FAQ’s About Our Services

Final expense insurance is typically available to individuals between the ages of 0 and 89, regardless of their health condition.

Unlike traditional life insurance, final expense insurance has a lower face value because it is intended to cover only end-of-life expenses, not long-term financial support for beneficiaries.

Final expense insurance can cover any expenses related to end-of-life costs, including medical bills, funeral costs, burial expenses, probate fees, or any other outstanding debts.

The average cost of final expense insurance varies depending on several factors including age, gender, health condition, and the amount of coverage, but it typically ranges from $30 to $70 per month.

Final expense insurance often does not require a medical exam, and many policies offer guaranteed acceptance, meaning you cannot be denied coverage due to health conditions. However, certain severe conditions may result in higher premiums.

Legacy builder insurance helps in building generational wealth by providing a tax-free death benefit to the beneficiaries. This money can be used to pay off debts, fund education, invest in business ventures, or support any other financial goals, thereby helping to preserve and grow wealth across generations.

A single premium life insurance policy in the context of legacy building is a policy where the policyholder makes a one-time, lump-sum payment. This policy not only provides a death benefit but can also grow cash value over time, providing potential living benefits to the policyholder while also increasing the eventual payout to beneficiaries.

The ideal candidate for legacy builder insurance is someone who has a significant amount of savings and wants to leave a financial legacy for their heirs. This could be parents or grandparents wanting to ensure their descendants are financially secure, individuals with no dependents who wish to leave a legacy to a charitable organization, or business owners wanting to ensure the continuity of their business.

This depends on the terms of your specific policy. Some legacy builder insurance policies may allow additional premiums to be added to increase the death benefit or cash value, while others may not. It's important to discuss this with your insurance provider or financial advisor.

In a legacy builder insurance policy, the payout is typically made as a tax-free lump sum upon the death of the policyholder. This payout, also known as the death benefit, is given to the beneficiaries named in the policy. The amount is usually a guaranteed minimum but can be higher depending on the cash value growth of the policy.