Whole life provides permanent coverage with cash value accumulation and fixed premiums for life, while term life offers temporary coverage for a specific period at lower initial costs but no cash value.

Yes! We offer final expense and guaranteed issue policies that require no medical exam. Guaranteed issue policies accept everyone aged 50-85 regardless of health conditions.

Coverage can start as quickly as the same day for some policies. Final expense policies typically approve within 24-48 hours, while traditional policies may take 2-6 weeks depending on underwriting.

For term life, coverage ends if premiums stop. For whole life and final expense policies with cash value, you may have options like using cash value to pay premiums or converting to reduced paid-up coverage.

Some policies allow increases or decreases in coverage. Term life policies are often convertible to permanent coverage. We can review your options during annual policy reviews.

Generally, life Abe financials death benefits are not taxable income to beneficiaries. However, any interest earned on the benefit or cash value withdrawals may be subject to taxes. Consult with a tax advisor for your specific situation.