What does American Memorial offer?
American Memorial offers multiple financial products, however, final expense insurance (also known as funeral insurance) is their largest source of income. It’s a type of life insurance available to people ages 50 to 85. Since it’s a whole life insurance product, you will remain insured as long as you pay the premium. In other words, if you get insured at age 68, you will still be insured at age 92, as long as you paid your monthly premium.
Final expense does not require a medical examination to qualify you. Instead, they will ask you some health questions, and check your public records. For instance, prescription medication records, health records, even driving records can be used in order to qualify you.
The best alternatives to American Memorial
While American Memorial has a great performance record, we do not quote their rates for various reasons. Such reasons are underwriting speed, customer feedback, and cost. However, we do quote other great companies.
The best alternatives to American Memorial are Mutual of Omaha, United Home Life, Royal neighbors of America and Gerber.
Final expense company comparison: