Burial and Final Expense
Life Insurance is Our Specialty
Life insurance is a contract between you as the policyholder and an insurance company, whereby you make monthly premium payments and the carrier promises to pay a specified amount of money ($50,000, $100,000, $1,000,000, etc.) upon your death or after a set period that is equal to the value of your policy. Most people realize the importance of life insurance, especially when it comes to settling outstanding debts and securing your family’s future. But so many don’t fully grasp how many options there are and the specific needs that can be met now and later down the line when you or your family need it most.
The term “life insurance” is really just a broad category that includes several types of insurance. And depending on your specific type of policy, age, goals, and coverage, your life insurance can also help with:
- Income replacement
- Retirement savings
- Mortgage protection
- Annuities
- Protecting a business
- Funds for your kids’ college education
- Paying off large debts (mortgage, car loans, credit cards, etc.)
- Final expenses
- Tax-deferred cash value
- Disability income
Lanier Life Insurance Group can help with all of these needs. But our specialty is burial and final expense life insurance.
The Best Burial and Final Expense Life Insurance Companies
| Rank | Insurance Company | Policy Type | Detailed Product Information |
|---|---|---|---|
| 1 |  | Whole Life Insurance (No Waiting Period) | Learn More |
| 2 |  | Whole Life Insurance (No Waiting Period) | Learn More |
| 3 |  | Whole Life Insurance (Guaranteed Acceptance) | Learn More |
| 4 |  | Whole Life Insurance (Guaranteed Acceptance) | Learn More |
| 5 |  | Whole Life Insurance (No Waiting Period) | Learn More |
| 6 |  | Whole Life Insurance (No Waiting Period) | Learn More |
| 7 |  | Whole Life Insurance (No Waiting Period) | Learn More |
| 8 |  | Whole Life Insurance (No Waiting Period) | Learn More |
| 9 |  | Whole Life Insurance (No Waiting Period) | Learn More |
| 10 |  | Whole Life Insurance (No Waiting Period) | Learn More |
| 11 |  | Whole Life Insurance (No Waiting Period) | Learn More |
| 12 |  | Whole Life Insurance (No Waiting Period) | Learn More |
Mutual Of Omaha
For more than a century, Mutual of Omaha has helped people protect what matters most: their loved ones, their health and their finances. Mutual of Omaha’s values are the attributes, behaviors and beliefs that connect Mutual associates with a common vision.
Transamerica
Transamerica Lifetime provides whole life guarantees that can be counted on, plus the ability to customize the policy to meet many needs. With our improved underwriting, it's a whole different experience for anyone who needs coverage.
Gerber Life Insurance
Gerber Life Insurance is a great way to help make sure your family will always be taken care of. Every time you make a payment, a small part goes towards your policy's cash value. You can borrow against this to help cover unexpected expenses.1 The longer you own the policy, the more cash value builds.
AIG Life Insurance
Whole Life Insurance is a way to help provide life-long financial protection for your loved ones today while setting aside money for tomorrow. This money can also be borrowed against, creating future leverage and options such as paying for college tuition, paying for future premiums, or even withdrawing the cash value amount.
Aetna Life Insurance
Aetna’s final expense is a type of whole life insurance that falls under permanent life insurance coverage. As long as you continue to pay the premiums when due, the life insurance policy is guaranteed to remain in place for the rest of your life. Premiums payments are also level, meaning that they do not increase as you age.
Foresters Financial Insurance
Plan today for your family’s future. If you’re looking for a lifetime of protection, whole life insurance may be the ideal choice for you. As the name suggests, it is insurance designed for your whole life. Some whole life insurance products can build cash value that you may borrow against to pay for things like home renovations.
Columbian Financial Group
Life's Solutions is a permanent policy with premiums payable to age 90, but your agent can help you plan ahead and achieve a reduced paid up policy in just 10 or 20 years by using the high guaranteed cash values. Life's Solutions is available in face amounts from $20,000 to $500,000 and the wide variety of optional riders allows for customized coverage to fit family needs.
F&G Annuities and Life
Fixed indexed universal life (FIUL) provides a death benefit to the policyholder’s beneficiaries in exchange for periodic premium payments to the life insurance company. In addition to a death benefit, your policy may accumulate cash value which grows based on the performance of a market-driven index.
Americo Life Insurance
Americo offers a strong portfolio of Term, Universal, and Whole Life insurance products designed to help protect you and your family through all stages of life. Our life insurance products provide solutions for the following situations:
- Help pay off the mortgage or cover mortgage payments if you pass away unexpectedly
- Help guard against loss of income
- Help protect against economic hardship caused by disability, unemployment, or a critical, chronic, or terminal illness
- Help cover your funeral and other final expenses
Royal Neighbors of America
Safeguarding the interests of our members is our highest priority. Our conservative financial management philosophy provides strength and stability. But it goes beyond that. As a not-for-profit member organization we provide money-saving discount programs for our members, and support local giving in the communities where you live. We are Insurance with a Difference℠.
