Final Expenses 

Signing a Contract

You’ve dedicated your entire life to your family — taking care of them, providing for them, being there when they need you, and always planning for those special moments together. Planning for that moment when you will no longer be there is just as important, and might be easier than you think.

By purchasing Final Expense Insurance, you can provide for your family even after you’re gone. While no amount of money will replace their loss, making this smart decision now will save them from a financial burden later during a difficult time.

Final Expense insurance doesn’t remove the task of planning the funeral, but it can ease the burden on your family of covering funeral costs — and an array of other expenses. Your family can decide how to dispense the money, which can be used for unpaid bills, medical expenses, and even college tuition for children or grandchildren. If they choose to use it for your funeral, they can make arrangements with any funeral home.

 

What makes Senior Consolidated Planning & Consulting’s Final Expense insurance plans stand out?

SCPAC makes qualifying for Final Expense insurance straightforward and easy by offering two whole life plans: Guaranteed Assurance and Assurance Plus.
 
Guaranteed Assurance* provides coverage with absolutely no underwriting and no health questions to answer.

  • If at any time a death occurs by accident as defined in the policy, the full death benefit will be paid.

  • If a death occurs in the first two policy years, and is not an accidental death, the benefit paid will be 110% of the premiums paid to date.

  • After the first two policy years, regardless of how the death occurs, the full death benefit is paid.

Assurance Plus is designed for those in good health, looking for additional value. If you can answer “no” to three simple health questions (four in Florida), you will qualify for a 25% increase of the full death benefit starting on day one with no required medical exam.
 
Plus, the Accelerated Death Benefit rider** is included at no additional charge on the Assurance Plus plan. This one-time benefit provides you with access to some of your policy benefit to cover medical expenses or supplement income if you are diagnosed with a chronic or terminal illness as defined by the policy. You would receive the present value of the death benefit, and any remaining values would be paid to your beneficiaries upon death.

For only $1 a month, you can help protect your family with the Dependent Child and Grandchild rider. This one-time benefit will pay $2,500 on the first death of a dependent child or grandchild.
 
In short, Great Western’s plans are affordable, simple ways to secure your family’s financial future because:

  • Your premiums will never go up.

  • Funds can be used for any purpose.

  • Your 30-day satisfaction is guaranteed.

  • Coverage builds cash value over time that is tax deferred and can be borrowed against.