If you are looking for life Insurance you have made the smartest move you can make to ensure that your loved ones will always be protected, even if you are not there to take care of them. The good news is that finding a life insurance company will be a piece of cake for you, it’s finding the BEST life insurance company where things start to get a little tricky. If you are inquiring about Lincoln Heritage Funeral Advantage then you have come to the right place because this article, in particular, is a review of  Lincoln Heritage Funeral Advantage Insurance Company. You don’t have to worry about reading another company review that is completely biased because we only write reviews in which are not biased at all but more informative than anything else. We believe everyone has the right to make their own educated decision without being swayed left or right because let’s face it, swaying people won’t help them find their BEST life insurance company. If we tell you if Lincoln Heritage Funeral Advantage Insurance Company is the BEST life insurance company in the market then we would be lying because everyone is different and while one life insurance company is the best for one person may not be the best for someone else. This is because we all have specific needs, different health, and very different lifestyles. In this article, we will be discussing Lincoln Heritage Funeral Advantage Insurance Company, our review of them with an accurate rating, and of course their product offerings with highlights. The following are some key points from this article;

1. Lincoln Heritage Funeral Advantage Insurance Company opened their doors in 1963 when Jack Londen started his first final expense insurance company.
2. Lincoln Heritage Funeral Advantage Insurance Company is the leading provider of Final Expense Insurance. The company operates in 49 states with over 878,000 policies in forced and are valued at more than $6.59 billion.
3. Lincoln Heritage is family owned and operated and their company mission became to set a new bar for improving overall standards by providing prompt friendly service and offering the best types of life insurance policies to be able to meet all the needs of individuals who want to leave memories not bills to their loved ones once they pass.
4. According to A.M Best, they have rated Lincoln Heritage an “A-” or excellent and according to the Better Business Bureau rated them an “A+”. 
5. They really only offer one type of life insurance product which if their final expense insurance, hence the name “funeral advantage”. 
6. The program has two key components. The first component is a Final Expense Life Insurance Cash Benefit that offers easy qualification and a streamlined application process. The second component is the Family Support Services that is provided at no additional cost to every policyholder through the Funeral Consumer Guardian Society. When you pass away you will be glad to know that your family are going to be left in the right hands, the hands of someone who understand all the steps and what to do next.
7. Lincoln Heritage is a highly rated company who have been around for quite some time. They are known for their amazing customer service and the fact that they are a small family owned company is another pro of theirs.
8. A con of Lincoln Heritage is that they only offer funeral insurance, they don’t offer term life, whole life, or any universal life insurance products. Another con is that their program offers no medical exam this may be more expensive than other policies who do require a medical exam. Lastly, they are just another company among many others. 

Lincoln Heritage Funeral Advantage Insurance Company’s History

Lincoln Heritage Funeral Advantage Insurance Company opened their doors in 1963 when Jack Londen started his first final expense insurance company. In 1972, Tom Londen becomes licensed to sell insurance as soon as he turned 18. Three years later the company was acquired by Londen Insurance Group and they quickly grew afterward. In 1987 they reached 100,000 policies in force and in 1991 they already had $10 million in production. By 1994, The Londen Center opened with plenty of room for additional growth. A year later the company grew ti $25 million in production. In 1996, the company had over 250,000 policies in force. In 2001, Matt Londen joined the family business. In 2005, the company had over $50 million in production. In 2011, Alex Londen joined the family business. By 2013 the company had $100 million in production and 690,000 policies in force.

Lincoln Heritage Funeral Advantage Insurance Company 2017 Review

Lincoln Heritage Funeral Advantage Insurance Company is the leading provider of Final Expense Insurance. The company operates in 49 states with over 878,000 policies in forced and are valued at more than $6.59 billion. Lincoln Heritage is family owned and operated and their company mission became to set a new bar for improving overall standards by providing prompt friendly service and offering the best types of life insurance policies to be able to meet all the needs of individuals who want to leave memories not bills to their loved ones once they pass. According to A.M Best, they have rated Lincoln Heritage an “A-“ or excellent and according to the Better Business Bureau rated them an “A+”.

