The life insurance industry is evolving quickly, with more seniors turning to simplified coverage options, part of a broader trend shaping the future of life insurance and how policies are built for modern needs. These days, choosing the right life insurance company isn’t just about the cost. It’s about knowing your family will be protected and your wishes honored.
For seniors looking for simple coverage, strong financial backing, and trusted service, Aetna’s Accendo Insurance Company may be the right fit for you.
At Final Expense Benefits, we help you compare trusted carriers like Accendo so you can confidently plan.
If you’re interested in an Aetna Accendo Life Insurance plan, call us at (866) 786-0725, Monday through Friday, 9 a.m. to 5 p.m. ET. Utilize our free online quoting tool for life insurance options and pricing estimates.
What Is The Aetna Accendo Life Insurance Company?
Accendo Insurance Company, a subsidiary of Aetna and part of the CVS Health family, provides final expense and Medicare Supplement insurance products designed for seniors. Since its founding in 2019, Accendo has grown into a trusted name for simplified life insurance coverage, including final expense insurance. The company’s partnership with Aetna provides policyholders with stability and access to comprehensive healthcare support.
Aetna Life Insurance Company Coverage Options
Seniors often face challenges finding affordable life insurance. Term life insurance is generally not an option for older applicants, especially with restrictive medical questionnaires and pre-existing health issues. Thankfully, Aetna Accendo offers final expense life insurance plans designed to be more forgiving for older adults.
According to the National Funeral Directors Association, most final expense insurance plans, like Aetna’s, are designed to cover end-of-life costs, especially funeral expenses, which can average nearly $10,000.
Accendo also offers quick point-of-sale pre-approval, based on answers to a simple health questionnaire rather than lab work or exams, making it a great option for seniors with moderate health concerns.
Policies are available in three types: Preferred Level, Standard Level, and Modified Death Benefit. These are whole life insurance plans, meaning premiums stay fixed for life.
Already have questions about the Aetna life insurance company for seniors? Speak with a licensed agent at (866) 786-0725 to find the right final expense plan for your needs.
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Accendo Preferred and Standard Level Plans
Accendo’s Preferred and Standard Level final expense plans are ideal for seniors ages 40 to 89 in good health. These whole life insurance policies offer no waiting period, meaning coverage starts immediately upon approval.
Coverage amounts range from $2,000 to $50,000, based on your age. The main difference between the plans is the monthly premium:
Preferred Plan – For applicants with no major health issues. Offers the lowest rates.
Standard Plan – For those with limited health concerns. Rates are still competitive.
The Aetna life insurance company’s application process includes a simple medical questionnaire, but it’s known to be forgiving. Even if you answer “yes” to some health questions, you may still qualify for strong coverage with the Standard plan.
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Accendo Level Plan Riders
Accendo Level plans include optional life insurance riders to enhance your coverage. These riders are unavailable with the Modified Plan and only apply to Preferred or Standard policies.
Available riders include:
Accelerated Death Benefit Rider
Pays up to 50% of the death benefit if you’re diagnosed with a terminal illness or need long-term care, providing funds while you’re still living to help with medical costs.Accidental Death Benefit Rider
Pays 100% of the policy’s face amount if death occurs due to an accident between 40 and 70. For example, a $50,000 policy would pay the full amount to your beneficiaries.Child/Grandchild Term Rider
Covers children, stepchildren, and grandchildren up to age 25. Coverage ranges from $2,500 to $10,000 per child.
These riders help personalize your plan based on your family’s needs and future goals.
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Accendo Modified Plan
The Accendo Modified Plan is designed for seniors aged 40 to 75 with health concerns that may prevent them from qualifying for other plans. While it’s not eligible for riders, it still pays the full death benefit in case of accidental death.
This plan includes a two-year waiting period with a graded/modified death benefit. If you pass from natural causes during that time, your beneficiary receives 110% of the premiums paid. After two years, the full benefit is paid.
Example: A $10,000 policy with $2,000 paid in premiums would pay $2,200 if death occurs within the waiting period. After year two, the full $10,000 is paid.
Max benefit: $25,000
The highest premium rates of Accendo’s offerings
Best for: seniors who can’t qualify for Preferred or Standard Level plans
While the core plans provide strong coverage options, Accendo also offers additional benefits that add long-term value and flexibility to your policy.
Ready to explore your options for Accendo final expense life insurance? Call us at (866) 786-0725 to speak with a licensed agent today.
Other Accendo Life Insurance Benefits
Accendo policies offer more than just a death benefit. With features like guaranteed cash value and preferred rate classes, these plans are built for long-term value.
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Cash Value Growth Guaranteed
All Accendo plans are Aetna whole life insurance plans, meaning part of each premium builds cash value over time. This value can be borrowed with interest, used to reduce future premiums, or applied toward other coverage needs. This feature adds long-term value to your policy and can provide financial flexibility when you need it most.
