CVS Health®
Final Expense

The CVS Final Expense product is underwritten by Accendo Insurance Company, part of the CVS Health® family of companies and an Aetna affiliate

  • Requires no medical exam
  • Low premiums that don’t go up
  • Super preferred rate which is 10% lower

Covering your final expenses at a time of loss.

A funeral can be one of the largest family expenses — costing $7,360 or more on average, not including the cemetery plot, tombstone, and other related costs.¹ Plus, Social Security benefits pay only $255 to qualified dependents and the Veteran’s Administration benefit offers only $300.²

That’s why CVS final expense insurance was created. It’s a whole life insurance policy designed to cover funeral costs or medical bills with a cash payment made directly to your beneficiaries. 

CVS Final Expense Life Insurance

Peace of mind from a name you trust: CVS Health.

This new plan is offered by Accendo Insurance Company, which is part of the CVS Health family of companies and an Aetna affiliate. And it was created the way we approach everything — with features and benefits that meet your needs and exceed your expectations.

Want more information about this plan?

Ready to redefine what’s possible for your clients? Submit your request today.

cvs final expense

Competitive rates and flexible coverage amounts.

Providing great value for your money is part of our DNA. This new final expense plan was designed to give you competitive premium rates with flexible coverage amounts that meet your specific needs—from as low as $2,000 to as much as $50,000 for selected ages.

cvs final expense

Broad qualifying age range.

Worried you’ve waited too long to get final expense insurance? If you’re between the ages of 40 and 89, you can apply by simply answering a few health questions—no medical exam required.

cvs final expense

Matches Social Security deposit schedule.

If you’re on Social Security, we set up your automatic payments to line up with the Social Security benefit deposit schedule. So it’s always easy to pay your premiums when due as you keep your plan current.

cvs final expense

Super preferred rate available.

You may qualify for the super preferred rate on this Final Expense plan, which is10% lower than the preferred rate, if you were issued a CVS Health/Aetna MedicareSupplement policy underwritten in the last180 days.2

Add-ons for the CVS Final expense that meet your unique needs.

No final expense policy fits all. Fortunately, this plan allows you to make additions (or riders) to your coverage, including:

  • A Child/Grandchild Rider that provides final expense coverage to your children and grand children and can be converted to lifetime coverage, five times the face amount, up to $35,000.
  • An Accelerated Death Rider4 that lets you access a portion of the face amount, up to 50%, if diagnosed with a terminal illness and death is expected within 12 months.
  • An Accidental Death Benefit Rider that pays 100% of the face value if your life is cut short due to an accident.5

Where is this plan available?

Starting March 13th, 2020, the plan is available in all the states marked red. They will be releasing more states in April and have filed in almost all of the states.

CVS Final Expense Coverage Map

For Agent Use Only. Not For Public Distribution. *Clients are eligible for a Household Premium Discount if they reside with a spouse or have resided with at least one, but not more than three, other adults. For the purpose of this discount, a civil union partner or domestic partner will be considered a legal spouse when such partnerships are valid and recognized in client’s state of residence. . Contact Tidewater Management Group (NC & SC FMO) for more details. (888) 622-9122

1 National Funeral Directors Association 2020, nfda.org/news/statistics
2 Social Security Rules and Regs, www.ssa.gov/pubs/10008.html
3 Super preferred rate available on Final Expense if you were issued a CVS Health/Aetna company Medicare Supplement policy
underwritten in the last 180 days. The Final Expense super preferred rate is 10% lower than the preferred rate.
4 Requires health exam with two independent physicians. Must be added at time of original application. Available on level plans
only and has a minimum benefit of $1,000 and a maximum benefit of $15,000. No cost on level plans of $5,000 and greater.
5 Coverage ends after the policyholder’s 75th birthday. Available on level plans only and must be added at time of original application.

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