How Much Does No Medical Exam Burial Insurance Cost?

Last Updated on: April 4th, 2025

Reviewed by Kyle Wilson

How Much Does No Medical Exam Burial Insurance Cost

Choosing the right burial insurance can be overwhelming, especially if you’re looking for coverage without a medical exam. No medical exam burial insurance offers a simple and accessible way to secure financial protection for your loved ones, but how much does it actually cost? The price of these policies varies based on several factors, including your age, health, and coverage amount.

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Understanding No Medical Exam Burial Insurance

No medical exam burial insurance is designed for individuals who want to secure financial protection for their funeral and end-of-life expenses without undergoing a health examination. It provides an easy application process, making it a great option for seniors or those with health conditions who may not qualify for traditional life insurance.

What Is No Medical Exam Burial Insurance?

No medical exam burial insurance is a type of life insurance that guarantees coverage without requiring a medical check-up. Unlike traditional policies, it allows applicants to qualify based on basic health questions or no health questions at all. This ensures that individuals with pre-existing conditions can still obtain coverage to ease the financial burden on their loved ones.

How Does It Differ from Traditional Life Insurance?

The key difference between no medical exam burial insurance and traditional life insurance lies in the application process and coverage limits. While traditional life insurance typically requires a medical exam and in-depth health assessment, no medical exam policies offer:

Simplified underwriting with no medical tests.
Faster approval—often within a few days.
Lower coverage limits, usually ranging from $5,000 to $50,000.
Higher premiums due to the increased risk for insurers.

Who Can Apply for This Type of Insurance?

No medical exam burial insurance is ideal for:

Seniors who want coverage without lengthy approval processes.
Individuals with pre-existing conditions who may struggle to qualify for traditional policies.
Anyone looking for quick and guaranteed approval with minimal health requirements.

Factors That Affect the Cost of No Medical Exam Burial Insurance

The cost of no medical exam burial insurance varies based on several factors. Since insurers take on more risk by not requiring a medical exam, they consider different elements when determining premiums. Understanding these factors can help you make an informed decision and find a policy that fits your budget.

Age and Its Impact on Premiums

Age is one of the most significant factors influencing the cost of burial insurance. The older you are when applying, the higher your premiums will be.

Younger applicants generally receive lower rates.
Seniors face higher costs due to increased risk.
Some insurers have age limits, usually between 50 and 85 years old.

Applying for coverage earlier can help secure a lower monthly premium.

Coverage Amount and Policy Limits

The amount of coverage you choose directly impacts the cost of your policy.

Smaller policies (e.g., $5,000 – $10,000) have lower monthly premiums.
Larger policies (e.g., $25,000 – $50,000) come with higher costs.
Some insurers may have maximum coverage limits for no medical exam policies.

Selecting the right coverage amount depends on estimated funeral expenses and any additional financial needs for your beneficiaries.

Health Conditions and Risk Assessment

While no medical exam burial insurance does not require a health check-up, insurers may still ask basic health questions.

Guaranteed issue policies accept all applicants but may have higher premiums.
Simplified issue policies may deny coverage based on specific health conditions.
Some insurers charge higher rates for smokers or individuals with serious illnesses.

Understanding how health affects pricing can help you choose the right policy type.

Type of Policy: Guaranteed Issue vs. Simplified Issue

The type of no medical exam burial insurance you choose affects cost and eligibility.

Guaranteed issue policies require no health questions but have higher premiums and a waiting period before full benefits are available.
Simplified issue policies ask a few basic health questions and offer lower rates but may deny coverage based on health conditions.

Choosing the right type depends on your health status and coverage needs.

Insurance Provider and Their Pricing Structure

Every insurance provider has its own pricing strategy based on risk assessment and business models.

Comparing multiple providers can help you find the best rate.
Some companies specialize in senior insurance and may offer competitive prices.
Policy riders (such as accidental death benefits) may increase the cost.

Average Cost of No Medical Exam Burial Insurance

The cost of no medical exam burial insurance varies depending on several factors, including age, gender, and the insurance provider. Understanding the average cost can help you set realistic expectations and choose a policy that fits your budget.

Typical Monthly Premiums Based on Age Brackets

Age is a key factor in determining the cost of burial insurance. The older you are, the higher the premiums, as insurers consider age a risk factor. Below is a general breakdown of monthly premium estimates based on age:

50–60 years old: $25 – $50 per month for a $10,000 policy
61–70 years old: $40 – $80 per month for a $10,000 policy
71–80 years old: $60 – $120 per month for a $10,000 policy
81+ years old: $100 – $200 per month for a $10,000 policy

Applying for coverage at a younger age can help lock in lower rates and save money over time.

Cost Differences Between Male and Female Policyholders

Gender also plays a role in determining burial insurance costs. Women generally pay lower premiums than men because they tend to live longer, which reduces the insurer’s risk. Here’s how gender affects pricing:

Men: Typically pay 10–30% more than women for the same coverage amount.
Women: Benefit from slightly lower rates due to longer life expectancy.

For example, a 60-year-old male may pay around $50 per month for a $10,000 policy, while a 60-year-old female might pay $40 per month for the same coverage.

Price Comparison of Leading Insurance Providers

Different insurance companies offer varying rates based on their underwriting guidelines and risk assessment methods. Below is a comparison of estimated costs from some of the top providers:

Insurance Provider	Estimated Monthly Premium for a $10,000 Policy (Age 65)
Provider A	$45 – $55
Provider B	$50 – $60
Provider C	$40 – $50
Provider D	$55 – $65

Comparing multiple insurers can help you find the most affordable option. Some companies may also offer discounts or policy add-ons that provide extra benefits, making it essential to shop around before making a decision.

