As a senior in Iowa, buying life insurance can be overwhelming. You might be unsure of whether you should purchase term life or whole life insurance for seniors, and you might be concerned about answering health questions or filling out a complicated application.
Luckily, there are guaranteed acceptance life insurance options out there for seniors just like you. You might prefer a term life policy, which will include a higher payout amount. If you aren’t in the best health and don’t want to undergo a health exam, you might prefer an affordable burial insurance policy. Either way, you can compare quotes online and find cheap, reliable options.
Final Expenses in the State of Iowa: A Few Statistics
You probably already know that final expenses for the average person are costly. However, you might not realize just how expensive your average funeral really is. You can cut costs for your loved ones by asking to be cremated, but even cremation is expensive. These are some of the costs that we found:
- Average Cost of a Funeral in Iowa – $7,045
- Average Cost of a Cremation in Iowa – $2,391
- Average Cost of a Cemetery Plot in Iowa – $1,100
As you can see, these costs can be quite high. You might not want to leave your family responsible for paying all of these expenses, so securing term life insurance for seniors or a whole life insurance option for yourself or your parents is smart.
The Top Five Most Populated Cities in Iowa
- 1. Des Moines – City Population of 207,510
- 2. Cedar Rapids – City Population of 128,429
- 3. Davenport – City Population of 102,517
- 4. Sioux City – City Population of 82,429
- 5. Iowa City – City Population of 71,159
How Much Does Life Insurance Cost? What About for Seniors Over 80 in Iowa?
The cost of life insurance varies. We did gather these sample whole life insurance quotes for a 52-year-old man who doesn’t use tobacco products and who lives in Iowa:
- $10,000 – $30.84
- $15,000 – $45.15
- $25,000 – $73.79
- We also offer life insurance quotes for seniors over 80.
Shop for Life Insurance in Iowa Today
Now is the time to secure life insurance for yourself or your elderly parents. Just select “Iowa” from the drop-down menu on our site, and add your answers to the simple questions about your date of birth and gender. In no time, you’ll have the information that you need to purchase life insurance.