Families who have concerns about funeral expenses may be able to plan for the future by comparing life insurance for seniors in Georgia. Not only can these life insurance policies provide cash for burials or cremations, but they can also help with other final expenses that usually come up after a family member passes away.
Getting online quotes for life insurance for seniors in Georgia is easy. Just complete the short quote form on this site to compare local prices on the next page. After viewing life insurance quotes, you are free to get more information or begin applying right on the Internet.
Life Insurance for Seniors in Georgia: State Data
Georgia quick facts:
- Average household income: About $50,000
- Average burial/funeral cost: Over $8,300
- Average cremation/funeral cost: Over $2,300
- Largest Georgia cities by population: Atlanta (420,003), Columbus (189,885), Savannah (136,286), Athens (116,714), Sandy Springs (93,853)
Most commonly, insurers offer life insurance for seniors beginning in their late 40s or early 50s. Some even provide life insurance for seniors over 80 in Georgia. Most often, this is whole life insurance, but it is possible to find term life insurance for seniors who are relatively healthy.
Guaranteed Life Insurance for Seniors in Georgia
Some folks are concerned that they or their elderly parents have health issues that may get them declined for coverage. There are guaranteed life insurance for seniors that ask no health questions on the application. These work by using a waiting period instead of health underwriting.
Typically, the person covered by the policy must survive this period by a two years before full benefits will be paid. Before that, the life insurance company might pay a portion of the death benefit or refund premiums, sometimes with interest. Older people in Georgia who are relatively healthy and active might find lower life insurance rates and an immediate death benefit if they are willing to answer a few questions about their health.
Best Life Insurance for Seniors in Georgia: Compare Before You Buy
Life insurance companies set premiums mostly by age. In some cases, health, location, and other factors may also be considered. The most important thing for seniors to know is that different insurers charge different rates for the same applicant. That’s why it is essential to shop for a good value.
To find the cheapest life insurance for seniors in Georgia, get quick rate comparisons from our website. No personal information is required to see prices. After you see local offers, you can select any of them to learn more or even begin your application. We hope to help many elderly people and their families find quality life insurance coverage at the best price.