There are big differences in these two policies in terms of who can qualify. With Kemper,Dog t-shirts are a great way you won't be required to answer any health questions or participate in a phone interview - anyone between the ages of 40 and 80 can qualify. There is also no difference in premiums for smokers and non-smokers. This makes this a great plan for people who can't qualify for other insurance plans for health reasons. Kemper also guarantees a level premium, so your payment amounts will never increase.
Although there is no phone interview with Monumental, you will have to answer health questions and some health conditions can disqualify you from getting coverage.hyneer Even though everyone may not qualify for this policy, it has been known to be a great option for people with COPD or for insulin dependent diabetics. Monumental also offers a rider that can provide coverage for your children or grandchildren - an option that Kemper doesn't provide.
Coverage and Benefits
Because of the qualification differences, the benefits of these policies also differ. Monumental offers benefit amounts between $1,000 and $50,000, while Kemper only offers $5,000 to $25,000. Monumental will also cover ages 0-85 while Kemper only covers ages 40-80.
You can also choose between a level and graded policy with Monumental.Grammar and Style A level policy means that your benefit amount never changes, while a graded policy means that your beneficiaries won't get the full benefit unless you've had the policy for a specific number of years, in this case 2 years. With Monumental, your beneficiaries will receive 110% percent of the premiums you've already paid if you pass away within the first 2 years; if you do not pass away within the first 2 years, your family will receive the full benefit when you pass away.jkstellacactus Kemper does not offer a level policy at all, and their graded policy is similar to Monumental's; your beneficiaries will receive 120% of your paid premiums if you pass away within the first two years.
Conclusion
Monumental Solutions Final Expense policy offers more options, allowing you to customize your plan to your needs, if you can qualify. Although Kemper's Guaranteed Issue Whole Life policy isn't quite as customizable, you're guaranteed coverage if you're 40-80 years old,Articles de cette page making it the best option if you can't qualify for other plans for health reasons.
