Open Care Senior Plan Cost

Medicare And Medicare Supplement Plans

One Care Seniors offers a Medicare + Rx policy that covers in- and out-of-network expenses and fixed out-of-pocket limits . As the name implies, the Medicare + Rx plan covers prescription fees as well.

If you arent seeking complete Medicare coverage, Open Care Seniors also offers Medicare supplement options. A Medicare supplement can be added to your existing Medicare coverage and can serve to minimize out-of-pocket expenses during illness or injury.

How Can Funeral Funds Help Me

If you want to buy burial insurance, funeral insurance, or final expense life insurance, trust an independent insurance agency like Funeral Funds to compare different life insurance companies to get the best plan.

Trying to find a policy neednt be a frustrating process working with an independent agency like Funeral Funds will make the process easier and quicker.

You dont have to waste your precious time searching for multiple insurance companies anymore because we will do the work for you.

We will shop your case at different insurance carriers and get you the best price.

We will assist you in securing the coverage you need at a rate you can afford. So, if you are looking for insurance, burial insurance, or final expense life insurance, we can help. Fill out our quote form on this page or call us at 862-9456, and we can give you the best quotes for life insurance.

Open Care Reviews The Gimmicks

They are gimmicky plain and simple.

They offer their plans at 7.49 per month which is the same as Colonial Penns 995 plan gimmick. This is not true, they are an independent insurance agency that are using the rates shown to get you to call them.

You will most likely end up with a 2 year waiting period policy if you work with them given the information we have gathered. This is also only available for seniors below 85 years old. So acceptance is guaranteed with their life insurance company unless you are over 85.

The amount of problems this creates is concerning.

Read Also: Free Online Tax Filing For Seniors

Opencare Senior Plan Products

Open Care Seniors is a company that specializes in life insurance for final expenses also known as whole life insurance or burial insurance.

Their plans do not require a medical exam which is common for most final expense life insurance plans. What this means is that you would answer health questions on the life insurance company application.

At that point, they will look at your health history and prescriptions, and based on those you would most likely be approved or denied.

Their products are as follows:

• Whole Life
• Accidental Death

Now their Open Care Senior Plan is advertised through their opencare final expense commercial on TV that they run. We have warned in previous blogs about the issue of buying into TV advertised policies. The reason being is that more often than not we have encountered clients that bought policies with a 2 year wait period for their death benefits.

Open Care advertises $25k of free benefits we often refer to this as a gimmick because it can imply that the coverage is free Its not.

This is why it is crucial to do your due diligence on opencare final expense plans reviews before letting the power of marketing sway you into a policy that isnt the best option for you. We believe firmly here at ParamountQuote that client comes first always!

Open Care Whole Life Options

There are 2 plans they offer.

• Guaranteed Acceptance Plan

• Simplified Issue Plan

Why Are Second Opinions Important

My twin girls Emily and Eva thank you for reading, and hope youve gained truly valuable information on your search for life or burial insurance. If youre ready to discover your options for life or burial insurance, call me at 888-626-0439 now for your free life insurance quote!

If a car mechanic was charging you a seemingly outrageous price on fixed up your vehicle, wouldnt you seek a second opinion, just to make sure the deal is fair and hes not ripping you off?

The same goes for buying burial insurance.

Always seek a second opinion.

At the end of the day, whether or not you do business with an OpenCare Senior Plan is totally your business.

If you decide its for you, then thats fantastic.

Hopefully, youll agree with me about the importance of getting a second opinion.

Also Check: How To Improve Balance In Seniors

Compare Senior Care Costs

In light of these statistics, it isn’t surprising that receiving adult day care or in-home care has become more and more popular. Adult day care services are another option that can make long-term care more affordable. These rates and the rates of in-home services have risen less than the cost of nursing homes. Whether you are looking to prepare for your financial future, or you are helping a loved one make decisions about long-term health care options, the rising costs of services are likely to make your job a difficult one. Finding the financial resources to cover these costs requires foresight and careful financial planning. Also, to figuring out what government benefits offered for care, you should consider an aggressive savings plan and talk with a professional about long-term care insurance options.

No Living Expenses Coverage

Another drawback of this final expense insurance plan is that they only cover your final expenses.

But if you purchase other types of insurance programs, you get enough money to cover your living expenses, funeral expense, and debts.

In other words, if you have debts and you die, your family has to pay for the debts on their own.

You May Like: Best Cell Phone For Seniors With Dementia

Alternatives To Open Care

As Im sure you understand now, Open Care is not the best option for a funeral expense insurance plan. You may be asking, So now what? Well, now you need to look at different alternatives to an Open Care plan.

I cannot just rattle off appropriate alternatives because the appropriate alternative for you specifically may be different from another one of my customers. However, we work with over 15 different insurance providers.

I have no doubt that we at Buy Life Insurance For Burial can find a well suited alternative plan that provides better coverage at a competitive or even lower rate than Open Care.

If you would be interested in getting answers to different questions you have about insurance or taking a look at the options available to you give us a call at 888-626-0439.

