ManhattanLife Lighthouse Series
Final Expense
As part of the ManhattanLife Lighthouse Series of Senior products, our Secure Advantage Final Expense plan is designed to help you protect loved ones from the worry and financial burden of paying your final expenses. This is an immediate death benefit whole life policy which provides up to $50,000 1 in coverage. Regardless of changes in interest rates or any other factors, your death benefit, premium rates, and cash values will never change. Rates and cash values are guaranteed.
The average funeral cost in the United States is between $7,000 and $12,000 and can quickly escalate from there. 2
Baby boomers hold the highest average personal loan balance of any generation. In the second quarter (Q2) of 2019, boomers—people 55 to 73 years old—carried an average personal loan balance of $19,253, according to Experian data. 3 $19,253
Highlights: • Rates and cash values are guaranteed. • No Waiting Period
• Benefits are Income Tax Free • Optional Accidental Death & Dismemberment Rider available
Ages 0-49 Max Benefit = $50,000
Ages 50-80 Max Benefit = $25,000
Ages 81-85 Max Benefit = $15,000
Policy Form Number: 4-790 (03) (including state variations)
1 Face amount is based on issue age. 2 https://insuranceforburial.com/blog/funeral-costs-for-all-50-states/#:~:text=It's%20wise%20 to%20know%20funeral,so%20the%20family%20won't 3 Lembo, Stefan (30, September 2019) Baby Boomers Carry the Highest Personal Debt. Experian. https://www.experian.com/blogs/ask-experian/research/baby-boomers-and-personal-loans/
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