Best Burial Insurance for Seniors Over 70
For seniors over 70, final expense insurance is typically the most accessible and cost-effective option. Golden Memorial Insurance offers simplified issue coverage — no medical exam, health questionnaire only — for ages up to 85, with premiums fixed at enrollment and payouts up to $20,000 within 24 hours of claim approval. Most pre-existing conditions are accepted.
Finding life insurance after 70 is harder than most people expect. Many carriers stop issuing new policies at 70 or 75. Final expense insurance is the exception — designed specifically for this age group, with no medical exam and same-day approval.
Why Final Expense Insurance Works for Seniors Over 70
Unlike term life (which expires) or traditional whole life (which often requires a medical exam and targets wealth accumulation), final expense insurance is built around one purpose: covering end-of-life costs quickly and affordably.
- No medical exam — simplified issue underwriting based on a health questionnaire only
- Coverage through age 85 — many carriers stop at 70 or 75; Golden Memorial covers through 85
- Same-day approval — no waiting weeks for an underwriting decision
- Fixed premiums — your rate locks in at enrollment and never increases
- Whole life structure — does not expire as long as premiums are paid
What Coverage Costs at 70, 75, and 80
Premiums increase with age, which is why enrolling earlier locks in a lower lifetime rate. The following are illustrative ranges for a $10,000 simplified issue policy:
| Age at Enrollment | Female (Standard) | Male (Standard) |
|---|---|---|
| Age 70–74 | ~$30–$48/month | ~$42–$60/month |
| Age 75–79 | ~$46–$68/month | ~$58–$82/month |
| Age 80–85 | ~$65–$95/month | ~$80–$120/month |
These are illustrative ranges. Your exact rate depends on your age, gender, health history, and coverage amount. A licensed Golden Memorial agent will provide your exact rate with no obligation.
Pre-Existing Conditions at 70+
Most seniors over 70 have at least one managed health condition. Simplified issue underwriting accepts most of them.
Conditions Typically Accepted
- Type 2 diabetes
- Hypertension
- Heart disease (most cases)
- COPD and respiratory conditions
- High cholesterol
- Arthritis
- History of most cancers
- Mobility conditions
Applicants with more serious conditions may qualify under a graded benefit structure — full benefit available after two years, with premiums plus interest returned if the insured passes during the waiting period.
Why Golden Memorial for Seniors Over 70
Golden Memorial Insurance is licensed in 16 states and has helped over one million families secure coverage. Policies are underwritten by Lincoln Heritage Life Insurance Company (AM Best A-) — one of the most financially stable final expense underwriters in the country.
Get Your Rate in Minutes
Coverage is available through age 85. No medical exam. A licensed agent will give you an exact quote — no pressure, no obligation.
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