Burial Insurance Topics
The Polish Roman Catholic Union of America (or PRCUA) was established in 1873 to assist 19th century American immigrants and their families. The fraternal society has been providing insurance benefits to members since 1886. Though PRCUA does not advertise burial insurance on its website, it does offer both term and whole life insurance products which may meet your burial or final expense insurance needs. We recommend contacting a PRCUA agent using the information at the end of this document.
How much does a burial insurance policy cost?
Burial insurance policies, usually advertised as final expense policies by insurance companies, vary in cost based on the applicant’s age, sex, health, health history, location, and the type of policy sought. If the applicant is an alcoholic, a smoker, or has a history of heart disease in his or her family, the applicant will likely pay higher than average premium rates for burial insurance. If the applicant is toward the younger end of the burial insurance applicant age spectrum (typically 50 to 80) and has few or no health issues, then burial insurance premium payments will likely be significantly less. Most insurance companies do not offer burial insurance to individuals over the age of 85. Those that do charge substantially higher prices for their products.
How long does a burial insurance policy last?
Burial insurance policies last until the policyholder’s death. After the policyholder dies, the insurance company typically pays the policy beneficiary a lump sum cash amount corresponding to the death benefit, assuming that all of the policy terms have been met previously by the deceased policyholder. Burial insurance policies do not expire. They may only be voided in the case of fraud by the insurance company or in the case of the policyholder electing to not pay premium payments.
How to get started
If you are already a PRCUA insurance customer, you should contact your local office and inquire about a final expense policy. If you are a prospective customer, you can start the membership process by calling 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 – Not rated
Moody’s – Not rated
|Standard & Poor – Not rated
Company contact info
Polish Roman Catholic Union of America
984 N Milwaukee Ave
Chicago, IL 60642-4101
(800) 772-8632 Monday through Friday, 8:00 a.m. – 4:00 p.m. Central