4. Transamerica
At Transamerica, you can be accepted no matter your current age or health. They offer three policies so that you can choose what is best for you and your family: Immediate Solution, 10 Pay Solution, Easy Solution. With all three of these policies, there is no waiting period— you are covered immediately, and your premiums will never increase. This means that you will not have to pay more just because you are getting older.
This company does not quote using their website, so if you’d like to learn more click here to find an agent near you and discuss your options.
You’ll know that you can trust this company because Transamerica received A ratings across the board from all four reports.
3. United Heritage
With A.M. Best gave United Heritage an A- (Excellent) rating for Best Company, United Heritage is another lesser-known company that has great benefits for your and your family. They offer different types of final expense policies so that you can choose what will work best depending on your specific situation.
The Protector Whole Life is a whole life policy with a death benefit with premiums up until the age of 121. It is issued to ages 0-85, which makes it great for a lot of people looking for simple and affordable final expense insurance. This policy also offers riders such as The Accidental Death Benefit, and the Children’s Term Rider. Also included in the policy is the Accelerated benefit where, if you fall terminally ill, a portion of this policy may be able used help you.
To learn about all of their policies click here.
2. Gerber Life Guaranteed
This program is as good as it sounds and Gerber has received solid A ratings from both A.M. Best and S&P. Just like the title says, you are guaranteed acceptance if you are in between the ages of 50 and 80. Your application can be completely quickly online so that you won’t have to waste any time or money traveling anywhere and you will also get to choose between amounts of coverage so you’re not forced into anything you don’t need. Another great benefit of using Gerber Life Guaranteed is that your policy will accumulate money, so the longer you have the policy, the more money you will make for your future and the future of your loved ones.
1. Principal
Principal received all A ratings from A.M. best, Fitch, Moody’s, and S&P, making it a reliable choice for your final expense insurance needs. Their permanent life insurance options offer the ability to use the money received after the passing of the insured to be used for final expenses of any kind. Their Universal Life Insurance offers death benefits with flexible premiums to fit your budget. This policy will also accumulate cash with a minimum interest rate guaranteed. The Variable Universal Life Insurance policy allows you to access your accumulated cash and convert it into extra income. Lastly, The Survivorship Insurance policy covers two lives at once.
Visit any of the above websites to find an insurance agent that can help you decide which is the right policy for you.
“Featured Image All Rights Reserved: Photo by drippycat (Pixabay)”
