![]() You should pay attention to a company’s financial strength. What is the Company’s Financial Strength? Here are a few things to consider when deciding which final expense insurance company is the best choice for you. ![]() How do I decide which company will be the best choice for me? Now before we discuss each company in detail, it is important that we answer a frequently asked question. No matter what you choose to call this product, what we are referring to is smaller permanent life insurance policies that are used to pay final expenses, funeral costs and medical bills. When we mention Final Expense Insurance, we also mean Burial Insurance and Funeral Insurance. It is important to mention something at the outset that we will cover more in depth below. $25,000 Final Expense Insurance Quotes ages 80-85Īll whole life insurance rates shown below are fixed for life and will not increase. $25,000 Burial Insurance Rates ages 70-79Īll whole life insurance quotes shown below are guaranteed to stay the same for your lifetime. $25,000 Final Expense Life Insurance Rates ages 60-69Īll whole life quotes shown below are guaranteed to stay the same for your lifetime. $25,000 Burial Life Insurance Rates ages 50-59Īll whole life rates shown below are fixed and will stay the same for your lifetime. All rates are for informational purposes, are subject to change, and must be qualified for. The following are sample $25,000 final expense insurance rates for a male. We put together some handy tables below that will give you an idea of how much final expense insurance will cost based on your age and health status. So, how much does final expense insurance cost? That is one of the most important factors that folks want to know and it is largely determined by your coverage amount. In truth, most people dread being a financial burden on their family members, so carefully considering how much coverage is needed is prudent. The coverage amount you get will be influenced by how much you want to spend on a policy, but it is important to consider end of life expenses such as medical bills, funeral costs and burial costs, and debt obligations. How Much Final Expense Insurance Do I Need? The policy contains a graded death benefit that pays out a return of premium plus 10% in the first two years, with the full death benefit available in year three and onward.Īn Accidental Death Benefit Rider is available for an additional charge. Mutual of Omaha also has a Graded Benefit Plan for ages 45-80 with face amounts from $2,000 to $20,000. This will help you pay for the final expenses you have while still alive, such as paying the funeral home in advance and making final arrangements. One great thing about this whole life final expense policy is that it comes with an accelerated death benefit rider if you are diagnosed with a terminal illness and the doctor gives you less than a year to live. In order to qualify for the policy, you will need to undergo a background check which will include medical information and running your name through the prescription drug database. Living Promise face amounts vary, ranging from $2,000 to $40,000. This policy is available for applicants from 45-85 years old. MOO has a whole life burial or final expense insurance policy called Living Promise. ![]() ![]() Mutual of Omaha (MOO) is a great option for burial insurance with no waiting period. ![]()
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