2023 Guide To Burial Insurance & Life Insurance For Seniors Over 70 [Free Quotes]

Burial Insurance for seniors over 70 is possible, but you might be overpaying if you don’t know where to look. Many seniors get insurance from the wrong company who charges them exorbitant rates for their burial insurance.
But there is a very simple way to find the cheapest coverage. Compare against multiple companies quickly and easily!
In this article we are going to go over how to get burial insurance for seniors over 70, sample prices, and best ways to save.
Table Of Contents
- Options When You’re Over 70
- Immediate Coverage With No Waiting Period
- Guaranteed Issue (Waiting Period)
- Best Companies For Seniors Over 70
- How To Find The Best Burial Insurance
Options When You’re Over 70
The burial insurance and life insurance options when you’re over 70 are actually the same as if you’re in your 50’s or 60’s. The only difference is the price.
Many seniors are surprised to learn that they still qualify for immediate coverage with all of the same insurance carriers that insure young people.
So what are the best options when you’re over 70?
The prices for insurance depend on your age, gender, and health conditions. Every age could be a different carrier that offers you the best price. So you need to compare among multiple companies to see which is the best for you.
Immediate Coverage
Level immediate coverage is the cheapest type of burial life insurance at the lowest rates possible but you have to qualify. There is no medical exam or anything like that but you do have to answer some simple health questions.
The vast majority of seniors will qualify for immediate coverage with no waiting period at the lowest rates.
Don’t get into a burial insurance policy with a waiting period if you don’t have to. They are more expensive and you most likely will not have to get one with a waiting period.
The catch with immediate coverage policies is not every company will approve you for this. Depending on your health conditions, one company may deny you for immediate coverage while another would approve you.
The fastest way to find a company that will approve you for immediate coverage with no waiting period if you are a senior over 70 is to work with an independent agency. Our services are free and you will pay the same price as if you went straight to the company.
Click here to read our full guide on getting burial insurance at any age with no waiting period.
If you want sample rates for immediate coverage, fill out our quote form to see prices from the top 15 companies in the business.
Guaranteed Issue Coverage
Although this is rare, some seniors over 70 do not qualify for immediate coverage. Below are some of the conditions that will force someone to go with a guaranteed issue, no health questions asked policy.
- Current Cancer
- AIDS/HIV
- Kidney Dialysis
- Terminal Illness
- Alzheimer’s/Dementia
- In A Nursing Home
- On Oxygen 24/7
- Organ Transplant
While everyone is guaranteed an issued policy with a guaranteed issue company, these all come with a two year waiting period and slightly higher rates than immediate coverage. This is because they take everyone.
We do not recommend a guaranteed issue policy if you can avoid it. You will save a lot of money by answering a few simple health questions and getting approved for immediate coverage with no waiting period.
Click here to read our full guide on getting guaranteed issue burial insurance.
What Is The Best Life Insurance For Seniors Over 70?
There are plenty of insurance companies that will give seniors over 70 burial insurance.
Click here to read our top 10 companies for seniors over 70.
While the above link shows all of our top recommendations, the below companies will almost always be the best option for a senior over 70.
Mutual Of Omaha

Age Range: 45-85
Coverage Amount: $2,000-$40,000
Waiting Period: No
States Available: All except NY
Will It Expire: No
Why We Chose It…
Mutual Of Omaha is consistently one of the best burial insurance companies for seniors over 70. Their prices are hard to beat, they have good customer service, and have plenty of other insurance products like term life, Medicare Supplements, and annuities.
Read our full review of Mutual Of Omaha’s burial insurance here.
Age | Male $10,000 | Female $10,000 | Male $20,000 | Female $20,000 |
---|---|---|---|---|
50 | $30.68 | $24.31 | $58.15 | $45.41 |
60 | $43.76 | $32.87 | $84.32 | $62.53 |
70 | $74.61 | $53.24 | $146.01 | $103.28 |
80 | $139.73 | $98.43 | $276.26 | $193.66 |
Aetna

Age Range: 40-89
Coverage Amount: $2,000-$50,000
Waiting Period: No
States Available: All except NY
Will It Expire: No
Why We Chose It…
Aetna is also a very large, well known insurance company that has a fantastic track record. Furthermore, their prices are especially good for seniors the older they get. Aetna also has a large variety of other insurance products to look at, and is the only burial insurance company that will give you a discount on burial insurance premiums if you have a Medicare Supplement with them. This can make their burial insurance the cheapest for you on the market.
Age | Male $10,000 | Female $10,000 | Male $20,000 | Female $20,000 |
---|---|---|---|---|
50 | $34.39 | $27.30 | $65.27 | $51.10 |
60 | $51.10 | $40.51 | $98.70 | $77.52 |
70 | $73.15 | $58.19 | $142.80 | $112.87 |
80 | $140.26 | $101.41 | $277.03 | $199.33 |
Foresters Financial

Age Range: 50-85
Coverage Amount: $5,000-$35,000
Waiting Period: No
States Available: All States
Will It Expire: No
Why We Chose It…
Foresters Financial has some of the best free member benefits we have ever seen. Some examples of their member benefits are free customizable wills, academic scholarships, orphan benefits, and much more. They also offer very competitive premiums for many seniors over 70.
Click here to read our full guide on Foresters Financial.
Age | Male $10,000 | Female $10,000 | Male $20,000 | Female $20,000 |
---|---|---|---|---|
50 | $32.00 | $26.05 | $60.85 | $48.95 |
60 | $45.18 | $35.41 | $87.22 | $67.67 |
70 | $70.66 | $51.92 | $138.18 | $100.70 |
80 | $146.74 | $111.08 | $290.33 | $219.01 |
How To Find The Best Burial Insurance For Seniors Over 70
The truth is, you never know which company is the best for you in terms of price or if they will even approve your application until you talk with an agent, such as someone at Seniors Mutual.
Every company has unique underwriting for every health condition and medication, but we can make it easy!
We are experts in finding the best price for you on the market from all of the top companies to find you the lowest pricing for burial insurance. Best of all, our services are completely free! You pay the same price as if you went straight to the insurance company.
Skip the hassle of getting denied at multiple carriers and submit an application today by giving us a call or filling out our quote form. We help seniors of all ages, their children and grandchildren get approved at the lowest rates possible every day.
2 Comments
Paul Turner
Request for quote – age 76, 40K, final expense and burial
Kelly Maxwell
Hi Paul, we sent you an email with more info.