We offer plans that will pay off your home in the event of death, disability, critical, chronic and terminal illness. Mortgage protection offers living benefits that many life insurance plans don't. Living benefits can be paid in the event of a critical, chronic and terminal illness and in many cases can be paid upon first diagnosis of the illness. These funds can be used to pay for expenses (such as house payment, car payment, medical expenses) until the insured can get well enough to go back to work.

A life insurance policy can provide peace of mind that those who matter most to you will be financially protected if you were to pass away unexpectedly.When shopping for life insurance, you’ll have much to consider, including the type and amount of coverage to purchase. The two most common policy types are term life insurance and permanent life insurance, but the right type of coverage will vary from person to person. At SelectQuote, we’ll help you decide the policy and coverage amount that’s right for your situation. We partner with some of the nation’s most trusted insurance carriers to provide you with unbiased quotes and cost comparisons—without the hassle. Let’s walk through the importance of holding a life insurance policy so you can understand all the options available to you.

Final Expense coverage is easier to qualify for than regular life insurance and is used to take the financial burden of funeral and burial expenses off of the family. According to the National Funeral Directors Association, the average cost of a funeral with a viewing and burial is around $8,300 and can cost as much as $15,000.

What is simplified issue life insurance?

Simplified issue life insurance can be a good option for both seniors and individuals with health conditions since it’s designed to provide coverage without requiring a medical examination or extensive underwriting. One of the main benefits of simplified issue life insurance is the ease and speed of the application process. Unlike traditional life insurance, which may require medical exams, blood tests, and detailed medical history reviews, simplified issue policies often involve a simple application form that you can complete quickly and easily.Simplified issue life insurance is a type of final expense insurance. Final expense insurance is designed to cover the costs associated with a person's funeral, burial, and other end-of-life expenses. This means it’s typically a smaller policy with a lower death benefit compared to traditional life insurance policies. Both simplified issue and guaranteed issue policies fall under the final expense life insurance category and involve no medical exam, providing financial support for your family in the case the unexpected happens. We can help you explore the different options of life insurance available to you—including simplified issue whole life insurance—to see what policy and coverage makes the most sense for you and your situation.

What is guaranteed issue life insurance?

Guaranteed issue life insurance is a type of life insurance policy that offers coverage to individuals without requiring them to undergo a medical examination or answer health-related questions. This means it’s just as the name implies: guaranteed. If you’re between the ages of 45-85, you can’t be turned down. Therefore it’s typically a good option if you’re a senior, have pre-existing medical conditions, or have been denied coverage in the past.Guaranteed issue life insurance, along with simplified issue policies, falls under the category of final expense insurance. It can be daunting to obtain life insurance if you have concerns about your age or health, but both guaranteed issue and simplified issue can help ensure your loved ones are protected in case the unexpected happens. We can help you explore all the life insurance options available to you—including guaranteed issue whole life insurance—in just minutes to see what policy and coverage makes the most sense for you and your situation.