Most of us don’t like to think about what happens after we’re gone. It’s uncomfortable, a bit morbid, and frankly, easy to push to the bottom of the “to-do” list.
But if you’re over 50, there’s a financial reality you can’t ignore: The average funeral in the U.S. now tops $8,000, and that doesn’t count medical bills or lingering credit card debt.
If you haven’t set aside a pile of cash to cover those costs, you’re essentially leaving your kids or your spouse with a bill they might not be able to pay.
Not the legacy most of us want to leave.
The good news? You don’t need a massive brokerage account to fix this. You don’t even need to pass a physical.
Life insurance as low as $18/mo
Most life insurance companies want to know everything about you. They want your blood pressure readings, your family history, and sometimes a nurse to show up at your house with a needle. If you’ve got a few “pre-existing conditions”—and let’s be honest, who doesn’t after age 50?—you might get hit with sky-high premiums or a flat-out rejection.
Gerber Life is different. Don’t settle for temporary term coverage that disappears. This whole life plan builds cash value after the initial policy for years and protects you for life.
Here’s why millions trust Gerber Life Insurance for permanent protection:
- Easy life insurance approval for ages 50 to 80: (50-75 in NY).
- Apply online, no medical exam needed:
No physicals, no health questions.
- Guaranteed rate: Your monthly payment is guaranteed never to increase as long as premiums are paid.
How it works for your family
This isn’t just about “final expenses” in the sense of a casket and some flowers. It’s about handing your family a tax-free check they can use for whatever they need most.
1. Burial and funeral costs: As we mentioned, these are getting expensive. A $10,000 or $25,000 policy covers the service and gives your family room to breathe.
2. Lingering debt: Whether it’s a car loan or a few thousand on a Visa card, life insurance can wipe the slate clean so your heirs don’t have to.
3. A modest inheritance: Maybe you just want to make sure your grandkids have a little something for college. This is a simple, guaranteed way to make that happen.
Rates that don’t budge
One of the biggest scams in the insurance world is the “exploding premium.” You sign up for a cheap rate at 55, and by the time you’re 70, the price has tripled.
With this type of whole life policy, your rate is locked in the moment you’re approved. As long as you pay your premiums, they’ll never go up. Plus, the policy builds “cash value” over time. It’s not a get-rich-quick scheme, but it’s a small financial cushion you can actually borrow against if a real emergency pops up later in life.
Is there a catch?
I’m a skeptic by nature, so let’s talk about the “graded death benefit.” Because the company is taking a risk by not asking health questions, they usually don’t pay the full face value if you pass away from natural causes within the first two years.
Instead, if you pass away during that initial period, your family gets 110% of the premiums you paid back. If it’s an accidental death, they pay the full amount immediately. Once you hit that two-year mark, you’re fully covered for the total amount—up to $25,000.
Stop overthinking it
Waiting only makes it more expensive. Rates are based on your age when you apply, so the “younger” you are today, the cheaper it stays forever.
If you’ve been worried about leaving a financial burden on your family, take 3 minutes to check it out. It’s one of the few things in the financial world that actually does exactly what it says on the box.