Final Expense Insurance Eligibility

Most healthy people are eligible to buy final expense insurance, even if they are over 60 years old.

In fact, given that your financial responsibilities change as you age, many seniors find final expense insurance is the best form of life insurance for them. While you have likely settled many of your other financial arrears, such as mortgage payments and student loans, by this stage of your life, final expense insurance will protect your loved ones from the high costs of burial, medical expenses and other final debts you did not have the opportunity to settle.

Eligibility Criteria

Final Expense insurance rates are determined by:

• Age
• Health
• Lifestyle

Up until the age of 80, almost every type of policy is available, especially if you are in good health. Most insurance companies will not insure anyone over the age of 85 because of life expectancy risks.

Average life expectancy:

• American male - 77
• American female- 82