78, Burial Insurance? At 78 years old, you have certainly earned your stripes in life. This writer, Tara of Final Expense Insurance, has a great Dad who is 78 years old. He is a Vietnam Vet, a proud grandfather (and hopefully a proud father 😊). He is in incredible health and we don’t expect to see him go anytime soon. But he still doesn’t have Burial Insurance at age 78.
That being said, he is giving it serious consideration. It’s hard to imagine in about a year and a half, he will be 80! It seems like yesterday, we celebrating “Gaga’s” (what the grandkids call him) 70th Birthday.
How Time Flies…
In my mind, as his youngest child and only daughter, he had better live at least 50 more years in my mind. Yes, I am a true Daddy’s girl. My Dad, at 78 years old is truly one of my best friends.
My Mom is 73 and has insurance in place. She is one of my other best friends on the planet. We all worry about our parents passing, whether they are 73, 74, 75, 76, 77 or in this case with my Dad, 78, it’s something none of us want to think about.
I saw both of their grief at the loss of my grandparents on both sides. Burial insurance wasn’t as prevalent back then. Now it is almost a necessity unless you are among the very wealthy.
That’s why, as morbid as it makes me feel in writing this article, I know that my parents, in this case, my dad deserves the best burial insurance at age 78.
Many 78 Year Old’s May think they Have Waited Too long to Get Burial Insurance… Our Stubborn Parents, lol…
But it is never too late to do anything. For some people, life is just a warm-up. The secret to getting what you want from life is understanding that what you do right now drives your future.
Being 78 years old doesn’t mean you have to get tied into some high priced burial insurance coverage like Colonial Penn, State Farm, Globe Life or John Hancock. Remember, they only represent themselves. You and your parents deserve better. If you are a child of a parent who is 78 years old, you can help guide them to a better solution. An independent agent.
You see, working with an independent final expense agent gives you competitive options. Our premier carriers are competing for your (or your parent’s) business at 78. Believe me, they want you to live a long, happy and healthy life.
At Insurance for Final Expense, we are an independent agency, meaning that we have excellent relationships with the best and most competitive carriers. We shop for the very best insurance rates and products that best meet YOUR needs, with no waiting periods….
We at Insurance for Final Expense DON’T Like the Dreaded 2 Year Waiting Period
First, the good new getting a final expense full coverage policy with no waiting time is 100% possible. No waiting time meaning that you are covered day one. You make a single payment, and your loved ones get the comfort of the full benefit (for example $10,000).
Years ago, insurance companies learned that if they gave Guaranteed Issue to folks with NO medical questions, unsavory agents would head out to the local hospice and sign up folks on their deathbed. They would make one payment … drop dead … and the insurance company would be on the hook for the full balance.
So along came the two year waiting period. You would show that you are sincere about having coverage, but you would have to make 24 payments before that coverage would go fully into effect. Now, this 2 year rule is not the end of the world, as some insurance companies are very decent and return any payments you might have made to your loved ones. But Day ONE coverage is Possible!
Sample Burial Insurance Quotes for 78 Year Old Females
Sample Burial Insurance Quotes for 78 Year Old Males
(Note: these quotes were assessed on 1/31/2020. Rates may change. Also note that rates do increase for tobacco users.) Please take a moment and check it out yourself with our online quote.
Financial Concerns When Caring for an Aging Parent
Finances will be a major factor in how adult children care for aging parents. Some seniors at 78 years old may be eligible for government assistance. If you are caring for a parent in this case, you may also be eligible for tax relief by claiming an elderly parent as a dependent.
- Elderly parents can receive free tax assistance in some cases.
- Disability benefits may help to cover some care expenses.
- Some insurance policies will also help with expenses.
We 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 Globe Life, 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 competition. Keep in mind, when multiple companies compete for YOUR business, you always win.
So if you are 78 years old, in search of high quality, affordable funeral insurance, rest assured that Insurance for Final Expense will meet and exceed your expectations.
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.