Coverage is immediate. There is no waiting period, and you have 100% coverage once your policy is inforce. Must be in good health as you must answer "no" to all medical questions.
There is a waiting period. Each company is different, but instead of paying a death benefit from day one, they split it into 3 years. This plan is designed for someone who has some preexisting conditions but overall in good health.
There are no health questions you need to answer and absolutely no underwriting process whatsoever. Your coverage is guaranteed. This plan is designed for those with a challenging health history who can't qualify for a level or graded plan.
Underwriting Medial Exams are not required. No Med Exams!
Coverage is available from 18-89
Premium, rates and monthly payments will always stay the same. No rate increase!
Very affordable monthly payments.
Final expense policies are whole life insurance and accumulate cash value.
You an get coverage between $2,500 - $50,000
Your benefits will never be reduced. No decrease in coverage.
Fast approval: Since there is no exam and the underwriting process is simplified, most final expense applications can be processed in less than a week and sometimes faster.