Burial Insurance Cost by Age
Costs
Age is one of the most significant factors affecting burial insurance costs. Here's what you can typically expect to pay for $10,000 in burial insurance coverage:
Age 50-54: $25-$40/month | Age 55-59: $35-$50/month | Age 60-64: $45-$65/month | Age 65-69: $55-$80/month | Age 70-74: $70-$100/month | Age 75-79: $90-$130/month | Age 80-85: $120-$180/month
Insurance companies base premiums on risk. As we age, the statistical likelihood of death increases, which means higher premiums at older ages and fewer coverage options.
The best time to get burial insurance is now. Every year you wait, premiums increase.
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