Most likely you’re reading this article because you’re investigating how Angel Care Insurance Services work.
Perhaps you’ve seen an advertisement on television, talking about the benefits of their whole life burial insurance final expense program.
You want to see if the Angel Care Insurance product makes sense for you and your goals.
In today’s article, I’m going to be describing exactly:
- How the Angel Care Insurance Program works, giving you details on the benefits,
- Showing you the fine print that you may not be aware of, and,
- Providing you with some options on how to get a second opinion, in case you feel like you need it.
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Angel Care Insurance Services is an insurance agency that sells final expense insurance coverage. They’re located in Pompano Beach, Florida.
If you’re interested in contacting them directly with questions or to get a quote
their number is 800-351-1260.
While doing my preliminary research to learn more about the Angel Care Insurance Network, I discovered they only have a one-page website that doesn’t provide very much information.
There’s no specificity regarding the type of insurance companies that they have to offer, or about the prices and coverage options.
If you’re doing your due diligence, certainly check out the page.
I think what you’ll find is there’s not much information available on how these plans work and what the details are.
Why is their website an important factor?
It’s hard to say looking at the Angel Care Insurance website.
Maybe they are a good company to do business with, but you can’t know for sure.
The lack of information on their website is important information to know at this point in your research process.
Since there’s no information to review, it should cause some level of concern.
Angel Care Insurance sells what’s called final expense insurance, or more specifically what’s known as simplified issue whole life insurance.
Here’s a breakdown of how this kind of policy works:
- No examinations are required or necessary
- Premiums remain fixed and never go up in price
- Benefits never decrease
- Coverage, in some cases, is available up to $25,000
With this type of plan you can:
Pay off debt…
- Final debts
- Credit cards
- Medical bills
Leave money behind…
- Decide on a beneficiary you want to gift money to, like children, grandchildren or your surviving spouse
This is a great plan for millions of seniors across the country who just simply don’t have enough coverage.
However, you need to ask the following question: is Angel Care Insurance Network the best option for your coverage?
Based on my preliminary research, the best that I can say is it’s unclear.
As mentioned earlier, there are no options available for coverage, no options for carriers available to research ahead of time.
So it could be anything and everything.
It’s hard to know what to do as far as initial research if you can’t compare and contrast to see if Angel Care Insurance company’s coverage is better than another’s company’s coverage.
The fine print on the website states the following:
“Policies contain limitations, exclusions, termination provisions and term for keeping them in force. Guarantee issue whole life insurance policies provide for a limited graded death benefit or return of premium during the first two years, varies by product, after which the death benefit remains level.”
This is a point of concern. If you don’t know what a guaranteed issue whole life plan is, it’s one that doesn’t ask any health questions, much like Colonial Penn’s plan, which you’ve probably seen plastered all over television for years.
However, “the catch” with a guaranteed issue whole life plan is that the coverage does not come into full effect for the first year.
Why is that a problem?
The reason it’s a problem is because nobody knows when they are going to die, right?
Who knows, maybe tomorrow’s going to be my final day, or perhaps you’ll live another 20 years. Or longer or shorter.
Nobody really knows.
So why take a chance with a life insurance plan that doesn’t cover you for the first two years? It’s crazy!
I don’t know for sure if Angel Care Insurance offers first-day full coverage, but by the way the fine print reads, there’s no indication that even a first-day full natural death coverage is actually offered.
You should always consider a second opinion when you’re looking for any kind of final expense life insurance coverage.
The good news is that, if you qualify, there are companies out there that will provide first-day full life insurance coverage.
Even if you’ve had health issues before, and many times, even if you’ve been declined before.
At Buy Life Insurance For Burial we help seniors every day with their life insurance and final expense needs.
We are appointed to a variety of different life insurance companies.
Our job is to shop the most highly-rated life insurance companies to give you the best, most affordable, and highest quality final expense burial and funeral expense insurance coverage.
How we can help
It’s very simple to learn more about what we can do to help you out.
You can either request a free quote online by simply filling out the quote form found on this page and someone will be in touch with you shortly to talk over your options.
Alternatively, if you want a free quote you can call us directly at 888-626-0439 to see how we can help you out.
There’s no pressure to buy and you’ll have peace of mind in knowing you did your research by seeking a second option.