There is no one best final expense company for every senior. Here is how to judge carriers and find your best match.
What makes a final expense company the best for you
The strongest final expense carriers share a few traits: a high financial strength rating (A.M. Best A or above) so they can reliably pay claims, competitive pricing for your specific age and health, simplified underwriting that grants immediate full coverage rather than a long graded period, and a smooth, fast approval process. Just as important is fit: a carrier that is best-priced for a healthy 65-year-old non-smoker may be expensive for a 75-year-old with diabetes. Because each company underwrites conditions differently, the best company is the one that rates your particular health most favorably.
How to compare carriers the smart way
Rather than chasing brand names, compare carriers on the metrics that matter: financial rating, monthly premium for your exact coverage, whether coverage is immediate or graded, and the company's reputation for paying claims promptly. Pricing for identical coverage can differ by hundreds of dollars a year, so getting multiple quotes is the only way to know who is best for you. An independent licensed agent can shop many A-rated carriers at once and flag which one treats your health history most kindly. Call 1-800-MEDIGAP (1-800-633-4427) to compare top companies in one call.