Burial insurance offers several advantages like you can relieve your loved ones from financial burden in difficult times. There are several burial insurance plans available in the market, and it can be a daunting task for senior citizens to buy the best one.
Scammers are waiting to dupe less tech-savvy and vulnerable seniors of their hard-earned money. To be on the safer side, it is always good to consult independent agents like Gary P. Cubeta from Insurance for Final Expenses, who mentions the policies like the Gerber burial insurance for the best coverage options.
You can buy almost everything online, including a burial insurance plan. However, it would help if you were careful with your online purchases. That’s where these experts can come to your help. Here’s how.
Honest Comparison of Burial Insurance Plans
Brand loyalty is common in company-appointed insurance agents. They are more likely to suggest insurance coverage of the company they represent. There is a drawback when you purchase from company-appointed insurance agents; you never know the better or the best burial insurance plan as per your needs.
An independent agent will present you with information about various burial insurance options available to you. For example, many insurance companies only offer $10,000 or $20,000 insurance coverage. Some final expense insurance offers insurance coverage starting from $5000 up to $50,000.
Many seniors cannot afford higher monthly premiums associated with $10,000 or $20,000 insurance coverage. In that case, the independent insurance agent can suggest a $5000 insurance coverage with comparatively lower premiums.
Helps You Find Right Burial Insurance
Many insurance companies don’t offer seniors insurance plans as they are considered high-risk groups. An independent agent will have detailed information about insurance plans designed for senior citizens. One of the advantages of a burial insurance plan is that the applicant must not undergo a medical examination. Instead, they have to answer a few health-related questions, which helps the underwriter determine their risk category.
Many insurance companies may reject your application if you have AIDS or cancer, but policies like Gerber burial insurance are available to seniors with these ailments. If you suffer from ailments like congestive heart failure, cancer, AIDS/HIV, or you had a heart attack last year, an independent agent is more likely to suggest providers like Gerber final expense insurance.
Reviews Your Needs
Independent agents are not under pressure to sell any particular burial insurance to their customers. They review their customer’s needs, walk them through an end-of-life planning guide, compare options available, check qualifications, and suggest the best burial insurance options. They also check reviews of the burial insurance they suggest to their customers.
Prepares You for Answering Health Related Questions
If you opt for burial insurance, you will get a call from the underwriter before your application is approved. Independent agents help the clients in one-to-one phone conversations. They check whether their client can answer the knockout questions from the underwriter correctly. The agent also informs the client about the disqualifying questions that need to be answered correctly.
Helps You Understand the Features of Burial Insurance
The insurance plans feature list is filled with jargon and complicated words that are not easy to understand. Independent agents explain every feature of the burial insurance in detail. The feature’s explanation will help you exactly find what benefits your loved ones will get after you pass away.
When buying burial insurance, you need to check all features and ensure they work in your favor. Independent insurance agents will be ready to clear any doubts about the features and terms, and conditions of the burial insurance. They will never hurry you into signing the papers and clinching the deal.
When everything is clear, they will expedite the process to get insurance coverage as soon as possible.
Explain Payments and Premiums
Unlike other insurance policies, the monthly premiums of burial insurance increase with age. For example, if you are a male aged 50 years, you would be paying a monthly premium of $19.66 for $5000 insurance coverage. Since the monthly premiums increase with age, you would be eager to know how much monthly premium you have to pay when you are 80 years old.
Burial insurance plans have lower premiums for females. Independent agents can help you calculate the monthly premiums you have to pay at any age. They can answer all your questions related to monthly premiums and help you make an informed decision.
To sum up, the independent agent does not work for any insurance company. Their primary objective is to help their clients buy the best burial insurance as per their needs and budget.
