The majority of whole life policies start at around $50,000. When searching for a whole life insurance policy, it can be difficult to find lower coverage amounts. Fortunately, this is where senior whole life insurance can help.
Quick Links
- 50 – 59 Quotes
- 60 – 69 Quotes
- 70 – 79 Quotes
- 80 – 89 Quotes
- Basics of Whole Life
- Best Companies for $25,000
How Much Is A $25000 Life Insurance Policy?
On average, $25000 whole life insurance costs $50 – $200 per month. Prices are determined by age, health, gender, and the amount of coverage desired. Based on your age and health, your monthly premium for a $25,000 policy could fall outside of this range.
Listed below are $25,000 whole life insurance policy costs. Burial insurance prices can fluctuate depending on your past and present medical status, and the quotes listed are for a healthy individual with no serious medical concerns. Once your policy is active, the monthly premiums are locked in.
50 – 59 Burial Insurance Quotes
$25,000 of Coverage
| Age | Female (Non-Smoking) | Female (Tobacco) | Male (Non-Smoking) | Male (Tobacco) |
|---|---|---|---|---|
|
50 |
$56 |
$74 |
$72 |
$91 |
|
51 |
$58 |
$78 |
$74 |
$94 |
|
52 |
$60 |
$80 |
$75 |
$97 |
|
53 |
$61 |
$84 |
$77 |
$106 |
|
54 |
$63 |
$87 |
$81 |
$110 |
|
55 |
$64 |
$92 |
$85 |
$115 |
|
56 |
$67 |
$95 |
$89 |
$120 |
|
57 |
$70 |
$98 |
$92 |
$125 |
|
58 |
$72 |
$101 |
$162 |
$131 |
|
59 |
$74 |
$104 |
$100 |
$137 |
60 – 69 Burial Insurance Quotes
$25,000 of Coverage| Age | Female (Non-Smoking) | Female (Tobacco) | Male (Non-Smoking) | Male (Tobacco) |
|---|---|---|---|---|
|
60 |
$77 |
$108 |
$105 |
$144 |
|
61 |
$81 |
$114 |
$111 |
$153 |
|
62 |
$85 |
$120 |
$118 |
$164 |
|
63 |
$89 |
$125 |
$123 |
$173 |
|
64 |
$94 |
$131 |
$129 |
$184 |
|
65 |
$98 |
$137 |
$136 |
$195 |
|
66 |
$104 |
$146 |
$145 |
$209 |
|
67 |
$110 |
$154 |
$153 |
$223 |
|
68 |
$116 |
$163 |
$162 |
$237 |
|
69 |
$122 |
$171 |
$172 |
$249 |
70 – 79 Burial Insurance Quotes
$25,000 of Coverage
| Age | Female (Non-Smoking) | Female (Tobacco) | Male (Non-Smoking) | Male (Tobacco) |
|---|---|---|---|---|
|
70 |
$128 |
$181 |
$182 |
$264 |
|
71 |
$136 |
$193 |
$192 |
$283 |
|
72 |
$141 |
$207 |
$205 |
$299 |
|
73 |
$154 |
$219 |
$219 |
$320 |
|
74 |
$165 |
$232 |
$232 |
$337 |
|
75 |
$176 |
$245 |
$245 |
$358 |
|
76 |
$191 |
$268 |
$263 |
$395 |
|
77 |
$204 |
$289 |
$281 |
$430 |
|
78 |
$216 |
$311 |
$301 |
$460 |
|
79 |
$229 |
$331 |
$319 |
$486 |
80 – 89 Burial Insurance Quotes
$25,000 of Coverage| Age | Female (Non-Smoking) | Female (Tobacco) | Male (Non-Smoking) | Male (Tobacco) |
|---|---|---|---|---|
|
80 |
$241 |
$333 |
$345 |
$511 |
|
81 |
$261 |
$363 |
$370 |
$542 |
|
82 |
$280 |
$397 |
$396 |
$591 |
|
83 |
$298 |
$422 |
$423 |
$631 |
|
84 |
$317 |
$444 |
$450 |
$667 |
|
85 |
$335 |
$476 |
$477 |
$703 |
|
86 |
$423 |
$636 |
$585 |
$979 |
|
87 |
$510 |
$742 |
$686 |
$1,128 |
|
88 |
$596 |
$848 |
$788 |
$1,277 |
|
89 |
$683 |
$954 |
$889 |
$1,425 |
The Basics Of A $25,000 Whole Life Insurance Policy
When applying for a 25000 whole life insurance policy, three permanent benefits come with the plan.
