[Rick Lee]

It's straight whole life insurance - premium and benefit never change, you pay until you die, it builds cash value, minimal underwriting, usually maxes out at $25-35k. You can put anyone you want as a beneficiary and that's who gets the payout upon your death. We call it final expense for people between ages 50-80 because they usually want it to take the funeral or other expenses off the shoulders of their kids. But it's just simple whole life in smaller amounts and with a few health questions.