Looking for the inside scoop on Prosperity final expense insurance?

Prosperity Final Expense

If so, you came to the right website.

This is the most comprehensive review of Prosperity final expense life insurance in the world. No joke it really is.

We explain how their policy works, compare them to other top burial insurance companies, show you their prices, and more.

All the answers to your questions are right here. We guarantee it.

Prosperity Final Expense Overview

Most insurance companies will come up with an official name for their various products.

“New Vista” final expense insurance is what Prosperity named their coverage.

It’s simplified issue whole life insurance policy designed to provide cash to cover your final expenses.

As is the case with all whole life insurance plans, the way these policies work is extremely straightforward. There’s no hidden clauses somewhere that you need to watch out for.

Here’s what you need to know:

  • Premiums are locked in for life and cannot increase for any reason
  • Policy can’t expire ever due to age
  • Death benefits cannot decrease
  • The insurance company cannot cancel your policy unless you stop making payments
  • No medical exam to qualify

That’s all there is to know. As you can see, once your policy is issued, it will never change in anyway (unless you change it).

Click Here To See A Product Brochure

You can rest easy knowing it will be there indefinitely to provide your family with the cash needed to pay for your end of life costs.

Prosperity Final Expense

Make no mistake prosperity burial insurance is life insurance. For that reason, the policy will merely pay out a tax-free cash benefit directly to your beneficiary(s).

There are no restrictions how the money is used. Your family can utilize the money as they see fit. If there’s money left over, they get to keep it.

Product Availability & Details

All funeral insurance companies have limitations on their products. These limits can apply to what states it’s sold in to how much coverage you can buy.

  • States Offered: All states except CT, DE, DC, HI, MT, ND, & SD
  • Issue Ages: 50-80
  • Face Amount Options: $1,500-$35,000
  • 2 Year Waiting Period: No (subject to underwriting approval)
  • Purchase Options: Through independent agencies licensed to sell Prosperity Life insurance such as Choice Mutual (it’s not sold direct)

Prosperity has 3 different health ratings for their final expense program. Your health will ultimately determine which one you qualify for (if any).

Below is a brief outline of each plan.

1) Level Benefit PlanProsperity Final Expense

This plan is their best one for two reasons. First, it has no waiting period at all. You would be fully protected on the first day of your policy.

Second, the level benefit carries the cheapest premium they offer.

2) Graded Benefit Plan

The graded plan comes with a limited payout of benefits from non-accidental death during the first two years. In addition, it will cost more than their level benefit plan.

Here’s how it works.

If you pass away during the first 12 months, Prosperity will pay your family 30% of the death benefit. If you were to pass away during months 12-24, they would pay out 70%.

After two years, the full amount will payout for any reason forever.

Please note that the graded plan will pay out 100% of the face amount during the first two years if you pass away from an accident.

3) Modified Benefit Plan

Their modified plan is their highest risk plan they offer. It’s also the most expensive one of the three. The main thing to understand about their modified plan is the fact that there is a full two year waiting period.

If you pass away from natural causes in the first 12 months, Prosperity will return 110% of all premiums you had paid in. In months 12-24, they would return 231% of the money paid.

After 2 years has passed, the full death benefit is payable for any reason moving forward.

Also, just like the graded plan, the modified plan will pay out 100% of the face amount during the first two years if the cause of death is specifically from an accident.

Wondering which plan you might qualify for? Click here to go to the underwriting section of this article to find out.


Prosperity burial insurance has no optional riders you can add on, but they do include (at no cost) an Accelerated Death Benefit Rider (In CA, this rider is not included).

Here’s how it works.

If the insured is diagnosed with a terminal illness, Prosperity will allow them to access between 25%-50% of the death benefit while they are still alive.

If the insured elects to do this, the accelerated amount will count as a loan against the policy (subject to interest) and will be deducted from the total death benefit upon the passing of the insured.

