$17,000 Final Expense Quotes


$17000 final expense quotesAs the name suggests, Final Expense Insurance is an insurance policy designed to pay for expenses related to a funeral, either traditional or cremation, and other expenses that might be left for surviving loved ones to pay for. The insurance policy is the funding vehicle that provides money for the beneficiary (surviving loved one) to pay all expenses associated with a memorial, funeral, burial and other expenses.


What Type of Insurance Should I Purchase?

Although term insurance is cheaper to purchase, it’s typically not the best type of insurance to use for final expenses because it has an expiration date, no cash value, no living benefits, and the insured can outlive the coverage.

A better type of insurance to use for final expenses is whole life insurance. In fact, whole life insurance is the typical product used to fund most final expense policies because of the many benefits offered by the policy.

  • Whole life is permanent insurance as long as the periodic premium is paid. It is guaranteed, cannot be canceled by the insurer (other than for non-payment), and the premium remains the same throughout the life of the policy.
  • A whole life policy contains a cash value account that earns interest on a tax-deferred basis. The cash account can be accessed by the policyholder in the event of a financial emergency or any other reason the policyholder chooses.
  • The policyholder is allowed to withdraw the accumulated cash via tax-free loans that do not have to be repaid (will be deducted from the death benefit), or by policy withdrawals or a partial or total surrender of the policy.
  • A whole life policy that is used as funeral or final expense insurance, can be issued to applicants up to 85 years old.
  • Many insurers offer “guaranteed issue” policies that do not require a medical exam or have medical questions on the application. These policies generally contain a two or three year waiting period before the full death benefit will be paid.
  • Most insurers also offer a product known as “Simplified Whole Life.” This policy is similar to traditional Whole Life, but only includes medical questions about the applicant and no medical exam is required. It can be especially attractive for applicants who do not wish to undergo a medical exam.


How much Final Expense Insurance do I Need?

$17,000 final expense quotes

Your final expense insurance needs depend on the unpaid expenses you expect to leave when you die. The National Funeral Directors Association reports that a moderately priced traditional funeral will cost about $10,000 and cremation will cost about half as much.

Other expenses that should be considered are debts resulting from nursing home care, outstanding medical bills and other debts that you may want a surviving loved one to pay on your behalf.

Since your situation is likely to differ from others, contact an experienced and reputable insurance broker to discuss the various final expenses that you may want to deal with. Whether your needs are to cover just a funeral or other final expenses, your solution is more than likely to be found in a Final Expense Insurance policy.


How Much does Final Expense Insurance Cost?

Just like other life or health insurance products, the rates for a final expense insurance policy are based on the age and health of the applicant. Typically, when as applicant qualifies for level benefits with first-day coverage, the rates will be substantially lower than a graded benefit or guaranteed issue policy where there is a waiting period before the company will pay the full death benefit for death due to natural causes.


Here are the rates for $17,000 Final Expense Quotes with a Level Benefit:

$17,000 final expense quotes


This rate chart represents actual $17,000 Final Expense Quotes for Level Benefit and First-Day coverage policy. Please use our quote form on the right side of the page to get an accurate quote based on your actual age.


$17,000 final expense quotes


There are Alternatives if you don’t Qualify

If you’re shopping your Final Expense quotes with an independent insurance broker like Docktors Insurance, you can automatically apply for a guaranteed issue life insurance policy. A guaranteed issue insurance policy benefits those applicants who are unable to purchase traditional final expense insurance because of serious or multiple health issues.

The difference between level benefit (traditional) final expense coverage and guaranteed issue insurance coverage is as follows:

  • Death Benefit – Insurance carriers usually limit the amount of coverage that can be purchased with a guaranteed issue policy. Face amounts are typically limited to $20,000.
  • Waiting Period – A guaranteed issue policy will have a waiting period of two or three years when the full death benefit is reduced to the total premiums paid plus an additional 5 or 10% if the insured’s death is the result of natural causes. Once the waiting period has expired, the full death benefit will be paid for a death resulting from natural or accidental causes.
  • Minimal Medical Underwriting – Since there literally no medical underwriting used when purchasing a guaranteed issue insurance policy, virtually any living person who qualifies by age will be issued a policy.
  • Higher Rates – Since the insurance company is accepting an unknown medical risk, the insurance company is entitled to charge higher rates.


Here are the rates for $17,000 Final Expense Quotes that are Guaranteed Issue:


AIG American General Life Insurance

This chart represents $17,000 Final Expense Quotes with guaranteed issue coverage. For an accurate quote based on your actual age, please use our quote form to the right of this article.


Contact Us Today!
For more information about Final Expense Insurance, call the professionals at Docktors Insurance at 888-773-1181 during normal business hours, or contact us through our website at your convenience.


$11,000 Final Expense Quotes

$11,000 final expense quotes

Most men and women look at life insurance as a means of replacing their income stream when they die to support their surviving loved ones financially. Then again, it is not always about loss of an income stream. Since burials and funerals typically cost a lot more than most folks assume they do, it is essential to comprehend solutions like Final Expense insurance.

