Final Expense Insurance

More than 10,000 Americans turn age 65 every day creating an estimated three million households that are potential clients for end of life planning. AIP Marketing Alliance provides the necessary resources to help your agents sell final expense life insurance (also called simple issue or guaranteed issue).

Final Expense Insurance

More than 10,000 Americans turn age 65 every day creating an estimated three million households that are potential clients for end of life planning. AIP Marketing Alliance provides the necessary resources to help your agents sell final expense life insurance (also called simple issue or guaranteed issue).

Final Expense Trends

As AIPMA shared with Medicare supplement plans, more than 10,000 Americans turn age 65 every day creating an estimated three million households that are potential clients for end of life planning. According to the National Funeral Directors Association, the national median cost of a funeral with viewing and burial in 2019 was $7,690, and if you add a vault, the price is $9,135.

Surveys say the average agent selling Final Expense products may earn higher income than more traditional agents. First, this cross-selling opportunity can open the door to annuities, Medicare supplement and LTC sales. Second, final expense cements the good relationships the agent has with existing clients as well as attracting new clients.

AIPMA Resources

Through our final expense insurance carrier relationships, AIP Marketing Alliance supports these products for our independent wholesalers and agents.

  • Agent Website/Portal: Final Expense Champions becomes your personal training and sales portal to add final expense insurance to your product line. This agent-friendly website contains sales tools, video training modules, carriers and products, and pre-qualified lead programs to get your agents to start selling these plans.
  • Carriers: Need access to the industry’s high-rated carriers with final expense insurance products? AIPMA can help your agents get contracted with Aetna, Forester Financial, Gerber Life Insurance company, Mutual of Omaha, Transamerica and other qualified final expense product carriers.
  • Lead Programs: AIPMA has lead vendors to choose from based on your sales strategy. What works best for your agents? Direct mail? Phone-screened? Internet? You have options through Final Expense Champions.

Each client’s situation is different. AIPMA also provides an experienced Business Development team to help you in selling final expense insurance products to your clients. Contact our Business Development Team at (800) 783-5206, Prompt 2 or marketing@aipma.com.


Facts/Trends About Final Expense Insurance

  • In most cases, a medical exam is not required for most final expense insurance policies as the face amount of the policy may depend on age but is generally from $2,500 to is $25,000.
  • Final expense insurance is only available for people ages 50-80 for most products.
  • Final expense insurance benefits are tax-free for the beneficiary and can be used for more than just funeral expenses (debts, mortgage, loans, etc.)

Are You Looking for a Specific Final Expense Insurance Carrier?

AIP Marketing Alliance is contracted with more than 60 insurance carriers (and growing!) so we can help you and your downline agents find a final expense insurance carrier. Our Case Management team can help guide you through the electronic contracting process.

Contact us at chrish@aipma.com or give us a call (800) 783-5206

Is Your Agency Selling Final Expense Insurance Products?

Why not? By adding a new product line, your agents can see how cross-selling to current clients also can attract prospects. AIPMA will work with you and your agents to get them contracted to sell final expense insurance. Simply click the button to the right to schedule a conversation with our Vice President of Business Development, Chris Howe.

Contact Us

800.783.5206

2041 E. Square Lake Road, Suite 100, Troy, Michigan 48085-3897

About Us

For more than 35 years, AIP Marketing Alliance (AIPMA) serves as a premier life insurance and annuity distribution partner to provide full-service support to independent wholesalers, brokerages and agents from our Troy, Michigan office.