Final Expense Life Insurance is a family planning tool designed to protect and benefit your loved ones when you pass away. When an individual passes, a family is faced with a great deal of work and numerous bills and expenses. Final Expense Life Insurance provides an instant death benefit that enables your loved ones to have a clear plan and source of funds to handle these costs, allowing an appropriate and effective environment to come to peace and celebrate the life of their loved one.

• Final expense insurance is always a type of whole life insurance, which is a form of permanent life insurance. Unlike term insurance, which only pays off if you die during the “term” of the policy, a whole life policy remains in effect for your entire life, guaranteeing that the benefit will be there no matter how long you live (as long as you continue to pay your premiums).

• With a level benefit whole life insurance, the premiums and the death benefit are guaranteed to remain the same for as long as you keep the policy in effect.

• A whole life policy also comes with guaranteed cash values that grow over time on a tax-deferred basis. If necessary, you can access your cash account for a variety of purposes. The death benefit paid to your beneficiaries will always be tax free.

The largest single 'final expense' will often be your funeral arrangements. However, a policy may also provide the immediate cash benefit for:

• Medical Bills

• Probate Expenses/ Settlement of Financial Matters

• Past Due Bills, Accounts, Debts

• Continuing Lost Income for Your Family

• Passing on a Tax-Free Inheritance

Easy-to-Use Guide and Calculator to help you determine an appropriate amount for you and your family can be found at: Clarity Life Ins Family Benefit Calculator

The average face amount (Death Benefit) of a Final Expense Life Insurance policy in 2015 is about $14,776, however, everyone’s situation is unique. A good guide is to start with the estimated cost of the funeral service of your choice and then to add the additional benefits you would like to leave to your loved ones. The calculator above helps you do this. It is important to remember that funeral and burial costs have consistently increased over time.

• The average funeral cost today is $9,343.

• Additional fees for cemetery, monument, flowers, & obituaries can increase this cost to nearly $12,000.

• When considering the cost increases over the past 40 years, with an estimate of 5% inflation per year, by 2030 the cost would rise to $18,276.

• The Social Security Death Benefit only provides a lump sum benefit of $255 for those who qualify.

Rates for a final expense insurance policy will vary depending on several factors; mainly your age, gender, current health, and the amount of coverage being insured. The average premium for policies in 2015 is less than $54 a month.

The sooner the better, and the sooner the cheaper. Life Insurance policy premiums go up in price the older you are at the time that you first initiate your policy. Insurers typically offer Final Expense policies to those between the ages of 50 and 85. A few insurers offer coverage to those who are over age 85. The average issue age for those purchasing Final Expense Insurance in 2015 is 64 years old.

No your premiums are guaranteed to stay the same. Once you have purchased a final expense insurance policy, your premiums will remain fixed for the entire life of the policy. Policies and premiums are issued based on your current age and health and will not change or increase as you get older or if you get sick or injured.

A final expense life insurance policy is permanent life insurance, so the coverage is guaranteed to last for your entire life, no matter what age you live to. Once you pass away, your beneficiaries will receive a cash payout of the amount of your policy (known as the Death Benefit), which can be used to pay for your funeral and memorial services, unpaid bills or debts, other expenses, or can be left as a gift or inheritance. A final expense life insurance policy will not expire and can only be cancelled if you stop paying your monthly premiums.

It is your choice. There are both “Health Underwritten” policies and “Guaranteed Issue” policies. If you have a positive health history it is beneficial to complete the health underwriting, as this will insure your death benefit goes into effect immediately upon approval and will give you access to the lowest priced policies. If you have major health concerns or simply do not want to disclose any of your personal health information, you will still be able to qualify for full and permanent whole live policy at competitive prices with a “Guaranteed Issue” policy, however these policies will often have a reduced death benefit in the first two years.

“Health Underwritten” policies require some basic health questions to be answered and often a brief phone call directly with the insurance carrier- this entire approval process is simplified and streamlined for you by our team at Clarity Life Ins. If approved for a “Health Underwritten” policy, also known as Level Benefit plans, your full death benefit amount is immediately in force for your loved ones.

“Guaranteed Issue” final expense policies do not require any health information to be provided and guarantee your approval for coverage regardless of your health. In the past it has been very challenging for those with health issues to find an affordable option for coverage. Clarity Life Ins has engineered our service to specifically fix this problem. With our “Guaranteed Issue Policy MarketPlace” we have organize a service for you to clearly and easily see and view the best prices for all of the top companies offering this type of policy.

