The best burial insurance is designed NEVER to have premium increases at any age. As long as you pay your premiums, you cannot outlive coverage. This means burial insurance cannot be canceled due to your age or health. This is a specific type of insurance that ONLY covers expenses related to the policy holder’s death/burial.īurial insurance has a smaller payout than life insurance Because this kind of policy is only supposed to be used for your funeral expenses. In the advertisement, Open Care final expense plans are described as “burial insurance.”īurial insurance is a simplified issue of a whole life insurance product. I would be happy to provide you with answers and all the options that are available to you. If you have any questions and/or would like to look at other options you can contact me at 88. I will clearly explain why Open Care is not the best choice for funeral insurance and why. Before you make your decision, please read through this article. These issues can cause you to lose out on your coverage and benefits. While Open Care may initially sound good, there are fine print clauses that have been misunderstood by people. The advertisement I researched can be viewed here, Final Expense Open Care
They advertise that you do not need a medical exam.Īn OpenCare final expense plan offers between $5,000 to $50,000 in burial insurance protection depending on what your budget is and what you may qualify for. They have Guaranteed Issue Plans and Simplified Issue. They offer different kinds of plans depending on your needs.
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They advertise insurance plans on the TV and market to seniors. Open Care advertises very low rates, “rates start at $7.49 per month.” Their advertisements say they offer insurance that never cancels with rates that never increase. Open Care is a company that offers final expense insurance to seniors. How Does Burial Insurance Work? Who Is Open Care?
Open with care how to#
I also cover the absolute WORST kind of policies you can get and how to understand the fine print. Each video goes over a different aspect of burial insurance. If you would prefer to take a look at a video to find information on Open Care, watch some of the videos below. If you’d prefer to talk live, call 88 to speak with us directly. Looking for a quote for life insurance or burial insurance? Click here and see what you may qualify for. A 20 minute read could save you and your family thousands! That’s not an exaggeration! I will also provide you with detailed research and explanations of the problems with an Open Care plan.īefore buying an Open Care plan, please read this article. In this article I will answer the questions above.
I am sure you want reliable coverage that will provide for you and your family while not breaking the bank. This has caused families to lose out on their entire death benefit. Insurance companies are counting on you not understanding certain fine print terms. If you simply buy the first plan you come across, odds are you will not get the best coverage at the lowest rate. Is the company known to have a high number of complaints?.
However, before you buy an insurance plan, you need to ask a few important questions to protect yourself and make sure you get the best coverage. They regularly advertise on TV promising really low rates and good coverage. That means they advertise insurance plans but insurance you get is actually from a different company. Why? (I will explain in detail later on.) Well, Open Care is not actually an insurance company, they are “underwritten” by another company. Is Open Care insurance the best option for you? Is there coverage actually reliable? Well the short answer to those questions is no and no.
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