Fidelity Life is a reliable life insurer. It has high financial strength ratings, so policyholders can trust its ability to make payments on its claims obligations.
Fidelity Life offers two options for those interested in funeral, final expense, or burial insurance: RAPIDecision ® Senior Whole Life and RAPIDecision ® Final Expense.
Fidelity Life’s RAPIDecision ® Senior Whole Life plan is designed with seniors in mind. It is a great option for people who are looking for funeral insurance.
The RAPIDecision ® Senior Whole Life plan has level premiums and matures when the insured reaches the age of 121. The policy can have between $10,000 and $150,000 in coverage. The death benefit will be paid in full for a death of any cause only after the third year.
RAPIDecision ® Final Expense insurance is another nice option for people looking for some kind of funeral insurance.
This policy is a permanent insurance policy and is available to applicants ages 50 to 85. Applicants can purchase a death benefit amount between $5,000 and $35,000. These coverage levels are lower than the RAPIDecision ® Senior Whole Life plans. However, full coverage is immediate as soon as the policy starts. Premiums and coverage levels also remain consistent throughout the term.
Fidelity Life has high financial strength ratings, which shows that it is a financially stable company. Policyholders can trust that Fidelity Life will meet its claims obligations.
Fidelity Life’s RAPIDecision ® Senior Whole Life and RAPIDecision ® Final Expense insurance policies typically do not require a medical exam. Instead, the application and underwriting process involves a health questionnaire and using database sources.
While most applicants will not have to have a medical exam, some RAPIDecision ® Senior Whole Life applicants may have to have a medical exam.
Fidelity Life’s RAPIDecision ® Senior Whole Life and RAPIDecision ® Final Expense are not intended for people with serious health issues or limited life expectancy.
The availability of Fidelity Life’s policies varies by state. Interested individuals should reach out directly to Fidelity Life to learn more information about the policies available in their area and their cost.
Fidelity Life insurance is licensed to sell policies nationwide, except in Wyoming or New York. People in Wyoming and New York will need to research other companies.