When it comes to final expense insurance, Lincoln Heritage Life Insurance Company is one of the most recognized names in the industry. If you’re searching for a policy that provides financial protection for your loved ones after you pass away, you might be wondering: is Lincoln Heritage Insurance the right choice for you? In this comprehensive review, we’ll break down everything you need to know, including coverage options, pricing, customer service, pros and cons, and real customer reviews.
What Is Lincoln Heritage Life Insurance Company?
Founded in 1963, Lincoln Heritage Life Insurance Company specializes in final expense insurance, also known as burial insurance. Unlike traditional life insurance policies, final expense insurance is designed to cover funeral costs, medical bills, and any outstanding debts left behind after death.
Lincoln Heritage is well-known for its Funeral Advantage program, a unique plan that not only provides a cash benefit but also offers family support services to help with funeral arrangements.
Lincoln Heritage Life Insurance Company ID & Contact Information
- Company Name: Lincoln Heritage Life Insurance Company
- Founded: 1963
- Headquarters: Phoenix, Arizona, USA
- AM Best Rating: B++ (Good)
- NAIC Number: 65927
- Phone Number: (800) 438-7180
- Website: www.lhlic.com
Lincoln Heritage Insurance Plans & Coverage
1. Final Expense Insurance (Funeral Advantage Program)
The Funeral Advantage Program by Lincoln Heritage is a whole life insurance policy specifically designed to cover final expenses. Here’s what you get:
- Coverage amounts typically range from $2,000 to $35,000.
- No medical exams—only a health questionnaire is required.
- Guaranteed lifetime coverage as long as premiums are paid.
- Premiums never increase, and benefits never decrease.
- Family Support Services: Free assistance in planning and negotiating funeral costs.
2. Accidental Death Coverage
Lincoln Heritage also offers optional accidental death coverage, which provides an extra payout if the policyholder dies due to an accident. This can double or triple the policy’s death benefit.
Pros & Cons of Lincoln Heritage Insurance
Pros:
Easy Qualification: No medical exam required—just health questions.
Fast Payouts: Claims are usually processed within 24 hours after receiving necessary documents.
Family Support Services: Helps families negotiate lower funeral costs.
Fixed Premiums: Your monthly premium never increases.
Strong Reputation: Over 1 million policyholders and decades of experience.
Cons:
Higher Premiums: Compared to traditional life insurance, final expense insurance can be more expensive.
Limited Coverage Amounts: Maximum benefit of $35,000 may not be enough for all financial needs.
Mixed Reviews: Some policyholders report aggressive sales tactics and claim delays.
Lincoln Heritage Insurance Reviews & Customer Feedback
Lincoln Heritage Life Insurance has received mixed reviews from customers. Here’s a breakdown:
Positive Reviews: 
Many policyholders appreciate the simplicity of the Funeral Advantage Program and the fast claims processing. The family support services also receive praise for helping loved ones navigate funeral arrangements.
“Lincoln Heritage made everything so easy for my family when my father passed away. The claims process was smooth, and we received the payout within a day.” – Susan D., California
Negative Reviews:
Some customers have raised concerns about high premiums and pushy sales tactics from agents. Others mention occasional delays in claims processing.
“The coverage is good, but the premiums are higher than I expected. Make sure you compare options before committing.” – Robert M., Texas
How Much Does Lincoln Heritage Life Insurance Cost?
The cost of a Lincoln Heritage Insurance policy depends on factors like age, health, and coverage amount. Here’s a general estimate for a $10,000 final expense policy:
| Age | Monthly Premium (Non-Smoker) | Monthly Premium (Smoker) |
|---|---|---|
| 50 | $30 – $40 | $40 – $55 |
| 60 | $45 – $55 | $60 – $75 |
| 70 | $70 – $90 | $90 – $120 |
| 80 | $120 – $160 | $160 – $200 |
Tip: If you are a smoker or have health issues, your premium will be higher. Always compare quotes from multiple insurers before making a decision.
Is Lincoln Heritage Insurance Worth It?
Lincoln Heritage Life Insurance Company is a solid option for seniors or individuals looking for simple, guaranteed final expense coverage. If you want a policy with minimal hassle and quick payouts, their Funeral Advantage Program is a reliable choice.
However, if you’re looking for a policy with higher coverage limits or lower premiums, you might want to compare other insurers like AARP, Mutual of Omaha, or Globe Life.
How to Contact Lincoln Heritage Insurance Company
Phone Number: (800) 438-7180
Website: www.lhlic.com
Headquarters: 4343 E Camelback Rd, Phoenix, AZ 85018, USA
Final Verdict: Should You Choose Lincoln Heritage Insurance?
If you need a fast, hassle-free final expense insurance plan and don’t mind paying a bit more in premiums, Lincoln Heritage Insurance is a strong contender. The Funeral Advantage Program provides additional support that many competitors don’t offer, making it a convenient choice for those who want both financial security and funeral planning assistance.
Before making a decision, compare rates, read customer reviews, and ensure the policy fits your budget and coverage needs.
Have you had experience with Lincoln Heritage Insurance? Share your thoughts in the comments below!
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