NGA / IMO Hybrid & Distribution Partner
Final Expense Contracting Built to Beat Your Current Commission Level
BetterLifeQuotes.com is an NGA / IMO Hybrid & Distribution Partner that will beat your current commission levels and scale your current practice. This page is all about final expense: the product, the carriers, the commission and the support behind it. Our job is to beat your current commission level, and our mission is to make sure you scale with every life insurance product.
90% starting commission: solo agents starting out who meet our 6-month minimum requirement (at least 6 months of continuous life insurance sales, plus the rest of our minimum requirements) start at a 90% commission at contracting, with commission up to 157% across our 13 carriers.
Final expense at BetterLifeQuotes.com, at a glance
- 13 carriers today, with Ethos, Americo and many more carriers on the way. See every carrier on the Carrier List.
- Commission up to 157%, and our job is to beat your current commission level.
- 90% starting commission at contracting for solo agents starting out who meet our 6-month minimum requirement.
- You own your book of business, your renewals and your hierarchy, even upon release, and releases are granted.
- No production minimums, no lead debt and no micromanagement.
- Back office support on every product we contract: a guided contracting roadmap, a members portal, a carrier resource directory and help with carrier appointments, transfers and contracting questions; sales training, telesales scripts, objection handling, closing strategies, personal coaching and ongoing professional development; an agent management system with production, commission and book-of-business reporting; the CallWave inbound call platform with lead strategy and ROI guidance; and recruiting, training and retention resources for agency growth.
What is final expense insurance?
Final expense insurance, also called burial insurance or funeral insurance, is a whole life insurance policy with a smaller face amount that is meant to pay for a funeral, burial or cremation, final medical bills and other end-of-life costs. Coverage is permanent, premiums stay level, and the policy builds cash value. It is usually sold to people from about age 50 to 85, and most applications use a short set of health questions instead of a medical exam.
Final expense plan types agents sell
Level benefit (SIWL)
Simplified issue whole life. Applicants who qualify on the health questions get the full death benefit from day one.
Graded or modified benefit
For applicants with certain health conditions. If death from natural causes happens during the first two years, the plan usually pays a reduced benefit or returns premiums (plus interest on some plans); the full benefit applies after that.
Guaranteed issue (GIWL)
Guaranteed issue whole life asks no health questions. It usually carries a two-year limited benefit period for death from natural causes, with accidental death typically covered in full from day one.
Final expense carriers you can contract through us
Aetna, Transamerica, AIG / Corebridge, American Amicable, American Home Life, Foresters, Royal Neighbors, Aflac, CICA, Liberty Bankers, Mutual of Omaha, GTL and Gerber. Each carrier's profile and max commission level is on the Carrier List, and Ethos, Americo and many more carriers are on the way.
How our agents sell final expense
- By phone: telesales with your own lead source, plus inbound calls through the CallWave inbound call platform.
- In the home: face-to-face appointments with seniors and their families.
- As a cross-sell: Medicare and ACA agencies add final expense for clients they already serve. See contracting for healthcare agencies.
Free playbooks: the final expense sales script, the objections playbook and advance vs as-earned commission.
All the support we offer
Everything below comes with your contract on every product we contract: final expense, term, IUL, UL and whole life. Training is limited to agents who meet our minimum requirements and the new agents recruited by them or by a new, established or healthcare agency.
Carrier access and streamlined contracting
- Simplified onboarding: register and get immediate access to a guided contracting roadmap that walks you through the onboarding process.
- Dedicated members portal: once contracting is complete, you unlock the full members portal, with centralized access to the tools, training and resources you need to succeed.
- Carrier resource directory: carrier-specific training materials, contact information, department emails and phone numbers for service and support needs.
- Contracting support: help with carrier appointments, transfers and contracting questions.
Agent training and development
- Comprehensive sales training on every product for qualifying agents and the new agents recruited under them.
- Proven telesales scripts, objection-handling techniques and closing strategies.
- Personalized coaching and ongoing professional development.
Agent management system
- Simple and easy to use: a straightforward system focused on the essential tools agents and agencies need to manage their book of business, without unnecessary bells and whistles.
- Production and agent management: agency management tools to monitor production, track performance and manage agent relationships.
- Commission and book-of-business reporting: commission reporting and book-of-business management.
CallWave inbound call platform
- Comprehensive inbound calls: adjust inbound call specifications to suit your preferences and business needs.
- Lead strategy and ROI: guidance on lead strategies, conversion optimization and maximizing return on investment.
Support for agency growth
- Recruiting, training and retention resources to help agencies build productive, sustainable teams.
Leads are not included. Agents bring their own lead source.
Final expense contracting for every kind of producer
Solo agents
Solo agents starting out who meet our 6-month minimum requirement start at a 90% commission at contracting. Apply as a solo agent.
New agencies
Share your agency plan and downline goals, and recruit agents who do not yet meet the 6-month minimum. New agency contracting.
Established agencies
Bring your team and book and earn overrides on downline production. Established agency contracting.
Healthcare agencies
ACA and Medicare agencies cross-sell final expense and every other life insurance product. Healthcare agency contracting.
Final expense is where you start, not where you stop
BetterLifeQuotes.com is no longer final expense only. We now contract final expense, term, IUL, UL and whole life, so you can scale your current practice with every life insurance product. See term, IUL, UL and whole life contracting.
Final expense contracting FAQ
What is final expense insurance?
A whole life insurance policy with a smaller face amount, built to pay funeral, burial or cremation costs, final medical bills and other end-of-life expenses. Premiums stay level and coverage is permanent.
Is burial insurance the same as final expense insurance?
Yes. Burial insurance, funeral insurance and final expense insurance are different names for the same kind of small whole life policy.
What commission can I start at on final expense?
Solo agents starting out who meet our 6-month minimum requirement start at a 90% commission at contracting, with commission up to 157%. The 90% starting commission does not apply to new, established or healthcare agencies; for agencies, our job is to beat your current commission level.
Which final expense carriers can I contract with?
Aetna, Transamerica, AIG / Corebridge, American Amicable, American Home Life, Foresters, Royal Neighbors, Aflac, CICA, Liberty Bankers, Mutual of Omaha, GTL and Gerber, with Ethos, Americo and many more carriers on the way.
Do I own my final expense book of business?
Yes. You own your book, your renewals and your hierarchy, even upon release, and releases are granted.
Can I also sell term, IUL, UL and whole life?
Yes. BetterLifeQuotes.com contracts final expense, term, IUL, UL and whole life, and our job is to beat your current commission level on every one of them. See Life Products.