Mutual of Omaha’s final expense policy is the best Investopedia found in its survey of 45 life insurance companies, including the best 澳洲幸运5官方开奖结果体彩网:guaranteed issue coverage. Policies can be as small as $2,000 or as large as $25,000. They have a two-year 澳洲幸运5官方开奖结果体彩网:graded period♏, which is the length of time after you buy the policy when your beneficiaries only receive a reduced benefit if you die. With Mutual of Omaha, they’d receive the premiums paid plus 10% if you die from natural causes such as an illness during this period. However, death from an accident is covered for the full death benefit from day one.  

Guaranteed issue policies are typically smaller and more expensive than 澳洲幸运5官方开奖结果体彩网:fully underwritten life insu𒐪🍬rance policies requiring a medical exam. But they are an option for people who either don’t want the inconvenience of taking an exam 🍸or whose health would disqualify them from a fully underwritten policy. 

While a few other companies offer burial policies with up to $50,000 in coverage, they either require some medical information (meaning, you could be turned down for health reasons) or they don’t have the strong customer satisfaction record Mutual of Omaha has. State regulators received fewer customer complaints about Mutual of Omaha than expected for a company of its size. And the company was ranked number six out of 21 companies in a 2024 J.D. Power customer satisfaction survey. 

Eligible applicants can get a burial insꦉurance quote and submit an application online. You can also chat online with a human or call to talk to an agent.ဣ If you apply online, Mutual of Omaha says it can take as little as five minutes to complete everything, and you can receive instant coverage after submitting. 

Mutual of Omaha has been in business since 1909 and has an A+ financial strength rating. It is based in Omaha, Nebraska.

AAA’s burial insurance plan rivals Mutual of Omaha’s, with a few differences. Both are guaranteed issue policies that can be as large as $25,000. AAA’s mini♎mum coverage amount is $3,000, while Mutual of Omaha’s is $2,000. But AAA’s policy comes with a small discount for AAA members and includes𒆙 the double accidental death benefit payout.  

Both policies come with a two-year graded period. But while Mutual of Omaha promises to pay your 澳洲幸运5官方开奖结果体彩网:beneficiaries all the premiums you’ve already paid plus🍸 10%, AAA’s policy promises an extra 30% on top of your paid premiums.

As with Mutual of Omaha, you can get a quote and apply online. In many cases, applicants can be approved the same day. Finally, the company is financially sound, with an A (Excellent) rating from 澳洲幸运5官方开奖结果体彩网:A.M. Best.

Only one factor gave us pause. AAA’s customer satisfaction record is much worse than Mutual of Omah꧒a’s. State regulators received many more complaints about AAA than expected, given the company’s size. 

AAA Life Insurance is part of the Am꧅erican Automobile Association (AAA) and is based in Livonia, Michigan. It has been in business since 1969.

Lafayette has one of the best customer satisfaction records in our study of 45 life insurance companies. Over a three-year period, 澳洲幸运5官方开奖结果体彩网:state regulators received far fewer complaints than one would expect for a company of Lafayette’s size based on average industry data. It also has an A+ financial strength score, which means it has a superior ability to meet policyholder obligations and pay claims. 

Lafayette sells simplified issue burial insurance, which means your approval and rates will be influenced by medical records and how you answer some 澳洲幸运5官方开奖结果体彩网:health questions. But in return, the coverage limit is twice as high as the maximum guaranteed issue plans we found. And like the other providers on this “best of” list, Lafayette issues final expense policies to appli💝cants up to age 85. Most other insurance companies cap the maximum issue age at 80 years old.

Unlike some of the 澳洲幸运5官方开奖结果体彩网:best life insurance companies, Lafayette doesn’t have online quotes or accept online applications. If you want to get a quote or apply for a policy, you’ll need to coℱntact an agent. Lafayette, which was founded in 19😼05, is based in Cincinnati, Ohio.