Most folks don’t always realize that the most affordable burial insurance is sold through independent agencies rather than through a direct insurance carrier. Why is this? Because we work with the best insurance carriers who are all competing for your business.
Add to that the most effective manner in which to get a top-notch burial insurance policy without a waiting period is to buy a policy through an agency like Insurance for Final Expense.
Let’s put it simply… When you work with an independent agency (rather than a “captive agency”), you have access to the lowest rates on burial insurance policies that come with full day-one coverage. It’s just like shopping online or at multiple retailers. Nobody wants to pay a premium for anything that on par or sub-par for the same thing.
Here’s the best part… We as an independent agency does the shopping for you.
What is a Captive Final Expense Insurance Agency?
A captive agent or agency is one that sells only their own final expense (burial insurance). They have no option but to do just that. They are obviously not going to represent their competitors. You are simply stuck with what they have available at John Hancock, State Farm, Colonial Penn, etc.
What Differentiates an Independent Insurance Agency?
An Independent Agency Represents YOU!
A qualified independent agency represents no less than 10 different burial insurance companies. At Insurance for Final Expense, we certainly meet that standard.
We Also Represent the Best of the Best Burial Insurance Carriers….
- Mutual of Omaha
- Royal Neighbors
- Prosperity Life
- Sons of Norway
- Trinity Life
- Sentinel Security Life
- Great Western
- Liberty Bankers Life
- Foresters Financial
- American Amicable
Burial insurance our number one focus. Final Expense insurance can be somewhat intricate, and requires an absolute expert agency to ensure that YOU are getting the best policy. This becomes even more vital if you have any type of a preexisting condition.
Preexisting Conditions Can Include:
- You have a terminal illness and have less than 2 years to live
- Hospice Care
- If you CURRENTLY have active Cancer
- Nursing home, hospice, etc …
- Organ transplant that has been recently done or will be done
- Heart attacks are typically accepted, unless it has occurred in the last 12 months
- Stroke last 12 months
- Heart Surgery last 12 months
- Insulin shock/diabetic coma in the last 24 months
Now most folks we deal with don’t have any of the above. Only about 15% of the folks we deal with end up in the Guaranteed Issue 2 year waiting period coverage.
Experience is key. It is extremely important that you work with an established agency, like Insurance for Final Expense.
Let’s compare for a moment a quote for a healthy non tobacco using 63 year old man from to different options. First, we will look at a captive agency. In this case, we will examine Colonial Penn as the captive agent.
Next, we will look at the option provided by Insurance for Final Expense, and Independent Insurance Agency that can shop the best policies and rates for our customers.
Let’s assume that this non tobacco using 63 year old man with good health is interested in getting a burial insurance policy with $10,000 worth of coverage. His quote from the captive agent at Colonial Penn is a bit confusing.
Colonial Penn sells their Guaranteed Acceptance Life Insurance using a units system. So, in order to get a coverage amount of $5,215, he will be required to purchase 5 units per month which results in a monthly premium of $49.75. It makes you want to scratch your head and wonder what exactly you are paying for!
Just see below… (from Colonial Penn’s website)
At Insurance for Final Expense, you will find that getting burial insurance with an independent agency is not only much less confusing, but also MUCH more affordable. If you need proof, please have a look at the instant approval carrier quote tool on our website.
At Insurance for Final Expense, we shop the best policies and work with the best burial insurance companies in the industry. That’s why we are able to give you straightforward, clearly laid out information and the best prices. I would say most 63 year olds would prefer a monthly payment of $26.00 with one of our carriers vs $49.75 for essentially the same amount of coverage.
See below… (From Insurance for Final Expense’s website)
We deliver the best in comparison shopping for Final Expense Insurance. When you work with an independent final expense insurance agency, we compare all of the prices from all of the different companies. Then we simply guide you towards which one offers you the best value without you being a policy genius.
But, when you work with a non-independent agency, like Colonial Penn, they have no options. You are stuck with their overpriced rates. But you have options when you work with an independent agency like Insurance for Final Expense.
If you need help with final expense insurance, it would be our honor to assist you. Please call us at 1-800-400-8319. If you would rather that we call you, just fill out the quote form on this page and a licensed agent will be in touch with you promptly.