Burial Insurance for Seniors Over 60
Jason Stolz CLTC, CRPC
Burial insurance for seniors over 60 provides an affordable, permanent way to ensure your loved ones aren’t left with funeral costs, medical bills, or lingering debts. Even if you’re in your early, mid, or late 60s, you can still qualify for coverage—often without a medical exam. These plans are simple, predictable, and designed to offer peace of mind as you approach retirement.
At Diversified Insurance Brokers, we compare burial and final expense plans from multiple top carriers so you can find a policy that fits your budget and health profile. Whether you’re healthy, have controlled conditions, or have been declined in the past, we help you secure the best available option.
Compare Burial Insurance Rates Instantly
Use the final expense calculator below to compare prices from multiple carriers in real time.
What Is Burial Insurance for Seniors Over 60?
Burial insurance—also known as final expense insurance—is a small whole life policy typically ranging from $5,000 to $40,000. It is designed to cover:
- Funeral and burial or cremation costs
- Final medical bills
- Small debts or credit balances
- Outstanding personal expenses left to family
The death benefit is generally paid tax-free, and because these policies are permanent, they last for your entire life with premiums that never increase.
Can You Still Get Burial Insurance After Age 60?
Absolutely. In fact, your early 60s are one of the best times to purchase burial insurance because:
- Premiums are significantly lower than in your 70s
- You are more likely to qualify for immediate full coverage
- Most health conditions are still manageable or controlled
- You lock in a rate before new health issues develop
Many insurers offer some of their best final expense pricing for ages 60–65. Even if you’re 68 or 69, there are still strong options—especially for applicants with pre-existing conditions.
Types of Burial Insurance for People in Their 60s
1. Level Benefit Burial Insurance
Pays the full death benefit immediately for natural or accidental death. Seniors in their 60s often qualify for this even with manageable conditions like:
- High blood pressure
- Type 2 diabetes (even with higher A1C in some cases)
- Cholesterol issues
- Past tobacco use
This is usually the most affordable and preferred option.
2. Graded or Modified Benefit Plans
For seniors with more complex medical histories, graded plans provide partial coverage in years one and two, then full coverage afterward (immediately for accidental death). These plans help people avoid declines and still protect their families.
3. Guaranteed Issue Coverage
No health questions and no exam. These plans are ideal for seniors who have had multiple declines or serious medical conditions. Most include a two-year waiting period for natural causes, but they still guarantee acceptance.
How Much Burial Insurance Do Seniors Over 60 Need?
Most seniors purchase between $10,000 and $25,000 of coverage. Others choose up to $40,000 or more if they want coverage for funeral costs plus debts or legacy funds.
Start by estimating your final expenses, then consider whether you want to leave extra funds to children or grandchildren. Seniors in their 60s often coordinate burial insurance with their existing life insurance policies to ensure full protection.
Burial Insurance Rates for Seniors Over 60
Your premiums depend on age, gender, tobacco status, and health history. Because final expense policies are simplified-issue whole life insurance, the underwriting is predictable and consistent across carriers. The biggest advantage of applying in your 60s is securing lower premiums before entering higher-risk age brackets.
Burial Insurance Calculator
Use the instant quote tool below to compare final expense policies designed specifically for seniors over 60.
Burial Insurance vs. Self-Funding Final Expenses
While some seniors plan to rely on savings, burial insurance still offers important advantages:
- Payouts are immediate and bypass probate
- Funds cannot be reduced by market volatility
- Your family receives a dedicated tax-free benefit
- You avoid draining retirement accounts for funeral costs
For many seniors, combining a small burial policy with retirement savings offers a balanced, reliable strategy.
How Diversified Insurance Brokers Helps Seniors Over 60
As an independent, family-owned insurance agency, we help you:
- Find the most affordable rates for your age and health profile
- Compare plans that offer day-one full coverage
- Avoid high-priced guaranteed issue policies if unnecessary
- Coordinate burial insurance with any existing life insurance you own
Whether you want a small policy to cover basic services or a larger plan for broader final expenses, we guide you through the entire process with clarity and transparency.
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FAQs: Burial Insurance for Seniors Over 60
Can seniors over 60 still get affordable burial insurance?
Yes. Premiums are lower in your early 60s, and many applicants qualify for full day-one coverage. Rates rise gradually with age, which is why applying sooner offers long-term savings.
Is a medical exam required for burial insurance?
No. Most burial insurance plans for seniors over 60 are simplified issue—meaning no medical exam, just basic health questions. Guaranteed issue options require no health questions at all.
How much burial insurance should someone in their 60s purchase?
Many seniors choose between $10,000 and $25,000. The right amount depends on funeral costs in your area, remaining debts, and whether you want to leave extra funds to family.
Can seniors over 60 get day-one full coverage?
Yes—many people in their 60s qualify for immediate full coverage. Only applicants with serious or recent health issues may require a graded or guaranteed issue policy with a waiting period.
What health conditions affect burial insurance rates?
Conditions like diabetes, high blood pressure, high cholesterol, or past tobacco use can influence pricing, but many carriers offer competitive options for these profiles.
Does burial insurance expire?
No. Burial insurance is a whole life policy with premiums that never increase and coverage that never expires as long as payments are made.
Will the benefit go directly to my family?
Yes. Burial insurance pays the benefit directly to your beneficiary, bypassing probate and ensuring fast access to funds when needed most.
About the Author:
Jason Stolz, CLTC, CRPC, is a senior insurance and retirement professional with more than two decades of real-world experience helping individuals, families, and business owners protect their income, assets, and long-term financial stability. As a long-time partner of the nationally licensed independent agency Diversified Insurance Brokers, Jason provides trusted guidance across multiple specialties—including fixed and indexed annuities, long-term care planning, personal and business disability insurance, life insurance solutions, and short-term health coverage. Diversified Insurance Brokers maintains active contracts with over 100 highly rated insurance carriers, ensuring clients have access to a broad and competitive marketplace.
His practical, education-first approach has earned recognition in publications such as VoyageATL, highlighting his commitment to financial clarity and client-focused planning. Drawing on deep product knowledge and years of hands-on field experience, Jason helps clients evaluate carriers, compare strategies, and build retirement and protection plans that are both secure and cost-efficient.
