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Why John Hancock Burial Insurance Could Be a Big a Mistake at 72 Years Old

John Hancock Burial Insurance 72

Final Expense, or Burial Insurance may be weighing heavily on your you at age 72 if you haven’t already purchased a policy. This is completely understandable. You may worry about the burden of crazy burial and/or cremation costs that your family will have to deal with. You probably see advertisements from companies like John Hancock and others regarding burial insurance at 72.

You know that at 72, you should have included funeral insurance into your overall financial plan. Does that mean that should you should just pick up the phone and call John Hancock or Colonial Penn? NO!

Here is the Deal… John Hancock Burial Insurance Represents Themselves.

Let’s take a non-smoking female who is 72 years old and wants to get a $10,000 policy.  She will pay $108.55 for that $10,000 in coverage with a John Hancock Final Expense Insurance policy. Guess how much our company, Insurance for Final Expense, can offer that same 72 year old woman will spend for a $10,00 Burial Insurance Policy?  Take a guess. We can offer as low as $49.00 low as per month and qualify for as much as $10,000. That’s a monthly saving of  (Note: this quote was assessed on 1/21/2020. Rates may change) Please take a moment and check it out yourself with our online quote.

At Insurance for Final Expense, we work with multiple instant approval carriers. When picking the same day approval life insurance company, you want to make sure it is a guaranteed death benefit that will cover your funeral expense whether you are healthy or have a chronic illness.

Let’s Talk About Oscar Swahn, who at 72 was not only the oldest Olympian ever, but also the oldest medalist.

Oscar was what some would consider a bit of a late bloomer. Oscar was a Swedish shooter, who won the Gold medal in 1912 at 64. He went on to compete in two more Olympics, winning silver at the 1920 Olympics. 

Like they say, age is just a number. Swahn is truly an inspiration and his life achievements prove that it’s never too late to accomplish one’s dreams. There are so many amazing seniors in this country.

At insurance for Final Expense, it’s our goal to treat all of our client with the dignity and respect they deserve. It is part of our core mission to do just that. Unlike many other companies who take advantage of seniors, putting them into unaffordable and sometimes useless burial insurance policies, we are going to get you the best rates with only one of the most trusted carriers.

All of the burial insurance companies we work with offer same day approval insurance that typically requires no exam and no credit score check, resulting in approval in minutes. We are also able to offer this same day full life insurance with NO 2 YEAR WAITING PERIOD.

John Hancock Final only represents one life insurance carrier… John Hancock Final Expense Insurance.

Let’s Look at Some Sample Life Insurance Rates for 72 Year Olds when You Work with Insurance for Final Expense:

GENDER/RATING$5,000 $10,000 $15,000 $20,000
Non Tobacco Female$31.00 $60.00 $88.00 $117.00
Female Tobacco$38.46 $74.71 $110.97 $147.22
Non Tobacco Male $43.00 $82.00 $122.00 $162.00
Male Tobacco$55.53 $108.86 $162.18 $215.51

*Please note that these are estimates, taken at the time of this article’s publishing.

What is Burial Insurance Exactly?

Burial insurance is simply a form of life insurance. It’s just a specialized type that happens to be in a class of its own because of its own distinctive aspects.

Burial insurance has no technical definition that is defined by any regulatory body. But the senior market for years now has largely accepted that burial refers to a specific type of life insurance policy.

Burial Insurance is widely understood as being a small face value whole life policy with very laid-back underwriting.

Getting The Best Rates For Final Expense Insurance

The most important thing to consider when purchasing burial insurance coverage is to get your plan from an independent agency that specializes in final expense. While buying from a company Like John Hancock, remember they are only selling their product. We have amazing relationships with multiple carriers, which means that we are able to offer you the most competitive can offer you competition. You aren’t locked into ONE company and their predetermined rates.

As an independent final expense agency, we are able to represent any insurance company we want. This allows us to source the absolute best of the best. Same coverage, much better rates. While they may not run ads on TV like John Hancock and others, they then pass those savings in advertising to YOU!

And we at Insurance for Final Expense work with all carriers, but we prefer the ones who pass the savings onto our customers. Some of our favorite carriers are companies like AIG, Mutual of Omaha, Sentinel Security Life, Prosperity Life Group, Great Western, Liberty Bankers and more…

Just Think About How We Shop These Days, Especially Online.

Let’s say you are looking for a Gucci Ophidia Medium GG Supreme Canvas Web Top-Handle Tote Bag. You probably are going to do your research as this is a very expensive bag. You see that Neiman Marcus is charging $2,150. Saks 5th Avenue has it listed for the same price. Yikes! Must be some handbag!

Upon further searching, you see that a site Modsens, a fashion shopping assistant website allows you to view a product’s availability, price, color options, styling information and more from hundreds of stores. They offer a prices from multiple stores ranging from $1790 – $2150. You may even want to consider a site like Poshmark, where you could get a gently used or in many cases new with tags for as low as $1900.

The point is that you have options. You should feel the same way when purchasing Burial Insurance. You don’t have to go with Colonial Penn or John Hancock. They are the Sak’s 5th Avenue of the insurance industry.

We at Insurance for Final Expense deliver the best in comparison shopping for Final Expense Insurance. When you work with an independent final expense agency, we compare all of the prices from all of the different companies. Then we simply guide you towards which one offers you the best value.

But, When you Work With a Non Independent Agency, Like John Hancock or Colonial Penn, They Have no Options.

They have just one insurance company to choose from. That means that you are getting into a situation where there is zero competition. Keep in mind, when multiple companies compete for YOUR business, you always win.

If you need help with final expense insurance, it would be our honor to assist you. Please call us at 1-800-400-8319. If you would rather that we call you, just fill out the quote form on this page and a licensed agent will be in touch with you promptly.

Gary P. Cubeta
1-800-400-8319
Insuranceforfinalexpense.com
(Serving Americans In All 50 States)