Did you know that there are multiple different end-of-life insurance options? Burial insurance is an excellent choice if you’re looking to take some of the financial pressure off your family.
Burial insurance pays a death benefit. There is no expiration for the policy, so you can count on getting the death benefit. This is a great feature of the policy so that your beneficiary can count on getting that specific sum of money. Burial insurance policies will have a variety of premiums, depending on how much you want the death benefit to be worth. This is something that you should keep in mind throughout your end-of-life and funeral planning. Purchasing a burial insurance policy is a great way to have a budget in mind for your funeral.
While many people do use burial insurance to cover costs for a burial and funeral, there are no restrictions for how the death benefit must be spent. Your beneficiary can use it to pay for credit card debt or medical bills that must be left behind. Many people find this to be a relief, as they can use it to cover whichever costs are the most pressing.
Is Burial Insurance Best for You?
If you think that planning for the future is important, then you should definitely consider burial insurance. Burial insurance is an important part of paying for many end-of-life costs. Many people that are considering burial insurance should go ahead and purchase it, especially since it is a very affordable insurance option. If purchasing a whole or term life insurance policy isn’t within your budget, then you should consider burial insurance.
Have Insurance Questions?
It’s no secret that insurance can be complicated. Making sure that you have the right tools is important so that you can make the right insurance decisions. We’re here to guide you through the insurance selection process and help ensure that you’re making the right insurance choices. When it comes to selecting the right policies, you can always count on us.
We’re experts in burial insurance. We understand the different options that are available and can provide you with professional advice. If you’re wanting to learn more about burial insurance, then we can help you compare the different policy options.
About Gerber Life
Gerber Life is a very known company that has multiple different offerings. One of their most popular policies is their guaranteed issue final expense. If you’re considering purchasing burial insurance, then you should think about this policy and if it could be the right choice for you.
One of the great parts of this policy is you won’t be required to get a medical exam done. This means that it’s a great option for those that have a complicated medical history. Gerber’s final expense policy is very accepting and welcoming, making it an excellent option for many different people.
Gerber is an insurance company that you can trust. They have a great record and history in the insurance business. Their financial stability is one of the best things that they have, meaning that clients can trust the policies that they enroll in. Gerber offers multiple different life insurance policies. If you’re still researching the different types of life insurance policies available, you should definitely take a look at Gerber’s options.
Gerber’s burial insurance policy doesn’t have an expiration date. This means that the death benefit will still be given, regardless of when the death occurs. This is one of the best features of the policy because you can be confident that your beneficiary will be given the death benefit. This can help in planning, as you can know the budget that you’ll have for the funeral and other end-of-life expenses.
Another great part of this type of policy is that the total benefits won’t go down. You can be confident that the benefits you have when you enroll will continue throughout the rest of the policy. Enrolling in a policy that won’t change is an excellent way to get peace of mind and assurance that you know what your policy includes.
One of the most important things to learn about this policy is that there is a two-year waiting period. This means that the death benefit would not be given if the death occurred during this waiting period. However, if the death does occur during the waiting period, then the premiums that were paid will be given back. A two-year waiting period is extremely common and it will most likely be extremely difficult to find a policy without this period. The only situation in which Gerber would pay the death benefit during the waiting period is if the death occurred because of an accident.
One of the reasons for the waiting period is to ensure that the insurance company is as protected as possible. Because of the waiting period, they can rule out some of the health concerns that would typically be found in the underwriting process if a medical exam was required.
Gerber offers burial insurance policies that range from $5000-$25000. How much you want your policy to be worth is a personal decision that depends on a variety of factors. How elaborate you imagine your burial being is definitely something that you’ll want to take into account. If you’re picturing having a large funeral, then you may want to pick a larger policy in order to cover those costs. If you anticipate having credit card or medical debt, then you’ll also want to select a larger policy that could potentially help pay down some of that debt.
Making Burial Insurance Decisions
One of the best ways to make the right insurance decisions is to work with the right insurance professionals. Being able to get professional advice can be extremely valuable and help you be sure that you’re making the right decisions. Finding someone that you trust is important so that you truly listen to what they say and be sure you’re making the best choices possible.
