United Home Life Final Expense Insurance Review: Plan Facts

United Home Life Final Expense Insurance Review
United Home Life Final Expense Insurance Review: Plan Facts

United Home Life logo

Many companies claim to have the best burial insurance products. The reality is that there are only a few companies and plans that are truly considered great options.

Our industry experts have reviewed United Home Life and have detailed the findings.

United Home Life Final Expense Insurance Review

This company was established in 1948 and focuses exclusively on life insurance. The parent company is United Farm Family Life and has operated since 1937.

United Farm Family Life issues policies in AZ, CA, IL, MA, NH, OH, and PA. In all other approved states, United Home Life is the policy issuer.

United Home Life Insurance & United Farm Family Life have over $2 billion in assets and over $20 billion of active policies in force.

Company Details

  • Established: 1948
  • A.M. Best Financial Rating: A (excellent)
  • Headquarters: Indianapolis, IN

Plan Types & Benefits

  • Plan 1: Express Issue Premier
  • Plan 2: Express Issue Deluxe
  • Plan 3: Express Issue Whole Life
  • Plan 4: Guaranteed Issue Whole Life

Each final expense insurance plan comes with three permanent benefits.

Coverage Lock: The death benefit will never terminate or decrease. This gives families peace of mind knowing that there will be financial resources to cover funeral expenses when the policyholder passes away.

Price Lock: The monthly premium will never increase. This is an important feature for any senior on a fixed income.

Builds Cash Value: With every payment, a portion will go towards the cash value. Over time this amount will grow and can be borrowed from.

Express Issue Premier

Plan 1: Express Issue Premier

This life insurance plan awards immediate protection with competitive premiums. It is designed for applicants with a simple medical history.

Details About This Plan

  • Age Eligibility: 20 – 80
  • Coverage Amount: $5,000 – $100,000 (depending on age)
  • State Availability: 48 States & DC (excluding MT & NY)
  • Medical Exam: No
  • Health Questions: Yes
  • Waiting Period: No
  • Permanent Coverage: Yes
  • Builds a Cash Value: Yes
  • Smoking Rates: Yes

Immediate Coverage

The Express Issue Premier plan offers immediate coverage and the companies lowest-priced plan. There is a wide variety of medical questions that the applicant will need to answer to be eligible for coverage.

Included Benefits and Riders

Three benefits can be added to this burial insurance product.

Child Rider: This benefit issues coverage for children 30 days to 18 years old. Unless converted into a separate plan, this coverage will terminate on the child’s 21st birthday.

Accidental Death Benefit: If the policyholder dies of accidental death, this coverage will increase the death benefit awarded to the beneficiary.

Terminal Illness Accelerated Benefit: This feature allows the policyholder to access the death benefit if their health gives them less than 12 months to live. This benefit is included with the plan at no additional cost.

United Home Life Quick Quote

The Express Issue Priemer plan has competitive premiums when compared to other policies, like the Mutual of Omaha Living Promise plan.

$10,000 of Coverage

Non-Smoking Monthly Premiums

Age Female Male
50 $26 $31
55 $30 $37
60 $35 $45
65 $42 $56
70 $52 $75
75 $71 $103
80 $105 $139

Express Issue Deluxe

Plan 2: Express Issue Deluxe

Included with this plan is immediate protection. This plan has respectable premiums and is better suited for those with specific medical conditions.

Details About This Plan

  • Age Eligibility: 20 – 80
  • Coverage Amount: $5,000 – $50,000
  • State Availability: 48 States & DC (excluding MT & NY)
  • Medical Exam: No
  • Health Questions: Yes
  • Waiting Period: No
  • Permanent Coverage: Yes
  • Builds a Cash Value: Yes
  • Smoking Rates: Yes

Day One Coverage

Immediate coverage is offered with the Express Issue Deluxe burial insurance plan. There are specific medical conditions this plan will cover, including diabetes and insulin use.

Three Available Riders

Like the Express Issue Premier life insurance plan, this product comes with the same three additional benefits.

  • Children’s Rider
  • Accidental Death Benefit
  • Terminal Illness Accelerated Benefit (no additional cost)

United Farm Family Life Quotes

The Express Issue Deluxe plan has average premium prices compared to other similar products on the market, including Transamerica.

