1. ROYAL NEIGHBORS OF AMERICA
Company: Royal Neighbors of America
Established: 1895
A.M. Best Rating: A-
Royal Neighbors Final Expense Life Insurance Rating:
Plan Name: Simplified Issue Whole Life
Issue Ages: 50 to 85
Type of Coverage: Level & Graded
Coverage Amounts: $3,000 up to $25,000
Death Benefit Payout: This coverage offers two different death benefit plans called level and graded.
Level pays out 100% starting day one
Graded pays out 30% of the death benefit if death has occurred in policy years one. If a death has occurred in policy year two the death benefit will be 70% of the face amount. 100% of the death benefit will pay out starting year three.
Coverage Highlights: Two different plans which are based on underwriting results. Immediate underwriting decisions. No height and weight requirements. Insulin-dependent diabetics that have been taking insulin after the age of 30 may qualify for the level benefit. Easy 9 question application.
Not available in AK, AL, HI, LA, MA, NH & NY
2. LIBERTY BANKERS
Company: Liberty Bankers
Established: 1999
A.M. Best Rating: B+
Liberty Bankers Final Expense Life Insurance Rating:
Plan Name: SIMPL Standard
Issue Ages: 18 to 80
Type of Coverage: Level & Modified
Coverage Amounts: $3,000 up to $30,000
Death Benefit Payout: The policy’s death benefit is modified so that in years 1-3, the policy pay out equals all premiums paid plus 10%. In year four, the death benefit payout moves to 100%. And in the policy’s fifth year, the death benefit increases to 105%.
Coverage Highlights: SIMPL Standard: Coverage never expires,Three plan options- Two with immediate coverage, Fixed monthly payments for life, Benefits never decrease.
MWL, Coverage never expires, 3 year waiting period, Fixed monthly payments for life, Benefits never decrease.
Not Available in WA
3. TRANSAMERICA
Company: Transamerica
Established: 1904
A.M. Best Rating: A+
Transamerica Final Expense Life Insurance Rating: 
Plan Name: Final Expense Solutions
Issue Ages: 0 to 85
Type of Coverage: Level & Graded
Coverage Amounts: $1,000 up to $50,000
Death Benefit Payout: This coverage offers two different death benefit plans called Immediate Solution and Easy Solution.
Immediate Solution is a level death benefit that pays out 100% starting day one.
Easy Solution is a graded death benefit that pays out 110% of all premiums paid if death occurs within policy years one and two. 100% of the death benefit will pay out starting year three.
Coverage Highlights: Immediate Solution offers a large selection of policy riders such as an accelerated death benefit rider that can pay out a portion of the death benefit due to a qualifying terminal illness or confinement to a nursing home. Optional policy riders include an accidental death benefit rider, as well as a children and grandchildren’s rider that allows for guaranteed acceptance coverage on a child. For applicants with health issues, there may be a good chance of still being able to qualify for a level benefit policy. Transamerica offers favorable underwriting to many health conditions that may be considered high risk. There is also no height or weight restrictions that are taken into consideration when applying.
Available in all 50 States
4. MUTUAL OF OMAHA
Company: Mutual of Omaha
Established: 1909
A.M. Best Rating: A+
Mutual of Omaha Living Promise Rating:
Plan Name: Living Promise
Issue Ages: 45 to 85
Type of Coverage: Level & Graded
Coverage Amounts: $2,000 up to $40,000
Death Benefit Payout: This coverage offers two different death benefit plans called level and graded.
Level pays out 100% starting day one
Graded pays out 110% of all premiums paid if death occurs within policy years one and two. 100% of the death benefit will pay out starting year three.
Coverage Highlights: Two different plans which are based on underwriting results. The level plan offers a free policy rider that can advance a portion of the death benefit for a qualifying chronic illness, terminal illness or permanent confinement to a nursing home facility. No tobacco distinction if approved at graded benefit coverage. Often ranked the best price for final expense life insurance.
Not available in NY
5. UNITED HOME LIFE
Company: United Home Life
Established: 1948
A.M. Best Rating: A-
United Home Life Express Issue WL Rating:
Plan Name: Express Issue Whole Life
Issue Ages: 20 to 80
Type of Coverage: Level, Graded & Guaranteed Issue
Coverage Amounts: $1,000 up to $100,000
Death Benefit Payout: This coverage offers three different death benefit plans called level, graded and guaranteed issue.
Level pays out 100% starting day one
Graded pays out a full return of all premiums paid plus 12% interest if death has occurred in policy year one. If a death has occurred in policy year two, the death benefit will be all premiums paid plus 24% interest. Starting year three and forward, 100% of the death benefit will be paid out.
