Choosing your life insurance plan shouldn’t be something that stresses you out.
You should feel confident that your family will be financially protected should something happen to you.
Unfortunately, picking out your plan can be a daunting task. The fear of making the wrong decisions creeps in, and all the different options can be confusing.
Lincoln Heritage is just one of many companies who offers life insurance coverage plans for many different demographics.
In addition to standard life insurance and claims, Lincoln Heritage uses their resources to provide Family Support Services as well.
Read on to find out if Lincoln Heritage is a good option for you and your family.
Lincoln Heritage Life Insurance Review: Top Highlights
Lincoln Heritage uses a program they call Funeral Advantage.
This program is designed to help families through the hard time of losing a loved one, besides just approving their claims.
Here are a few things you need to know about Lincoln Heritage Funeral Advantage:
- Funeral Advantage utilizes Final Expense Life Insurance Cash Benefit.
- Lincoln Heritage offers Family Support Services to connect you with a live representative to assist with funeral needs.
- Easy qualifications and application take just minutes.
Lincoln Heritage is an insurance company that really cares about its customers. Read on to learn more about this company.
What Lincoln Heritage is All About
Lincoln Heritage is not just a life insurance company. They are what many people refer to as burial insurance or funeral insurance.
This is because they don’t just process claims, but they assist families by protecting them from high funeral costs.
Given an “A-“, or Excellent, rating from A.M. Best and an “A+” from the Better Business Bureau, Lincoln Heritage is a reliable and financially stable company that families can depend on.
Functioning since 1963, the company strives to deliver fast claims so that grieving families aren’t stuck waiting.
Lincoln Heritage was founded on the premise that losing a loved one can bring on some of the most difficult days, so claiming insurance and handling funeral details shouldn’t make it any harder than it has to be.
What Makes Lincoln Heritage Unique
Lincoln Heritage is one of very few life insurance companies who offers anything like its Funeral Advantage.
This is definitely the defining factor of this company.
The first part of the Funeral Advantage is the Final Expense Life Insurance Cash Benefit. This program uses an easy application process that requires no medical exam.
The second part is the Family Support Services. This second section comes at no additional cost and works to assist families in organizing funeral actions at the lowest possible cost.
The Application Process
Lincoln Heritage does what it can to make the application process quick, easy, and painless.
Right on the homepage of their website, anyone can sign up to get a fast, free quote.
After that, the company does its best to streamline the application process so that customers can enjoy the comfort in finding their plans and setting them up quickly.
This can be done either online or over the phone with an insurance representative.
Either way, the customer service representatives are eager and happy to help customers by answering questions and setting up life insurance plans.
Within Lincoln Heritage’s website, customers can find tips on funeral planning and life insurance.
These tips include things like cremation versus burial, what to do when a loved one dies, and how to select a life insurance agent.
These various articles give the company a more comfortable and personable feel and allow the customers to feel confident that Lincoln Heritage really cares.
Lincoln Heritage also offers estimations on how much a funeral or a cremation may cost.
This section gives tips on pre-planning, choices, and other insurances.
What We Like About Lincoln Heritage
There’s a lot to like about Lincoln Heritage. We’ve broken down some of those reasons below:
- Quick and easy application process
- Final Expense Life Insurance Cash Benefit
- Family Support Services
These benefits almost speak for themselves, but they are detailed a little further below.
1. Easy Application Process
Lincoln Heritage makes it very easy for potential customers to receive free and fast online quotes (we can help with that, too, of course), and from there they strive to make the application process go quickly.
Applicants can continue online or contact customer service to continue the application process.
Benefits from the Funeral Advantage Program allow customers to go through these application processes without medical exams.
2. Final Expense
This section of the insurance program works by first offering easy qualification and a fast application process.
It then helps families by covering end of life expenses without the need of an examination.
This part of the program is extremely helpful in that it eases the concerns that come with funding a funeral—an event that costs more than emotional damage.
3. Family Support
The second part of the program is the Family Support Services.
The part of the program doesn’t cost any extra but instead comes with the plan.
When the death of a policyholder comes along, a live representative from the Funeral Consumer Guardian Society will reach out to the beneficiaries to take action with the assistance of funeral plans and other post-mortem details.
They ensure that families are taken care of and have the support that they need through a difficult time in life.
What We Don’t Like With Lincoln Heritage
Lincoln Heritage is a company who cares about its customers; it’s hard to find something negative about them.
There are a couple of disadvantages which may deter a few customers from seeking their insurance.
- Not available in all states
- Not the best for younger policyholders.
Continue reading below to see the details to the disadvantages to Lincoln Heritage.
1. Not Available in All States
Lincoln Heritage Funeral Advantage is not yet available in all states within the United States.
For this reason, you may need to look into policies for your specific state to make sure the company can satisfy their needs.
However, most states are included in their services.
2. Better for Older Customers
Lincoln Heritage focuses on the end of life. That’s not completely uncommon, considering they’re a life insurance company.
However, younger customers may not yet be considering things like funeral expenses or other end-of-life costs.
Younger applicants would be best with a basic term policy.
Typically, the older generations will be interested in services such as the Funeral Advantage, and therefore this sections Lincoln Heritage off a bit in terms of customer diversity.
Who is Lincoln Heritage Best for?
Lincoln Heritage has made it very clear that their program offers excellent support, both financially and through representatives, in regards to funerals and death benefits.
For this reason, the program is best for seniors and those ages 40 through 85.
This insurance is better for those who are in their later years of life and are thinking towards funeral expenses.
Younger people aren’t necessarily planning for these types of occurrences, so seniors and older adults may find this program more attractive to their specific needs.
Lincoln Heritage’s Customer Service
It’s no secret that Lincoln Heritage cares about their customers.
For this reason, they are there to do as much as they can to help their current policyholders and to assist any potential customers.
Their agents can be reached via email, phone, fax, or postal mail. Again, so can we.
In addition to traditional customer service, their services include representatives that help beneficiaries with funeral needs and expenses.
Lincoln Heritage’s customer service representatives go above and beyond to ensure their customers are happy and well-guided all the way from insurance choices to funeral planning.
Lincoln Heritage Funeral Advantage is an excellent choice for life insurance.
The truth of the matter is, Lincoln Heritage cares.
They have made this very clear throughout their website, including their customer service descriptions and options.
For someone in the latter half of their life, Lincoln Heritage is a company to seriously consider.
There aren’t many life insurance companies who go out of their way to not only strive to produce fast claims but work to assist families throughout the funeral process.
The only reason this company may not be good for a potential customer is if they are a younger client looking for just a basic life insurance plan. Other than that, Lincoln Heritage is a great choice.
|Company Name (and Subsidiaries)||Lincoln Heritage Life Insurance Company|
London Insurance Group, Inc.
|Company Ratings||A.M. Best (A-)|
Moody’s Investors Services (n/a)
Standard &Poor’s (n/a)
|Headquarters (Address, Phone, Web)||4343 E Camelback Road|
Phoenix, AZ 85018
Phone: (800) 438-7180
|Policy Types Available||Permanent|