Quick Answer!
Open Care life insurance is offered through OpenCare Seniors, a licensed insurance broker specializing in final expense, whole life, and term life policies for seniors. They work with multiple insurance carriers and often provide coverage without medical exams. Policies are typically designed to help cover funeral costs and end-of-life expenses.
What Is Open Care Life Insurance?
Open Care life insurance refers to policies marketed by OpenCare Seniors, a brokerage agency that connects applicants with insurance carriers offering final expense and term life coverage.
They are not an insurance company themselves. Instead, they compare policies from multiple providers to match applicants with suitable coverage options.
Types of Insurance Offered
- Final expense (burial or cremation) whole life insurance
- Traditional whole life insurance
- Term life insurance
- Guaranteed issue life insurance
Most policies are designed specifically for seniors and focus on covering funeral expenses, medical bills, or small debts.
Age Limits and Eligibility
Eligibility typically ranges from ages 18 to 85, depending on the type of policy.
- Term life options: Often available up to age 85
- Guaranteed issue whole life: Designed for individuals with health conditions
- No medical exam required for many plans
Some guaranteed issue plans may include a two-year waiting period for natural causes of death.
How Open Care Life Insurance Works
- You request a quote online or by phone.
- An agent gathers basic personal and health information.
- The broker compares policies from partner insurance carriers.
- You select a coverage amount and monthly premium.
- Coverage begins after approval.
Open Care life insurance acts as a broker service rather than underwriting policies directly.
How Much Does Open Care Life Insurance Cost?
Costs vary based on:
- Age
- Gender
- Health condition
- Coverage amount
- Smoking status
Some advertised plans start as low as $7 per month, though actual premiums depend on eligibility and selected coverage. A $10,000 final expense policy may cost significantly more depending on age and health.
Is Open Care Life Insurance Legit?
OpenCare Seniors is described as a licensed insurance broker. However, it is important to understand that they are not an insurance carrier. They represent multiple insurance companies and match applicants to available policies.
Some advertisements have been described as potentially misleading, so reviewing policy details carefully is recommended before purchasing.
Benefits of Open Care Life Insurance
- No medical exam for many plans
- Quick online or phone application
- Multiple carrier comparisons
- Guaranteed issue options available
- Level premiums for many whole life policies
Frequently Asked Questions
Is Open Care life insurance legit?
Yes, OpenCare Seniors operates as a licensed insurance brokerage. They connect consumers with insurance carriers offering life insurance policies.
How much does Open Care cost per month?
Monthly premiums vary based on age, health, and coverage amount. Some plans are advertised starting at $7 per month.
How much is a $10,000 life insurance policy?
The cost of a $10,000 final expense policy depends on age and health status. Older applicants typically pay higher premiums.
Is Open Care a legit insurance company?
OpenCare Seniors is a brokerage, not an insurance company. They work with licensed insurance carriers to offer policies.
Conclusion
Open Care life insurance is primarily focused on final expense and senior life insurance solutions. Because it operates as a broker, applicants should compare quotes carefully and review policy terms before making a decision.
