Get Burial Insurance regardless of health.
Follow these Burial Insurance Basics for California residents so your estate (your legacy) doesn't end up in debt.
Premiums are payable weekly or monthly. Funeral homes, brokers, and insurance agents sell burial insurance.
Burial (Whole Life Low Limit) Insurance benefits: 4-6 health questions Applicant must attest to health & personal info No physical, blood or urine test required Immediate Payout from date of issue Higher maximums with additional underwriting Burial (Whole Life Low Limit) Insurance drawbacks: Low maximums of $15,000-$35,000 May not payout within the first 2-3 years No breaks for good health Only issued up to around age 85 Some companies don't issue earlier than 40 Builds little cash value May exceed the cost of a funeral May cost more than the death benefit Guaranteed Issue (Graded) Insurance benefits: Applicant needs to verify personal info only No physical, blood or urine test required No health questions Guaranteed Issue (Graded) Insurance drawbacks: Lower policy maximums No additional amounts of coverage usually offered No full payout for 2-4 years