Funeral and burial expenses so often become an additional burden to the family. Sometimes a single Life Insurance policy is not enough. That is why we at American Benefits Exchange offer the Tribute, an individual whole Life Insurance policy that can help pay for funeral expenses or allow you to leave a gift for a loved one.
To determine the value of your policy, you should estimate the following:
Once your premium amount has been set, it will never increase and your policy cannot be cancelled (except for non-payment of premiums). No medical exam is required and once your application has been approved, it will take effect immediately. The application will contain medical questions.
Premiums can be paid by bank draft either monthly, quarterly, semi-annually or annually.
Your health status will determine the plan you qualify for and the amount of coverage available to you. The face value of your policy can be as much as $35,000, with a guarantee on all approved policies that it may never be cancelled regardless of age or a change in health status.
We offer three types of policies:
Note: The life insurance does not specifically cover funeral goods or services and may not cover the entire cost of your funeral at the time of death. The beneficiary of the life insurance may use the proceeds towards these or other similar purposes.
Please note: Insurance is not available in all states.
* Less any outstanding policy loans.
** If the cause of death is by accident, then 100% of the face amount will be paid in all years.
We firmly believe that long-term customer satisfaction is the cornerstone of our success.
“Not connected with or endorsed by the United States Government or the Federal Medicare Program.”
“We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1–800 MEDICARE to get information on all of your options.”