Bob is a 70 year old non-smoker. Bob is on meds for high cholesterol, asthma, and PTSD. He was able to get a policy with day 1 coverage.
Bob is a retired accountant living on a fixed income. He was happy to find that he could purchase a final expense life insurance policy without needing a medical exam or having to answer a bunch of difficult questions.
After speaking with Scott, a licensed life insurance broker he choose TransAmerica as his life insurance company and he is paying $94 per month for $15,000 in coverage.
Bob’s Cost
$15,000 in Coverage for only $94 per month
The policy was designed to provide coverage for final expenses such as funeral costs, unpaid medical bills, or any other expenses related to Bob’s death. The policy provides a guaranteed death benefit with no decrease in coverage in case Bob’s health deteriorates over time. In addition, the benefits of the plan will never decrease and it will never expire, meaning that George will always have peace of mind knowing that his family will be taken care of in the event of his death.
Bob has been extremely happy he took out the final expense policy. He has even gone so far as to encourage his friends and family to invest in a policy like he did as peace of mind insurance.
Disclaimer: Names, images and identifying details have been changed to protect the privacy of individuals.