An in-depth comparison to help you choose the right final expense insurance carrier.
| Feature | Globe Life | Colonial Penn |
|---|---|---|
| Financial Strength | A (AM Best) | B++ (AM Best) |
| Max Coverage | $50,000 | $25,000 |
| Health Questions | Yes (simplified) | None |
| Waiting Period | None (level benefit) | 2 years (graded) |
| Approval Speed | Same day | Same day |
| Premium Type | Level | Fixed by unit |
| Coverage Range | $5,000 - $50,000 | $3,000 - $25,000 |
| Premium Range | $20 - $160/mo | $30 - $200/mo |
Compare rates from top final expense insurance carriers.
AM Best Rating: A | Founded: 1951 | Headquarters: McKinney, TX
Coverage: $5,000 - $50,000 | Premiums: $20 - $160/mo
Best For: Those wanting quick, no-hassle coverage with familiar branding.
AM Best Rating: B++ | Founded: 1968 | Headquarters: Philadelphia, PA
Coverage: $3,000 - $25,000 | Premiums: $30 - $200/mo
Best For: Applicants who cannot qualify elsewhere due to health conditions.
Globe Life offers better value for most applicants with lower premiums and higher coverage limits. Colonial Penn is best for those who cannot qualify for any other coverage due to serious health conditions.
Compare rates from top final expense insurance carriers.