Price Never Increases: Your monthly premium will never increase. This allows seniors to plan for the fixed monthly cost moving forward.
Coverage Never Decreases: The coverage amount will never decrease or terminate. Regardless of how long the policyholder lives, the beneficiary will be entitled to a $25,000 payout.
Builds Cash Value: With each monthly payment, a portion will go towards the cash value. Over time this amount will grow and can be borrowed if the policyholder wishes.
Who Needs a $25,000 Life Insurance Policy?
This coverage amount is great for anyone planning on using this policy to cover funeral costs. Also, these plans do not restrict what the beneficiary can or cannot use the money for.
If you have any leftover debt, medical expenses, or even unpaid final utility bills, this product will take that burden off of your surviving family members.
A $25,000 Life Insurance Policy is Good for People Who:
- cannot qualify for a policy that requires a health exam
- do not want to get a medical exam
- want a permanent policy
- want a policy to cover final expenses
- have no money set aside for your funeral expenses
- want the monthly insurance premiums to be locked in for life
- want the coverage amount to remain the same
Is $25,000 Enough for Life Insurance?
Life insurance covers your liabilities and protects your loved ones from financial risk. $25,000 of coverage can protect your family from smaller costs like funeral expenses or debt left behind.
You should not use a $25,000 whole life insurance policy to supplement a loss of income. A larger whole life plan or term life insurance coverage might better fit your needs if you need more protection.
Best Companies for a $25,000 Policy
Finding the best final expense insurance company will depend on your medical history. Many factors will determine the best plan for you, but these carriers are at the top of the list for most applicants.
Mutual of Omaha
- Plan Name: Living Promise Level
- Age Eligibility: 45 – 85
- Health Questions: Yes
- Waiting Period for Benefits: No
- States Covered: 49 states & DC (excluding NY)
- A.M. Best Company Rating: A+ (superior)
This is an excellent plan for healthy seniors. With immediate coverage and rock-bottom premiums, this will be a top option if you can medically qualify.
The policy will allow for a maximum of $40,000 of coverage.
CVS/Aetna
- Plan Name: Accendo Level
- Age Eligibility: 40 – 89
- Health Questions: Yes
- Waiting Period for Benefits: No
- States Covered: 49 states & DC (excluding NY)
- A.M. Best Company Rating: A (excellent)
This plan could be an excellent option for seniors with specific medical conditions like lupus, bipolar disorder, COPD, kidney disease, etc. With day one coverage, this plan is another top option.
Accendo allows a maximum coverage amount of $50,000, depending on age.
AIG
- Plan Name: Guaranteed Issue
- Age Eligibility: 50 – 80
- Health Questions: No
- Waiting Period for Benefits: 2-years
- States Covered: 49 states & DC (excluding NY)
- A.M. Best Company Rating: A (excellent)
This guaranteed issue plan is a top option for seniors with serious medical concerns. This product will accept almost anyone because there are no health questions asked.
The maximum amount of coverage permitted to be taken out is $25,000.
How To Qualify For A $25000 Life Insurance Plan
Qualifying for a 25000 life insurance policy is effortless. The underwriting process is simplified issue, meaning there are no medical exams required. However, there will be a series of yes or no health questions.
How you answer these questions will determine which plan and price point you qualify for.
What If I Can’t Afford a $25,000 Life Insurance Policy?
Funeral insurance is flexible and financially friendly. Coverage amounts range from $2,000 – $50,000 and can be adjusted to accommodate any budget. This gives all seniors access to permanent whole life insurance. Work with a highly rated independent agent who has access to multiple companies as your best option for life insurance coverage.
Other Common Coverage Amounts
Final Thoughts On 25000 Life Insurance
a. Finding a $25000 whole life insurance policy is straightforward. The application process is simplified issue which makes approval much more streamlined.
b. Coverage is flexible, making these policies affordable for any budget. If you cannot afford a $25,000 policy, lower the coverage amount down to what is best for your financial situation.
c. Finding the best plan for you will require working with an independent agent. These agents have access to multiple life insurance companies, which allows them to price shop and find you the lowest prices.