Having some form of life insurance coverage is essential. Not only does it help ensure that your funeral expenses are covered, but it can also cover some of your other final costs and can provide peace of mind.
Unfortunately, shopping for senior life insurance isn’t always easy. Many seniors find it difficult to find affordable quotes because of their age or health conditions, and some companies have stringent underwriting requirements that disqualify a lot of senior citizens. This doesn’t mean that you or your elderly parents don’t need or can’t get coverage, however.
One excellent option is burial insurance for seniors. A burial insurance policy can be much easier to acquire; these policies generally come with smaller face values, reasonably-priced premiums and much less stringent requirements. When shopping for burial insurance quotes, however, you could be wondering which company to go with.
One popular choice is Americo Life Insurance Company. The Americo family of companies has been in the insurance business for more than 100 years, so you can trust the name when buying Americo burial insurance. Here at United Life Group, we work with Americo Life Insurance Company and other A-rated companies, and we can help you find the best coverage for you or your elderly parents. Before choosing a policy, however, you might want to learn a little more about companies like Americo; this will help you choose the plans and quotes that are right for you.
What Type of Policy Does Americo Offer?
The Americo family of companies offers various types of insurance to its many clients. For your particular situation, Americo burial insurance could be the perfect option. This policy comes with a face value between $2,000 and $30,000, and the money will be paid to the beneficiary at the time of death. Then, the beneficiary can use the money as needed, such as to cover funeral costs.
What are the Advantages of Purchasing Coverage Through Americo?
There are many reasons to consider an Americo burial policy, such as:
- Face amounts are offered between $2,000 and $30,000.
- Coverage is available for smokers between the ages of 50 and 80.
- Non-smokers can sign up for coverage between the ages of 50 and 85.
- Those who only smoke pipes or cigars still qualify for non-smoking rates.
- You can apply for coverage for yourself or your elderly parents online.
- No medical exam is required.
- Although there are some health-related questions, they are limited when compared to the questionnaires given by other companies.
- Americo has an A.M. Best rating of A-.
- Standard and Poor’s rates Americo at an A-.
As you can see, Americo comes highly recommended and is known to be highly reputable. It is more smoker-friendly than many other insurance companies, and a complex medical exam or a long questionnaire isn’t required. You might just find that Americo is the right choice for your burial insurance policy. If you would like to see burial insurance quotes from Americo and other trustworthy companies, we can help. If you simply enter your ZIP code into the form at the top of the page, you can find the cheapest and best burial insurance for seniors.
Are There Any Disadvantages to Working with Americo?
As with any company that offers senior life insurance, there are some disadvantages to look at, such as:
- Coverage isn’t available in all states.
- The rates are not the most competitive.
- The application process is slightly hindered because a telephone interview is required after the application is signed, but this is standard in the industry.
There aren’t many cons to choosing to work with a company like Americo, but it is always a good idea to look for different rates online to ensure that you’re getting the cheapest and best option. Fortunately, we make this much easier for you by offering multiple rates from all of the best companies in the business.
How to Secure Coverage
If you’re buying coverage for yourself, you can handle a good part of the searching and application process directly from your computer. Even if you’re shopping for your parents, you can do a lot of the legwork for them; then, they can simply sign the paperwork and handle the last-minute tasks to gain their coverage.
Researching companies like Americo is a great start, and looking for different rates and coverage options is also essential. Fortunately, we make this easy here at United Life Group. We are licensed to sell burial life insurance and whole life insurance to customers who span across many states, and we work with all of the best companies in the business. To get started, simply enter your ZIP code into the form to instantly access all of your best life insurance options.