Showing Tag: "final expenses" (Show all posts)

Final Expense Insurance No Medical Questions

Posted by hadley hadley on Saturday, March 5, 2022, In : Life Insurance FAQ's 


Can I buy a final expense insurance policy with no medical questions asked?

Yes, if you qualify for coverage you may purchase a no medical question final expense policy.

These plans are guaranteed issue, which means there is no health exam or health questions asked.

However, guaranteed issue policies are usually available for people over 45 years of age.

You need to meet the age requirement for guaranteed acceptance on your policy.

One insurer offers guaranteed approval final expense life insuranc...


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Final Expense Insurance for Cremation?

Posted by hadley hadley on Thursday, September 10, 2020, In : Life Insurance FAQ's 

Is there final expense insurance available to pay for the cost of cremation?

Yes. In fact, several insurers now offer small life insurance policies with coverage amounts ranging from $3,000 up to $20,000 or more to help cover the cost of your final expenses.

These plans usually offer guaranteed approval for seniors which means you cannot be turned down for coverage if you meet the age requirements for approval.

And, there's no health exam required and no health questions asked.

If you don't have ...


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How to Get Low Cost Final Expense Insurance?

Posted by hadley hadley on Sunday, September 6, 2020, In : Life Insurance FAQ's 

How can I find low cost life insurance to cover my final expenses

You can visit a life insurance website that offers free quotes on final expense insurance plans.

There are several insurers that now offer small life insurance policies for seniors to help pay for their final expenses, including the cost of a burial and funeral.

For example, United of Omaha offers coverage starting at just $8.80 per month for guaranteed issue final expense life insurance plans for people between the ages of 45 to ...


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Final Expense Life Insurance for My Parents?

Posted by hadley hadley on Friday, August 17, 2018, In : Life Insurance FAQ's 

Can I buy a life insurance policy on my parents to cover the cost of their final expenses?

Yes, adult children have an insurable interest in their parents, which is required in order to purchase life insurance on someone else.

There are guaranteed issue final expense life insurance policies available for people ages 45 to 85.

So, even if your parents have health problems, they can still get insured for final expense coverage.

With guaranteed approval plans there is no health exam needed, and your...
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What is a Senior Final Expense Program?

Posted by hadley hadley on Monday, March 13, 2017, In : Life Insurance FAQ's 
A senior final expense program is a type of life insurance that provides protection to cover seniors and provide funds for their final expenses, including the cost of a funeral and burial.

Most final expense policies provide guaranteed approval for seniors, and some offer guaranteed approval for people age 45 to 85.

With final expenses coverage there's no health exam required and usually no health questions asked.

These policies can be affordable with some plans starting for as little as $8.80 p...
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Does Life Insurance Cover Funeral Costs?

Posted by hadley hadley on Sunday, December 22, 2013, In : Life Insurance FAQ's 

The beneficiary of a life insurance policy makes the decision on how to spend the proceeds of life insurance.

If you wish, you can make your funeral home one of the beneficiaries of your life insurance policy, to provide the money for your funeral costs.

The remainder of the life insurance can be left to another beneficiary, and that person can use the money as they see fit, if you wish to have a higher benefit amount for your life insurance policy.

That way, you leave some mon...


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