Is Opencare The Best Place To Buy Final Expense Insurance

There isnt anything negative about them on the internet, so there is no reason to believe they are untrustworthy.

That said, as a consumer, you have no way of knowing which companies they represent.

They should make that clear on their website.

You have no way of knowing if they can shop the market for you to get you the best deal.

Do they work with just one company or 10? There is no way to know, sadly.

When buying burial insurance coverage, you must compare offers from multiple insurance providers to ensure youre getting the best deal for yourself and your family.

We dont know if Opencare can do that.

If you would like a second opinion, give us a chance to earn your business. Were an independent agency that specializes in final expense insurance.

We work with over 15 different companies to compare offers from multiple companies to isolate the best deal.

Or you can go with Opencare. Youll very likely be in safe hands, but youll never really know if their offer is the best you can do.

Also Check: What Is Senior Discount Age

Should You Choose Them

If youre in the market for final expense insurance, include OpenCareSeniors in your list of options.

Like any insurance, I recommend that you get at least 3 quotes.

You can secure quotes online in a matter of minutes in most cases which makes it easy to compare your coverage, riders, and premiums to get the best deal.

Why Consider A Guaranteed Universal Life Plan Over Burial Insurance

Considering a guaranteed Universal Life Plan instead of a burial insurance policy can broaden your options. Usually a guaranteed Universal Life Plan offers a higher level of coverage for a lower premium. This is definitely a good option to at least consider when youre looking at purchasing an insurance product.

In many cases, Ive seen no-lapse universal life policies cost as much as 50% less than burial insurance.

For example, if it costs $150/month for $25,000 in coverage with a burial insurance plan, then it will cost $75/month for the same amount of coverage with a guaranteed universal life insurance product, assuming you medically qualify.

This difference is massive, not just on your budget, but on how much coverage you could get.

Lets say you could afford $150/month in this example. It would afford you approximately $50,000 in coverage.

This is double the amount youd get with burial insurance. So, why not consider seeing if guaranteed universal life insurance would qualify you for coverage?

Don’t Miss: Walmart Landline Phones For Seniors

Who Are Open Care Seniors

Open Care Seniors is an independent insurance agency based out of Naples, Florida, that mainly sells final expense life insurance. They also sell term life insurance, accidental death, and Medicare-related products. Its hard to find information about them, but our research revealed they are a legitimately licensed insurance agency.

They run many national TV commercials that claim youre eligible for $25,000 in final expense coverage.

Their website highlights amazingly low prices, such as rates start at $7.49 per month. Similar to the Colonial Penn $9.95 plan, you should not take rates seriously.

You should not in any way expect to pay $7.49 per month for coverage if you opt to buy an Open Care life insurance plan.

What Products Does Open Care Insurance Offer

Open Care Senior plans offers up to $30,000 in coverage, specifically No Exam Whole Life Insurance. After all, this is the right type of coverage you need for your future funeral and burial expenses. They have 3 types of whole life to choose from:

• Level Benefit Whole life: Even though there is no medical examinations, you will be required to answer some medical questions. Furthermore, the insurance company may verify your medications and health history.
• Graded Benefit Whole Life:If you did not qualify for the level plan, you may be able to get approved for a graded plan. This plan has a 2-year waiting period before youre insured.
• Guaranteed Whole Life: These plans guarantee your approval without medical questions. In fact, this is the most popular plan for individuals with poor health.

Also Check: Senior Life Insurance Phone Number

Additional Open Care Seniors Questions & Answers

OPEN CARE SENIORS COMPANY INFORMATION

What is Open Care Seniors?

Open Care Seniors is not an insurance company. They are a national insurance agency that provides insurance services.

Is OpenCare Seniors Insurance still in business?

Yes, Open Care Seniors is still in business today. They sell term life insurance, final expense insurance, long-term care products, and Medicare products.

Is Open Care Seniors Insurance legitimate?

Yes, Open Care Seniors is a legitimate insurance agency.

Is Open Care legit?

Yes, Open Care is a legitimate life insurance agency in the US.

What is Open Care Seniors website?

You can find Open Care Seniors at https://opencareseniors.com

What is the Open Care Seniors insurance phone number?

You can call Open Care Seniors at 300-1446

What is Open Care Seniors fax number?

Open Care Seniors fax number is 222-9443

What is the OpenCare Seniors customer service number?

Their customer service number is 300-1446

What is Open Care Seniors email address?

Their email address is: opencareinsurance@opencareseniors.com

Where is the Open Care Seniors located?

Open Care Seniors is located in Naples, Florida

What is Open Care Seniors corporate address?

Open Care Seniors corporate address is 4755 9th Street North Naples, Florida 34103

Where can I find Open Care Seniors life insurance reviews?

Check out Open Care final expense plan reviews here. Reading Open Care life insurance reviews will help you make an informed decision.

Who is Open Care commercial actress?

