Lumico Final Expense Policy

Lumico offers a simplified issue final expense policy that lasts the client’s entire life.  Premiums will never increase, and the death benefit never decreases.  It is ideal for seniors who want to ensure their funeral is paid for or want to leave a little something for their kids or grandkids.

What are the Product Features?

They can provide up to $30,000 of coverage with a minimum of $5,000. They offer it up to ages of 85 for a Standard and 80 for Preferred or Modified.  Lumico also offers a free Accelerated Death Benefit Rider and also has an optional Accidental Death Benefit Rider. The Preferred plan will offer an immediate benefit while Standard has a reduced payout of 25%, 50%, and 75% during the first three years while Modified is 10%, 25%, and 50% during the first three years.

Lumico Life Final Expense Competitive Advantage

Lumico has extremely competitive pricing and offers instant decisions with immediate coverage.  There are no modal fees so there are no additional fees for paying monthly, quarterly, or semi-annual, and also no policy fees. You also have the ability to write in-person, do an e-app or over the phone, and have updated signature options. Also, you have the ability for the payment to align with social security or a specific day of the month.

What to do Next

If you are not appointed to sell this product, contact us here at Pinnacle Financial Services.  We can get you appointed and offer you a top commission on this product and all of our other carriers we have available.

Listen to a Webinar Done Exclusively by Lumico –  Lumico Life Final Expense Webinar