Final Expense  
 


Life Insurance
Universal Life Insurance
Education Plan
Annuities & Retirement
Final Expense
Benevolence Plan
For Pastors
Disability Income
Hospital Expense
Mortgage Protection
Commercial Real Estate Lending

 

Planning Ahead Can Make
All the Difference ...

A Final Expense Plan can ensure that when you depart this life, your family will have the funds it needs to lovingly lay you to rest.

Life Paid Up At Age 85
is a Final Expense Policy with level premiums payable through age 85. This type of policy can be issued through age 80. The maximum policy amount amount is $10,000.

5 Pay Life is a Final Expense Policy offering permanent protection for life with guaranteed level premiums and death benefits. This policy can be issued up to age 80 and allows for premiums for five (5) consecutive years. The maximum face amount is $5,000.

10 Pay Life is a Final Expense Policy offering permanent protection for life with guaranteed level premiums and death benefits. This policy can be issued up to age 75 and allows for premiums for ten (10) consecutive years. The maximum face amount is $5,000.

20 Pay Life is a Final Expense Policy offering permanent protection for life with guaranteed level premiums and death benefits. This policy can be issued up to age 65 and allows for premiums for 20 consecutive years. The maximum face amount is $10,000.

Increasing Benefit Plans offer final expense protection designed to accommodate for rising funeral costs and inflation.  The death benefit of this policy increases five percent (5%) annually, at no extra cost to the policyholder, during the first 20 years you own the policy. The maximum face amount when starting the plan is $5,000. GSM offers four accelerated payment options for your convenience:

  1. Single Premium is a one time payment guaranteed for the life of the policy. This payment option is offered through age 70.

  2. Three Pay Life allows for premium payments for three (3) consecutive years, This payment option is offered through age 80.

  3. Ten Pay Life allows for premium payments for ten (10) consecutive years, This payment option is offered through age 75.

  4. Twenty Pay Life allows for premium payments for 20 consecutive years, This payment option is offered through age 80. 

Each of these plans offers
added benefits

Simplified Underwriting. No medical exam, no height/weight restrictions, only a few questions regarding your health.

Premiums are guaranteed and do not increase.

Non-Cancelable. Your policy will not be cancelled, regardless of age or future health concerns, except for non-payment of premiums.

Back to Top