Is it possible to find life insurance for seniors in Illinois? One thing that many Illinois seniors or families with elderly parents might have to plan for, is the expense of a dignified funeral. Besides a service and burial, other final expenses tend to crop up after a loved one passes away. These could include bills for travel, feeding guests, and even transporting a body. Life insurance for seniors is one way to make sure that survivors have cash to pay the bills.
The best way to compare quotes for life insurance for seniors in Illinois is to use our instant quote tool. You can see life insurance rates within moments, and you don’t even have to offer up any of your personal details to do it. Once you have found cheap coverage for yourself or your parents, you can even begin to apply online.
Life Insurance for Seniors in Illinois: Quick Facts
- Median Ill. household income: $56,797
- Biggest Ill. Cities (Population): Chicago (2,695,598) Aurora (197,899) Rockford (152,871) Joliet (147,433) Naperville (141,853)
- Average Cremation/Burial and Service costs: $2,300 to $8,300
We also offer term life insurance for seniors, but most people look for whole life insurance when they get older because it provides lifetime protection. To help you understand the rates, these are sample whole life insurance quotes for an Illinois female who is 51 and doesn’t use tobacco:
- $5,000: $20.16
- $10,000: $37.71
- $15,000: $55.26
People seeking life insurance for themselves or their parents should know that some companies offer life insurance for seniors over 80 in Illinois. These are the three main choices:
Term Life Insurance for Seniors:
Some companies offer 10-year term policies for seniors up to their 70s, and this is the cheapest way to get coverage.
Whole Life Insurance for Seniors:
Thee are usually smaller policies that are kept affordable for many older people and their families.
Guaranteed Acceptance Life Insurance for Seniors:
Guaranteed life insurance for seniors is an option for frailer senior citizens who might not get accepted for regular coverage. These applications require no health questions answered.
Find Affordable Life Insurance for Seniors in Illinois Online
There isn’t one best company or kind of life insurance coverage for every elderly person. We help consumers compare life insurance rates and policies right on the Internet. Our form takes seconds to complete and requires no personally identifying information. We work to help senior citizens and families all over the State of Illinois find good coverage from top life insurance companies.