The TRUTH About Burial Insurance With No Waiting Period
last updated on March 7, 2022Would you like to find burial insurance with NO waiting period, either for yourself or a loved one, such as your:
If so, you’ve found the right article! =)
Today’s article will discuss how a no-wait burial insurance plan works and everything you need to know to understand your options.
I promise that by the end of this article, you’ll understand the following:
- EXACTLY how burial insurance with NO waiting period works.
- How to know FOR SURE that the policy you’re looking at provides first-day full coverage.
- Which burial companies hide the truth about their policies in their fine print.
My goal is to empower YOU with the information you need to discover which burial insurance plans can provide IMMEDIATE, first-day 100% full coverage.
So, let’s get started!
NOTE: Would you prefer to watch a video instead? Check out the video below. Enjoy!
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How No-Wait Burial Insurance Works
It’s easy to get confused, so let’s make sure that we’re all on the same page and start with the basics and the benefits!
First:
Burial Insurance IS Life Insurance!
In other words, “Burial insurance” is an elaborate way to describe a life insurance policy that covers funeral and cremation costs.
Now on to burial insurance benefits:
Benefit #1 – NO EXAM
Insurance companies offering no-wait burial insurance plans only look at your medical records and prescription history to determine whether you’re eligible.
This means NO invasive medical exams! You won’t need to give blood or pee into a cup. =)
Benefit #2 – Coverage NEVER cancels
Unlike term insurance, which seniors can outlive, burial insurance with no waiting period products follow the “whole life insurance” concept, meaning your coverage NEVER cancels as long as you pay your premiums.
Benefit #3 – Premium Rate Lock Guarantee
Unlike term insurance and some universal life insurance policies, no-wait burial insurance plans offer a “rate lock guarantee.”
In short, your rates stay the same and are as certain as the sunrise!
Benefit #4 – Immediate Coverage
Unlike guaranteed issue burial insurance, our no-wait burial insurance plans offer IMMEDIATE first-day full coverage for BOTH natural and accidental death.
Bottom line, no matter HOW you go, these burial insurance policies with no waiting period have you covered (literally =).
Now, let’s move on and discuss in more detail WHY seniors opt for these plans!
5 Reasons To Get No-Wait Burial Insurance
#1 – Cover Final Expenses
Naturally, seniors purchase burial insurance to cover final expenses. You might wonder, “Why can’t they just use their savings instead?!”
Well, unfortunately, funeral costs are skyrocketing beyond an affordable rate for most families.
Simply put, folks don’t want to burden their family with these ridiculous costs.
Imagine your son or daughter facing $10,000 or even $20,000 in funeral expenses.
Ask yourself:
“HOW would your kids deal with that?”
As you know, money has a way of destroying loving relationships between siblings. That’s why buying burial insurance with no waiting period makes perfect sense.
Save your family from the risk of bickering over money and possible debt.
#2 – Replace Income
Are you married? Does your household depend on your pension or Social Security?
Imagine what would happen if that source of income suddenly vanished.
How does that make you feel? My guess – not great, right?
This is where a burial insurance policy can come in handy.
The payout from a burial insurance policy with no waiting period can offset your lost income and make life financially easier for the surviving spouse.
#3 – You Appreciate Guarantees
Would you like to have 100% assurance that you can NEVER live past your coverage period? Yes? Then you’ll appreciate a burial insurance policy’s death benefit guarantee.
As we mentioned above, with products such as term life insurance, you wouldn’t want to run the risk of outliving your coverage, right?
With no-wait burial insurance products, you NEVER have to worry since you can NEVER outlive your coverage.
#4 – Gift Of Love
Do you have a grandchild or loved one that you want to help get started in life?
Perhaps you want to help them buy their first car, pay for college, or put a down payment on their first home.
As such, many parents and grandparents alike are purchasing burial insurance with no waiting period as a gift of love to help their loved ones after their gone.
#5 – It’s All About Peace Of Mind
These days, we hear so many stories of terrible things happening to ordinary people like you and me. Yet we rarely take action and consider how we are also at risk.
Bad things only happen to others… right?
Admit it.
It’s easier to believe that tragedy only strikes others (and not yourself). Don’t feel bad. I do the same.
But unfortunately, that’s simply NOT the case.
We MUST plan for the worst.
No one knows when the inevitable will come, and it’s better to be SAFE than SORRY!
These days, “peace of mind” is worth so much more than people realize. People want burial insurance because they don’t want to worry.
Get a burial insurance plan with no waiting period in place today and know for sure that your family won’t be left battling expensive funeral costs during such a difficult time.
BEWARE The “Fine Print” On Well-Known Burial Insurance Companies
I’m a simple person.
