Services

Final Expense
Life Insurance

(What is final expense life insurance?) Final expense is a smaller permanent life insurance policy typically intended to help older adults cover funeral costs and other end-of-life expenses.

Also sometimes called “funeral insurance” or “burial insurance,” final expense life insurance typically provides a guaranteed payout to help loved ones pay for a funeral service, burial or cremation, doctor or hospital bills, or other immediate expenses after a death. Like other types of permanent insurance, final expense insurance will never expire as long as you keep up with your premiums.

Since coverage amounts are lower than other types of life insurance, like term or permanent insurance, the premiums for a final expense policy tend to be affordable. Coverage amounts can range from a few thousand dollars up to $40,000, in some cases.

Final expense insurance is easy to qualify for, with no medical exam required. As long as you fall between the age limits of 50 to 85 years old, you can often get approved for a policy within days.

Highlights

  • Permanent whole Life Policies.
  • Guaranteed fixed premiums.
  • Rates can never increase regardless of age or change in health.
  • Can pay premiums with credit card or Social Security benefits using Direct Express.
  • Policy can never cancel as long as you make premium payments.
  • No medical exams.
  • Automated underwriting with same-day approval in most cases.
  • Builds cash value. Ages 40-85.
  • Guaranteed Issue and Modified benefit plans are available.
  • Coverages available regardless of health issues.
  • Simple Application

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.

Here is the Feedback from Our Policy
Holders

“Getting coverage with them was a breeze. No medical exams, just straightforward help from their team without any other expenses.”

Simon Tofel

“Big thanks to PME and Associates for really getting what I needed. Their ‘no questions asked’ policy is what makes them the best.”

Timmy Arthur

“If you’re shopping for senior life insurance, seriously, check out PME and Associates. They provided me with a plan that fit my wallet.”

Clara Jones

“PME and Associates provided affordable insurance coverage. Super clear about everything, made me feel good about my decision.”

Niell Norman

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