Here again this type of plan is offered in one form or the other by some of the insurance companies. Usually the benefit amount is to cover the cost of final expenses and may also offer a cost of living increase of approximately 3% per year to a maximum of $15,000.
These benefits vary from company to company. Medical requirements are minimal to non-existent. This guide provides only basic information however, you can get more facts from the insurance professionals at Field Insurance Brokers Inc.