If I buy something, I want to know exactly what to expect.
That’s why I take issue with many other burial insurance plans, such as the ones offered through Colonial Penn.
Why?
Because they advertise their products as the “greatest insurance policy ever” when, in fact, once you start reading the fine print, you realize that their policy provides::
NO first-day FULL coverage until AFTER two years!
Should you honestly take that risk? Your answer should be a resounding, “NO!”
NEVER gamble with life insurance. Your burial insurance policy should provide TOTAL peace of mind – NO exceptions!
Wait Today, Pay More Tomorrow (*IF* You Can Qualify!)
It’s true:
Prices for burial insurance only go up as you get older. Wait another year to get burial insurance, and it’s going to cost you MORE.
Plus, never forget that “No one can promise you tomorrow…”
That’s why it’s so incredibly VITAL to take action now. GET burial insurance with no waiting period coverage TODAY! It might be your last chance…
Who has to face the consequence should the worst happen and you’re not covered?
The answer – your family.
Your kids and loved ones will be wondering…
“Why didn’t mom or dad get burial insurance?! Where are we going to find the money to pay for everything?!
You have to make life insurance a priority now. I don’t want to be the person who tells you it gets WORSE as you get older. But your health WILL decline…
There’s no guarantee that you’ll be able to qualify for no-wait burial insurance tomorrow.
Take action while you’re still in GOOD health!
I’ve lost count of the hundreds of people I’ve met that decided to wait. Now, all they can qualify for is a guaranteed issue burial insurance policy that enforces a two-year waiting period.
Why NOT Take The Chance? Two Years Isn’t That Long…
You could, but I strongly recommend that you don’t take that risk.
Of course, there are burial insurance policies that will cover folks in bad health. But two years with no coverage is longer than you think…
I would NEVER forgive myself if I came down with cancer and passed away during that period. It can happen! I’ve known people who’ve died from cancer in just two weeks.
For example, my Grandma Logan left us just a week after being diagnosed with pancreatic cancer.
You have to be ready. Even if your health is not perfect, it’s still worth seeing if you can qualify.
How Much Does No-Wait Burial Insurance Cost?
Now it’s time to take a look at some different pricing options.
Let’s start with a $10,000 burial insurance (first-day full coverage) plan.
NOTE: I cannot say for sure that you will qualify for these programs.
I’m a broker and can shop to see who offers the best policy. A lot of people with health problems may get first-day full coverage.
Rates for a $10,000 No-Wait Burial Insurance Plan
A 55-year-old non-smoker male. Most likely, your monthly premiums would be in the upper twenties to mid-thirties:
A 65-year-old non-smoker male. Most likely, your monthly premiums would be in the upper forties to mid-fifties:
A 75-year-old male. Most likely, your monthly premiums would be in the mid-eighties to low hundreds.
An 85-year-old male. Most likely, your monthly premiums would be around $160 to $200, depending on your health:
A 55-year-old non-smoker female. Most likely, your monthly premiums in the low twenties to low thirties:
A 65-year-old non-smoker female. Most likely, your monthly premiums in the upper thirties to mid-forties:
A 75-year-old non-smoker female. Most likely, your monthly premiums would be in the mid-sixties to mid-seventies:
An 85-year-old non-smoker female. Most likely, your monthly premiums around $120 to $160.
How To Qualify For Burial Insurance With No Waiting Period
Do I Need To See An Insurance Agent?
Nowadays, insurance agents are not required to see you face to face. So, you don’t need to worry about a high-pressure sales pitch from a stranger!
In fact, at my company, everything is done electronically over the phone and through email. Simple, right?
No matter where you live in the country, I can help.
How Does The Application Process Work?
#1 – Quick 15 Minute Phone Call
I would ask you some health questions and determine which policy would suit you best. Then I would offer you a quote for a few different coverage amounts.
If you like what you hear, we can complete the application.
#2 – Complete the Application
The application can be on-line or over the telephone, whatever you’re most comfortable doing.
Usually, you can find out if you qualify on the same day. Crazy, huh? No exams, tests, or physicals necessary!
Sometimes, it can take a few days, but it’s usually no longer than a week or so.
#3 – Receive your Policy
If your burial insurance plan is approved, the insurance company will mail your policy to you within the next couple of weeks.
#4 – How to set up payments?
We usually set the payment up within the next 30 days on an automated basis. Or you could pay 3, 6, or 12 months at a time via check.
Final Steps
Are you ready to see what type of no-wait burial insurance policy you could qualify for?
Call me at 888-626-0439. OR click the “contact” box at the top of the page. Send me an overview of what you’re looking for plus your contact details, and I’ll be in touch as soon as possible.
Talk soon!