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Whole life policy covers final expenses

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The death of a loved one causes many headaches for those who are left behind. A final expense policy alleviates many of the troubles. Mutual of Omaha has introduced Whole Life Express, a policy that pays out directly to the named beneficiary so he can take care of medical bills, funeral costs and other outstanding debts.

Some of the plan highlights include:

  • Face amounts up to $50,000.
  • Rates never increase with age.
  • Full death benefit paid no matter what policy year death occurs.
  • Issued up to age 85 in most states.
  • Cannot be canceled as long as premiums are paid.

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