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
- Succession planning: Building the future of your practice
- From loss to security: Supporting widowed clients with life insurance
- Plan now for lower Social Security benefits later
- The conversation almost no advisor is having yet
- Why advisors should offer retirement-longevity planning
More Advisor NewsAnnuity News
- Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
- Industry pushes back on linking ‘financial strength’ to annuity illustrations
- Sammons Enterprises & Sammons Financial Group Respond to Reports
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
- Cayman Islands premier to meet with U.S. reinsurance regulators
More Annuity NewsHealth/Employee Benefits News
Property and Casualty News
- How different types of auto insurance coverage compare
- AM Best Assigns Credit Ratings to Jet Insurance Company
- AM Best Affirms Credit Ratings of OneNexus Oklahoma Captive Corp.
- Did a recent ruling kill California’s multi-million-dollar bail bonds industry?
- Homeowners accuse Texas windstorm insurer of secretly reducing claims
More Property and Casualty News