How to Find Affordable No Medical Exam Burial Insurance

Finding an affordable no medical exam burial insurance policy requires careful research and comparison. While this type of insurance is generally more expensive than traditional policies, there are ways to lower costs while maintaining adequate coverage.

Tips for Lowering Your Premiums

Reducing your monthly premiums can help you secure affordable burial insurance without compromising essential benefits. Consider these strategies:

Apply at a younger age – Premiums increase as you get older, so purchasing coverage earlier can save you money.
Choose a lower coverage amount – Opting for a policy that covers only necessary expenses can keep costs down.
Avoid unnecessary policy riders – Additional benefits, like accidental death coverage, may raise premiums.
Look for insurers with lenient underwriting – Some companies offer better rates for individuals with pre-existing conditions.

Maintain a healthy lifestyle – While no medical exam is required, some insurers still assess general health factors when setting rates.

Comparing Multiple Quotes from Different Insurers

Insurance rates vary between providers, so it’s essential to get multiple quotes before making a decision. Here’s how to compare effectively:

Request at least three to five quotes from different insurance companies.
Compare the total cost over time instead of just looking at monthly premiums.
Check for hidden fees or rate increases that may affect affordability in the long run.
Evaluate customer reviews and ratings to ensure reliability and claim payout history.

Using online quote comparison tools or working with an independent insurance agent can simplify the process and help you find the best deal.

Choosing the Right Policy Without Sacrificing Coverage

Affordability is important, but your policy should still provide sufficient coverage for your final expenses. Consider these factors when choosing a policy:

Ensure the coverage amount aligns with expected funeral costs and any outstanding debts.
Opt for a simplified issue policy if you’re in relatively good health, as it often has lower premiums than guaranteed issue policies.
Verify the policy’s waiting period—some plans may delay full payouts for the first two to three years.
Look for flexible payment options that fit within your budget without causing financial strain.

Is No Medical Exam Burial Insurance Worth the Cost?

No medical exam burial insurance provides a convenient way to secure coverage without health screenings, making it an appealing choice for many individuals. However, before deciding, it’s essential to determine whether the benefits outweigh the costs.

Who Benefits Most from This Type of Insurance?

This type of insurance is particularly useful for individuals who:

Have pre-existing health conditions that make qualifying for traditional life insurance difficult.
Are older adults who need coverage quickly without undergoing a lengthy approval process.
Need guaranteed acceptance due to medical history or age restrictions.
Want to avoid medical exams for personal comfort or convenience.
Prefer a straightforward application process with minimal paperwork.

Weighing the Pros and Cons Before Buying

Before committing to a no medical exam burial insurance policy, consider both the advantages and disadvantages:

Pros:

No medical exams required – Approval is typically quick and straightforward.
Guaranteed acceptance options – Some policies approve applicants regardless of health conditions.
Fixed premiums – Monthly costs remain stable throughout the policy term.
Provides financial relief for loved ones – Helps cover funeral and burial expenses.

Cons:

Higher premiums compared to traditional life insurance policies.
Limited coverage amounts – Policies typically cap at $50,000, which may not be enough for all expenses.
Waiting periods – Some policies delay full benefits for up to two or three years.

Alternatives to Consider for More Affordable Coverage

If cost is a concern, explore alternative options that may provide better value:

Traditional term life insurance – Offers higher coverage amounts at lower premiums but requires medical underwriting.
Simplified issue life insurance – Requires answering health-related questions but no medical exam, potentially leading to lower rates.
Pre-need funeral insurance – Purchased directly from a funeral home to cover specific arrangements.
Savings and investments – Setting aside money in a dedicated account can help cover end-of-life expenses without monthly premiums.

Conclusion

No medical exam burial insurance provides a convenient and accessible way to secure coverage without the hassle of health screenings. While it may come with higher premiums and limited coverage amounts, it remains a valuable option for individuals who need guaranteed acceptance. By comparing policies, understanding cost factors, and exploring alternatives, you can make an informed decision that best fits your financial situation and coverage needs.

FAQs

What is the cheapest no medical exam burial insurance?

The cheapest option depends on factors like age, coverage amount, and the insurer. Generally, simplified issue policies are more affordable than guaranteed issue plans. Comparing multiple providers can help you find the lowest rates.

Will my premiums increase over time?

Most no medical exam burial insurance policies have fixed premiums, meaning your monthly payments remain the same for the life of the policy. However, some policies may have rate adjustments, so it's important to read the terms before purchasing.

Can I get coverage if I have serious health conditions?

Yes, guaranteed issue burial insurance is designed for individuals with serious health conditions. While approval is guaranteed, these policies often come with higher premiums and waiting periods before full benefits are available.

Is a waiting period required before the full payout?

Most no medical exam burial insurance policies include a waiting period of two to three years before the full death benefit is paid. If the policyholder passes away during this time, the insurer may provide a partial payout or refund the premiums paid.

What happens if I miss a payment?

Missing a payment can put your coverage at risk. Many insurers offer a grace period (usually 30 days) to make a late payment without losing coverage. If the policy lapses, you may need to reapply or pay additional fees to reinstate it.

Iqra Malik

Senior Writer & Licensed Life Insurance Agent

Iqra is a dynamic and insightful senior writer with a passion for life insurance and financial planning. With over 8 years of hands-on experience in the insurance industry, Iqra has earned a reputation for delivering clear, actionable advice that empowers individuals to make informed decisions about their financial future. At Burial Senior Insurance, she not only excels as a licensed insurance agent but also as a trusted guide who has successfully advised over +1500 clients, helping them navigate the often complex world of life insurance and annuities. Her articles have been featured in top-tier financial publications, making her a respected voice in the industry.