Compare Final Expense Plans
Not all final expense plans are the same. Here is a side-by-side comparison of the most common policy types so you can choose the best fit for your situation.
| Feature |
Most Popular
Simplified Issue
|
Guaranteed Issue | Traditional Whole Life |
|---|---|---|---|
| Medical Exam | None | None | Required |
| Health Questions | A few simple questions | None | Detailed application |
| Coverage Range | $5,000 - $35,000 | $5,000 - $25,000 | $25,000+ |
| Monthly Premiums | $20 - $80/mo | $40 - $150/mo | $50 - $200+/mo |
| Waiting Period | None - immediate | 2 years (graded) | None - immediate |
| Premiums Increase? | Never | Never | Never |
| Best For | Most applicants in average health | Those with serious health conditions | Younger, healthier applicants |
Which Plan Is Right for You?
If you are in average or good health
A Simplified Issue plan is usually your best option. You will get the lowest premiums, immediate coverage, and a straightforward application process.
If you have been declined before or have serious health issues
A Guaranteed Issue plan cannot turn you down. Everyone is accepted regardless of health, though premiums are higher and there is a 2-year graded benefit period.
Not sure which is right?
That is what I am here for. I will review your specific situation and recommend the best option for your needs and budget. There is no cost and no obligation.
Find the Best Plan for You
Get a free, personalized comparison of plans from top-rated carriers.
Your information is 100% secure. We never sell your data. FL License #W393613
