Final Expense Life Insurance
The Basics
Final Expense Insurance is a form of Whole Life Insurance. Final Expense Insurance requires No Medical Exam and most polices can be approved in about 20 minutes.
Final Expense Insurance will have death benefits that range from $2,500- $40,000. Policy premium
and death benefit are guaranteed for life and the policy will grow a small amount of cash value.
Guaranteed Issue Final Expense.
This type of insurance will ask zero medical questions and anyone between the ages of 50-80 can get approved. Policy amounts will range between $2,500 and $25,000. If death occurs during the first 2 years of the policy, all of the premium paid is returned to the beneficiary. After the policy is inforce for 2 years the full death benefit is paid out. This policy will have a rate and death benefit guarantee for life.