No, Final Expense insurance is just a type of whole life insurance with death benefits between $5,000 and $50,0000, and which is primarily aimed at protecting your loved one’s from the burdensome costs that often come with passing away.

Final Expense Life insurance is designed to be a permanent solution to take care of a permanent goal. This means when you put your policy in place it is intended to last your entire life, which could be a very long time, so making sure you get the best price on your coverage when you first put your policy in place can add up to a lot of savings over your lifetime.

In the past it was very difficult for people to make sure, or even identify, if they were getting the best price on their policy. There are a lot of insurance companies and a lot of options to choose from so it was nearly impossible to figure out the prices for each one. Now however, online resources make it easy for you to compare various providers from your home, comfortably, clearly and confidentially.

By researching an securing your policy with an online service, you will benefit from transparency of the marketplace that allows you to compare various insurance carriers and policies and ensure that you have decided on the best priced and most suitable option for you and your family. It also gives more power to the consumer by allowing online consumers to plug in various policy options, plan types, and coverage amounts to really show individuals and families the plans that best fit the needs of their own specific situation and budget. In addition, learning about, identifying and purchasing your coverage online eliminates the distressing pressure of pushy salesman and unwanted strangers in your home who may make you feel rushed into a decision.

The world-changing rise of the Internet has made shopping clear, convenient, and efficient for just about anything you can imagine. Today, people are even purchasing cars and homes online. This world-changing rise has now reached the world of insurance coverage for senior citizens in America.

Best Prices. Best Service. Most convenience.

Clarity Life Ins is the premier online insurance education and price comparison service for seniors in America. It has been engineered to provide the most clear, comfortable, and effective pathway to truly understanding your options, identifying the most competitively priced plans in the marketplace, streamlining your application and approval process, and providing an unprecedented level of organization and management after your plan is in place.

Final Expense Life Insurance is a family planning tool designed to protect and benefit your loved ones when you pass away. When an individual passes, a family is faced with a great deal of work and numerous bills and expenses. Final Expense Life Insurance provides an instant death benefit that enables your loved ones to have a clear plan and source of funds to handle these costs, allowing an appropriate and effective environment to come to peace and celebrate the life of their loved one.

• Final expense insurance is always a type of whole life insurance, which is a form of permanent life insurance. Unlike term insurance, which only pays off if you die during the “term” of the policy, a whole life policy remains in effect for your entire life, guaranteeing that the benefit will be there no matter how long you live (as long as you continue to pay your premiums).

• With a level benefit whole life insurance, the premiums and the death benefit are guaranteed to remain the same for as long as you keep the policy in effect.

• A whole life policy also comes with guaranteed cash values that grow over time on a tax-deferred basis. If necessary, you can access your cash account for a variety of purposes. The death benefit paid to your beneficiaries will always be tax free.

The largest single 'final expense' will often be your funeral arrangements. However, a policy may also provide the immediate cash benefit for:

• Medical Bills

• Probate Expenses/ Settlement of Financial Matters

• Past Due Bills, Accounts, Debts

• Continuing Lost Income for Your Family

• Passing on a Tax-Free Inheritance

Easy-to-Use Guide and Calculator to help you determine an appropriate amount for you and your family can be found at: Clarity Life Ins Family Benefit Calculator

The average face amount (Death Benefit) of a Final Expense Life Insurance policy in 2015 is about $14,776, however, everyone’s situation is unique. A good guide is to start with the estimated cost of the funeral service of your choice and then to add the additional benefits you would like to leave to your loved ones. The calculator above helps you do this. It is important to remember that funeral and burial costs have consistently increased over time.

• The average funeral cost today is $9,343.

• Additional fees for cemetery, monument, flowers, & obituaries can increase this cost to nearly $12,000.

• When considering the cost increases over the past 40 years, with an estimate of 5% inflation per year, by 2030 the cost would rise to $18,276.

• The Social Security Death Benefit only provides a lump sum benefit of $255 for those who qualify.

Rates for a final expense insurance policy will vary depending on several factors; mainly your age, gender, current health, and the amount of coverage being insured. The average premium for policies in 2015 is less than $54 a month.

