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Answers to Your Questions on Planning Ahead with Funeral Insurance
HeritagePromise – Funeral Insurance
Planning for end-of-life expenses can be a thoughtful way to ease the burden on your loved ones. HeritagePromise Funeral Insurance offers a straightforward, reliable solution for covering funeral, burial, and other final expenses. In this section, find answers to common questions about eligibility, coverage amounts, payment options, and how HeritagePromise can help you prepare for the future with peace of mind.
HeritagePromise is designed to cover end-of-life expenses, like funeral and burial costs, to relieve financial stress on loved ones.
Generally, individuals aged 45-80 can apply without medical exams.
Coverage includes funeral, burial, cremation, and related expenses.
No, HeritagePromise usually requires only a brief health questionnaire.
Coverage ranges from $5,000 to $25,000, depending on your needs.
This is a lifetime policy as long as premiums are paid.
Some policies allow for increased coverage, subject to underwriting.
You can name anyone as a beneficiary, such as a family member or friend.
Yes, benefits are generally paid out tax-free to your beneficiaries.
Yes, you can update beneficiaries at any time by submitting a request.
Premiums are fixed and don’t increase over time.
Some policies have a graded benefit, which may limit coverage for non-accidental death within the first few years.
Funeral insurance is designed specifically for end-of-life costs, while life insurance can cover a wider range of expenses.
Some policies may build a small cash value over time.
Yes, any remaining benefit can be used for debts after funeral expenses.
Your policy remains active regardless of where you live.
No, funeral insurance premiums are not tax-deductible.
Yes, many pre-existing conditions are accepted without affecting eligibility.
They need to provide a death certificate and contact our claims department.
Guaranteed acceptance means no medical exam, and nearly everyone qualifies.
Plan Ahead, Protect Your Loved Ones
With HeritagePromise Funeral Insurance, you can ensure that your end-of-life expenses are covered, sparing your loved ones from unexpected costs and allowing them to focus on honoring your legacy. Start your plan today for guaranteed acceptance, no medical exams, and the security of knowing that your final wishes will be fulfilled.
Explore How Term Life Insurance Can Provide Financial Security
HeritagePeace – Term Life Insurance
HeritagePeace Term Life Insurance offers temporary financial protection for your loved ones, helping to cover critical expenses and ensure their security. Here, we answer frequently asked questions about term lengths, renewal options, premium payments, and conversion options. Learn how HeritagePeace can be tailored to meet your family’s needs for temporary but substantial coverage at an affordable rate.
HeritagePeace is a term life insurance policy providing coverage for a set period, paying a death benefit if the insured passes away within the policy term.
HeritagePeace offers 10, 20, and 30-year term options to suit your needs.
When the term ends, the policy expires with no benefit payout unless you choose to renew or convert it to a permanent policy.
Yes, you can often renew the policy at the end of the term, although premiums may increase.
A medical exam may be required based on the coverage amount and applicant’s age.
Individuals between the ages of 18 and 65 can typically apply, depending on health requirements.
Term life provides coverage for a set period with no cash value, while whole life is permanent with cash accumulation.
The death benefit is the amount paid to beneficiaries if the insured passes away during the policy term.
Premiums are level and fixed for the entire term length.
You have a 31-day grace period to make payments before the policy lapses.
Yes, HeritagePeace premiums remain fixed for the entire term.
No, term life insurance does not accumulate cash value.
Exclusions include suicide within the first two years, among others. Please review the policy for details.
Yes, but your health may impact underwriting and premium rates.
Yes, it covers death from any cause except exclusions listed in the policy.
Yes, beneficiaries can use the funds for any purpose, such as debts, living expenses, or education.
No, term life insurance does not build cash value and therefore cannot be used for loans.
You’ll receive a policy package to share with your beneficiaries.
Yes, many people have multiple policies for different needs.
Yes, the policy is valid worldwide.
Affordable Term Life Coverage for Your Loved Ones
HeritagePeace Term Life Insurance offers the protection your family deserves, helping cover essential expenses like mortgages, education, and everyday living. Lock in an affordable rate today, choose from flexible term options, and gain peace of mind knowing that your family’s financial well-being is protected.
Protect Your Home with Mortgage Insurance Coverage
HeritageGuard – Mortgage Insurance
With HeritageGuard Mortgage Insurance, you can ensure your mortgage is covered, protecting your loved ones from the financial stress of home payments in the event of your passing. This section provides answers to commonly asked questions about coverage limits, eligibility, premiums, and claims. Discover how HeritageGuard Mortgage Insurance can offer peace of mind and security for your family’s most valuable asset—your home.
HeritageGuard is a mortgage insurance policy designed to cover the outstanding mortgage balance if the policyholder passes away during the policy term.
Homeowners who want to ensure their mortgage is paid off for their family in the event of their passing should consider this coverage.
Mortgage insurance is specifically intended to cover mortgage debt, while life insurance can cover a range of expenses, including living costs and education.
Yes, the policy is typically designed to cover the remaining mortgage balance.
The term length often matches the mortgage term, such as 15, 20, or 30 years.
Yes, but you may add an accidental death rider for additional benefits.
Typically, the mortgage lender is designated as the primary beneficiary, with any excess paid to your estate or secondary beneficiaries.
You may cancel the policy once your mortgage is fully paid off.
Yes, it generally covers both fixed and adjustable-rate mortgages.
No, HeritageGuard has fixed premiums for the term of the policy.
No, coverage begins immediately upon approval.
Yes, you may update the lender information if your mortgage lender changes.
Yes, the death benefit is generally paid out tax-free.
Mortgage insurance covers mortgage payoff, while homeowner's insurance covers damage to the property.
Yes, the payout goes to the lender to cover the outstanding mortgage balance.
Exclusions may include suicide within the first two years, among others. Please review the policy for full details.
Yes, coverage can be updated if you refinance or switch lenders.
Protect Your Home for Those Who Matter Most
HeritageGuard Mortgage Insurance helps secure your family’s future by covering outstanding mortgage payments if the unexpected happens. Rest easy knowing that your loved ones can stay in the home you’ve built together. Explore coverage options tailored to meet your mortgage needs.
