There are a number of different types of final expense insurance policies available. For example, you can choose from Liberty Bankers, Royal Neighbors, and Transamerica. Each offers a different service and rate structure. It's important to choose the right one for your needs. You can find a plan that meets your needs and is affordable.
Transamerica
Transamerica offers a variety of final expense insurance plans, including an optional plan with a cash benefit for accidental death. This type of policy does not require a medical exam, and it can be approved on the same day. To get a quote, complete the company's online application. You can also call their customer service center to learn more about Transamerica's plans and services.
While there are a number of factors to consider before choosing a final expense insurance policy from Transamerica, you may find that it is the most appropriate for your needs. First of all, you will need to consider your age. Some policies offer lower premiums for younger, healthier individuals. A doctor's exam will determine if you are healthy enough to receive a large amount of coverage.
Transamerica offers three types of final expense insurance policies. You can choose from an Immediate Solution policy, which is a whole life policy that can be purchased at any age, and a Ten Pay Solution policy. The former is cheaper but has a lower maximum death benefit than the latter. However, the latter is not a good option if you do not have enough money to cover the premiums.
While there are a number of factors to consider before choosing a final expense insurance policy from Transamerica, you may find that it is the most appropriate for your needs. First of all, you will need to consider your age. Some policies offer lower premiums for younger, healthier individuals. A doctor's exam will determine if you are healthy enough to receive a large amount of coverage.
Transamerica offers three types of final expense insurance policies. You can choose from an Immediate Solution policy, which is a whole life policy that can be purchased at any age, and a Ten Pay Solution policy. The former is cheaper but has a lower maximum death benefit than the latter. However, the latter is not a good option if you do not have enough money to cover the premiums.
Liberty Bankers
Liberty Bankers offers a variety of options for final expense insurance. The company's Preferred plan starts on the first day of coverage and offers a 20 percent discount for annual payments. Unlike many other companies, however, Liberty does not offer its rates online, so you'll have to contact a representative to receive an accurate quote. Liberty Bankers also does not accept Direct Express cards or bank drafts.
Liberty Bankers also offers a modified whole life policy. This plan has a health questionnaire, and does not pay out a death benefit in the first three years. It does, however, offer a critical illness rider, which pays out up to 25% of the policy's benefits in the event of a covered illness or accident.
Liberty Bankers assesses eligibility in four ways. First, agents ask health-related questions, reference a build chart, and electronically check prescription history and MIB records. Then, after reviewing the information, they conduct an interview over the phone. This allows clients to have an agent meet them at home or in a public place that's convenient.
Liberty Bankers also offers a modified whole life policy. This plan has a health questionnaire, and does not pay out a death benefit in the first three years. It does, however, offer a critical illness rider, which pays out up to 25% of the policy's benefits in the event of a covered illness or accident.
Liberty Bankers assesses eligibility in four ways. First, agents ask health-related questions, reference a build chart, and electronically check prescription history and MIB records. Then, after reviewing the information, they conduct an interview over the phone. This allows clients to have an agent meet them at home or in a public place that's convenient.
Royal Neighbors
If you are looking for an affordable final expense insurance plan, consider Royal Neighbors. The company's plan offers the most protection for the least cost. Their plan is offered for individuals age 50 and older, and has competitive rates. It also offers individualized insurance riders to address your specific circumstances.
The company has an excellent track record and has been in business for more than 120 years. It also provides charitable support to communities around the country. Lastly, it boasts some of the best financials in the industry. In addition to offering two types of final expense insurance plans, the company offers member discounts. For example, members can receive discounts on diagnostic tests and prescriptions. Members can also benefit from educational webinars.
Royal Neighbors has a comprehensive interview process that caters to applicants with health conditions. For example, its burial insurance plan is one of the most diabetic-friendly. However, one issue with this plan is that it doesn't have a build chart, which many insurers do. Because of this, obese applicants may have trouble getting a policy with Royal Neighbors.
The company has an excellent track record and has been in business for more than 120 years. It also provides charitable support to communities around the country. Lastly, it boasts some of the best financials in the industry. In addition to offering two types of final expense insurance plans, the company offers member discounts. For example, members can receive discounts on diagnostic tests and prescriptions. Members can also benefit from educational webinars.
Royal Neighbors has a comprehensive interview process that caters to applicants with health conditions. For example, its burial insurance plan is one of the most diabetic-friendly. However, one issue with this plan is that it doesn't have a build chart, which many insurers do. Because of this, obese applicants may have trouble getting a policy with Royal Neighbors.
