Product Combines Whole Life With Funeral Services Shopping Tool
April 16, 2019 by Allison Bell
A Mutual Of Omaha unit has developed an end-of-life planning package that combines whole life insurance with access to a funeral planning service.
The funeral planning service provides access to data on local funeral services providers’ prices, and help from a concierge service that can help with negotiating funeral prices, according to Mutual of Omaha.
The Mutual of Omaha unit, United of Omaha Life Insurance Company will provide up to $25,000 in coverage on a guaranteed-issue basis, using an underwriting process that includes no medical questions.
The new Guaranteed Plus package will give purchasers access to the funeral planning services, from Everest Funeral Concierge, through a rider that comes with the policy automatically, at no additional cost.