Prosperity Funeral Insurance Prices

In the tables below, you will see real prices for final expense insurance from Prosperity Life Group. These are real prices (we don’t do a bait and switch on you), but please keep the following in mind as you Prosperity Final Expenseview these:

  • You can see prosperity quotes for face amounts other than what’s shown. To do so, you’ll need to use the quote tool that’s on this page.
  • The face amounts shown are just examples. You can have any amount of coverage between $1,500 & $35,000.
  • All rates shown are for those who have not smoked cigarettes in the last 12 months. If you have smoked cigarettes in the last year, your premiums would be higher than what’s shown.
  • These prices are calculated for their Level Benefit Plan.
  • In Montana, females should look at male rates. In MT, the state government mandates that all applicants pay the same rate. For this reason, all life insurance pricing in Montana is calculated at a male rating.





Prosperity Burial Insurance Vs Other Final Expense Companies

As a whole, Prosperity’s final expense insurance program is very market competitive.

However, there are some situations where they are a superior option and others where they are an inferior option relative to the other burial insurance companies.

Price and underwriting are the two main ways life insurance companies compete with one another, so that is what we examined.


Overall, Prosperity priced their product well. When you compare their rates to other final expense companies, they are very market competitive.Prosperity Final Expense

For example, if you bought $10,000 in coverage, your monthly payment would be within a few dollars of most other big final expense life insurance companies.

You can validate the above statement by running quotes right here on our website (use the tool on this page). You’ll see how their prices compare to a bunch of other companies in your state.

Bottom line?

If you are able to qualify for level final expense coverage with Prosperity, you are going to have a really good monthly price.


They did a good job designing the risks they will absorb without responding adversely. Prosperity, like every carrier, will accept all the minor health issues that come with age.Prosperity Final Expense

At the same time, they will take some more higher risk conditions too.

Below are some of the common underwriting situations where they really shine. If any of these conditions apply to you, Prosperity funeral insurance is likely a preferred plan for you.

All these conditions are eligible for their level benefit plan that has no waiting period.

  1. Non-cigarette tobacco or nicotine users get NON TOBACCO rates (that’s a savings up to 40%) 😮
  2. Type 1 or 2 diabetics
  3. Insulin injections for diabetics
  4. Blood thinners
  5. Diabetic amputations after 2 years or more
  6. Diabetic coma after 2 years or more
  7. Insulin shock after 2 years or more
  8. Asthma
  9. Depression (not bi-polar)
  10. Irregular heart beat issues such as Afib
  11. Blood clots
  12. Pacemaker or defibrillator (installed for at least 2 years)
  13. Epilepsy or any other seizure issue
  14. Multiple Sclerosis
  15. Sleep Apnea
  16. Non-cancerous tumors
  17. Wheelchair bound not because of a chronic illness or disease

Verdict: Should You Go With Prosperity Or Not?

So the key question is, should you buy Prosperity’s final expense coverage?

The answer is it depends.

There is no single life insurance company that can truly the best for everyone which is why we say it depends.

Here’s the deal.

If you can qualify for their level death benefit plan, we say go for it! It’s a great deal relative to what other carriers offer.

Their graded plan is only suitable in some rare situations (honestly, there’s very few), and their modified plan is a total non-starter.

All in all, Prosperity is a great final expense company. They did a good job mixing a reasonably priced competitive product with underwriting that can serve many people.

In the end, they may be one of your best options but they not be. It depends entirely on your health.

Still curious?

Contact one of our agents at 1-800-644-2926. Give them 60 seconds and they will let you know if Prosperity funeral insurance is right for you or not. If they aren’t, your agent will help you find which company is ideal for you.

How To Find The Best Final Expense Company For You

There’s a lot of research you can do online these days to help you find your best final expense policy. Our website is a prime example of that. However…

There is no way you alone can truly figure out on your own which insurance company is ideal for you.

Why do we say that?

Well there’s two main reasons:

  1. You cannot buy coverage from burial insurance companies directly from them. You must work with an agent.
  2. They all have different underwriting and there’s no way for you to diagnose which one has the most suitable underwriting for you.

Ultimately, you will be working with an agent. The only way you can avoid doing so would be to buy a guaranteed acceptance policy. Granted you can certainly do that if you want, and indeed you wouldn’t need to work with an agent.

However, doing so will mean an inevitable 2 year waiting period and much higher premiums.

Assuming you don’t want those two nasty drawbacks, you will have an agent helping you with this (which isn’t a bad thing by the way).

So here’s the bottom line.

The question to ask is not which company is best for you? Rather, the question to ask is what is the best final expense agency to help you find your best policy?

