At Insurance Quote Insurance, we understand that your future is important to you. That's why we offer a range of insurance products to help you protect it. Whether you're looking for life insurance, health insurance, or business insurance, we've got you covered. Our team of experienced professionals provides you with the best insurance options tailored to your needs. Trust us to help you safeguard your future.
Final Expense
THERE WHEN YOUR LOVED ONES NEED IT MOST
Unlike an inheritance, final expenses are something none of us want to leave behind for a loved one. The goal is to share a gift — or legacy — rather than costs and expenses.
Understanding how life insurance can help with final expenses is a good place to start. Many Americans believe Social Security will pay for their final expense needs.
However, the government only pays a lump sum of $255 for those who qualify. What’s more, the Veterans Administration final expense benefit for non-service related death (if you qualify) is only $796 for a plot, plus a $300 burial allowance if not hospitalized by the VA at the time of death, or a $796 burial allowance if
hospitalized by the VA at the time of death.
START CALCULATING YOUR FINAL EXPENSES TODAY
Get a better understanding of your estimated final expenses and choose a
life insurance policy that’s fast and easy to get and fits your budget.
ONE OF OUR POLICIES THAT IS AVAILABLE
IMMEDIATE SOLUTION,
10-PAY SOLUTION, AND EASY SOLUTION
PRODUCT FEATURES
• Issue Ages:
- Immediate Solution (life paid-up at age 121) 0–85
- 10-Pay Solution (premium payable for 10 years) 0–85
- Easy Solution (graded death benefit) 18–80; In New York, 50–75
• Minimum death benefit: $1,000
• Maximum death benefit Immediate Solution and 10-Pay Solution:
- 0–55 $50,000
- 56–65 $40,000
- 66–75 $30,000
- 76–85 $25,000
• Maximum death benefit, Easy Solution: $25,000 SAFE & PREDICTABLE
• Issued by a highly-rated carrier
• Guaranteed fixed, budget-friendly premiums
• Can pay premiums with Social Security benefits using Direct Express® Debit MasterCard®
• Policy won’t be canceled as long as you make premium payments
FLEXIBLE PROTECTION
• Permanent whole life death benefit available at low issue amounts
• Income tax-free death benefit to your heirs
• Policy builds a tax-deferred cash value over time that can be borrowed against. Outstanding loans and previous withdrawals will reduce the death benefit by the balance due.
• Offers option for reduced paid-up policy if your situation changes
• Riders add additional protection with the convenience and ease of one policy
EASE & SPEED
• No exam or labs
• Automated underwriting with same-day approval possible
• Coverage can begin immediately
EXPEDITED CLAIMS
• Our claims process can pay up to $25,000 of the total death benefit to cover funeral-related or any other expenses that may arise.
IMMEDIATE SOLUTION AND 10-PAY SOLUTION
Death benefit (all states): Full amount on day one.
EASY SOLUTION (GRADED DEATH BENEFIT)
The death benefit during the first two policy years is based on the face amount for the accidental death of the insured or is limited to 110% of the sum of premiums paid (minus the loan balance) for the death of the insured from any other cause. The death benefit after the first two years is based on the face amount (minus the loan balance) for the death of the insured regardless of the cause of death.
The following riders offer customizable protection and have fees and/or require an additional premium.
ACCELERATED DEATH BENEFIT RIDERS
Available on the Immediate Solution and 10-Pay Solution at no additional premium cost:
Accelerated Death Benefit Rider with Nursing Home Benefit (NHB). (Subject to state availability.)
This rider pays the face amount, less an interest discount, less any loans, less administrative charge,
less any premiums that would be due in the next year upon diagnosis of a qualifying event or confinement in a qualified nursing home facility. This rider is not available if you need any assistance in performing daily living activities at the time of application.
Accelerated death benefits will be available when the insured has been diagnosed with a qualifying event, as described in the rider, while the policy and the rider are in force. Benefits advanced under this rider may be subject to taxation. Limitations and exclusions apply. Refer to the rider for complete details.
ACCIDENTAL DEATH BENEFIT RIDER (ADR)
Optional Rider: Available only on the Immediate Solution for issue ages 18–70. This rider provides for payment of an amount in addition to the face amount of the policy in the event of accidental death resulting directly and independently of all other causes from an accident, as defined in the rider, subject to the definitions and exclusions set out in the rider. Death must occur within 90 days from the accidental bodily injury, while the policy is in force. The additional accidental death benefit amount is equal to the base face amount.
CHILDREN’S AND GRANDCHILDREN’S BENEFIT RIDER (CGR)
Optional Rider: This rider provides level-term insurance, with a conversion feature, for the
children/grandchildren named in the rider. Available only on the Immediate Solution for issue ages of parent/grandparent 18–75 and child/grandchild issue ages 15 days old to 18 years. The minimum death benefit is $1,000, the maximum death benefit is equal to the base face amount or $5,000, whichever is less. No more than nine covered children/grandchildren may be covered under this rider.
SECURING TOMORROW
FOR YOUR LOVED ONES
While no one knows when we or a loved one will pass on, we can take steps now to help ensure that funeral costs and other final expenses will be covered when the time comes and help ensure a legacy of peace and calm.
Even if you think your age or health might make it difficult to qualify for traditional medically underwritten life insurance protection, we offer Immediate Solution, 10-Pay Solution, and Easy Solution may be able to provide you with fast, easy, predictable, and customizable coverage.
These solutions were designed to help give you and your family protection now that will be there to ease the burden when your loved ones need it most.