American Home Life

American Home Life has been in business for over 100 years. It serves middle market consumers who are looking for both traditional insurance products as well as final expense and final expense insurance. American Home Life does not conduct business in all 50 states, so you should consult the company’s service map to see if there’s a location near you. American Home Life operates as a mutual insurance company. This means that it is owned entirely by its policyholders, it has no shareholders, and it is not publicly traded on any exchange.

American Home Life offers a final expense plan for individuals between the ages of 50 and 85. Final expense plans are basically whole life insurance plans with death benefits that are usually lower than traditional life insurance. In this case, the company pays between $1,000 and $35,000 on its whole life final expense plans. To see if you qualify, you may contact American Home Life via its website or the contact number listed at the bottom of this document. You’ll need to fill out a nine-question application, but you are not required to take any medical exams or tests.

How much does a final expense insurance policy cost?

Final expense or final expense insurance costs cover a wide price range depending upon your age, your current health (and any historical health problems), and your location as well as the insurance company and type of policy that you choose. If you drink, smoke, or have a history of heart problems in your family, you might have trouble obtaining a burial policy. If you obtain one, you will pay higher premiums compared to the average. On the other hand, if you’re toward the low end of the age spectrum in terms of people who apply for burial policies and you have a clean bill of health, you will probably have much lower annual or monthly premium payments. Most insurance companies offer burial insurance to individuals aged 50 to 85. If you are close to age 85 at the time of your application, you should expect high premiums.

How long does a final expense insurance policy last?

Burial and final expense insurance lasts until the death of the policyholder. At that time, the beneficiaries will receive a lump-sum cash payout as per the policy. Burial and final expense insurance does not expire. Burial policies may be canceled in very specific circumstances relating to insurance fraud by the provider company. Burial policies may also be canceled if you refuse to pay your premiums in a timely manner.

How to get started

If you are already an American Home Life customer, you should contact your local agent or representative and inquire about a final expense policy. If you are a prospective customer, you can obtain further information by filling out the contact form on the American Home Life website. You may also shop for policies using our comparison tool by clicking on the following link.

Financial Strength Ratings

AM Best – B++, Stable outlook
Moody’s – Not rated
Standard & Poor – Not rated

Company contact info

American Home Life Insurance Company
Tom D. Morris – Senior VP Marketing
tdmorris@amhomelife.com
(785) 235-6272