Whole Life Final Expense Insurance
Our Heritage Graded Benefit Whole Life policy includes access to comprehensive funeral concierge services and support.
What is Graded Benefit Whole Life Insurance?
Graded Benefit Whole Life insurance, like Heritage Life, is tailored for individuals facing health challenges, providing accessible coverage. Heritage Life offers guaranteed benefits, a straightforward application, and fixed premiums. Partnering with Sequoia, it includes funeral concierge services, easing emotional stress and managing funeral costs efficiently for peace of mind.
How does Graded Benefit Whole Life Insurance work?
Graded Benefit Whole Life insurance offers distinct death benefit payouts, setting it apart from traditional life insurance policies. In the 1st year, beneficiaries receive a return of premium plus 5% for illness-related deaths; 2nd year, 50% of the chosen death benefit; and from the 3rd year onward, the full death benefit. Immediate access to the full face amount is granted for accidental deaths. GTL’s Heritage Life policy offers graded benefits from $2,500 to $20,000 (age 40-85) and $2,500 to $10,000 (age 86-90). Premiums remain fixed, and the straightforward application requires no medical exam.
Why do I need Graded Whole Life Insurance from GTL?
Planning ahead can help protect your family’s future. Have a plan in place for your final expenses and help remove the burdens of final medical bills, unpaid credit card bills, or funeral and burial expenses from your loved ones. Protect your family with financial support from GTL’s Heritage Whole Life Insurance and guidance and resources from Sequoia’s Funeral Concierge Services.
What can this policy provide for me?
Guaranteed Benefits
Easy Application Process
Sequoia Funeral Concierge Services
2 Things to Know…
- Your premiums cannot be changed due to declining health, as long as you maintain coverage.
- Assistance during your family’s most challenging times with Sequoia’s funeral concierge services.
Help Protect Your Loved Ones
Premiums Never Increase
Simple Application
No Medical Exam Required
Whole Life Insurance Accumulates Cash Value*
*Partial withdrawls and loans will reduce the cash value available. In addition, any outstanding indebtedness at the time of death will be deducted from the death benefit proceeds paid to the beneficiary
Who is Sequoia?
Heritage Life policyholders have access to funeral concierge services provided by Sequoia.
Offering emotional, logistical and financial support in the event of death with immediate coverage, Sequoia is able to reduce the emotional burden and simplify the funeral process by offering the fastest and most efficient solution when your family needs it most.
Funeral Concierge Services
For more information about Sequoia, please visit their website at sequoialegacycare.com
You shouldn’t have to worry about covering out-of-pocket medical expenses…
We’ll help connect you with a GTL agent to get covered!
By submitting this information, you agree that GTL and its agents may contact you. Your contact information will be kept confidential.
Frequently Asked Questions about Whole Life Insurance
How do I file a claim for a Heritage policy?
Please find the Heritage Life claim form here. Print and complete the form and return it with the required documentation to the address noted on the first page of the form. If you are a policyholder, claim forms can also be found under the My Account tab in GTL's Customer Portal.
Should I opt for the Automatic Premium Loan (APL) on my policy?
We recommend selecting the Automatic Premium Loan (APL) option for your policy. This choice comes at no extra cost to you while offering a valuable advantage. In the event of a temporary cash flow challenge, the APL ensures that your policy covers the premiums.
Is this coverage available in all states?
Yes, with the exception of New York.
What happens if I die due to an accident?
From day 1, the beneficiary receives 100% of the death benefit.
This product and its features are subject to state availability and variability. The Policy has exclusions, limitations, reductions of benefits and terms under which the Policy may be continued in force or discontinued. For cost and complete details of coverage, please contact us or your agent. Please call the Life and Health Sales Department at 1-800-323-6907 for complete details. Click here to view product disclosures.
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