Life & Final Expense
Protection sized to what your family would need
We compare policies from multiple A-rated carriers. As an independent agency we are not tied to one company, which matters most when health history is a factor.
Options
Types of coverage
Which one fits depends on what you are protecting and for how long.
Term Life
Coverage for a set period, commonly 10, 20 or 30 years. Pays a death benefit if you pass away during the term. The most affordable way to cover income replacement, a mortgage, or the years until children are independent.
Whole Life
Permanent coverage that does not expire and builds cash value over time. Premiums are fixed for life and the death benefit is guaranteed as long as premiums are paid.
Universal Life
Permanent coverage with flexible premiums and an adjustable death benefit. Cash value growth depends on interest rates or an index, depending on the product.
Final Expense
Smaller whole life policies, often $5,000 to $50,000, designed to cover funeral and end-of-life costs so the bill does not fall to family. Simplified underwriting, frequently with no medical exam.
How to think about it
Term or permanent?
Most families are protecting a window of time: the years until the mortgage is paid and the children are independent. Term insurance covers exactly that window at the lowest cost per dollar of coverage.
Permanent insurance makes sense when the need does not end: a lifelong dependent, an estate or business obligation, or simply wanting to guarantee funeral costs are covered whenever that day comes. Many term policies can be converted to permanent later without new medical underwriting, which is worth asking about up front.
Independent placement matters
Questions
Life insurance FAQ
How much life insurance do I actually need?
A common starting point is 10 to 12 times annual income, then adjusted for debts, the mortgage balance, future education costs, and any coverage you already have through work. An agent can walk through the arithmetic with you rather than guessing at a round number.
Do I need a medical exam?
It depends on the product, the amount, and your age and health. Many final expense policies and some term policies use simplified or accelerated underwriting with no exam. Larger term and permanent policies more often require one.
Is coverage through my employer enough?
Group life through an employer is a good benefit but usually modest, often one or two times salary, and it typically ends when you leave the job. Many people carry an individual policy alongside it so coverage does not depend on staying employed.
Can I be turned down?
Unlike ACA health coverage, life insurance is medically underwritten and applicants can be declined or rated. That is exactly where an independent agent helps: different carriers treat the same health history very differently, so placement matters.
Not sure how much coverage you need?
A licensed agent can walk through the numbers with you, free and with no obligation.
My Health Enrollment is a private insurance agency. We are not affiliated with, endorsed by, or acting on behalf of any government agency, including the Centers for Medicare & Medicaid Services (CMS) or Healthcare.gov.