If you’re ready to work with an insurance team that you can trust, make an appointment with us today. We’re here to make sure that you’re on the right track and you’re working towards your goals. You can make an appointment to work with us through our website. We’ll get back to you as soon as possible so that we can find a time to sit down and discuss your insurance needs.
It’s incredibly important that you make your beneficiary aware of your policy. Because they’ll be in charge of the death benefit, it’s essential that they know the amount of money that they’ll be given. During that conversation, you can tell them how you would like the money to be spent. You can consider including your wishes in your will so that they’re documented in an official way.
Medical Exams
Some burial insurance policies require a medical exam as part of the underwriting process. If you’re someone that has some health concerns, then you might want to find a policy that doesn’t require a medical exam. This means that Gerber could be perfect for you because it’s a guaranteed issue policy.
If you have something like diabetes, then you may still be able to get a policy that requires a medical exam. The best way to deal with this situation is to speak with your insurance agent and be very transparent about your health situation. They can then guide you towards the type of policy that will work best for your personal needs.
Doing Research
Many people find that doing research is empowering. It’s one of the best ways to be sure that you’re making the right choices and you know about all of the different options that are available to you. Being sure that you’re selecting the right policy means that you need to know the different types of policies and options.
The internet is an incredibly useful tool that you can use while shopping for policies. It’s very helpful if you’re looking to do policy comparisons and make sure you’re selecting the right one. Especially if you’re looking for a policy that will fit within your price range, you can filter certain policies by searching online.
If you’ve done your research before your appointment with an insurance professional, then you can ask them clear questions and feel empowered. Many people prefer to make their own decisions that are guided through facts, so doing research is a great way to make sure that you’re headed in the right direction.
Is a Guaranteed Issue Policy the Right Choice for You?
Many people are interested in getting a guaranteed issue policy, but there are a few things you should consider before doing so. It’s important to note that most guaranteed issue policies are more expensive. This is the figurative price that you pay for not needing to get a medical exam done and being accepted regardless of your health history.
Because of the guaranteed issue policy, you won’t have coverage that begins when you enroll in your policy. There will be a two-year period in order to get the death benefit. This is something that’s important to keep in mind.
If you’re in good health, then it might be best for you to not get a guaranteed issue policy. This will mean that you’ll get your coverage sooner. If you have some minor health concerns, then it may still be possible for you to not get a guaranteed issue policy. However, if your health concerns are more major, then you will most likely want to get a guaranteed issue policy.
Making the choice between policies can be challenging. We’re here to help you and can walk you through the policy comparison process. Because we know about the different options that are available on today’s market, we can help you narrow down the ones that would most likely be best for you. Being able to decide between policies is one of the most important parts of insurance, so we can help you make that difficult choice. Don’t wait to start thinking about burial insurance and make an appointment with us today.
Is Gerber Right for You?
If you’re looking for an insurance policy that you can count on, then Gerber might be the right choice for you. It’s an excellent option for those that have some health concerns and still want to be accepted to a policy. If you’re someone that’s unsure whether or not you could be eligible for a policy, then Gerber is most likely the best route for you to take.
Knowing that your policy won’t change over time can provide you with peace of mind and assurance that you’re making the right decision. Choosing Gerber means working with an insurer that has a great reputation and standing within the insurance industry. You can be sure that Gerber will complete your burial insurance policy well and your beneficiary will be receiving the death benefit.
We Can Help
At Senior Life Services, we understand how important it is to be able to compare policies. That’s why we always make sure that our clients have all the information that they need to make the right decision. We’re proud of the clients that we work with and the positive experiences that they’ve had.
If you’re ready to take the next step and start thinking about burial insurance, then make an appointment with us today. We’re here to provide you with guidance and make sure that you have the tools you need to select the right policy for your personal situation. Insurance doesn’t have to be complicated when you’re working with Senior Life Services. We have years of experience when it comes to insurance and our team is equipped to answer your questions as you start the enrollment process.