Liberty Bankers Life
Final expenses can be a heavy weight to bear. Ease the burden for those who matter most. Our knowledgeable insurance agents will help you determine whether you’re getting everything you want and need from your life insurance. We’ll walk through the options that can help cover your final expenses, pay off debts and maintain your family’s lifestyle.
American-Amicable Group of Companies
Tracing its roots back to 1910, American-Amicable Life Insurance Company of Texas is a progressive special markets insurer. The Company offers innovative life insurance and annuity products developed to target the individual needs of protection, wealth creation and estate preservation. American-Amicable Life Insurance Company of Texas looks to the future with great enthusiasm.
What is final expense life insurance?
Final expense life insurance (also known as burial insurance, funeral insurance, final expense insurance for seniors, cremation insurance policy, etc.) is a very specific form of insurance that pays a lump sum amount immediately upon death to help your family cover funeral costs and other final expenses. In essence, it is a whole life policy sold in smaller amounts such as $5,000 or $25,000.
If you’re a senior, and anyone depends on you financially, having final expense life insurance in place sooner rather than later is a valuable resource for your loved ones to turn to for financial assistance when you’re gone. Burial life insurance is also an important safety net for those who have tight budgets, don’t have a savings account to cover expensive funeral costs, or are in poor health.
Coverage for these policies is pretty straightforward:
- Fixed monthly payments and coverage
- No waiting period (coverage starts on Day One)
- Tax-free payments are paid quickly, within a matter of a few days
- Often does not require a medical exam
- The policy remains in effect until you die, as long as premiums are paid
- It usually accumulates cash value
- Zero restrictions on how the money is spent
The bottom line is that funeral expenses can become very costly. According to recent statistics, the average funeral with a viewing and burial ranges from $7,000 to $12,000. Those numbers can fluctuate dramatically on a variety of factors, including the cemetery, burial markers, flowers, cremation, etc. The last thing you want is for your family to have to shoulder that burden.
Final expense life insurance for seniors covers all of these expenses and more. And the best part is that Lanier Life Insurance Group has relationships with the best burial insurance companies in the country, many of whom also offer a variety of insurance options to meet any of your other coverage needs.
Let’s take a look at a few of them.
Mutual of Omaha — This A+ insurance carrier does not have a waiting period and has been catering to the needs of individuals and their families for more than a century. We like working with them for burial life insurance because of their coverage value options ($2,000 to $40,000) and no-hassle process. You will likely qualify for final expense insurance unless you have significant health issues ranging from heart attacks to chronic illnesses. They also have a final expense estimator calculator that can be extremely helpful.
AIG — AIG has a two-year waiting period, but they offer a guaranteed issue plan. In other words, there are no health questions. They offer $5,000 to $25,000 in coverage for a fixed rate guaranteed not to increase. Living benefits are also included at no extra cost, including coverages for chronic or terminal illnesses.
Aetna — Aetna has nearly 30 years of experience working with seniors. They are unique because they offer no waiting period for final expense life insurance for seniors with health issues such as diabetes, Parkinson’s, and more. Coverage ranges from $2,000 to $50,000, and all policies are subject to underwriting approval.
Trust us when we say there is more where this came from. When you’re ready to decide to get final expense life insurance, we hope you consider Lanier Life Insurance Group. We want the policy you choose to be the right fit in every possible way while also being available for your loved ones when it’s needed most. Because of our relationships with A+ carriers nationwide, there aren’t any limits to what we can find for you.
Our life insurance knowledge doesn’t stop with burial insurance!
There are so many options to consider with your next life insurance policy. Talk to us anytime about any of the following options:
- Term Life Insurance
- Whole Life Insurance
- Indexed Universal Life Insurance
- Annuities
- Children’s Policies
Which policy is right for you?
That’s where we come in. At Lanier Life Insurance Group, we offer a no-cost policy review to ensure your existing policy isn’t set to expire and that you’re paying the right amount for your coverage needs. Sometimes, we learn that people aren’t covered near as much as they should be. If there’s a better option available, we find it. We learn about your needs, listen to your concerns, and then set you up with a product that secures your family’s future. Our solutions can meet you wherever you are in life.
Call Lanier Life Insurance Group today!
Life insurance is complex, so much that many people shy away from it entirely. Having a team like Lanier Life Insurance Group in your corner demystifies the process and ensures that your unique needs are covered and protected for years to come. Lanier Life Insurance Group is compassionate, knowledgeable, and relies on unrivaled integrity every step of the way. When it comes to your final expense life insurance coverage options, we are the only call you need to make.
"Great Life Insurance"
"Thanks, Branden Dunn, Licensed Insurance Broker, for hooking me up with a great life insurance policy."
Christopher Martin
(678) 977-9212
Financial Services Professional Specializing in Life Insurance.
• Final Expense
• Annuities
• Mortgage Protection
• Income Replacement
• Retirement Income
No medical exams, all ages accepted, And pre-existing health conditions. Call or message us to schedule a consultation.
678-977-9212