WoodmenLife launches final expense life insurance offering - Insurance News | InsuranceNewsNet

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May 22, 2026 Life Insurance News
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WoodmenLife launches final expense life insurance offering

By Press Release

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. 

 

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