Final Expense Plans

Final Expense Policies have all the features and benefits found in traditional whole life policies and are quick and easy to purchase. We represent multiple insurance companies that offer Final Expense Insurance that can offer customers coverage from $1,000 to $50,000. Final Expense insurance policies can never be canceled as long as premiums are paid, and the monthly premium will never go up.

What Kind of Final Expense Plans are Available?

Customers who are healthy can apply for a Simplified Issue policy. There is generally two parts that ask health questions and if the customer can answer “No” to all questions, they can qualify for this plan. If the customer answers “Yes” in one of these parts, they can qualify for a Graded/Modified policy.  Usually, there is a two-year wait or the policy will pay a certain percentage of the death benefit the first two years. Customers who have severe or multiple medical issues will be able to purchase a Guaranteed Issue policy. There are no health questions for this policy to be issued. There is a two-year waiting period and if death occurs in that time, all premiums paid plus an additional interest rate will be given to the beneficiary.

What is the Average Cost of Final Expense Quotes?

The average Final Expense policy costs between $30-$50 a month. This quote depends on your age, sex, health, amount of coverage, and the carrier you choose. If you have significant health conditions, your premium will probably be higher and may cost between $70-$100 a month.

Where Can You Get a Quote?

To get a quote, go to our website, and click on Final Expense Quoting. For more information, you can watch a Final Expense Quoting webinar that was recently done.

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