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Accendo Life Insurance Super Preferred Plan
If you have an Aetna Medicare Supplement plan, you may qualify for a 10% discount on your Accendo Level Plan. This “Super Preferred” rate rewards policyholders who already have Aetna healthcare coverage.
New Accendo Life Insurance clients can check if they’re approved for their Level plans by answering health questions and undergoing a prescription drug check. Doing so will show you your qualified plans; remember that this pre-approval doesn’t guarantee acceptance.
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Pre-Approval Process for Aetna Accendo Life Insurance
Accendo offers a quick pre-approval process that includes health questions and a prescription review. While not a guarantee of acceptance, it helps identify which Level Plan options you qualify for, often with results in just 24–48 hours.
Here’s what you can expect during the Accendo pre-approval process:
- Phone interview with a licensed agent
- No in-person exam required
- Same-day or 24-hour approvals for most applicants
Aetna Accendo Life Insurance Health Questionnaire
Accendo determines applicant eligibility based on their health questionnaire. If an interested applicant answers “no” to all the questions on Accendo’s life insurance questionnaire, they’re eligible for Accendo Level plans.
Medical Application Guide
Accendo’s health questionnaire is thorough enough that applicants aren’t required to take a medical examination. Below is a guide illustrating the Accendo Life Insurance questionnaire.
The above questions are intended to be a guide only. Contact an agent for more information on if you qualify.
How Accendo Burial Insurance Helps Cover Funeral Costs
Accendo Life Insurance costs vary depending on location, age, and health. While the Preferred and Standard Plans are similar, the Preferred Plan has a lower monthly premium for the same benefits. The Modified Plan has a higher monthly premium than the Level plans, as Accendo assesses more risk for applicants with preexisting health conditions.
What Does Aetna Accendo Final Expense Insurance Cost?
Despite a few exclusions, Accendo Life Insurance is far more flexible than many other final expense providers. It covers a wide range of common and manageable health conditions without requiring a medical exam. While certain severe or terminal diagnoses may lead to a waiting period or denial, many seniors who are declined by other insurers find coverage with Accendo’s Guaranteed or Modified plans.
Below is a list of health issues Accendo may still approve. Be sure to explore how final expense insurance works for each condition:
- Alzheimer’s & dementia
- Asthma and other controlled breathing conditions like mild COPD
- Cancer
- Disabilities not related to illness
- Epilepsy & managed seizures
- High blood pressure
- HIV / AIDS
- Living in assisted living / long-term care facilities
- Major stroke events
- Managed heart conditions
- Managed Type 1 or Type 2 diabetes
- Mental health issues like anxiety or depression
- Minor health complications from being overweight
- Obesity
- TIA stroke event (“mini stroke”)
- Tobacco use
- Terminal illnesses
Here are the expected monthly premiums for Final Expense Insurance for a healthy, non-smoking individual from our top providers:
Final Expense Insurance Expected Monthly Premiums
| Gender / Age | Preferred Plan $10,000 | Preferred Plan $10,000 | Modified Plan $10,000 |
|---|---|---|---|
|
Male / 40 |
$26 |
$29 |
$35 |
|
Female / 40 |
$24 |
$25 |
$32 |
|
Male / 50 |
$34 |
$41 |
$49 |
|
Female / 50 |
$27 |
$37 |
$39 |
|
Male / 60 |
$51 |
$62 |
$78 |
|
Female / 60 |
$41 |
$51 |
$60 |
|
Male / 70 |
$73 |
$104 |
$122 |
|
Female / 70 |
$58 |
$77 |
$89 |
|
Male / 80 |
$140 |
$203 |
N/A |
|
Female / 80 |
$101 |
$140 |
N/A |
These figures are estimates only, based on a $10,000 final expense insurance policy with no applicant pre-existing conditions.
If you’re considering Accendo final expense insurance or want help comparing senior life insurance plans, call us at (866) 786-0725 to speak with a licensed agent today.
What Are Aetna Senior Products?
Aetna Senior Products is a collection of insurance solutions for seniors. They offer coverage that includes final expense life insurance, Medicare Supplement plans, and other essential health-related benefits. These plans are designed to provide financial protection, peace of mind, and added convenience in retirement.
Many Accendo life insurance policyholders may also qualify for discounts on additional Aetna products, especially when bundled with Medicare-related coverage.
Pros and Cons of Aetna Life Insurance Company
Pros of Aetna Life Insurance Company
- Social Security Payment Alignment
Accendo accepts multiple payment types for premiums. Policyholders can pay by money order, personal check, or automatic checking account deduction. People on Social Security can also match up their premium payment bills to the day their Social Security check arrives. This is ideal for seniors on a fixed income.
