The Golden Memorial Plan
Death is inevitable, so it’s a smart move to pre-plan for this life event with a final expense or funeral insurance plan. With a low-cost funeral insurance policy, you can make sure your funeral is arranged and paid for in advance, while leaving your loved ones stress free, and without burden after your passing.
Rates Never Increase
The same low monthly rate you start at, is the same low monthly rate you’ll pay, for the life of the policy.
Claims Paid within 24 Hours
Simple as that. No other life insurance company can make this promise.
No Physical Exam
Your insurance coverage is based on the information you provide in the application.
Comfortable Range
Protection from $1,000 to $20,000. You decide how much you need and can comfortably afford.
Affordable Payments
We want you to have peace of mind, which is why we offer affordable monthly payments to all customers.
Builds Cash Value
After a certain amount of time your policy builds cash and loan value every year.
Family or Individual Protection
The protection that fits your needs
Our funeral insurance plan pays cash for funeral and other expenses anywhere in the world and is accepted by funeral directors everywhere. Final expense funeral insurance for your family can include an accidental death benefit of up to $100,000*. We know that accidents happen suddenly and unexpectedly. In the event of accidental death, this amount would be paid to your beneficiary in addition to your final expense life insurance coverage.
States our funeral insurance plan is offered in:
California, Arizona, Colorado, Nevada, Oregon, New Mexico, Texas, Florida, Illinois, Virginia, Wisconsin, Idaho, Utah, Montana, Hawaii, Alaska
- Final Expense: 0-85
- Modified: 0-85
- 20-Pay:0-80
FCGS saved Golden Memorial plan holders over $13 million on funeral costs last year…
Family Support Services…
When a policyholder passes away – we want to make sure things go smoothly and easily for your loved ones, which is why our plan comes with a FREE membership to the Funeral Consumer Guardian Society (FCGS). On your behalf, the FCGS will immediately go into action when a policyholder passes away to help surviving loved ones in charge of funeral arrangements cope with the many details that immediately arise. When you become enrolled with FCGS’ family support services:
- You can decide the details of the funeral arrangements of your choice…a 2-page final wishes form makes it fast and simple.
- FCGS keeps your wishes safe and secure on file.
- Your loved ones get a 24-hour toll-free service number to call in time of need.
- FCGS will compare up to 3 different funeral homes to find the best price available.
- Families save an average of $1,800 on traditional funerals and up to $600 on cremation with the help of FCGS.
The FCGS is not affiliated with any religion, funeral home, cemetery, or any particular funeral approach. There is never any obligation or pressure to buy anything from anyone.
How the Golden Memorial Plan Works
The Golden Memorial Plan is final expense whole life insurance underwritten by Lincoln Heritage Life Insurance Company. Available benefit amounts, premiums, issue ages, waiting periods, and eligibility vary by applicant and state. Approved benefits are paid to the named beneficiary and may be used for funeral costs or other expenses.
Claim Timing
Golden Memorial states that eligible approved claims may be paid within 24 hours after required documentation is received and reviewed. Actual timing depends on policy terms, claim approval, documentation, contestability, weekends, holidays, and other circumstances. Families should refer to the issued policy and claims instructions for controlling terms.
Comparing Final Expense Options
Understanding how simplified issue final expense whole life insurance compares to other policy types helps families choose the right coverage:
| Policy Feature | Golden Memorial (Simplified Issue) | Traditional Whole Life | Guaranteed Issue |
|---|---|---|---|
| Medical Exam | No physical exam (health questions only) | Full exam & blood work often required | No medical exam |
| Waiting Period | Full first-day coverage for qualifying applicants | Full coverage upon policy approval | Standard 2-year waiting period |
| Starting Rates | From ~$15/month (under $1/day) | Higher minimum premiums | Higher rates per $1,000 benefit |
| Issue Ages | Ages 0 to 85 | Usually limited over age 70 | Typically ages 50 to 80 |
| Funeral Planning Support | FCGS membership included (24-hr family assistance) | None included | None included |