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.
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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.