The sooner the better, and the sooner the cheaper. Life Insurance policy premiums go up in price the older you are at the time that you first initiate your policy. Insurers typically offer Final Expense policies to those between the ages of 50 and 85. A few insurers offer coverage to those who are over age 85. The average issue age for those purchasing Final Expense Insurance in 2015 is 64 years old.

No your premiums are guaranteed to stay the same. Once you have purchased a final expense insurance policy, your premiums will remain fixed for the entire life of the policy. Policies and premiums are issued based on your current age and health and will not change or increase as you get older or if you get sick or injured.

A final expense life insurance policy is permanent life insurance, so the coverage is guaranteed to last for your entire life, no matter what age you live to. Once you pass away, your beneficiaries will receive a cash payout of the amount of your policy (known as the Death Benefit), which can be used to pay for your funeral and memorial services, unpaid bills or debts, other expenses, or can be left as a gift or inheritance. A final expense life insurance policy will not expire and can only be cancelled if you stop paying your monthly premiums.

It is your choice. There are both “Health Underwritten” policies and “Guaranteed Issue” policies. If you have a positive health history it is beneficial to complete the health underwriting, as this will insure your death benefit goes into effect immediately upon approval and will give you access to the lowest priced policies. If you have major health concerns or simply do not want to disclose any of your personal health information, you will still be able to qualify for full and permanent whole live policy at competitive prices with a “Guaranteed Issue” policy, however these policies will often have a reduced death benefit in the first two years.

“Health Underwritten” policies require some basic health questions to be answered and often a brief phone call directly with the insurance carrier- this entire approval process is simplified and streamlined for you by our team at Clarity Life Ins. If approved for a “Health Underwritten” policy, also known as Level Benefit plans, your full death benefit amount is immediately in force for your loved ones.

“Guaranteed Issue” final expense policies do not require any health information to be provided and guarantee your approval for coverage regardless of your health. In the past it has been very challenging for those with health issues to find an affordable option for coverage. Clarity Life Ins has engineered our service to specifically fix this problem. With our “Guaranteed Issue Policy MarketPlace” we have organize a service for you to clearly and easily see and view the best prices for all of the top companies offering this type of policy.

No, Final Expense insurance is just a type of whole life insurance with death benefits between $5,000 and $50,0000, and which is primarily aimed at protecting your loved one’s from the burdensome costs that often come with passing away.

Final Expense Life insurance is designed to be a permanent solution to take care of a permanent goal. This means when you put your policy in place it is intended to last your entire life, which could be a very long time, so making sure you get the best price on your coverage when you first put your policy in place can add up to a lot of savings over your lifetime.

In the past it was very difficult for people to make sure, or even identify, if they were getting the best price on their policy. There are a lot of insurance companies and a lot of options to choose from so it was nearly impossible to figure out the prices for each one. Now however, online resources make it easy for you to compare various providers from your home, comfortably, clearly and confidentially.

By researching an securing your policy with an online service, you will benefit from transparency of the marketplace that allows you to compare various insurance carriers and policies and ensure that you have decided on the best priced and most suitable option for you and your family. It also gives more power to the consumer by allowing online consumers to plug in various policy options, plan types, and coverage amounts to really show individuals and families the plans that best fit the needs of their own specific situation and budget. In addition, learning about, identifying and purchasing your coverage online eliminates the distressing pressure of pushy salesman and unwanted strangers in your home who may make you feel rushed into a decision.

The world-changing rise of the Internet has made shopping clear, convenient, and efficient for just about anything you can imagine. Today, people are even purchasing cars and homes online. This world-changing rise has now reached the world of insurance coverage for senior citizens in America.

Best Prices. Best Service. Most convenience.

Clarity Life Ins is the premier online insurance education and price comparison service for seniors in America. It has been engineered to provide the most clear, comfortable, and effective pathway to truly understanding your options, identifying the most competitively priced plans in the marketplace, streamlining your application and approval process, and providing an unprecedented level of organization and management after your plan is in place.

It is your choice. There are both “Health Underwritten” policies and “Guaranteed Issue” policies. If you have a positive health history it is beneficial to complete the health underwriting, as this will insure your death benefit goes into effect immediately upon approval and will give you access to the lowest priced policies. If you have major health concerns or simply do not want to disclose any of your personal health information, you will still be able to qualify for full and permanent whole live policy at competitive prices with a “Guaranteed Issue” policy, however these policies will often have a reduced death benefit in the first two years.

