Burial Insurance
How Much Does Burial Insurance Cost for Seniors?
Burial insurance typically costs between $30 and $150 per month for seniors, depending on your age, health, gender, and coverage amount.
Average Monthly Costs
- Age 50-60: $30-$60/month for $10,000 coverage
- Age 60-70: $50-$95/month for $10,000 coverage
- Age 70-80: $85-$150/month for $10,000 coverage
Burial Insurance Rates by Age (for $10,000 Coverage)
These are typical monthly rates for healthy non-smokers in Florida. Your actual rate may vary based on health conditions and the insurance carrier.
| Age Range | Female (Monthly) | Male (Monthly) |
|---|---|---|
| 50-54 | $25-40 | $30-50 |
| 55-59 | $30-50 | $40-60 |
| 60-64 | $40-60 | $50-75 |
| 65-69 | $50-75 | $65-95 |
| 70-74 | $65-95 | $85-120 |
| 75-79 | $85-120 | $110-150 |
| 80-85 | $110-160 | $140-200 |
What Affects Your Burial Insurance Cost?
1. Your Age
Age is the biggest factor. Rates increase roughly 8-10% for each year you wait. Locking in coverage at a younger age saves significant money over time.
2. Your Health
Pre-existing conditions like diabetes, heart disease, or COPD can increase rates by 20-50%. However, most conditions are still insurable.
3. Tobacco Use
Smokers pay 50-100% more than non-smokers. If you quit smoking, some carriers offer non-smoker rates after 12-24 months.
4. Coverage Amount
Most people choose $10,000-$25,000 in coverage. The average funeral in Florida costs about $8,000-$12,000, so plan accordingly.
5. Gender
Women typically pay 15-25% less than men of the same age due to longer life expectancy.
How to Get the Lowest Rate
- Work with an independent agent who compares multiple carriers
- Apply while you're healthy – don't wait
- Consider a smaller policy if budget is tight
- Ask about preferred rates if your health conditions are well-controlled
- Look for carriers with price-lock guarantees
Get Your Exact Rate in 60 Seconds
We shop 15+ top-rated carriers to find your lowest rate. Most quotes take just a few questions – no medical exam required.