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Gleaner Life

Gleaner Life Insurance has been in business for over 120 years. Founder Grant Slocum was inspired by the biblical story of Ruth the Gleaner when naming his company. Gleaner offers a final expense insurance plan called One Step that may be used for burial and funeral-related expenses. One Step is designed for individuals between the ages of 40 and 85 (40 and 75 in Missouri). Death benefit payouts range from $5,000 to $25,000. The company requires a brief health questionnaire to determine your eligibility.

Can I cancel a burial insurance policy?

Burial insurance policies and final expense insurance policies normally may not be cancelled. There are two exceptions to this rule, however. The first exception happens if the providing insurance company commits fraud. The second exception happens by default if you as the policyholder fail to pay your premiums or fail to pay them on time. If you decide to stop paying your premiums for any reason, the insurance company will void your policy. You will not be eligible for any sort of refund in this case.

Will a funeral home accept payment with burial insurance?

In most instances, final expense insurance policies and burial insurance policies feature a lump-sum cash payout to the beneficiary upon the policyholder’s death. Since the payout is made in cash, there are no restrictions or limitations on what may be done with the money. The beneficiary is free to use the cash payment to settle funeral home expenses or anything else.

Can I obtain burial insurance even though I have health issues?

Burial insurance and final expense insurance is intended to help people with illnesses that are not terminal. It is usually much easier to purchase burial insurance than it is to purchase regular life insurance, even if you have various health issues. Since burial insurance usually offers lower payouts over a shorter term than traditional life insurance, insurance companies typically relax the qualification requirements and open them up to individuals who are older and/or have various health conditions. That said, there are some terminal health conditions that will prevent you from obtaining burial or final expense insurance. You should check with several different insurance companies to determine which is the best fit for your personal needs and budget. Many insurance companies don’t require medical examinations or underwriting in order to qualify for burial insurance. However, you will likely be asked to fill out a brief health-related questionnaire which helps the insurance company determine which plan it can offer you.

Most insurance companies do not require burial insurance applicants to undergo medical exams or health screenings, though most do require applicants to fill out a health-related questionnaire.

How to get started

If you are already a Gleaner Life insurance customer, you should contact your local office and inquire about a final expense policy. If you are a prospective customer, you can obtain a quote on its website, or you may call the company using the information below. You may also shop for policies using our comparison tool by clicking on the following link.

Financial Strength Ratings

AM Best – A-, Stable outlook
Moody’s – No rating
Standard & Poor – No rating

Company contact info

Gleaner Life Insurance Society
5200 W US Hwy 223
PO Box 1894
Adrian, MI 49221