Guaranteed Issue Whole Life Insurance for Final Expenses
Guaranteed Issue Whole Life is a type of Final Expense Life Insurance designed to provide $5,000 to $25,000 in coverage at a fixed rate. Specifically created for seniors ages 50 to 80, this policy ensures financial security for end-of-life expenses.
Key Benefits
✅ Affordable Premiums – Starting at $22 per month for a $5,000 policy (based on a 50-year-old female; rates vary by age, gender, and coverage amount).
✅ Guaranteed Rates – Your premium will never increase over time.
✅ No Medical Exam or Health Questions – Automatic approval, regardless of health status.
Living Benefits at No Extra Cost
This policy includes valuable living benefits:
✅ Chronic Illness Coverage – If the insured cannot perform two of six daily living activities (bathing, dressing, eating, toileting, continence, or transferring) or suffers from a severe cognitive disease like Alzheimer's, all paid premiums will be returned.
✅ Terminal Illness Coverage – If diagnosed with a terminal condition with a life expectancy of 24 months or less, the insured can receive 50% of the death benefit in advance.
Fast & Simple Process
✅ Coverage can be finalized within 48 hours of application.
✅ Apply online or speak with a licensed agent for guidance.
For more details or to begin your application, call Cardinal Financial and Insurance Group today at 919-357-6971!
According to the National Funeral Directors Association (NFDA), the median cost of a funeral with viewing and burial in 2021 was $7,848, and costs continue to rise each year. From 2019 to 2021, there was a 13% increase to the median funeral cost.
Additional costs, like credit card debt and medical expenses, can also be subsidized through Final Expense Insurance, giving you and your loved ones added peace of mind in the event of your passing.
Frequently Asked Questions About Final Expense Insurance
Can I Buy Final Expense Insurance for My Parents?
✅ Yes! You can purchase final expense life insurance for your parents, but certain criteria must be met. You’ll need their permission and may have to show that their passing would financially impact you.
Common Financial Impacts:
📌 Funeral or Cremation Expenses – Avoid unexpected out-of-pocket costs.
📌 Outstanding Debts – Cover loans or credit accounts you co-signed.
📌 Inheritance-Related Costs – Manage home, mortgage, or estate expenses.
📌 Care for a Surviving Parent – Ensure financial stability for a loved one.
Why Choose Final Expense Insurance?
✔️ Affordable & Flexible – Plans designed to fit various budgets.
✔️ Peace of Mind – No financial burden on your family.
✔️ Quick Payouts – Funds available when needed most.
🔍 Explore Plans Today!
Final expense insurance ensures your loved ones are taken care of. Don’t wait—secure peace of mind today!
At Cardinal Financial and Insurance Group, our knowledgeable agents can help you determine if you qualify to take out a policy for your parents and what proof may be required.
To learn more or discuss your options, call us at 919-357-6971 today!
Guaranteed Issue Whole Life Insurance: What You Need to Know
What Are the Age Requirements?
📌 Cardinal Financial and Insurance Group offers Guaranteed Issue Whole Life Insurance for individuals aged 50 to 80. No medical exam required—just guaranteed coverage for peace of mind.
🔍 Check Your Eligibility → [Get a Free Quote]
How Can the Benefits of My Final Expense Insurance Policy Be Used?
The payout from a Guaranteed Issue Whole Life Insurance policy can help ease financial burdens. It can be applied to:
✅ Funeral Expenses – Burial or cremation costs
✅ Medical Bills – End-of-life care expenses
✅ Remaining Financial Obligations – Any outstanding debts
💡 Ensure your loved ones aren’t left with unexpected expenses.
🔎 See Coverage Options → [Explore Plans]
Final Expense Insurance vs. Term Life Insurance
💰 Term Life Insurance: Designed to replace lost income for beneficiaries.
⚰️ Final Expense Insurance: Specifically covers end-of-life costs, such as funerals and outstanding bills.
📢 Which is right for you? Let’s find out! → [Compare Policies]
Can I Get Final Expense Insurance if I Smoke?
✅ Yes! Tobacco users are eligible for coverage, but premiums may be higher than for non-smokers.
💨 Smoker? No Problem! → [Get Your Rate]
What Happens If There Are Extra Funds After My Final Expenses Are Paid?
Any remaining payout goes directly to your primary beneficiary, who can use the excess funds however they see fit—whether for personal expenses, savings, or other financial needs.
📌 Want to learn more about beneficiary options? → [Talk to an Expert]
🔹 Secure Your Family’s Future Today! 🔹
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✅ No medical exams. No hassle. Just guaranteed coverage for peace of mind.
Final Expense Insurance, also known as Final Expense Life Insurance or Senior Life Insurance, can help protect your family against the growing costs associated with funeral expenses, burials, and final interment.
Is Final Expense Life Insurance Right for You?
Final Expense Life Insurance offers financial security for seniors, retirees, and individuals with underlying or chronic health conditions. Designed for those aged 50 to 80, this policy guarantees coverage with no medical exams or health questions, and premiums remain fixed as long as payments are made.
To ensure your benefits are used as intended, it's important to name a beneficiary—and, if possible, designate secondary and tertiary beneficiaries. Additionally, outlining your wishes in a will and testament can provide further clarity. Notifying your beneficiaries in advance helps them understand their role when the time comes.
For more information or to discuss your options, call Cardinal Financial and Insurance Group at 919-357-6971 today!