Active Mutual
0.0
0.0
Active Mutual is a final expense insurance company committed to providing support and financial peace of mind to families during life’s challenges. The company offers personalized service and burial insurance plans that range in coverage from $1,000 to $50,000. Active Mutual seeks to make it easy to qualify and no health exams are required.
To start your coverage with Active Mutual, you’ll only have to answer a few questions. In many cases, Active Mutual’s simple policies don’t have any waiting periods.
The Good
- Affordable Service and Burial Insurance Policies
- Quick and Simple Application Process
- No Health Exams Required
Affordable Service and Burial Insurance Policies
Active Mutual seeks to provide affordable insurance policies. The company offers coverage ranging from $1,000 to $50,000, and funds can be used for needs beyond final expenses, such as mortgages and credit card debt.
It’s important to note that final expense insurance typically accumulates cash value over time, and you’re free to access tax-deferred cash at any time. You can borrow against the policy’s cash value or use it to pay premiums.
Quick and Simple Application Process
Active Mutual has a quick and simple application process that often results in approval within a few days or even on the same day. The Active Mutual application process typically includes the following three steps:
- Get a quote
- Choose a plan
- Get approved
Active Mutual is committed to providing each client with personalized plan options and will help you secure the best solutions for your needs.
No Health Exams Required
Typically, final expense policies don’t require medical exams, making it easier to secure insurance. The option to secure insurance without a medical exam also provides more opportunity for individuals to secure insurance solutions if they struggle to do so otherwise based on age and/or health.
The Bad
- Limited Physical Branch Locations
Limited Physical Branch Locations
Active Mutual is headquartered in New York, but the company is an online insurance provider, ensuring that individuals across the nation can benefit from the company’s insurance products and services.
As an online insurance provider, Active Mutual has a limited number of physical branches, which can be inconvenient for clients who prefer face-to-face interactions. This may be a drawback for older clients who are less comfortable with digital platforms.
The Bottom Line
Active Mutual is a final expense insurance provider that offers affordable service and burial insurance policies that can provide financial peace of mind during challenging times. The company offers coverage from $1,000 to $50,000, and the application process is quick and simple. In most cases, you can be approved for Active Mutual insurance within a few days or even on the day of application.