“Health Underwritten” policies require some basic health questions to be answered and often a brief phone call directly with the insurance carrier- this entire approval process is simplified and streamlined for you by our team at Clarity Life Ins. If approved for a “Health Underwritten” policy, also known as Level Benefit plans, your full death benefit amount is immediately in force for your loved ones.

“Guaranteed Issue” final expense policies do not require any health information to be provided and guarantee your approval for coverage regardless of your health. With this type of the policy the insurance company offering the coverage does not ask you any health related questions at all, not even about tobacco use, or prior declines or rejections of coverage. In the past it has been very challenging for those with health issues to find an affordable option for coverage. Optavise has engineered our service to specifically fix this problem. With our “Guaranteed Issue Policy MarketPlace” we have organize a service for you to clearly and easily see and view the best prices for all of the top companies offering this type of policy.

It depends on the type of policy you would like to apply for and which health conditions are in question. Optavise partners with several providers that offer Guaranteed Issue Whole Life Insurance, which is guaranteed acceptance-no medical questions or health exam. For most other life insurance plans, your health does affect the price. Depending on your health status (which can be quickly outlined by Optavise innovative and convenient health categories system), Optavise was built to intelligently scan the marketplace to find you the best priced options for your specific health scenario. For example, there will be a difference in policies for someone who is a heavy smoker with a heart condition compared to someone who has never smoked but has diabetes.

Since there are some carriers who offer Guaranteed Issue whole life policies, which do not ask any health questions at all, those who have certain adverse health conditions are able to qualify for Final Expense Life Insurance coverage even if they are not able to qualify for other types of life insurance coverage. These policies will have a reduced death benefit in the first two years if a passing occurs as the result of internal causes. If death occurs as a result of an accident at any time- including the first two years- your beneficiaries will receive the full death benefit amount.

Even if you have had a major health issue in the past two years, you will still be eligible for full permanent life insurance through a Guaranteed Issue Whole life policy, which guarantees your acceptance without any health information disclosed. These policies will have a reduced death benefit in the first two years if a passing occurs as the result of internal causes. If death occurs as a result of an accident at any time- including the first two years- your beneficiaries will receive the full death benefit amount. With this type of the policy the insurance company offering the coverage does not ask you any health related questions at all, not even about tobacco use, or prior declines or rejections of coverage.

We work with virtually every top Final Expense Life Insurance company in the marketplace and although the underwriting guidelines do vary from company to company, generally they are:

o Any heart related issues (heart attack, congestive heart failure, bypass etc.)

o Internal cancer

o Major lung issues such as COPD, chronic lung disease, etc.

o Stroke, Parkinson's, any condition related to or affecting the brain

o Diabetes with Complications

o Immune System Disorders

It depends on whether or not health questions were answered by the applicant, and what the underwriting criteria is that the company uses. There are actually two different types of waiting periods – and it is important to understand which type of waiting period exists on the policy that is being applied for. These waiting periods include the following:

• Guaranteed Issued Life Insurance Policies – These types of life insurance policies, also often referred to as graded benefit life insurance policies, are typically provided to applicants who would not qualify for fully underwritten life insurance coverage. In nearly all cases for these plans, no benefits will be paid out if the insured passes away within the first two years of the coverage being issued. In this instance, however, the policy’s premiums will be repaid, oftentimes even with interest.
• Suicide and Contestability Waiting Period with Simplified Life Insurance Policies – Life insurance policies also have two year waiting periods whereby information that is on the application may be further investigated. In addition, during that two year time frame, the insurer may also investigate the cause of death of the insured if there is a claim that is filed by the beneficiary, and the claim may be contested by the insurance company during this two year time period. In addition, the life insurer also has the right to deny a death claim if the insured commits suicide during the first two years in which the life insurance policy is in force.

Ultimately, providing health information to the insurance company is what allows the premiums for life insurance to be more affordable and cost efficient for consumers to put in force. Unlike group or employer coverage, individual life insurance offers a lot of features and benefits that can only exist if everyone’s application is approved on a case by case basis, such as the ability to have your death benefit immediately in force, your ability to take the policy with you wherever you go, and the generation of your own cash value account inside the policy.