Royal Neighbors Final Expense Review (Senior Life Insurance)

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Updated August 8, 2022

Finding the right final expense insurance plan for your specific medical history and budget can be challenging. Fortunately, you have come across Royal Neighbors of America, which has made our top burial insurance companies list.

Royal Neighbors life insurance offers affordable coverage while being a market leader in flexible underwriting, including a diabetic-friendly applications process.

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Is Royal Neighbors Burial Insurance Good?

The Royal Neighbors final expense insurance plan offers favorable underwriting for seniors seeking coverage. This carrier would be an excellent choice for applicants with diabetic medical conditions. The plan offered is whole life insurance, meaning the coverage never expires and the premiums do not increase.

What is Royal Neighbors of America?

Royal Neighbors of America was established in 1895. Today, Royal Neighbors provides financial products, member savings, and volunteer programs to more than 200,000 members. Bundled with a member saving program and a well-versed philanthropic volunteer initiative, the company from Rock Island, IL, is providing more than just insurance coverage.

Royal Neighbors is a Fraternal Benefit Society

A Fraternal Benefit Society is not-for-profit and does not have shareholders. This allows for many great benefits, including giving back to the policyholders via membership discounts. Member benefits include discounted wellness services, prescription prices, and much more.

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Simplified Issue Whole Life Insurance

The Royal Neighbors life insurance Simplified Issue plan is meant for seniors in good health looking for burial insurance coverage with no waiting period. This plan has whole life insurance benefits and favorable underwriting for specific medical conditions.

Plan Details

  • Age Eligibility: 50 – 80
  • Coverage Amount: $7,000 – $30,000
  • State Availability: 43 states & DC (excluding AL, AK, HI, LA, MA, NH, NY)
  • Medical Exam: No
  • Health Questions: Yes
  • Waiting Period: No
  • Permanent Coverage: Yes
  • Builds a Cash Value: Yes
  • Smoking Rates: Yes

Whole Life Benefits, Additional Features, and Immediate Coverage

This plan comes with whole life insurance benefits, including monthly premiums that never increase, lifelong coverage, and a cash value that builds over time.

Also, an added plan feature allows you to accelerate a payout of 75% of the total policy face amount. This benefit can be used if a physician diagnoses the insured as having a terminal condition with a life expectancy of 12 or fewer months.

Royal Neighbors has life insurance with no waiting period. Many immediate coverage plans have rigorous underwriting, but this policy is lenient to certain medical conditions.

What Medical Conditions is Royal Neighbors Burial Insurance Good For?

Royal Neighbors is known to have favorable underwriting for specific medical conditions. Royal Neighbors could be your best option if you have any of the following conditions.

Royal Neighbors Quick Quote

The Royal Neighbors funeral insurance plan is competitive but starts at a slightly higher price than some competitors, like Mutual of Omaha Living Promise. If you are healthy, other plans will offer coverage at a lower price. However, the higher premiums come with more underwriting flexibility than the competition.

Royal Neighbors Simplified Issue Quotes

Age Female $10,000 Male $10,000 Female $20,000 Male $20,000
50 $35 $41 $67 $78
55 $39 $48 $74 $92
60 $40 $52 $76 $99
65 $46 $61 $88 $117
70 $58 $78 $112 $151
75 $82 $115 $159 $225
80 $118 $160 $232 $316

Royal Neighbors Life Insurance Medical Questions

Royal Neighbors funeral insurance makes it simple to be approved for coverage with a streamlined underwriting process. There are nine medical questions on the application. How you answer these questions will dictate if you are eligible for coverage.

1. Has the proposed Insured used tobacco in any form in the last 12 months?

2. Is the Proposed Insured currently:

a. Hospitalized, in a nursing facility, or receiving Hospice Care?

b. Confined to a wheelchair, bed, or using oxygen equipment to assist in breathing?

