Choice Mutual

Today, we launched a revamped version of our funeral cost calculator. It's far more robust and allows you to estimate the cost of your funeral in the future. choicemutual.com/funeral-cost-c…

Seniors over 85 can obtain life and burial insurance. However, the options are limited, and only a few insurance providers will issue a new policy to people who are 86 or older. choicemutual.com/blog/life-insu…

Life insurance for children is very similar to adult life insurance coverage, but there are differences. Depending on your goals, buying a policy for a child may or may not be a good idea. choicemutual.com/blog/life-insu…

Grandparents buying life insurance for grandchildren is a great way to give them a head start on their financial future. You can lock in extremely low prices, guarantee their future insurability, and help them build equity for college tuition or other major life events. choicemutual.com/blog/life-insu…

Guaranteed life insurance is a policy that will not deny you due to pre-existing medical conditions. In other words, your approval is guaranteed. choicemutual.com/blog/guarantee…

Funeral expenses are not tax-deductible for individuals, but they can be claimed on estate tax returns. This exception allows the IRS to calculate a decedent’s gross estate value and federal taxes owed. choicemutual.com/blog/are-funer…

We surveyed 6,000 Americans regarding their eco-friendly and alternative burial preferences compared to traditional options. We found that in 2024, 19% of respondents would choose a ‘Green Burial’ over a traditional one. choicemutual.com/blog/funeral-p…

The National Funeral Directors Association reported that in 2023, the average cremation costs $6,280, which includes a viewing and funeral service. However, if you opt for a direct cremation, the average cost drops to roughly $1,924. choicemutual.com/blog/cremation…

As of 2023, the National Funeral Directors Association (NFDA) reported that the average funeral costs $9,995, including a burial service, viewing, and vault. The average cost of cremation is $6,280, which includes a funeral service and viewing. choicemutual.com/blog/funeral-c…

Use our free funeral cost calculator to estimate your final expenses. choicemutual.com/funeral-cost-c…

Mutual of Omaha burial insurance is generally the lowest-cost option compared to other providers. Plus, there is no waiting period, and you can buy up to $50,000 in coverage if you work with an agent. choicemutual.com/blog/mutual-of…

While death may not be your favorite topic to think about, what happens to your estate after you die is important to consider. Estate planning is the process of designating who makes decisions on your behalf, who receives your assets, and much more. choicemutual.com/blog/estate-pl…

Only five life insurance companies will issue a new policy to an 86-year-old senior. Premiums at 86 typically range from $120-$320 monthly, depending on factors such as your health and gender. choicemutual.com/blog/life-insu…

87-year-old seniors are eligible for life insurance from a handful of providers, but the options are limited. Typically, it will cost $135-$310 per month, depending on factors such as gender and how much coverage you buy. choicemutual.com/blog/life-insu…

Each state determines how it manages its Medicaid program, including eligibility guidelines and coverage. Income limits typically float around $1,616 for an individual or 133% of the federal poverty limit (FPL). choicemutual.com/blog/medicaid-…

Only whole life burial insurance has no age limit and will last forever no matter how long you live. Term policies, on the other hand, typically have an age limit of 80 or 90, which is when the coverage terminates. choicemutual.com/blog/burial-in…

Medicaid asset limits are common for seniors and disabled people applying for medical coverage. An individual can typically have $2,000 in countable assets, while couples can have up to $3,000. choicemutual.com/blog/medicaid-…

Funerals are highly customizable to accommodate personal values, faith, and rituals. Families can opt for a formal funeral service, simple direct burial, or niche service like a green burial. choicemutual.com/blog/types-of-…

While New York has significantly fewer final expense insurance companies than all other states, there are still plenty of plans available. Expect to pay roughly $55-$110 per month for a $10,000 policy. choicemutual.com/blog/burial-in…

The state of Kentucky has many top-rated burial insurance companies that offer affordable plans to seniors and young adults. The premiums tend to range from $50-$100 per month but can vary based on factors like the coverage amount and your age. choicemutual.com/blog/burial-in…