Best Opencare Final Expenses Plan 2022

Best Opencare Final Expenses Plan 2022

If you’re looking for the best Opencare final expenses plan, you’ve come to the right place.

Discover the Opencare final expenses program here, which helps you find the ideal insurance, whatever your age and state of health.

Read the article further to understand the benefits, features, and several other elements of this plan that provides you with a peaceful life.

Best Opencare Final Expenses Plan

Suppose you are retired and do not have a health insurance plan with your employer. Plus, you don’t even have individual life insurance coverage or enough savings.

What will you do to manage your final expenses or medical care? If you don’t want to leave any burden on your family after your death, you need to think about these expenses.

Best Opencare Final Expenses Plan

In this case, you will contact a life insurance agent and begin your insurance process, which includes some basic questions about your general health.

Usually the death benefit is great, but the monthly premiums are more than you can afford due to health and age.

Thus, it will be difficult to find a policy with a death benefit and high insurance premiums. At this point, most people give up and think they can’t get life insurance.

The final spending plan solves your problem. The Open Care insurance company has implemented this plan to help seniors at risk for serious medical problems.

Therefore, the elderly can purchase a policy even if they are in poor health.

How Do Opencare Final Expenses Plans Work?

Open Care funeral plans are available for up to $50,000 in coverage, and no medical exam is required. It is a whole life insurance policy where the prices do not increase over time and the coverage does not decrease. The policy will never expire and it creates cash value.

They have the choice between two options:

Guaranteed acceptance: You are not required to answer health questions. Everyone, regardless of their health, is guaranteed to be approved.
Simplified question: No exam is required, but you answer the health questions. Qualification is based on your medical history.

Best Opencare Final Expenses Plan
Best Opencare Final Expenses Plan

In exchange for the guaranteed approval option, this plan has a 2-year waiting period before you are insured. During the waiting period, the insurance company will not pay a death benefit.

Instead, they would simply reimburse your premium payments plus interest (the interest is on your premiums, not the death benefit).

Opencare Final Expense Plans Cost

First, don’t expect to pay $7.89 per month. This price is for a healthy, non-smoker woman who purchases a blanket for $2,500. According to their website, they claim that $8,500 coverage will cost $23 to $275 per month. Your exact rate depends on your age, your medical condition, the amount of coverage you purchase.

Typically, the cost of final expense coverage typically ranges from $50 to $150 per month for a $10,000 policy.

Below is a table (the rates are taken from their website) that shows exactly how much Opencare funeral insurance plans cost.

Sr NoAGEFemale Non SmokerMale Non Smoker Female SmokerMale Smoker
Opencare Final Expenses Plans Cost

Other Final Expense Companies

Mutual of Omaha

Mutual of Omaha has a final expense insurance policy that not only provides your loved ones with money for final expenses, but also creates cash value.

You can use the cash value during your lifetime to use it for medical expenses or other major expenses. You will be able to apply between the ages of 45 and 85 and have coverage up to $40,000.

Mutual of Omaha requires a background check on your health and they will also review your medical records/prescriptions.

The policy also includes an accelerated death benefit, so if you are diagnosed with a terminal illness, you can access the funds sooner.


Transamerica offers a variety of final expense policies. All three policies are guaranteed at issue (no medical examination) and offer coverage between $1,000 and $50,000.

They have streamlined requirements, no waiting period, even for people with COPD and kidney disease, and are available for people under 85 (payable up to age 121).

Gerber’s life

If your health isn’t perfect, Gerber Life has some great end-expense policies.

You don’t even have to worry about medical exams or health questionnaires. Gerber Life offers policies from $5,000 to $25,000 at some of the lowest premiums.

However, unlike Transamerica, they have a 2-year waiting period. The only way your beneficiaries would be paid if you died within 2 years is if it was an accidental death.

Gerber Life policy premiums never increase and stay in effect as long as you pay the premiums.


If you are between 50 and 80 years old, you may be eligible for AIG’s end-of-stay expenses insurance.

