If you are a senior looking for burial insurance, you have probably noticed that there are dozens of companies competing for your business. You have seen the TV commercials, the mailers, and the late-night infomercials. With so many options, how do you know which one is actually the best for you?
The truth is that the “best” burial insurance company is different for every person, because it depends entirely on your age, your health, and how much coverage you need. In this guide, we will break down the top options available in 2026 and explain what makes each one stand out — so you can make the most informed decision possible.
If you want to compare your options with a licensed agent, call now: 1-866-332-1427.
What to Look for in a Burial Insurance Policy
Before we get into specific companies, here are the four things you should always look for when comparing burial insurance policies:
- No Waiting Period (Level Benefit): The best policies pay the full death benefit from day one. Avoid policies with a two-year waiting period if you can qualify for something better.
- Locked-in Premiums: Your monthly payment should never increase, no matter how old you get or how your health changes.
- Whole Life Insurance: The policy should never expire. Term life insurance expires; whole life insurance does not.
- A.M. Best Rating: This is the financial strength rating for insurance companies. Look for companies with an A or A+ rating to make sure they will be around to pay your claim.
Top Burial Insurance Companies for Seniors in 2026
1. Mutual of Omaha — Best Overall
Mutual of Omaha is one of the most trusted names in the insurance industry, with an A+ rating from A.M. Best. Their Living Promise whole life policy is one of the most popular burial insurance products available. It offers coverage from $2,000 to $40,000, with no medical exam required. Seniors between the ages of 45 and 85 can apply. If you are in good health, you can qualify for their Level Benefit plan with no waiting period.
2. Aetna — Best for Seniors with Health Issues
Aetna (through their final expense division) is known for having some of the most lenient underwriting in the industry. This means that seniors with health conditions like COPD, diabetes, or a history of heart problems are more likely to qualify for a level benefit (no waiting period) policy with Aetna than with other companies. Coverage is available from $2,000 to $35,000 for applicants between ages 40 and 89.
3. Foresters Financial — Best for Value
Foresters Financial offers some of the most competitive rates in the final expense market. Their PlanRight whole life policy is available for seniors between ages 50 and 85, with coverage from $2,000 to $35,000. One unique benefit is that Foresters offers member benefits like scholarships and community grants to policyholders, which adds extra value beyond just the insurance coverage.
4. Gerber Life — Best Guaranteed Issue Option
If you have serious health conditions and cannot qualify for a simplified issue policy, Gerber Life’s Guaranteed Life Insurance plan is a solid option. There are no health questions at all — you cannot be turned down. Coverage is available from $5,000 to $25,000 for applicants between ages 50 and 80. Keep in mind that this policy does have a two-year waiting period for natural causes.
What This Means for You
The best burial insurance company for you depends on your specific health situation. If you are in good health, Mutual of Omaha or Foresters Financial will likely offer you the best combination of price and coverage. If you have health issues, Aetna may be able to offer you immediate coverage that other companies cannot. And if you have very serious health conditions, Gerber Life’s guaranteed issue plan ensures you can always get some level of coverage.
The smartest move is to work with an independent agent who can compare all of these companies side by side and find the one that gives you the most coverage for the lowest price based on your specific health.
Frequently Asked Questions (FAQ)
How much burial insurance do I need?
Most financial advisors recommend getting at least $10,000 to $15,000 in coverage to cover the average cost of a funeral, cremation, and any final medical bills.
Can I get burial insurance if I am over 80?
Yes. Many companies offer burial insurance for seniors up to age 85 or even 89. The premiums will be higher at an older age, but coverage is still available.
Is burial insurance the same as a pre-need funeral plan?
No. A pre-need funeral plan is a contract with a specific funeral home. Burial insurance is a life insurance policy that pays cash to your beneficiary, who can then use it at any funeral home they choose.
Find the Best Rate for Your Situation Today
Do not overpay for burial insurance. An independent agent can shop multiple companies at once and find the best rate for your specific age and health.
If you want to compare your options, call now to speak with a licensed agent: 1-866-332-1427.