Guaranteed issue pays out a full return of all premiums paid plus 6% interest if death has occurred in policy year one. If the death has occurred in policy year two, the death benefit will be all premiums paid plus 12% interest. If the death has occurred in policy year three, the death benefit will be all premiums paid plus 18% interest. Starting year four and forward, 100% of the death benefit will be paid out.
Coverage Highlights: Insulin-dependent diabetics, individuals receiving disability and individuals who may have been declined with other companies can potentially qualify for a level death benefit plan with United Home Life. The graded plan will consider applicants who may have been previously declined with other companies for significant health issues. There is a one year look back for applicants who have a history of cancer, heart attack, stroke and drug abuse for qualification on a graded plan. The guaranteed issue offers a maximum of $10,000 of coverage.
Not available in NY
6. Foresters
Company: Foresters
Established: 1874
A.M. Best Rating: A+
Foresters Plan Right Final Expense Rating:
Plan Name: PlanRight
Issue Ages: 50 to 85
Type of Coverage: Level, Graded & Modified
Coverage Amounts: $2,000 up to $35,000
Death Benefit Payout: This coverage offers three different death benefit plans called level, graded and modified.
Level pays out 100% starting day one
If death occurs within the first two years under the graded death benefit option, the amount will be the greater of either all premiums paid plus 4.5% interest or 30% of the actual death benefit.
Modified pays out 110% of all premiums paid if death occurs within policy years one or two.
Coverage Highlights: Foresters offers policyholders with several free membership benefits. Underwriting decisions can be made within the same day of the application being submitted.
Available in all 50 States
7. AIG
Company: AIG
Established: 1919
A.M. Best Rating: A
AIG Guaranteed Issue Rating:
Plan Name: Guaranteed Issue Whole Life
Issue Ages: 50 to 85
Type of Coverage: Guaranteed Acceptance
Coverage Amounts: $5,000 up to $25,000
Death Benefit Payout: If death occurs in policy years 1 or 2, the benefit amount is 110% of all premiums paid. At the start of year 3 and onward, 100% of the death benefit will be paid out.
Approval Time: Generally the same day
Coverage Highlights: Offers both chronic and terminal illness riders at no additional cost. Simple one-page application. No health questions and you cannot be turned down. Approval for coverage can be made in as fast as 15 minutes
Not available in NY
8. GERBER LIFE
Company: Gerber
Established: 1967
A.M. Best Rating: A
Gerber Guaranteed Acceptance Rating:
Plan Name: Guaranteed Life
Issue Ages: 50 to 80
Type of Coverage: Guaranteed Acceptance
Coverage Amounts: $5,000 up to $25,000
Death Benefit Payout: If death occurs in policy years one or two, the benefit amount is 110% of all premiums paid. At the start of year three and onward, 100% of the death benefit will be paid.
Coverage Highlights: Simple application. Allows for payments to be made by credit card. No health questions at all. Often number one for the price when compared to other companies that offer guaranteed issue coverage.
Not available in MT
9. AMERICAN AMICABLE
Company: American-Amicable
Established: 1910
A.M. Best Rating: A
American Amicable Golden Solution Plans Rating:
Plan Name: Golden Solution Plans
Issue Ages: 50 to 85
Type of Coverage: Level, Graded & ROP
Coverage Amounts: $2,500 up to $35,000
Death Benefit Payout: This coverage offers three different death benefit plans called level, graded and a return of premium.
Level pays out 100% starting day one
Graded pays out 30% policy year one, 70% policy year two and 100% year three and on.
Modified pays out 110% of all premiums paid if death occurs within policy years one, two or three.
Coverage Highlights: Three different plans which are based on underwriting results. Offers several optional policy riders such as grandchildren insurance, nursing home, and accidental death.
Not available in ME, MT, NH & NY
10. AMERICO
Company: Americo
Established: 1946
A.M. Best Rating: A
Americo Ultra Protector Series Rating:
Plan Name: Ultra Protector Series
Issue Ages: 50 to 85
Type of Coverage: Level, Graded & ROP
Coverage Amounts: $2,500 up to $35,000
Death Benefit Payout: This coverage offers three different death benefit plans called Protector I, II & III.
Protector I pays out 100% starting day one
Protector II pays out 100% starting day one
Protector III pays out 100% of all premiums paid plus 5% interest if death occurs in policy year one.
If death occurs in policy year two 100% of all premiums will be paid plus 10% interest.
If death occurs in policy year three the death benefit will be 75% of the actual face amount of the policy.
Starting year four and onward, 100% of the death benefit will be paid out if death occurs.
Coverage Highlights: Offers two-level death benefit plans allowing for applicants with riskier health conditions an opportunity to obtain a level death benefit without a two-year wait.
Ultra I & II are not available in MS, NY & VT
Ultra III not available in AR, MA, MN, MS, MT, NY, PA, VT & WA