Insurance Disclosures

Last updated: April 26, 2026

This page consolidates the licensing, compensation, product-risk, and non-deposit disclosures that apply to every quote, illustration, and policy placed through itsfinalxinsuranceali.com by Ali Taqi, a Florida-licensed insurance agent (License #W393613). It supplements (not replaces) any disclosures contained in the carrier-issued application, illustration, and policy documents you receive when you apply for coverage.

See also: Privacy Policy · Terms of Service.

Licensing

Ali Taqi is a Life & Health insurance agent licensed by the Florida Department of Financial Services (License #W393613), serving all 67 Florida counties from Naples, FL.

Verify any Florida-licensed agent at the Florida Department of Financial Services public licensee search.

Independent-Broker Status

Ali is an independent agent — not a captive agent of any single carrier. He is appointed with multiple A-rated final-expense and small-face-amount whole-life carriers; appointments change over time. Being independent means Ali recommends the carrier whose underwriting class, graded-benefit terms, and pricing best fit your age, health profile, and budget — not whichever carrier pays the highest commission.

Final Expense — Product-Specific Risk Disclosures

Final Expense (sometimes marketed as "burial insurance" or "funeral insurance") is a small-face-amount whole-life policy — typically $5,000 to $50,000 — issued on a simplified-issue or guaranteed-issue basis. It is designed to cover end-of-life expenses such as funeral, burial/cremation, final medical bills, and small debts.

The following risks apply to every final-expense policy you may apply for through this site:

• Graded death benefit in the early years. Most simplified-issue and all guaranteed-issue final-expense policies include a two-year or three-year graded benefit: if the insured dies of non-accidental causes within the graded period, the beneficiary receives only a return of premium (typically with a small interest percentage), not the full face amount. Accidental death during the graded period generally still pays the full face amount. Read the policy's graded-benefit clause carefully before signing.
• Simplified-issue pricing reflects limited underwriting. Premiums per dollar of coverage are higher than comparable medically-underwritten whole life. Simplified-issue and guaranteed-issue pricing is structured to compensate the carrier for accepting adverse-selection risk on limited underwriting.
• Face amounts are capped. Final-expense policies are designed for small face amounts. If you need $100,000+ of coverage, traditional whole-life or term policies are typically a better fit and have better dollar-per-dollar economics.
• Not a pre-paid funeral contract. The policy pays cash to your named beneficiary; it does not lock in funeral-home prices, guarantee specific funeral services, or assign benefits to any funeral home unless you separately sign a funeral-trust assignment.
• Not a bank product, not FDIC insured. See the NOT-FDIC notice above. Cash value is not a deposit and is not insured by any federal government agency.
• Policy guarantees rely on the issuing carrier. The death benefit and guaranteed cash-value schedule depend on the claims-paying ability of the issuing insurance carrier.
• Lapse risk. Missing premium payments can cause the policy to lapse. Most final-expense policies include reinstatement provisions but read your specific contract.

Final-Expense Pricing — What Drives the Rate You're Quoted

Three structural factors drive final-expense pricing more than any other final-expense site shows you. Disclosing them up front:

• Issue age. Premiums increase with age. A $10,000 policy issued at age 60 costs materially less than the same $10,000 policy issued at age 75.
• Tobacco use. Tobacco use roughly doubles per-dollar pricing across virtually every carrier in this market.
• Health class / underwriting tier. Most final-expense carriers offer 2–4 tiers (e.g., "Level," "Graded," "Modified," "Guaranteed Issue"). Tier eligibility is driven by yes/no answers to a short health questionnaire (typically 8–15 questions) and a prescription-history check. Falling into a worse tier — or onto a guaranteed-issue product — is the largest single price driver. Ali shops your specific answers across multiple carriers because tier rules differ from carrier to carrier.

How Ali Gets Paid

When you purchase a policy, the issuing carrier pays Ali a commission based on first-year premium plus smaller renewal commissions in later years. You do not pay extra for working with Ali versus going directly to a carrier — the published carrier rate already includes the distribution cost. Ali does not charge consulting fees, broker fees, or policy-preparation fees for final-expense placements. Premium is collected by the carrier through its own application system; Ali never holds or commingles customer premium funds.

Quotes Are Non-Binding

Every premium figure shown on this site or quoted by Ali is an illustration based on the information available at the time. Final premium and underwriting tier are determined by the issuing carrier after reviewing your application answers and prescription history. No coverage is in force until: (1) you sign a complete carrier application, (2) the carrier approves the application and issues a policy, and (3) the first premium specified in the policy is paid.

Complaints

If you have a concern about the service you received, please contact Ali first: (239) 800-8508 · itsinsuranceali@gmail.com.

If your concern isn't resolved, you may file a complaint with the Florida Department of Financial Services, Division of Consumer Services: myfloridacfo.com/division/consumers or 1-877-693-5236.

Contact

• Agent: Ali Taqi
• Phone: (239) 800-8508
• Email: itsinsuranceali@gmail.com
• Location: Naples, FL
• FL License: #W393613