Life Care Services Final Expense Insurance Review
Are you looking for more information on how the Life Care Services Final Expense Insurance program works?
If you’re looking for high-quality, affordable final expense burial insurance for yourself or a loved one, you’re in the right place!
In this article, I will explain how Life Care Services Final Expense programs work so you can decide whether Life Care Services is right for you or whether there’s a better option available.
Without further ado, let’s get started.
About Life Care Services
Life Care Services is what’s known as a third-party advertiser that connects insurance agents with folks like yourself to help them find quality, affordable final expense life insurance.
In other words, Life Care Services isn’t necessarily the agency or company people buy insurance from. It’s simply an advertising vehicle to connect you with insurance brokers that may offer various types of products.
Let’s take a look at the fine print during the 53-second mark on their commercial (click play and pause at the 53 second mark):
“Life Care provides customers an introduction to companies participating in our advertising program. All insurance plans are provided by licensed third parties or unaffiliated with Life Care.“
What does this mean? Well, in short, we don’t know what type of agent, products, or options will be available. This means that customers won’t necessarily know whether they’re getting the best combination of pricing, coverage, or value for money.
Why is this important? Because with any investment, it’s in everyone’s interest to secure the best deal they can find at the best price, right?
We’ll talk more about this later. And we’ll have a look at where you’ll have a better chance of getting a great deal as well. But right now, let’s focus on the fine print!
The Fine Print
This section will review the exact information provided during the Life Care Final Expense Insurance commercial. Plus, I’ll tackle some of the common questions you might have about how these final expense life insurance programs work.
First, if you’d like to watch the commercial again, see the link below:
To make things clear, I’ll reference timestamps during the video so you can review the clips I’m referring to for yourself.
Whole Life Insurance (5-Second Mark)
Life Care Final Expense Insurance offers “whole life insurance.“
Whole life insurance is the best form of life insurance, in my opinion. This is especially true if you want peace of mind and coverage for final expenses like burial or cremation costs.
How Whole Life Insurance Works
Coverage never cancels due to age or health. As long as you continuously pay the premium, your insurer can never cancel your coverage because you get too old or your health changes.
This is unlike other types of plans. For instance, term insurance can cancel once you reach a certain age.
There are circumstances where this works. But in most cases, since death is uncertain, it’s essential to have 100% coverage right up until our final day. And I think a whole life plan is the best option to guarantee this.
Coverage never increases in price. Your premium rate is fixed and can never increase no matter what.
Anyone on a fixed income will really appreciate this as there are insurance plans out there that do increase as the years go by. When this happens, a lot of people end up canceling their plans since they’re no longer affordable. This is not the case with whole life insurance.
With whole life insurance, what you pay on day one is what you’ll always pay for the rest of your life.
You may qualify for first-day full coverage. Depending on your health, you may qualify for first-day natural and accidental death coverage. However, this does vary from agency to agency and depends on which companies they have access to.
For instance, at BuyLifeInsuranceForBurial.com, we have access to over 20 different companies. This gives us the opportunity to secure our clients the best combination of pricing and coverage.
More often than not, we’re able to get full coverage for our clients in circumstances where this would not be possible with many other companies.
Relating this back to Life Care Services, it’s unclear based on the commercial what you’ll qualify for as far as the immediacy of coverage goes.
Why is this an issue? Well, it comes down to risk. Without knowing what companies are on offer, you’re “leaving it up to chance” when you call a Life Care Services rep.
Age of Eligibility Between 50 and 80 (18-Second Mark)
Anyone outside this age bracket may struggle to find coverage from Life Care Services.
Luckily, at BuyLifeInsuranceForBurial.com, we have life insurance plans that can cover someone from age 0 up until age 90!
So there’s no need to worry if you’re young or at a more advanced age, consider letting us help you with your insurance needs. You can call us on 888-626-0439.
No Medical Exams / No Waiting Period (22-Second Mark)
Life Care Final Expense Insurance programs, like most final expense programs, do not require a medical exam. This makes things much easier for folks like you.