After all, the actual purpose of life insurance is making certain your loved ones are financially taken care of after you pass away and don’t have to alter their lifestyle dramatically. To be confronted with unexpected expenses after your death could undoubtedly get in the way.

There are certainly many options for obtaining life insurance coverage; each has distinct advantages and disadvantages. Not every single individual requires the substantial coverage that many life insurance policies offer. For some of those individuals, final expense insurance could very well be the ideal option, but there are generally multiple different aspects that you ought to think about when you’re searching for life insurance.

What are Final Expenses Anyway?

Simply put, your final expenses are the costs that are associated with services you required just before and immediately after you passed away. These expenses generally include the costs of your funeral and burial (or cremation), unpaid nursing home bills, unpaid medical bills (copayments and coinsurance), and any of your debts that could be transferred to your spouse or other surviving loved ones.

In most cases, the cost of the funeral, cemetery plot, and burial will be the most expensive. Most people simply don’t understand the current costs of burying a loved one. Just take a few minutes and visit some online funeral estimate services provided by Parting.com, Everplans.com, and BurialPlanning.com.

Spending just a little time and doing some online footwork will typically open the eyes of any consumer about how the cost of dying has increased over the last twenty years. There is a silver lining however, consumers can actually shop for their funeral service and negotiate the prices down. This funeral shopping was very rare in the past because shopping a half-dozen funeral homes before you buried a loved one seemed rather tasteless.

It’s a little more difficult to predict non-funeral expenses like unpaid nursing home expenses or outstanding debt unless you have a pretty good idea when your passing will take place. Most people do admit, however, the funeral expenses were much higher than they anticipated and pretty much consumed the majority of the policy’s death benefit.

The important thing here is that you don’t want to leave the cost of your funeral to your family and friends. You want to take care of these costs in advance, and final expense insurance is the most affordable method to do that.

Should I use Term or Whole Life for My Final Expense Insurance Policy?

The short answer is “it depends.” There are pros and cons to each type of insurance product when you consider why you are using it. Term life insurance is certainly less expensive than whole life insurance (that’s a pro), but there are some drawbacks:

  • Term insurance is temporary, and you can easily outlive your insurance policy
  • The most affordable term insurance generally requires a lot of medical questions, a medical exam, and a blood and urine analysis.
  • Term life insurance can be more difficult to qualify for, especially if you are over fifty and have some medical issues.

Whole life insurance is the foundation that most final expense insurance policies are built on, and there are several reasons why:

  • Whole life is permanent insurance and will stay in force for life as long as the premiums are paid. It is guaranteed.
  • The periodic premiums for a whole life policy cannot be changed by the insurer once the policy is issued. The premiums will not go up as you get older or if you become ill.
  • Whole life insurance builds cash value over the life of the policy which is available to the policyholder through policy loans. If you have an emergency and need some quick cash, your cash value is like a bank, and you have the keys.
  • Whole life final expense insurance generally never requires a medical exam and can be issued very quickly with little to no underwriting aggravation.

How much is My Final Expense Insurance Going to Cost?

We can’t certainly help with that. As an independent insurance broker, Docktor’s Insurance represents the top-rated insurance companies that offer Final Expense Insurance. In fact, we have listed below the best rates for $11,000 Final Expense Insurance.

Please review the following assumptions before you review our rate chart:

 Rates are based on $11,000 final expense insurance coverage

  • Rates are based on non-smokers. Those who smoke will pay a lot more insurance premiums.
  • The monthly rates are determined by your age group. For a quote based on your exact age, simply fill out our instant quote form.
  • We represent many highly-rated life insurance companies but feel this selection will provide an accurate picture of the premium you can expect to pay.

liberty bankers life

 liberty bankers final expense insurance quotes


As you may have noticed, we listed rates from Mutual of Omaha in the 80 and 85-year-old age group because the rates are more competitive. This is one of the many perks of shopping with an independent agent who represents multiple insurance companies. These rates are for insurance with a level benefit that provides first-day coverage.

Can I be Declined?

Although final expense insurance policies do not require a medical exam or blood and urine tests, you can be declined based on the answers you provide to the health questions on the application. In this case, Docktor’s Insurance will recommend guaranteed issue life insurance and we have provided the rates below.

gerber life insurance final expense insurance quotes

Gerber final expense insurance quotes

As you will notice, the rates for guaranteed issue life insurance are considerably higher than the level benefit final expense insurance. Since a guaranteed issue policy does not take any health information into consideration, the insurer is accepting an unknown health risk and will charge more for the riskier applicant.

There are other caveats that you should be aware of with guaranteed issue insurance, so be sure and speak with one of our insurance professionals so you can make an informed decision.

For more information about final expense life insurance and to receive a free and confidential final expense insurance quote, call the insurance professionals at Docktor’s Insurance at 888-773-1181 during normal business hours, or contact us through our website at your convenience.
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