Are you ready to choose a final expense life insurance policy? If so, then you’re probably on the hunt for the best final expense life insurance company. For some, that life insurance company is United Home Life.
If you’re wondering whether or not United Home Life is the best life insurance company for you and want more information about United Home Life, then you’ve come to the right place. JustBuryMe is designed to help insurance seekers like you gather the information they need before purchasing a life insurance policy.
About United Home Life
United Home Life isn’t that old in life insurance years—the company has been around for more than 70 years. Over those 70 years, however, they’ve been providing reliable insurance for many. United Home Life offers many products including: whole life, term life, and accidental death.
United Home Life’s Financial Strength
The financial strength of a life insurance company such as United Home Life is most easily assessed by a third party rating agency. AM Best gave United Home Life an A- rating. Don’t let the minus fool you: this is still an excellent rating. Out of sixteen ratings, this is one of the top ratings. This rating comes from a reputable financial ratings agency—AM Best has a great reputation and a high rating from them means a lot!
United Home Life’s Final Expense Life Insurance
United Home Life offers final expense burial life insurance options great for people looking for a low-cost life insurance policy that will cover just the basics.
If you don’t want your loved ones or next of kin to bear the expenses of your funeral, then getting a final expenses life insurance policy is a great idea.
Simplified Issue Final Expense Whole Life Insurance
Like normal whole life insurance plans, United Home Life’s Simplified Issue Final Expense Whole Life Insurance will remain valid your entire life (so long as you have made or continue to make necessary payments). This plan is different from normal “whole life insurance”, however, because the death benefit is only intended to cover final expenses, and possibly a few months of mortgage payments while your relatives are still grieving your death.
Express Issue Whole Life (EIWL)
This is another product that, like the name ensues, has a fast and easy issue process. The number one thing to keep in mind about this policy is that it has a graded death benefit.
What’s a graded death benefit: The first two years you have this policy you will not be eligible for the total death benefit. Instead, you will get a return of your premium plus a percent.
- Year 1: premium + 12%
- Year 2: premium + 24%
- Total coverage: Up to $25,000
- Eligible Issue Ages: 2-80
Should you get Final Expense Life Insurance from United Home Life?
That’s a big question with a not-so-easy answer. Let’s start with an easier question: Is United Home Life a good insurance company? Yes. Will many people be satisfied with their final expense life insurance policies purchased from United Home Life? Yes. Will United Home Life be the best choice for many people? Yes.
But that’s not your question: your question is more specific. Your question involves you.
In order to answer that, we need to know more about YOU.
United Home Life is a great life insurance company, but there is no such thing as a one-size-fits-all life insurance policy. Some life insurance companies and policies will inevitably be better for some people than others. Finding the right burial insurance or final expense insurance for you involves contact professionals who can scan the marketplace and align you with the best company that fits your specific needs—a company like JustBuryMe.
We are not a life insurance agency, but we work with dozens of the top life insurance companies providing final expense policies. We know them inside and out. After getting to know about your needs and wants, we give you a personalized life insurance recommendation.
When you call United Home Life, you’ll get to know what they’re offering. But when you call JustBuryMe, you’ll get to know who, out of dozens of life insurance companies, will offer you the best life insurance policy. We should note that we don’t work with United Home Life which is why you need to call them before you call us.
In some instances, United Home Life will definitely be the better option. However, you won’t know that until you know what the other guys are offering.
What are you waiting for? Give JustBuryMe a call today for a free life insurance consultation.
Thank you for reading our United Home Life review. Please leave any questions or comments below.