Why these ratings are important to understand

It is important to look at a company’s rating because it shows how financially stable or unstable a company is. Ratings are not made up of thin air, rating agencies like A.M Best and Standard & Poor’s create these ratings based on their investigation of the company’s financials. If a company wants to receive a rating they have to go to a rating agency, or all of them, and ask for their services, they are then handed or mailed a contract in which legally allows the rating agencies to be able to undergo any investigation they feel necessary to provide the most accurate rating possible. Once the company signs the document the company is allowing the agency to go in and get to work. They first analyze their financial statements and their plans. After which they team recommends a rating for the company that they see most fit and that recommended rating gets brought to the board in which the head members vote on to make sure it’s a fair rating for the company to receive. They notify the company of their rating and then proceed to post the rating on their own company website.

If a company is rated pretty well then they are more than capable of paying out their policyholders’ policies and are financially strong. If a company has a bad rating then that means they are not only not financially strong but it means that if anything were to disrupt their grounds the company who was rated badly wouldn’t know how to respond leaving them two choices, to pull out, or to file bankruptcy, either way, their policyholders will not have a policy with them anymore nor will they have their premiums that they have paid up to date returned. Moral of all this is to simply advice you guys into taking a quick glance at the company’s rating before you start investing in them and lose all that money and time.

Lincoln Heritage Funeral Advantage Life Insurance Product

Like we mentioned in their review, Lincoln Heritage is one of the top leading providers of Final Expense Insurance. Since this is true, they really only offer one type of life insurance product which if their final expense insurance, hence the name “funeral advantage”.

The Funeral Advantage Program

The Funeral Advantage Program was designed to be a one-stop easy way for Americans who are in between the ages of 40 and 85 to be able to protect their loved ones from the possible financial hardship one faces after the death of the loved one. If you think about it, a funeral costs over $9,000 and the Federal Government only pays a maximum of $255 toward funeral expenses, how is this enough, maybe for some really nice flowers! The program has two key components. The first component is a Final Expense Life Insurance Cash Benefit that offers easy qualification and a streamlined application process. With this component you do not need to undergo a health exam, you just have to answer a couple health questions on the one-page application.

The second component is the Family Support Services that is provided at no additional cost to every policyholder through the Funeral Consumer Guardian Society. When you pass away you will be glad to know that your family is going to be left in the right hands, the hands of someone who understand all the steps and what to do next. When you pass away a live representative from the Funeral Consumer Guardian Society will go into action on your family’s behalf to help to survive loved ones cope with the many details that immediately arise.

• Those with health issues can still be covered.
• Cash benefits are paid within 24-hours of claim approval.
• As long as you pay your premiums, your rates and benefits are locked in for your whole life.
• $100,000 additional benefits in case your death is caused by accident.
• These services are perfect for those who may not have much in the budget to cover a larger life insurance policy or simply want to add more coverage for burial and funeral expenses.

Pros and Cons of Lincoln Heritage

Lincoln Heritage is a highly rated company who have been around for quite some time. They are known for their amazing customer service and the fact that they are a small family owned company is another pro of theirs. A con of Lincoln Heritage is that they only offer funeral insurance, they don’t offer term life, whole life, or any universal life insurance products. Another con is that their program offers no medical exam this may be more expensive than other policies who do require a medical exam. Lastly, they are just another company among many others.

Work with us!

This Lincoln Heritage Life Insurance Company review was brought to you by InsureChance. We are an independent life insurance agency who work with 60 top rated companies and we have zero ties with any of them because our loyalty is reserved for our clients and our clients only. Whether you decide to buy life insurance from  Midland National Life Insurance Company or not we still recommend for you to shop around for quotes. Shopping around for quotes will allow you to see what options other companies can give you plus you really never know what’s the best until you have other companies to compare this one with. If you have 30 seconds feel free to fill out our quote engine on the bottom of this article so that you can receive a couple of FREE quotes. Not only will you be receiving some quotes from top rated insurance companies but you will also be able to compare them with each other at the same time, so no need to go to any other quote engine!

You can also take advantage of our FREE service and give us a call today. Yes, we said FREE, everyone loves that word so we’ll say it again, YES FREEEE! Our services are free and within our services, we will compare life insurance companies until we find you and your family the best life insurance company who reflect your specific needs, health, and lifestyle. Not only will we not stop until we find you the best life insurance company to buy coverage from but we will also do the whole application and walk you through the whole process so you will never feel like something is being done wrong. Then BAD-A-BING BAD-A-BOOM, you will be insured! We also offer a lifetime guarantee of customer service, so if in the near or far future you decide to change up your policy or want to purchase a new one, we will be one call away and ready to help you. Give us a call today and don’t procrastinate this because you really never know what will happen tomorrow.

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