A graded death benefit is a waiting period — usually two to three years — built into some final expense policies (most often guaranteed issue plans) during which a death from natural causes doesn't pay the full face amount. Instead, beneficiaries typically receive a return of premiums paid, often plus interest.
Free, no-obligation phone review with a licensed insurance agent.
Death from an accident is generally still paid at the full face amount even during this waiting period.
Want an answer specific to your situation? A licensed agent can walk through your options by phone.
Call (844) 658-4509Not all final expense policies have a graded benefit — many simplified issue policies pay full benefits from day one — so it's important to ask an agent whether a specific plan includes this waiting period before you buy.
Every situation is different. Call and a licensed agent can answer your specific questions about final expense insurance — no obligation, no pressure.
