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Gerber Life’s Guaranteed Life Insurance is ideal for seniors aged 50 and older who want guaranteed acceptance without medical exams or health questions. Coverage amounts range from $5,000 to ...
Casket: Perhaps the largest end-of-life expense, caskets typically cost between $2,000 and $10,000, while burial vaults cost an average of $1,695. Funeral costs add up quickly.
Seniors who want to pay for their funeral Past a certain age, it becomes more difficult for seniors to purchase life insurance , especially those with health complications.
Colonial Penn, which began as an insurance provider through AARP focused on people over 65, [1] now has a marketing campaign that is aimed at people between the age of 50 and 85, specializing in “guaranteed acceptance whole life insurance“ and to help their families cover funeral costs after the individual dies. The company's name comes ...
Here are a few common things life insurance covers: Funeral and burial costs ... Designed primarily for seniors, final expense policies cover burial and funeral costs. They typically offer lower ...
According to the National Funeral Directors Association, the average cost of a funeral ranges from $6,280 to $8,300 as of 2023. Life insurance could provide your family with financial security and ...
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