- Expanded Age & Benefit Eligibility
Previously, Accendo’s life insurance plans were limited to applicants age 60 and older, with a maximum death benefit of $35,000. Since expanding their coverage guidelines, they now insure people ages 40 to 89, with benefits ranging from $2,000 to $50,000.
- Nationwide Availability
Accendo Life Insurance is available in 49 states, with New York as the only exception.
- No Medical Exam or Underwriting Required
Accendo’s life insurance application is easy and streamlined, especially compared to competitors. Their underwriting process is also very quick, and an online application can be completed and approved within minutes. A paper application may take up to 78 hours for approval upon reception. Accendo also doesn’t require medical exams for their final expense life insurance plans.
Cons of Aetna Life Insurance Company
- Modified Plan is Limited
Accendo Life Insurance’s Modified Plan is limited, especially compared to their excellent Preferred and Standard Level plans. Modified isn’t eligible for any additional insurance riders and has a 2-year waiting period. It’s still an option for those with health issues, but remember it has a significantly higher monthly premium rate than the Level plans.
- Separate Website for Accendo Life Insurance
Aetna manages Accendo Life Insurance through a separate website, which may feel unclear or disjointed for some policyholders. While this isn’t a major drawback, we at Final Expense Benefits know it can be frustrating to track down the right login, claims info, or policy documents. To help, we recommend starting with the final expense benefits free quote tool for centralized support.
- Not Available in New York
Accendo Life Insurance is available in 49 states, with New York being the sole exception. This exclusion is due to New York’s unique regulatory requirements, which differ from other states. As a result, Accendo’s final expense life insurance policies are not offered to residents of New York, but they do sell policies with Mutual of Omaha or Gerber Life Insurance.
Aetna Accendo Insurance Company Third-Party Reviews
To better understand the Accendo Insurance Company’s reputation and reliability, it’s helpful to look at independent third-party ratings that assess financial strength, customer satisfaction, and trustworthiness.
See below for how Accendo measures up in financial strength and customer satisfaction.
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A.M. Best Financial Strength Rating
A.M. Best is a leading credit rating agency focused on the insurance industry. They evaluate an insurer’s financial strength and ability to meet policy obligations. Accendo Insurance Company holds an A rating, which is the second-highest available, signaling strong financial stability.
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NAIC Complaint Index
The National Association of Insurance Commissioners (NAIC) tracks consumer complaints across the insurance industry. Their complaint index is based on a national average of 1.0. Accendo’s score of 0.74 means it receives fewer complaints than the industry norm, indicating above-average customer satisfaction.
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Aetna Accendo BBB Rating
The BBB reviews companies based on complaint history and business practices. Accendo, under the Aetna brand, holds an A+ rating. However, it’s worth noting that Aetna is not BBB accredited, and its customer review score is 1.08 out of 5, a rating that reflects Aetna’s broader services, not specifically Accendo life insurance.
Conclusion
Accendo Life Insurance Company, backed by Aetna and CVS Health, is a strong choice for seniors seeking dependable, no-exam final expense coverage. With high age limits, quick approvals, guaranteed cash value, and affordable Level plans, Accendo offers one of the top five insurance companies for final expense insurance this year. Accendo’s life insurance application process is fast and easy.
Ready to compare final expense insurance plans? Call our licensed experts a (866) 786-0725 Monday through Friday, 9 a.m. to 5 p.m. ET, for a quote or to start your Accendo Life Insurance application process. Be sure to check out our free online quoting tool to get some quote ideas and to check your available options.
FAQ
What is the Accendo Insurance Company, and Who Owns It?
The Accendo Insurance Company is a final expense life insurer under Aetna and CVS Health, offering policies to seniors nationwide. It is owned by Accendo, which is a wholly owned subsidiary of Aetna. This corporate structure provides policyholders with long-term stability, strong financial backing, and integrated support across both healthcare and insurance services.
What is a Medigap plan?
Medigap, also known as Medicare Supplement Insurance, is a type of health insurance that fills in any “gaps” in Medicare sold by private insurance companies.
What is the phone number for Accendo Insurance Company?
Contact our expert agents at (866) 786-0725 Monday through Friday, 9 a.m. to 5 p.m. ET, for a quote or to start your Accendo Life Insurance application process.
What determines coverage eligibility?
Determining factors for coverage include age, medical history, job type, and hobbies. When an underwriter reviews your application, they are trying to determine your risk level. If you have many severe health problems, then you might have to pay a much higher premium than someone healthy.
Is Accendo part of CVS Health?
Yes, Accendo is a subsidiary of Aetna, which is owned by CVS Health.
Is Aetna life insurance good?
Aetna Accendo Life Insurance plans are quite good. In particular, the competitive rates and extra benefits offered by the Preferred and Standard Level plans make Accendo a standout among final expense options.