$10,000 of Coverage

Non-Smoking Monthly Premiums

Age Female Male
50 $34 $40
55 $38 $47
60 $45 $57
65 $56 $74
70 $73 $101
75 $103 $142
80 $142 $202

Express Issue Whole Life

Plan 3: Express Issue Whole Life

This funeral insurance plan has a less stringent underwriting process than the Express Issue Deluxe and Premier plans but it does require a two-year waiting period.

Details About This Plan

  • Age Eligibility: 25 – 80 (depending on state)
  • Coverage Amount: $2,000 – $25,000 (depending on state)
  • State Availability: 45 States & DC (excluding MA, MN, MT, NC, NY)
  • Medical Exam: No
  • Health Questions: Yes
  • Waiting Period: Yes
  • Permanent Coverage: Yes
  • Builds a Cash Value: Yes
  • Smoking Rates: Yes

Two-Year Graded Waiting Period

The Express Issue Whole Life plan has lenient underwriting, but this leniency comes with a two-year waiting period. If the insured passes away before the waiting period ends, the beneficiary will receive a partial distribution.

Death Benefit Payout

  • Year 1: All paid premiums returned plus 12%
  • Year 2: All paid premiums returned plus 24%
  • All other years: Full coverage amount

Additional Benefits

Three additional benefits come with this burial insurance plan at no additional cost if the death benefit is more than $10,000.

Identity Theft Waiver of Premium: This benefit waives premiums for three months if the policyholder has their identity stolen.

Hospital Stay Waiver of Premium: The premiums will be waived for three months if the policyholder is confined to a hospital for 20 consecutive days.

Common Carrier Accidental Death: An additional death benefit is payable if the policyholder dies from accidental death.

United Home Life Quotes

The funeral insurance quotes offered by the Express Issue Whole Life plan are reasonable, but lower prices can be found elsewhere. Better policies are available from American Amicable.

$10,000 of Coverage

Non-Smoking Monthly Premiums

Age Female Male
50 $42 $46
55 $48 $55
60 $57 $67
65 $68 $86
70 $85 $115
75 $109 $157
80 $142 $212

Guaranteed Issue Whole Life

Plan 4: Guaranteed Issue Whole Life

Asking no health questions, this funeral insurance plan should be reserved for applicants with serious medical concerns. A two-year waiting period is required.

Details About This Plan

  • Age Eligibility: 45 – 75 (depending on state)
  • Coverage Amount: $5,000 – $25,000 (depending on state)
  • State Availability: 44 States & DC (AR, KS, MA, MN, MT, NY not included)
  • Medical Exam: No
  • Health Questions: No
  • Waiting Period: Yes
  • Permanent Coverage: Yes
  • Builds a Cash Value: Yes
  • Smoking Rates: No

No Medical Questions

This is a guaranteed acceptance no medical question plan. This allows seniors with the most severe medical conditions to qualify for coverage.

Two-Year Waiting Period

With no health questions being asked, a waiting period will be required. If the insured dies during the waiting period, the beneficiary will receive a portion of the death benefit.

Death Benefit Payout

  • Year 1: All paid premiums returned plus 8%
  • Year 2: All paid premiums returned plus 8%
  • All other years: Full coverage amount

United Home Life Guaranteed Issue Quotes

This guaranteed acceptance life insurance plan is overpriced. There are much lower options elsewhere for this coverage type, including the Gerber Guaranteed Issue plan.

$10,000 of Coverage

Monthly Premiums

Age Female Male
50 $60 $67
55 $69 $77
60 $80 $91
65 $94 $110
70 $113 $138
75 $137 $173

United Home Life Medical Questions

The medical underwriting guide has a series of health questions and the applicant will need to answer “yes” or “no.”

Part A Medical Questions

Part A – Express Issue Whole Life 

If any question in Part A is answered “yes” the proposed insured is only eligible for the Guaranteed Issue Whole Life plan. If all answers are “no” continue to Part B.

(a) Do you currently receive kidney dialysis or require oxygen use or have you received or been told that you need an organ transplant or have you been diagnosed as having a terminal illness? (Terminal illness is defined as any illness diagnosed that would reasonably be expected to cause death within twenty-four (24) months.)