3. Has a member of the medical profession ever diagnosed or treated the Proposed Insured for:

Acquired Immune Deficiency Syndrome (AIDS), AIDS Related Complex (ARC), or any immune deficiency disease; or has the Proposed Insured tested positive for the Human Immunodeficiency Virus (HIV)?

4. Has the Proposed Insured ever been diagnosed as having or been treated for:

a. Congestive heart failure, or had or been recommended to have an organ transplant?

b. Insulin shock, diabetic coma, amputation caused by disease, or taken insulin shots prior to age 30?

c. Dementia, Alzheimer’s Disease, or mental incapacity?

5. During the past 18 months, has the Proposed Insured been diagnosed as having:

a. Stroke, aneurysm, cardiomyopathy, or circulatory surgery?

b. Angina (chest pain), heart attack or failure, or heart surgery?

6. During the past 24 months, has the Proposed Insured been diagnosed as having, or been treated for:

a. Internal Cancer, Melanoma, or Leukemia?

b. Cirrhosis, liver disease, kidney failure (including dialysis), chronic kidney disease, or systemic lupus?

7. During the past 18 months, has the Proposed Insured been diagnosed as having:

a. A condition expected to result in death within 12 months?

b. Been advised by a medical professional to have any diagnostic testing which has not been completed or for which the results have not been received?

c. Been recommended by a physician to have treatment or counseling for alcohol or drug abuse?

8. During the past 24 months, has the Proposed Insured been diagnosed as having, or been treated for:

a. Stroke, angina (chest pain), heart attack, or cardiomyopathy?

b. Heart or circulatory surgery (including pacemaker, heart valve replacement, bypass, angioplasty, stent implant, or any procedure to improve circulation to the heart or brain)?

9. During the past 24 months, has the Proposed Insured been diagnosed as having, or been treated for:

a. Emphysema, chronic obstructive pulmonary disease (COPD), or tuberculosis (TB)?

b. Neuromuscular disease (including Multiple Sclerosis, Lou Gehrig’s Disease, Epilepsy, or Parkinson’s Disease)?

If you answered NO to all 9 questions, you are eligible for Simplified Issue Whole Life (SIWL).

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Member Benefits For Royal Neighbors Final Expense Insurance

Once you obtain a Royal Neighbors life insurance policy, you are automatically signed up for the member savings plan. You can expect to receive your member saving card in the mail shortly after the policy is active. This card will give you access to free and discounted services by participating providers.

Member Benefits Included

Dental Visits: In most cases, you will save 20%-40% per visit. Just present your membership card to one of 160,000 participating dental offices.

Glasses, Contacts, and Vision Exams: You can save 10%-60% on contacts, glasses, exams, LASIK, and designer eyewear.

Labs, Scans, and Other Health Screenings: When using the membership card for CT scans, ultrasound, and MRIs, save 40%-75%. Also, save 10%-80% on typical costs for lab work at over 1,500 major clinic laboratories.

Telehealth: 24/7 access to doctors virtually for common medical ailments. This visit can take place over the phone or through video chat. The services can include discussing prescriptions, symptoms, and treatment options.

Hearing: Enjoy a two-year supply of hearing aid batteries plus a 60-day money-back guarantee when working with the company Amplifon for your hearing needs.

Prescriptions: Save 10%-85% on most prescriptions at thousands of nationwide pharmacies. Save on average 46% per prescription. All you need to do is present your membership card, and you will receive discounts on a long medication list.

Wills and Other Legal Services: Receive legal advice at a discount rate. $125 an hour or 40% off the hourly rate, whichever is greater.

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Final Thoughts On Royal Neighbors Funeral Insurance

a. The Royal Neighbors burial insurance product provides whole life insurance benefits with no waiting period at an affordable price point.

b. The plan is an excellent option for applicants with specific health conditions, including diabetes, obesity, mental illness, and blood thinners.

c. This carrier is a fraternal benefits society which means, unlike other insurance companies, this company is a non-profit that gives back to its members through additional policyholder benefits.

Speak with Willamette Life about the Royal Neighbors plan at 844-576-0019