Term Life Insurance Options

The Opencare senior plan is a $25,000-$500,000 term life insurance coverage for persons aged 18 to 75. This strategy is only temporary.

The term life policy, like their final expense insurance, does not require a medical exam instead, you must answer a few medical questions to be covered.

Unlike their final expense plan, their term life option will expire after 10, 20, or 30 years.

Please keep in mind that the length of the term you are eligible for is governed by your age.

A 60-year-old, for example, will not be eligible for a 30-year term.

Its also important to keep in mind that you must be medically qualified for their term life insurance. A term life policy does not have a guaranteed acceptance option.

Furthermore, let me clarify what OpenCares final expenditure plans do not always provide.

Term insurance is the first option.

OpenCare final expense plans are a fantastic and best way to address temporary commitments, even if they arent often used to pay final expenses.

For example, if you pass away before your mortgage is paid off, a term life insurance plan for seniors performs an excellent job of covering that expense.

The same can be said for income replacement. Have you ever considered what would happen if you died while still working and holding a job?

Your familys finances would be in serious jeopardy.

While your death would be heartbreaking, you can avoid financial ruin and can have financial protection by purchasing a low-cost term life insurance policy.

Recommended Reading: Government Benefits For Seniors Over 65

Key Facts About Open Care Life Insurance

Open care life insurance agency offers a temporary senior plan for adults 18-75 with a range of $25,000-$500k. Those who are already medically qualified can eligible for the open care term life insurance policy.

Opencare life insurance plan has a great option for covering short-term obligations, while maximum people dont use oprncare final expense plan to cover funeral costs. Remember that there are no guaranteed acceptance options available so always verify your eligibility before applying for opencare plan. Read all the open care life insurance reviews.

Here are some key factors about Open Care Life Insurance:

• Through Opencare you can secure coverage for up to $50,000.
• Opencaresenior offers term life insurance and whole life final expense plans.
• Opencare policy has a 2-years waiting period.
• There is no medical exam you have to qualify for.
• Opencare policy is best for seniors with no life insurance.

Qualifying Questions That You Have To Answer

If you are planning to purchase the simplified insurance program, you have to answer a few basic questions.

Furthermore, if you answer some major questions correctly, you will get insurance.

Lets have a look at some questions that they may ask.

Not to mention, your answers need to be ânoâ to qualify for the simplified insurance plan.

• Have you got treatment or diagnosed with dementia?
• Ever got treatment for diabetes before the age of 50?
• Have you got treatment for any health condition in the last two months?

If your answer to any or all the questions is yes, you will not qualify for the simplified plan. But dont worry, you still have the option.

The company will qualify you for the guaranteed life insurance plan. This way, you can purchase an insurance plan that can secure your family.

Your family gets the amount to pay for your final expenses rather than taking any debts to pay for it.

You May Like: Design And Architecture Senior High

Open Care Final Expense Plans Review

Like most insurances, this policy guarantees us financial protection. In order to understand the importance of these open care final spending plans, lets see some of its reviews:

• It reduces death costs, it also guarantees the granting of benefits, as long as the premiums are paid.
• Obtaining these policies is easier than other insurances and can be paid monthly or annually.
• The beneficiary can choose what to spend the insurance money on.
• They generally do not require medical examinations and accumulate cash value, which can be used while the policy is active.

Americo: Eagle Premier Series

Best for Quick Coverage

Founded in 1946, Americo has been providing financial services and insurance products for over 70 years. It offers a strong portfolio of life insurance policies in particular, including several whole life insurance policies.

The quick application process is similar to that of other companies. But in addition to simplifying the process, Americo also has one of the quickest wait times between the time of approval and the time coverage begins. Once approved, theres no waiting period for the policy, so full coverage starts from day one. This can provide much needed reassurance for anyone who is worried about passing away within the first few years of purchasing the plan. Americo is one of the few companies that provides immediate coverage for people with COPD and other high-risk health conditions.

Eligibility

To qualify for this policy, you must be a nonsmoker between the ages of 50 85. If you do smoke, you must be between the ages of 50 80. While there is no medical exam required, there are some simple health questions on the application that will determine your eligibility. The quick-issue application process means that approved applicants get their coverage quickly usually within 48 hours of approval. Americo does not provide coverage to residents of New York.

Plan Information

You May Like: Homemade Cat Food Recipes For Senior Cats

Open Care Life Insurance

Many of these skeptics refuse to accept the products offered by funeral life insurance companies in line with the medical. custodial care is something that they would definitely need one day.

Mainly, people think that having a savings account is enough to spend on something that will make Opencare life insurance companies richer than they already are.

This kind of thought has led many people into the booby trap that they have designed for themselves.

Its okay to be cautious when planning your future, but not to the point of putting your needs at stake. So many people in the past wallowed in fear that they did nothing to plan their future. So ultimately lost everything it took them years to acquire

That overrated fear of ending up like other life insurance policyholders. Who put their trust in bogus insurance companies only to not receive a single penny of their policy benefits will keep you from making your long-term care plans.