Independent Is The Golden Ticket

We have zero reservation in recommending us to help you with this, but then again you probably already knew that.

If for some reason you choose to not work with us, here is what you MUST look for when selecting an agency to work with.

  1. They must be independent and represent at least 10 different final expense companies.
  2. Final expense insurance needs to be their focus. A jack of all trades is a master of none. Final expense insurance has its nuances, so you want a pro that is well versed with this kind of insurance.
  3. Years of experience is a must. It takes years to fully understand and master the underwriting of all the various insurance companies out there. Only until this knowledge is gained can an agent faithfully know which carrier is best for you.

If you follow our advice and work with a qualified independent agency, here is what you will get.

You’ll have a personal agent who will act as your advocate. They will not seek to appease any particular insurance company. Their only focus will be to get you the best deal. That’s the whole point of being independent.

They will shop prices from all the various insurance companies they represent to see which one will be best for you.

Once your best option is identified, they’ll help you get approved, so you can have the peace of mind you were seeking.

Choice Mutual only deals with final expense insurance, has over 20 companies we work with, and has been doing this for many years. You simply won’t find a more qualified agency than us.

However, if you choose to look elsewhere, you know what to look for 😎.

Underwriting: How They Determine Your Eligibility

To qualify for Prosperity funeral insurance, you will not have to endure a physical or medical exam. In addition, you won’t need to provide your doctor records.


Prosperity will determine your eligibility based on the following:

  • Health questionnaire
  • Rx check
  • MIB file check
  • Build chart

The most significant part of their assessment is health questionnaire. Your answers to their questions will largely determine which plan (if any) you qualify for.

At the same time, Prosperity will electronically analyze, in real time, your prescription history. They do this to validate your health status.

Your prescriptions give them a clear understanding of what health issues you may or may not have.

The last piece of the puzzle is the MIB. When you apply for life or disability insurance, that company will make a report about you to the Medical Information Bureau.

Prosperity will look at your MIB file to see what health issues you may have disclosed to other companies in the past.

Last but not least, Prosperity has a height to weight ratio chart (build chart). Their build chart is very lenient, but your height to weight ratio could affect what plan you are eligible for.

Knockout Questions

Below are the knockout questions. Every carrier has a set of health issues where they will out right decline you.Prosperity Final Expense

If you have any of the following, Prosperity final expense insurance is not an option for you. They will not issue you any coverage.

  • Is the Proposed Insured currently or in the last 30 days been: hospitalized, committed to a psychiatric facility, bedridden, confined to a nursing facility, receiving hospice or home health care, confined to a wheelchair due to a disease or chronic illness, or waiting for an organ transplant?
  • Does the Proposed Insured currently require assistance with activities of daily living such as taking medications, moving about, bathing, dressing, eating or toileting?

Within the past 12 months has the Proposed Insured:

  • Been advised by a member of the medical profession to have a diagnostic test (other than an HIV test), surgery, home health care or hospitalization which has not yet started, been completed or for which results are not known?
  • Used or been advised by a member of the medical profession to use oxygen equipment for assistance in Breathing (excluding CPAP or nebulizer)?
  • Had or been advised to have Kidney Dialysis?
  • Has the Proposed Insured ever been diagnosed or treated for Acquired Immune Deficiency Syndrome (AIDS) and/or Human Immunodeficiency Virus (HIV) infection by a licensed member of the medical profession?
  • Has the Proposed Insured ever been diagnosed or received treatment for Alzheimer’s disease, dementia, Lou Gehrig’s/Amyotrophic Lateral Sclerosis (ALS), Cirrhosis of the Liver (Stage C) or been diagnosed as having a terminal medical condition that is expected to result in death within the next 24 months?
  • Has the Proposed Insured ever been diagnosed with more than one occurrence of the same or different type of cancer or is the Proposed Insured currently receiving treatment (including taking medication) for any form of cancer (excluding basal cell skin cancer)?

Modified Benefit Questions

Assuming you don’t have any of the knockout conditions, you may qualify for their Modified Death Benefit.

If you would say yes to any of the below questions, Prosperity will approve you for their Modified plan.