Their policy limits are lower ($25,000), but you can purchase a policy for yourself, your parents or your grandparents to offset the costs of their final expenses.

AIG offers a terminal illness rider on each final expense policy at no additional cost.

This is a great advantage if you become terminally ill, as you can access policy benefits while you are alive to cover the cost of your medical bills.

Opencare Burial Insurance

OpenCare Seniors markets two types of final expense insurance products for people aged 40 to 90.

Opencare Burial Insurance
Opencare Burial Insurance
  1. Whole life insurance with first day coverage

Available age: 18-85
Amount of coverage you can purchase: $2,500 – $50,000
Death benefit scale: in effect on the first day, no waiting period

  1. Guaranteed issue funeral insurance with a two-year waiting period

Available age: 18-85
Amount of coverage you can purchase: $2,500 – $25,000
Death benefit scale: full death benefit after two years (two-year waiting period)

The final expense insurance plans they sell are a streamlined matter and do not require applicants to undergo a medical exam or submit urine and blood samples.

Simply answer a series of health questions, and your answer to the health questions will determine which plan you qualify for.

Your insurance premium will depend on your gender, age, health, and the amount of coverage you want.


First-day coverage plan available – you must be in perfect health to qualify.

Apply online – but you can’t get rates without providing a phone number and email address for a salesperson to call and try to sell you a plan.


They are not an insurance company – OpenCare Seniors is a national insurance brokerage company. They don’t buy insurance; they only sell insurance products from other insurance companies.

Not transparent with the companies they sell – their website does not list the insurance companies they sell.

4 year retrospective period – they have a four year retrospective period for cancer, kidney disease, lupus, and bipolar disorder. Most of the insurance companies we work with have a two-year review period on these terms.

They advertise very low rates – the very low rates they are showing are for a 50-year-old woman who wants $2,500 coverage.

Open Care Senior Plan

Open Care Seniors is an independent insurance agency based in Naples, Florida that primarily sells end-expense life insurance. They also sell term life, accidental death and health insurance products. It is difficult to find information about them, but our research revealed that they are a legitimately licensed insurance agency.

They run a lot of national TV commercials that claim you are entitled to final expense coverage of $25,000.

Their website highlights incredibly low prices, such as “rates start at $7.89 per month.” Similar to the Colonial Penn plan at $9.99, you shouldn’t take the rates seriously.

 Opencare Final Expense Plans
Opencare Final Expense Plans

Under no circumstances should you expect to pay $7.89 per month for coverage (or any price close to that) if you choose to purchase an Open Care final expenses plan.


Is OpenCare Seniors Insurance Expensive?

Yes, you might be paying too much if you get Opencare final expenses for seniors or a guaranteed issuance plan.

A 70-year-old woman wanting $ 10,000 in coverage will pay $65 with OpenCare.
The same 70-year-old woman who wants $ 10,000 will only pay $57 with other companies we work with.
She would overpay $ 83 in one year, which would cost $ 740 in 10 years.

Do you need a medical examination to qualify for Open Care Seniors life insurance?

No, you do not need an Open Care medical examination to be eligible for OpenCare Seniors’ life insurance plans.

Do Older People in Open Care Ask Questions about Health?

Yes, the Open Care Senior Life Insurance Plan and Term Life Insurance Plan pose health questions as part of their pricing.

Do Seniors in Open Care have a Waiting Period?

Yes, the Open Care Seniors Guaranteed Issue Life Insurance Plan has a two-year waiting period. You can see it written on their television commercial in the fine print.

What is Opencare Senior Plan?

The senior Open Care plan is whole life insurance. It provides fast cash payment to ensure your family can pay for your final expenses. Coverage ranges from $2,500 to $50,000, no exam is required and no one can be turned down.

What is the Final Expense Insurance Policy?

The final expense is a smaller permanent life insurance policy typically intended to help the elderly with funeral and other end-of-life expenses. Since the coverage amounts are lower than other types of life insurance, such as term or permanent insurance, the premiums for a final expense policy tend to be affordable.

Best Opencare Final Expenses Plan 2022