OMAHA, May 21, 2026 --- WoodmenLife today introduced its new final expense whole life insurance offering, which is designed to cover end-of-life costs such as funeral or burial expenses, medical costs, and other unexpected bills, easing the burden on families during their time of grief.
A WoodmenLife agent can get you started, and the application takes as little as 10 minutes. There are no invasive medical exams, and people age 50 to 80 may qualify for up to $50,000. Those between the ages of 81 and 85 may qualify for up to $25,000.
End-of-life costs can often come as a surprise for family members during a time of loss. According to Funeralocity.com, funeral expenses alone can run into the five figures, with the average cost of a funeral with viewing and burial at $8,594, and cremation at $6,252.
Purchasing final expense life insurance also enables the policyholder to take advantage of WoodmenLife Extras, which include complimentary access to LawAssureTM, an easy-to-use tool for creating important documents such as wills, powers of attorney, healthcare directives, or even an obituary or ethical will.
WoodmenLife’s final expense policy also carries a no-additional-cost accelerated death benefit rider that enables the policyholder to access a portion of their benefit while they are alive, should they be diagnosed with a terminal illness.
Springfield's year-long push to clamp down on insurance rates nears end
Here’s how one Bay Area healthcare CEO is navigating “challenging” times
Advisor News
- DC plan sponsors see opportunity in alternatives
- The American Dream: Redefined as financial stability
- Partial annuitization: How advisors can help clients balance income, growth
- Guide women along the walk through widowhood
- Dutch gambling tax hike falls short as prediction markets eye World Cup
More Advisor NewsAnnuity News
- KBRA Assigns Rating to TruSpire Retirement Insurance Company
- Partial annuitization: How advisors can help clients balance income, growth
- Guide women along the walk through widowhood
- Regulators clear way to rewrite annuity illustration rules
- Diversification’s growing importance in retirement planning
More Annuity NewsHealth/Employee Benefits News
- As beer strike continues, community stands behind workers
- Researchers at RTI International Report New Data on Managed Care (Tobacco Cessation Treatment in Pregnancy: Insights from Florida Medicaid Claims Data): Managed Care
- Investigators from Medical University of South Carolina Have Reported New Data on Managed Care (Risk Factors Driving “no-shows” Across Orthopaedic Subspecialty Outpatient Clinics): Managed Care
- New law provides clarity for firefighters’ health insurance
- Appeals court tosses lawsuit accusing UnitedHealth of misleading seniors
More Health/Employee Benefits NewsProperty and Casualty News
- Lower insurance or $1,500 checks? How Texas governor rivals’ plans compare
- EIGHT SENTENCED TO FEDERAL PRISON FOR $1.2 MILLION TRAVEL INSURANCE FRAUD SCHEME
- AM Best Revises Outlooks to Negative for Safety Insurance Group, Inc. and Its Key Subsidiaries
- Berkshire Hathaway Specialty Insurance Announces Healthcare Professional Liability Leadership Appointments
- Older California drivers can get a discount on car insurance. How to qualify
More Property and Casualty News