How It Works

How Does Final Expense Life Insurance Work?

Final expense life insurance is different from most kinds of life insurance, which people usually buy to replace their income and cover their family’s long-term financial needs in case they die.

There are two types of final expense insurance:

Simplified issue final expense insurance. Simplified issue is best for people in relatively good health who are looking for a way to cover end-of-life costs. The application includes a few health questions, but there’s no medical exam required. Coverage amounts for simplified issue typically go up to $40,000. Learn more about RAPIDecision® Final Expense from Fidelity Life here.

Guaranteed issue final expense insurance. Guaranteed issue is for best for people whose age or health prevents them from buying other types of life insurance coverage. There are no health requirements at all with guaranteed issue, so anyone who meets the age requirements can typically qualify. Coverage amounts generally go up to $25,000.

Safe & Predictable Solutions
We have a safe and predictable solution for individuals seeking financial security. Issued by a highly-rated carrier, it assures reliability and trustworthiness. With guaranteed fixed, budget-friendly premiums, policyholders can plan their finances with confidence, knowing their premium amounts won’t fluctuate unexpectedly.
Moreover, the convenience of paying premiums with Social Security benefits using Direct Express® Debit Master Card® ensures ease of payment.
Note: The policy won’t be canceled as long as premium payments are made, providing peace of mind and long-term stability for policyholders and their beneficiaries.

Same-day Approval and Immediate Coverage
Our insurance process eliminates the need for cumbersome exams or lab tests. Through automated underwriting, we offer the possibility of securing approval on the same day of application. Once approved, coverage can commence immediately, ensuring prompt protection for you and your loved ones without unnecessary delays or hassles.

Fast-Track Claims for Financial Relief
We provide quick assistance during difficult times. With us, beneficiaries can receive up to $25,000 of the total death benefit promptly, helping cover funeral-related expenses or any other immediate financial needs that may arise. This streamlined process ensures that loved ones can access necessary funds quickly and efficiently, offering peace of mind during a challenging period of transition.