Burial Insurance for Parents Over 70
Request a Burial Insurance Quote for Parents Over 70
We compare 100+ carriers to find affordable final expense coverage tailored to seniors in their seventies—even with health conditions.
Are you exploring burial insurance for parents over 70? You’re not alone. Funeral and final expenses can run $10,000–$15,000 or more, and families often prefer a small, permanent policy that locks in premiums and pays out quickly. At Diversified Insurance Brokers, we specialize in final expense whole life for seniors in their seventies, matching your parent’s health profile and budget to the most suitable carriers.
Can Seniors Over 70 Qualify for Burial Insurance?
Burial insurance for parents over 70 with fast, simplified approvals
Yes. Many insurers welcome applicants well into their seventies. Most policies are simplified issue (no exam, health questions only) or guaranteed issue (no health questions at all). The right fit depends on medications, diagnoses, and recent health events:
- Level benefit policies: Immediate full coverage for eligible health profiles; premiums remain fixed for life.
- Graded benefit policies: Limited payout for natural causes during the first 2–3 years, then full benefit thereafter (accidental death often covered immediately).
- Guaranteed issue policies: Approval regardless of health; best when conditions make underwriting difficult.
Why Consider Burial Insurance for Parents Over 70?
Final expense protection with predictable lifetime premiums
- Final expense coverage: Helps pay funeral, cremation, and last medical bills so families aren’t surprised by costs.
- No medical exam required: Most applications finish in minutes; decisions can be same day to a few days.
- Flexible coverage amounts: Typical face amounts range from $5,000 to $25,000 (sometimes higher if qualified).
- Lifetime protection: As long as premiums are paid, coverage does not expire.
How Much Does Burial Insurance Cost in Your 70s?
Premiums for burial insurance in the seventies by health and state
Pricing is influenced by age, state, nicotine use, medications, and whether the plan is level, graded, or guaranteed issue. To get a feel for options before you apply, use our burial insurance calculator tool and then compare carrier options from our burial insurance services. If income is tight, review strategies in our guide on affordable burial insurance for low-income seniors.
Burial Insurance Calculator
Run instant quotes for burial insurance for seniors over 70:
Common Health Situations at Age 70–79
Burial insurance underwriting for diabetes, heart history, and mobility limits
Insurers weigh chronic conditions differently. Some are friendlier to insulin-dependent diabetes; others are flexible with cardiac history or COPD. If your parent’s health includes multiple medications, a recent hospitalization, or limited activities of daily living, we may start with a graded or guaranteed issue design now and revisit simplified-issue later. For unique situations, see our guide to burial insurance for disabled adults.
How to Buy Burial Insurance for Parents Over 70
Simple steps to secure final expense coverage without stress
- Share goals and budget: We right-size the benefit (often $10,000–$15,000) to match expected costs.
- Pre-screen gently: We identify carriers aligned with your parent’s conditions and medications to avoid declines.
- Apply online or by phone: Most applications are quick e-forms with instant or near-instant decisions.
- Set up payer/owner: Adult children can be payer and/or owner with consent to keep premiums current.
Realistic Examples for Families with Parents in Their 70s
Final expense coverage scenarios and budget trade-offs
- Age 72, controlled diabetes: Simplified-issue level benefit for $12,000 with immediate coverage and a modest, fixed premium.
- Age 75, multiple meds + recent hospital stay: Graded plan at $15,000 to start; revisit for level benefits after seasoning.
- Age 78, significant health issues: Guaranteed-issue $10,000 policy (graded for first 2–3 years) to ensure coverage is in place.
Common Mistakes to Avoid at Ages 70–79
Avoid overspending and coverage gaps when buying in your seventies
- Waiting too long: Premiums rise with age; applying sooner preserves affordability and access.
- Buying too much: Over-insuring strains monthly budgets; target essential costs first.
- Ignoring graded terms: Understand the first-year and second-year payout rules on guaranteed-issue plans.
- Skipping multiple quotes: Carriers vary widely—our team shops 100+ options for you.
Helpful resources
FAQs: Burial Insurance for Parents Over 70
Is burial insurance worth it for parents over 70?
Yes—small, permanent policies can remove financial pressure from families and lock in lifetime premiums at today’s rates.
Can my parent qualify with health issues in their seventies?
Often, yes. Simplified-issue policies accept many common conditions; guaranteed-issue is available when underwriting is tough.
How much coverage do most families choose?
Typical face amounts range from $5,000 to $25,000. Many families target $10,000–$15,000 to cover core funeral costs.
Do premiums increase as my parent ages?
No. Final expense whole life features level premiums and lifetime coverage as long as payments stay current.
What’s a graded death benefit and when does it apply?
Guaranteed-issue plans limit natural-cause payouts in the first 2–3 years (often return of premium plus interest). After that, the full benefit pays.
Can I be owner or payer for my parent’s policy?
Yes. With your parent’s consent, an adult child can be owner and/or payer to keep premiums on track and beneficiaries up to date.
Get a Burial Insurance Quote for Parents Over 70
Compare level, graded, and guaranteed-issue designs from leading carriers and choose a benefit that fits your budget.
