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Our Product
Final expense insurance is a type of whole life insurance designed to cover medical expenses and funeral costs when you die. A final expense policy is also known as funeral or burial insurance and is popular among seniors.
Most final expense plans have these features:
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Whole life insurance – no expiration if premiums are paid.
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Cash value – the insured may obtain a policy loan
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Fixed premiums, as long as they are paid
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Simplified issuance – generally no medical exam required, only health questions on the application
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Easy application process
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Fast approvals – coverage can often be issued within days
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Affordable rates
What is final expense insurance?
-Our clients are people over 50 years old and older. Although we can assure you
people from 30 days to 85 years of age.
-Our clients have a medium to low income
-The average age of people who buy final expense insurance is 63 years old
and the typical buyer is a woman according to LOMA (International Trade Association for the
insurance and financial services industry).
Coverage limit
Our product offers the best solution to families when it comes to covering those final expenses. At Agencia Rojas y Asociados we are committed to providing excellent service to our clients and that is why we have partnered with Lincoln Heritage Life Insurance Company®, a leading provider of final expense life insurance for over 60 years.
We offer whole life insurance up to $35,000, modified policies for those with health conditions, 20-year plans for those who qualify, and accidental death benefits up to $160,000 that can be included in your plan.
Who is our market?
The market for final expense insurance is large and growing. It remains
still neglected by producers who prefer to focus on buyers and markets with
more economic affluence. The niche for these insurances are baby boomers (people who
were born between 1946-1964 and are now in their 50's, 60's, 70's) and the seniors are the oldest group
age.
Currently, there are 109 million people over the age of 50, this includes 76.4 million
of baby boomers.
Insurance Policy Coverage Amounts
Final Expenses
Coverage Limit Age
0-80 up to $35,000
81-85 up to $15,000
Payable in 20 years
Coverage Limit Age
0-80 up to $35,000
Death Benefit
Modified by 3 Years
Coverage Limit Age
0-49 up to $15,000
Death Benefit
Modified by 3 Years
Coverage Limit Age
50-85 up to $15,000