage with rates that is favorable to you
  • Experience- agents working at Coach have years of experience and expertise to handle any case
  • Knowledge- gents will be able to answer all your inquiries and deal with the insurer on your behalf
  • Speed- we can usually get you your policy within 48 hours

Common Question When It Comes To Final Expense And Burial Life Insurance

Why Do I Need To Apply For Final Expense Coverage?

Every year funeral expenses are getting higher, and you do not know when you will need one. Final expense coverage is a huge help to your family in case you pass away. Aside from the funeral cost, it can also aid in providing additional funds for your last days. It is in case you need to be hospitalized or take medicines. Also, your beneficiaries can use the funds for whatever purpose they choose.

What Does Burial And Final Expense Life Insurance Really Mean?

As its name implies, it is for people to become worry-free and debt-free at the time of their passing. This coverage can ensure that you will get the decent funeral service and healthcare you need during your last days. Also, it is a good feeling to leave your loved ones, knowing that they are secured.

What Does It Cover?

The good thing about applying for one is that it is no medical exam life insurance that you can get right away. It does not matter what your health condition is. The insurer will not know. However, take note of the following questions above that makes you not eligible. The main purpose of buying burial insurance is to assist your loved one with financial obligations after passing. It will help them recover from your death, knowing that they are secured.

Who Can Benefit From Final Expense Coverage?

It is available for both men and women in the range of 50 to 85 years of age. If you are between this age bracket and looking for coverage that will cater for your funeral expenses and other final life expenses, then this is for you. The benefits that one can get from the coverage can also be used according to the beneficiaries’ needs.

Insurance Companies With The Best Final Expense Plans

When it comes to the best final expense plan, it is good to look for an insurer that can offer affordable rates with good coverage. Almost all insurers based their premium on the result of the underwriting process. The best way to get the best deal is to work hand in hand with an independent insurance agency like Coach B. Insurance. They are not working for a particular insurance provider. Coach B. is associated with different reputable insurance companies. They can search and look for policies that best fit you in terms of needs and budget. Companies like Mutual of Omaha, Assurity, Americo, SBLI, AIG, Fidelity Life.

Can Final Expense Offer A Good Deal?

It is always a good deal depending on the rates and coverage that you will get, so it is a wise decision to talk to agents from Coach B. Insurance they have a long list of insurers that can offer fixed premium rates that will not increase and can offer you the best coverage you can get. You can reach them anytime at 1- 800-342-1537.

Meet the team

About Coach B.

After starting his financial career with Phoenix Home Life Insurance Company back in 1992, Scott decided he wanted to provide people with an easier and more enjoyable way to buy life insurance. That was the start of Coach B. Life Insurance, whose mission is to be transparent, honest, and helpful to customers — without ever bugging or pushing them.

In the years since then, he has worked tirelessly to improve the process of shopping for insurance. His goal is to make sure that everyone who comes to Coach B. — whether they end up buying a policy or not — has the best possible experience.

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