  • In the past 3 years, has the Proposed Insured been diagnosed, treated, or prescribed medication for: internal cancer, including but not limited to, malignant brain tumor, malignant melanoma (but excluding basal/squamous cell skin cancer), leukemia, or multiple myeloma?

In the past 2 years, has the Proposed Insured been diagnosed or received treatment from a member of the medical profession, or other practitioner, or been hospitalized for any of the following:

  • The use of alcohol or drugs; or been advised by a physician, practitioner, health facility or counselor to restrict the use of alcohol or drugs?
  • Complications of diabetes such as diabetic coma or insulin shock or had an amputation due to complications of any disease?
  • Heart attack, angina (chest pain), congestive heart failure, cardiomyopathy stroke, transient ischemic attack (TIA), or aneurysm or had heart or circulatory surgery?
  • Has the Proposed Insured had more than 1 conviction for reckless driving or for driving under the influence of alcohol or drugs (DUI or DWI)?

Graded Benefit Questions

At this point, you would need to say no to all the previous health questions. Given that, if you have any of the following conditions, you will qualify for their Graded Death Benefit.

Has the Proposed Insured ever been diagnosed, treated, or prescribed medication by a member of the medical profession for:

  • Parkinson’s disease, Systemic Lupus (SLE) or sickle cell disease?
  • Cirrhosis (Stage A or Stage B) of the liver, chronic hepatitis or other liver disorder, kidney failure or other chronic kidney disease?
  • Chronic Obstructive Pulmonary Disease (COPD), which includes emphysema, black lung disease or tuberculosis?
  • Bipolar Disorder or Schizophrenia or been hospitalized in the past 2 years for any mental or nervous disorder?

Level Death Benefit (The No Waiting Period Plan)

If you can say no to all the health questions (and your Rx history confirms that) in each section, congratulations you’ll qualify for the Level Death Benefit.Prosperity Final Expense

This plan has absolutely no waiting period, so you’ll be fully covered once your policy goes into effect.

How You Can Buy Their Coverage

If you decide to move forward to get yourself a final expense policy from Prosperity Life, you’ll need to do it through an agent.

You cannot buy this product directly from the carrier. It’s only sold through licensed agencies such as Choice Mutual.

Don’t believe us? Call them and ask. Their phone number is 1-866-787-2123.

A Short Phone Interview

To actually submit your application to underwriting, it’s incredibly simple and fast because it’s all done over the phone.

Basically, your agent will collect all your information while you two are on the phone to completely fill out the application.

Then your agent will patch in the insurance company so they can officially process it.

Prosperity Final Expense

Your agent will begin by giving them all your information. After that the insurance company will obtain some authorizations from you, and ask you the health questions for the record.

A this point they will conduct a prescription history check to see what medications you’ve been prescribed. Depending on the medications, they may or may not ask you some clarifying questions about your prescriptions.

Whether they do or not, it’s at this point in the call where you will receive an immediate decision regarding your eligibility. If you are approved, they will verify some payment stuff and obtain your voice signature.

Your voice signature is equivalent to a physical signature.

If you were declined, the call ends there (which really shouldn’t happen if your agent did their job up front).

That’s all there is to it. You would receive printed policy in the mail in less than 2 weeks, and your coverage will begin on whatever date you selected.

There’s no paperwork you’ll ever have to fill out and send back. The phone call does it all.

Who Is Prosperity Life Group?

Prosperity Life Group began operating back in XXXX. You might call them a conglomerate so to speak. We say that because they have various member companies they own that provide life insurance products.

Under the Prosperity Life Group umbrella are Shenandoah Life Insurance Company, SBLI USA Life Insurance Company, Inc. and S.USA Life Insurance Company, Inc.

Technically, Prosperity’s final expense coverage is provided by their S.USA Life Insurance company. Your policy would say S.USA Life Insurance and that is the name that you would see show up on your bank statement.

From a financial perspective, Prosperity Life Group is very financially sound and secure. They have been given a A- rating from A.M. Best which is the leading rating authority for insurance institutions.

They service more than 300,000 policies and have in excess of $15 billion of life insurance in force.

Below is their contact info:

  • Website: prosperitylife.com
  • Phone: 1-866-787-2123
  • Corporate address: P.O. Box 1050 Newark, NJ 07101-1050