What is Aetna burial insurance and what does it cover
Aetna burial insurance is a type of life insurance policy specifically designed to cover the costs of your funeral and other end-of-life expenses. The death benefit can cover the funeral cost, pay off any outstanding debts, or be put into a savings account for your loved ones. Some policies may also offer additional benefits, such as the ability to pay for travel expenses for your family members to attend your funeral. While the coverage amounts and benefits vary from policy to policy, Aetna burial insurance can provide peace of mind knowing that your final expenses are covered.
While this article will cover Aetna Burial Insurance at a high level, for those who would like a more comprehensive review, GetSure.org has published a fantastic Aetna Final Expense Life Insurance Review that you can check out.
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Who is eligible for Aetna burial insurance
Aetna burial insurance is available to people 40 to 89 years old, and coverage is available regardless of your cause of death. You can name any beneficiary, and the death benefit will be tax-free. In addition, Aetna offers a variety of riders that can be added to your policy, including an accidental death benefit and a child protection rider. Whether you’re looking for basic coverage or something more comprehensive, Aetna has a burial insurance policy that’s right for you.
How much does Aetna burial insurance cost
Aetna offers several different options for burial insurance, so the cost will vary depending on the policy you choose. However, basic plans start at $9 per month for adults aged 40-89. For a more comprehensive policy, the cost will be higher. Remember that the policy price may increase as you get older, so it is essential to compare rates and purchase a policy while you are still young. Overall, the cost of Aetna burial insurance depends on the coverage you choose but is generally reasonably priced.
A new site called LifeInsuranceRatesByAge.com has published comprehensive whole life insurance rate charts for ages 40-89 for Aetna’s Accendo as well as its Protection Series product
What are the benefits of Aetna burial insurance
While the death benefit from a life insurance policy is typically tax-free, the proceeds from a burial insurance policy are not subject to income tax. This can make burial insurance an attractive option for people seeking ways to minimize their tax liability. In addition, because the death benefit is generally paid out within 24 hours of the policyholder’s death, it can be used to cover immediate expenses such as funeral costs. For these reasons, Aetna’s burial insurance can be a valuable tool for financial planning.
How to apply for Aetna burial insurance
Applying for Aetna burial insurance is a simple process, and you can contact your independent agent to get started. Once you’ve provided some basic information, you’ll be able to choose the coverage amount that best meets your needs. You’ll also need to decide on a payment plan – you can pay monthly, annually, or in one lump sum. Once you’ve completed the application process, you’ll be ready to rest assured, knowing that your loved ones will be taken care of financially when you’re gone.
Final Thoughts
Aetna burial insurance is an excellent way to ensure your loved ones are taken care of financially after you pass away. There are numerous benefits to having Aetna burial insurance, including the peace of mind of knowing that your loved ones will not have financial burdens after you’re gone. Applying for Aetna burial insurance is easy and only takes a few minutes. If you have questions about Aetna burial insurance, you should contact your independent insurance agent.