Final Expense Life – A great product year-round

Here is a product that is easy to sell and has a surprisingly large number of prospects. Mutual of Omaha Life Insurance Company offers Whole Life Insurance designed to help with final expenses. The product is called Living Promise and it can provide affordable protection that pays benefits directly to the person you choose, to take care of your outstanding medical bills, unexpected expenses or debt that you leave behind. Having a whole life insurance policy in place can be a very loving and considerate thing to do for your loved ones.

Mutual of Omaha Final Expense Plan

The “Living Promise” plan can be purchased by those individuals who are between 45-85 years of age. Opting for this insurance plan can grant the policy holder $2,000-40,000 in benefits.
Even if the proposed insured has severe health issues, they can still obtain insurance in almost all cases. Mutual of Omaha offers a special policy for high-risk individuals. Here, if the policy holder dies due to natural causes within the first 2 years of signing the plan, the beneficiary stated in this special policy will only receive a return of the premiums amount paid plus 10% interest. After the 2 years have been completed, full benefits will be paid for any death.

On all Mutual of Omaha plans:

  • Your Life Insurance Policy cannot be cancelled as long as you regularly pay your premiums.
  • No medical exam is required to sign up for a policy.
  • Premium rate and insurance amount are fixed.
  • Insurance benefits are directly paid to the stated beneficiary

Incidentally — Agents earn over 100% in first year commissions, and 5-7% in renewals.