Usually a low benefit life insurance policy like a $15,000 one, is used to cover final expenses like funeral and burial.
When searching for a life insurance policy to cover funeral costs, there are a few factors to consider. To start, decide on the coverage amount. In this case, a $15,000 policy should suffice for your funeral expenses. However, it may be wise to look into getting more coverage if you have other debts or expenses to take care of.
Premiums should also be taken into account. Be sure to pick a policy you can comfortably afford and that won't strain your finances. There are various types of life insurance policies, such as term, whole, and burial insurance, so research each one and decide which one is best for you.
Some policies may require medical underwriting, which involves answering health-related questions or taking a medical exam. This could affect the cost and chances of approval. Make sure to choose a reputable insurance company with a solid financial rating and good customer reviews.
You may also want to consider buying riders for your policy, such as accidental death or dismemberment coverage, for extra protection. Last but not least, remember to designate a beneficiary for your policy, as this person or entity will receive the death benefit in the event of your passing. Be sure to update your beneficiary designation if your circumstances change.
"Don't let your family suffer financially - get life insurance now!"
Life insurance coverage provides peace of mind and ensures the well-being of your loved ones. It can be a great way to show you care and protect your family's future. Take the initiative and get life insurance coverage today - it could make all the difference for your family's financial security.
Compare Your Rates on a $15,000 Policy!
|AGE / Gender||$15,000|
|70 Year Old Man||$94.78|
|71 Year Old Male||$100.83|
|72 Year Old Man||$106.77|
|73 Year Old Male||$113.08|
|74 Year Old Man||$120.61|
|75 Year Old Male||$129.39|
|76 Year Old Man||$139.93|
|77 Year Old Male||$148.28|
|78 Year Old Man||$155.81|
|78 Year Old Male||$164.09|
Get Your Own $15K Life Insurance Rates!
The monthly premium quotes below are for a female who is in fair health and is a non-smoker.
|AGE / Gender||$15,000|
|70 Year Old Wonan||$68.21|
|71 Year Old Female||$71.96|
|72 Year Old Wonan||$76.35|
|73 Year Old Female||$81.09|
|74 Year Old Wonan||$86.33|
|75 Year Old Female||$92.44|
|76 Year Old Wonan||$99.42|
|77 Year Old Female||$107.04|
|78 Year Old Wonan||$114.97|
|78 Year Old Female||$121.53|
To lower your quoted rates, all you have to do is implement a few lifestyle choices.