(b) Do you require assistance to feed, bathe, dress, or take your own medication or are you currently confined to a hospital, nursing home, mental facility, hospice, or require home health nursing care?

(c) Have you tested positive for the AIDS virus or been diagnosed or treated, or recommended for treatment for AIDS (Acquired Immune Deficiency Syndrome) or ARC (AIDS Related Complex); or in the past 10 years have you been diagnosed or treated or recommended for treatment for any other immune disorder?

(d) In the past twelve (12) months:

  • Other than for temporary or minor conditions, have you been hospitalized two or more times?
  • Other than preventive, maintenance, or risk lowering medications prescribed, have you been treated for or diagnosed with any cancer (other than Basal Cell skin cancer), heart attack, stroke, or had heart surgery (including angioplasty)?
  • Have you used any illegal drugs, been treated for or advised to have treatment for drug abuse?

Part B Medical Questions

Part B – Express Issue Deluxe

If any question in Part B is answered “yes”, the proposed insured is not eligible for Express Issue Deluxe. They should apply for the Express Issue Whole Life plan. If all answers are “no” continue to Part C.

In the past 2 years:

(a) Have you been diagnosed or treated for, or are you currently under treatment for:

  • Alzheimer’s Disease or Dementia?
  • Any form of Cancer (other than Basal Cell skin cancer) or Brain Tumor?
  • Other than preventive, maintenance, or risk lowering medications prescribed, have you been diagnosed or treated for Heart or Circulatory Disorder (except controlled hypertension) or Stroke?
  • Had surgery for any Heart Disorder (including angioplasty) or Circulatory Disorder (except varicose veins)?
  • Sickle Cell Anemia or Kidney Disease (including dialysis, nephropathy) or Liver Disease (including hepatitis B & C)?
  • Lung Disease (except controlled, mild asthma not requiring any hospitalization in the past 2 years)?
  • ALS (Lou Gehrig’s Disease) or Neurological disorders (including neuropathy, excluding controlled seizure disorder with no seizures in the past 2 years)?

(b) Have you been advised by a medical professional to have any tests, surgery, treatment, or further medical evaluation that have not been performed, or do you have any medical test results pending?

(c) Have you excessively used, been treated for, or been advised to have treatment for alcohol or drug abuse?

(d) In the past 10 years have you been convicted of a felony or currently have pending charges for a felony; or currently on parole from a felony conviction?

Part C Medical Questions

Part C – Express Issue Premier 

If any question in Part C is answered “yes”, the proposed insured should apply for the Express Issue Deluxe plan. If you answered “no” to all health questions then you qualify for the top plan (Express Issue Premier).

In the past 2 years:

(a) Have you been diagnosed or treated for, or are you currently under treatment for:

  • Schizophrenia or Bipolar Disorder?
  • Diabetes requiring insulin treatment?
  • SLE (Systemic Lupus Erythematosus)?

(b) Have you been convicted of operating a vehicle while intoxicated, or had your driver’s license suspended or revoked?

(c) Have you been declined or postponed for a Life policy? If “Yes”, please explain:

(d) If under age 65, are you currently disabled, or been disabled in the last six months or at any time during the last six months received any disability compensation or been mentally or physically unable to complete 30 hours per week of active employment?

(e) Do you now participate in, or do you have plans to participate in any hazardous sport or aviation?

(f) If the application is for Guaranteed Issue Whole Life, the Proposed Insured should not answer health questions.

women smiling with paper

Final Thoughts

a. This United Home Life Final Expense Insurance Review has shown that this carrier is a respected company in the industry. With an A.M. Best Financial Rating of A (excellent), this insurance company can be trusted to pay out its financial obligations.

b. The Express Issue Premier, Express Issue Delux, and Express Issue Whole Life plans all offer respectable premium prices and plan structures. The Guaranteed Issue Whole Life plan should be avoided due to the high monthly premiums required.

c. Work with an independent agent to find the best plan at the lowest possible price.

Willamette Life specializes in final expense insurance. Our job is to find the right plan for your specific needs. Call us at 844-576-0019

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