Saturday, May 29, 2010

Life Insurance / Burial Insurance Question

I need advice about applying to and paying for some type of burial insurance.

This would be on behalf of my mother so when the time comes for her to leave me, I will be able to pay for her funeral.

I just want to know that I can pay into something so upon her passing I will be able to pay for her funeral costs (instead of my mum taking out the insurance/policy it would be me on her behalf as she is terrible for thinking about stuff like that). I am an only child so I am solely responsible for paying the expenses for her funeral.

There are burial insurance plans that provide a limited amount of life insurance for seniors.

Usually, burial insurance offers up to $30,000 of simplified life insurance with no physical exam required to qualify for coverage.

A son can buy life insurance on his parent because you are related and have an insurable interest in your mother since you would suffer financially from her passing, having to provide for her final expenses.

Globe Life Insurance offers up to $30,000 of simplified life insurance with no exam for people age 78 and under. You can get a quote and apply online for coverage for your mother.

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Insurance without any Medical Exam,
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