Frequently Asked Questions

Application Process

Generally, it can be immediate to a few days. Compared to traditional life insurance policies, which can take up to several months for approval, no exam final expense policies are relatively faster and simpler. Typically, the application process involves just a few basic questions about the applicant’s health and lifestyle. Once an applicant is approved by the carrier, they can expect their policy in one to two weeks. This makes no exam final expense policies ideal for those who need coverage fast and are unable to commit the time needed for other types of life insurance.

That’s up to the insurance company, and unfortunately, we have no say in this.

Here’s what we CAN tell you though. Pre-existing conditions do not disqualify you from coverage.

Our partners regularly approve customers with conditions ranging from past cancer to multiple sclerosis to epilepsy, to list just a few examples.

If you are declined, we work with 14 other carriers who may be able to offer you coverage. We’ll let you know your next-best options at the same time we send you your decision.

Your coverage begins when your first payment is drafted.   You can choose when this occurs — immediately or on a specific day of the month.

Application questions vary from company to company, but in general, you can expect to be asked for:

  • Personal: basic contact and identification-related information about you
  • Beneficiaries: your beneficiaries’ personal information
  • Health: the names of any health conditions you have and any prescription drugs you take
  • Existing coverage (if applicable): the name of the insurance company and your policy number
  • Payment: your bank account information (or for certain carriers, your credit card information)

Every policy we sell comes with a 30-day “free look period”. If you decide this coverage isn’t for you, for any reason, you can return it within 30 days of issuance and receive a refund of all premiums paid.

Getting To Know Us

We sell small whole life insurance policies to Americans 18-89.  Death benefit amounts range from $1,000 to $50,000.

GetSure is an independent burial insurance marketplace licensed in all 50 states (plus D.C.).

We serve a specific customer:  Americans ages 40+ looking for permanent protection insurance policies between $5,000 and $40,000.

If that describes you, then you’re in the right spot

Life Insurance 101

A “death benefit” is a benefit that pays out on your death.  When you pass, your beneficiary will receive a lump-sum cash payment, referred to as your life insurance policy’s “death benefit”.

An accelerated death benefits rider lets you use your benefit payout early, if you are diagnosed with a terminal illness and given a life expectancy of 12
months or less.  You can access between 50% and 95% of your death benefit, depending on the insurance company.

A “waiting period” is the amount of time you have to wait before full coverage starts.  It’s almost always two years.  What happens if you die during the waiting period?   Your beneficiaries receive a refund of all premiums paid, plus 10%.

10% back is better than having no protection at all.  Get the clock started on your waiting period and you’ll be enjoying full coverage before long. 

Final expense insurance is permanent life insurance that is simple to get (no medical exam), affordable (smaller payouts, as low as $2,000), and reliable (your benefit and rates never change, for the rest of your life).

Riders are optional features that you can add to a life insurance policy. While adding riders can increase your premiums, they offer more protection than a policy would by itself, so you can help secure your family’s financial future.

Life insurance riders also help you customize your policy to fit your unique needs. You can add multiple riders to the same policy, allowing you to create the coverage that works best for you.

They are the exact same thing! Burial insurance, final expense, and funeral insurance are all nicknames for whole life insurance policies that have payouts below $50,000. They got their nicknames based on how people usually used the funds, but keep in mind that your policy’s payout can be used for anything!

Term life insurance pays out a death benefit if you die within a set period of time.  That’s it.

Whole life insurance never expires.  If you keep paying your premiums, it will last your “whole life” and you are  lasts your “whole life” (as long as you keep paying your premiums).  lasts your entire life. In addition, it builds “cash value” over time (it’s similar to having a savings account within your policy).

Our Policies

Policies like that do not exist, unfortunately.

If a company sold a policy like that, they wouldn’t last very long.  After all, everyone on their deathbed would buy one and make a large, easy profit, right?

 

Your rate is determined by your age, gender, and your death benefit amount. Your answers to the application’s health questions determine if you will be approved for this rate.

Absolutely not.  Policies like those are a bait-and-switch, in our opinion.  Low rates when you’re young, and much higher ones when you’re 70+ and more in need your coverage.

We will never partner with a carrier that sells a policy like this.

Death from suicide during the first two years.  If this occurs, the insurance company will refund all premiums paid.

In all other circumstances, your policy will pay out in full.

Yes, all policies we sell have a “cash value account” built in.  (Basically, a savings account inside your insurance policy.)

Every month, a portion of your premium payment goes into this account, where it earns interest and enjoys tax-advantaged growth.

This money is called “cash value”.  You can use it at any point, for any reason.  It will even be paid out to you if you lapse no your policy!

No. Whole life insurance provides coverage for your lifetime (your “whole life”), as long as you make your payments and did not make material misrepresentations about your health on your application.

No. Your policy pays out your full benefit amount from Day 1.