Phoenix Remembrance Life
Do you want to ease the burden of paying for your final expenses?
Your family could face significant costs when planning for your funeral and paying other bills you may have incurred in your last few years. A final expense policy may be a good solution to help reduce financial strains at the greatest moment of their grief.
Our Remembrance Life offers a convenient way to get any coverage you may need, while also extending valuable living benefits at no extra charge. Your death benefit will never change from time of issue unless you take a loan or cash out the policy.
In addition, at no extra charge, we offer extra benefits,
a critical illness, terminal illness, and accidental death benefit rider
Living benefits for serious illnesses
The critical illness and terminal illness riders will allow you to take a portion of your death benefit early in the event you become seriously ill. Though the estimate continues to be refined by researchers, a generally accepted fact is that a person on average incurs 25% of all Medicare costs in their last year of life.1
Accidental death benefit
We also offer an accidental death benefit rider at no additional charge. This will pay your beneficiary an additional lump-sum amount equal to 100% of the lump-sum death benefit policy if your death should occur by a covered accident. To be eligible, you must be under age 65 at the time the policy is issued. This benefit ends when you turn 75.