You can call in, get a quote, and qualify all without having to give a blood sample, pee in a cup, or any sort of examination.
The one issue I have, however, is the claim that there’s no waiting period. At best, this is an accurate description depending on who calls in. At worst, this claim depends entirely on your health.
As I mentioned prior, some whole life plans do not provide first-day full coverage. Some will even make you want several years before you’re fully covered for natural death.
Simply put, if you have health issues that Life Care Services Final Expense programs do not cover for first-day full coverage, the claim that there’s no waiting period is false.
Honestly, I believe this is a misstatement that should be corrected because not every single person who calls in will receive first-day full coverage for natural and accidental death.
Especially considering that there’s no way of knowing which agent you’ll be dealing with or which companies they have access to.
At BuyLifeInsuranceForBurial.com, we have access to over 20 companies, giving us a great opportunity and greater odds of securing first-day full coverage for our clients.
Remember, you can call us at 888-626-0439 or fill out the form for a no-obligation, free quote.
Guaranteed Cash Value (44-Second Mark)
All whole life final expense programs that both BuyLifeInsuranceForBurial.com, as well as Life Care Services offer, provide guaranteed cash value. This is true for all simplified issue whole life insurance plans.
In short, if you continually make payments on a plan for many years, you develop cash value that you can either cash out or borrow against.
Guaranteed Death Benefit That Can Never Decrease (48-Second Mark)
All whole life insurance plans offer a guaranteed death benefit that can never decrease.
This is true for any whole life insurance product that either BuyLifeInsuranceForBurial.com or Life Care Services offers.
And this is a good thing, too. The last thing you want is to purchase a plan that decreases in coverage when you need it most. And the way things are these days, funeral costs and final expenses are going up in price, not down, right?
Guaranteed Approval (56-Second Mark)
When you see the phrase “guaranteed approval,“ that means you might be able to get a guaranteed acceptance plan that covers you regardless of health.
This is something we also offer at BuyLifeInsuranceForBurial.com. But do keep in mind that these guaranteed approval plans only offer partial coverage for the first two years by returning the premiums you paid.
There’s no way you will be fully covered on a guaranteed approval plan since for these types of plans to be your best option, you must have existing health issues.
The good news is that at BuyLifeInsuranceForBurial.com, we shop over 20 different final expense insurance carriers to give our clients the best chance of securing first-day full coverage.
And considering so many insurers enforce a waiting period these days, of course, you would want to do everything you can to get first-day full coverage.
Seeking A Second Opinion
I hope this review has helped you understand how the Life Care Final Expense program works and highlighted some key issues that you should be concerned about.
My goal is to help clients get the best plan possible based on their age, health, and budget.
But, honestly, if you call a company like Life Care Services, bottom line, there’s no way of knowing who you’re going to deal with. Of course, you could end up speaking to someone who can get you a fair deal.
But you could also end up on the phone with somebody who doesn’t have many options and most likely won’t be able to get you the best deal.
Is it really worth the risk? This is why I recommend you get a second opinion and let us at BuyLifeInsuranceForBurial.com run a free quote for you to see what you could qualify for.
The whole process only takes about 10 minutes to complete, and there’s no stress whatsoever. You can simply call us to find out what your options are.
If you’re interested in getting a second opinion, here’s what you can do right now.
Give us a call at 888-626-0439. You’ll speak to one of our friendly representatives and they’ll let you know what your options are. What you do with the information is completely up to you. No stress whatsoever!
Alternatively, if you’d prefer not to speak with anybody at the moment, you can get a free quote by submitting the form on your screen. If you’re using a smartphone, the form will be at the top. If you’re on your desktop PC, you’ll see the form to the right of the screen.
Simply submit your information and you’ll get an idea of what prices are available.
I hope you enjoyed today’s article and now have a better understanding of how Life Care Services Final Expense programs work. Thank you so much for reading!