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Financial needs never end even at the age of 90 years. At this stage of life covering the funeral, the cost is a headache if you already don’t have a policy already. However, insurance companies are also updating their rules with the improvement of average life expectancy. Burial insurance for seniors over 90 is available and it is quite cheap.

Why Buying a Burial Insurance for Seniors Over 90?

The average funeral cost in the United States is rising fast. A burial insurance can cover all the expenses including casket, grave site, ceremony, headstone and other additional costs.

With a policy like this, you can cover the entire burial expenses and sometimes you can leave some extra money for your family. After your passing away, this policy will ensure that your family doesn’t face any financial burden with the funeral costs.

How to Get Burial Insurance?

Finding burial insurance is really easy from insurance companies and some funeral homes offer it as a package. However, it is good to get the insurance from a life insurance company because most of the insurance companies have burial insurance package for seniors.

3 Options for You

  • Get a traditional life insurance for people over 90 and your family as beneficiary.
  • Get a traditional life insurance and the funeral director as the beneficiary.
  • Pre-Planned contract with a funeral home.

How Much to Cover?

burial insurance for seniors over 90

Let’s see the most basic elements of a funeral package

  • Casket
  • Headstone
  • Flowers
  • Gravesite
  • Grave digging
  • Hearse
  • Embalming
  • Service Fees

Including all these, it costs around $9000 minimum. Additional elements will increase the cost.

Hence, you must cover this amount and if you want to leave some financial support for your family or have debt, mortgage, in that case, you should include those expenses with your policy.

As only seniors look for burial insurance, it is quite cheap and anyone can afford it.

Read Also: Life Insurance for Seniors Over 85

Conclusion

A burial insurance can bring peach in your mind that you can’t feel from any other financial facts. It gives the complete funeral coverage so your family will never face any problem with the costs. However, you must compare rates from different companies before choosing a plan.