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WebApr 1, 2024 · Seniors on a budget sometimes turn to burial insurance, also called funeral insurance or final expense insurance. These whole life insurance policies typically have low coverage amounts... WebMar 30, 2024 · The Gerber Life guaranteed Issued burial insurance plan will only pay out if the insured lives at least 24 months and a day. If someone dies before the 2 year waiting period the beneficiary’s will receive all premiums paid plus 10% interest. You can’t lose money on this Final Expense burial insurance plan. WebApr 11, 2024 · A guaranteed issue or other burial insurance policy will protect your loved ones from the considerable expense of a funeral and burial. However, this usually … dr chitwood dothan al