If you are shopping around for senior life insurance, you might be worried about how much it will cost. You might even worry that you won’t qualify. Luckily, you do have options, and we can help you find them.
Final Expenses in the State of Colorado
Final expenses vary based on your final wishes. However, it’s smart to have an idea in mind of how much things like funerals cost. These are some of the average costs that you can expect for your family to pay:
- Funeral – $7,000
- Cremation – $2,250
- Cemetery Plot – $750
Your family members probably don’t have the cash lying around to cover all of these expenses. However, even if you opt for a small guaranteed policy that doesn’t require you to answer any health questions, it should help cover most or all of these costs.
The Top Five Most Populated Cities in Colorado
The top five most populated cities in Colorado:
- 1. Denver – Population of 600,158
- 2. Colorado Springs – Population of 416,427
- 3. Aurora – Population of 325,078
- 4. Fort Collins – Population of 143,986
- 5. Lakewood – Population of 142,980
How Much Do People Pay for Life Insurance in Colorado?
Life insurance for seniors can vary widely in cost. Your age, whether or not you smoke, your willingness to answer health questions, your health and the type of policy that you want all affect the cost of coverage.
For educational purposes, however, we opted to search for a quote for a 46-year-old female who does not smoke and who lives in Colorado. These are the cheap monthly rates that we found:
- $5,000 in Coverage – $14.21
- $10,000 in Coverage – $26.22
- $15,000 in Coverage – $38.22
As a senior, you can count on paying a little more. However, seniors over 80 in Colorado and anyone else who lives in the state can find affordable coverage. Compare quotes online to find the best rate; our easy rate quote tool makes it easy.
Shopping for Your Parents? Searching for Guaranteed Life Insurance for Seniors?
Seniors who are shopping for themselves or adults who are shopping for their elderly parents are sure to love our rate quote finder. In seconds, you can access rate quotes and can fill out an application with a reputable life insurance company.