Aetna Accendo Final Expense for Seniors: Complete Guide

Last Updated June 12, 2024
Accendo Final Expense Insurance CVS Aetna

     Aetna and CVS are huge companies with a large family of companies all connected to provide excellent coverage and customer service to their customers. We will review their subdivision of seniors products and their final expense insurance partner, Accendo Life Insurance. Final Expense benefits dig deep to see the function of both of these companies in providing you with final expense insurance.

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Aetna and Accendo History

Aetna Life Insurance Home Office
     Aetna Insurance Company has been a prominent figure since its founding in Hartford, CT in 1853. 2017 was when CVS and Aetna merged, creating the powerhouse insurance company and subsidiaries that we know today. Aetna’s senior insurance division is still relatively new, however, compared to how long Aetna has been around. Headquartered in Nashville, TN, Aetna Accendo final expense and senior insurance provide personalized insurance to folks in need of final expense insurance.

Coverage Options with Aetna Accendo Life Insurance

       Seniors can have a difficult time getting the life insurance they need due to age and health. For most seniors, term life insurance is no longer an option. What you will need is life insurance for seniors policy that will last the remainder of your life and provide your family with peace of mind and financial relief. A funeral is the third largest family expense. On average, a funeral can cost $10,000 or more.

      Aetna’s affiliate Accendo Life Insurance works to provide seniors with final expense insurance and other policies that suit them. They have plans that fit your every need. It is a whole life insurance policy, so rates do not increase over time. This ensures an affordable premium for the life of the policy. Accendo Life Insurance also features point-of-sale pre-approval. This means you will know which type of coverage you qualify for based on your answers to the application process. Aetna Accendo final expense insurance offers preferred, level, and modified death benefit plans

Accendo Preferred and Standard Level Plan ​

     Aetna’s Accendo Final Expense Level Plan is ideal for seniors who are in good health. This final expense package provides the benefit of no waiting period. Your coverage starts on day one. The issuing ages for this benefit package are for seniors between the ages of 40-89 but your age range can affect the amount of your maximum benefit. The maximum benefit amounts range from a $25,000 policy to a $50,000 policy depending on your age range. 

     The only major difference between these plans is the amount you pay monthly for premiums. The Preferred plan is for people who have no health issues to report on their application, getting the best rate. The standard plan is for folks who answer “Yes” to only a select few of the medical questions.  Each policy, regardless of age, has a minimum benefit amount of $2,000.

Accendo Level Plan ​Riders

     An insurance rider is usually an optional coverage that covers more than what the specific policy covers.  Accendo life insurance Level plan offers three different riders. Unfortunately, there are no riders for those who are on or qualify for the Accendo life insurance modified plan.
  • Accelerated Death Benefit Rider 

An accelerated death benefit is also known as a living benefit. This rider pays up to half (50%) of the death benefit if a doctor provides written proof that you meet a qualifying event. A qualifying event could be when you are diagnosed with a terminal illness or are in need of long-term care. This will ensure that your beneficiary gets some of the money while you are still alive.

  • Accidental Death Benefit Rider

Under the Accendo life Insurance, the accidental death benefit rider ensures that you are paid all of the face amounts for an accidental death if you are between the ages of 40-70. So if your policy’s face amount is $50,000 and you pass as a result of an accident then you will get the full amount of $50,000.

  • Child/Grandchild Term Insurance Rider 

If you have children or grandchildren, this term insurance rider will help to make sure that they are covered. Until they are 25 years of age, any child, stepchild, legally adopted child, grandchild, and/or legally adopted grandchild or great-grandchild is covered under this rider. Most child term insurance riders only cover immediate children so this makes it incredibly versatile depending on your situation. Accendo life Insurance provides this rider with $2,500 units, up to $10,000 per child.

Accendo Modified Plan

     Aetna final expense insurance has a modified plan for seniors who have more health issues but the age range of coverage is between 40-75. Like the previous final expense insurance policies for Aetna, if you pass from an accident you receive your full death benefit amount. 

     Passing from non-accidental reasons, however, has a different waiting period death benefit amount. Within the first two years of the policy, you are entitled to 110% of your earned premium. You are entitled to the full amount of your death benefit in the third year of your policy. The maximum benefit amount for this policy is $25,000 for seniors regardless of their age. 

Cash Value Growth Guaranteed

    Final Expense Benefits cash value growth over timeSimilar to other whole life insurance policies, Aetna Accendo final expense insurance plans have a steady cash value growth each time you pay your premium. There is a pre-determined amount of money that gets set aside each month when your premium is paid. This goes into a dedicated account that grows over time. This cash value can be borrowed with interest to be paid back, used to extend term insurance, be used as payments toward a future premium, or reduce the amount of your paid insurance. 

What is the Accendo Life Insurance Super Preferred Plan?

What is the Super Preferred Plan Accendo Life insurance.      If you are thinking of getting a supplemental policy for your Medicare coverage, there is a discounted rate on Aetna Accendo final expense insurance. This special rate for folks with Medicare is called the “Super Preferred” plan. If you have purchased an Accendo Medicare Supplement Plan within the last 180 days and qualify for a level benefit plan, you will receive a 10% discount on your premiums. 

Aetna Accendo Life Insurance

Pre-Approval Process

     Accendo life insurance provides new clients the opportunity to find out what they are approved for by answering health questions and doing a prescription drug check. While this is not guaranteed acceptance, it allows you to know what exactly you qualify for. Interested applicants fill out a HIPPA form before calling an agent.

      If approved, your pre-approval status lasts for thirty days which gives you enough time to submit the whole application. After thirty days you will need to submit a new application and get interviewed again by an agent. If you are denied for any reason, you have 21 days to submit an appeal and try again.

What is the Health Questionnaire for Accendo Life Insurance?

     In order to determine what level of coverage you qualify for, you will need to answer health questions for their whole life insurance policy. If an applicant can answer “no” to all questions on the health questionnaire, they are eligible for the Level Plan under Aetna burial insurance. No medical exam is required for Accendo Life Insurance. Our guide below illustrates some of the questions you may find on the Accendo Life insurance questionnaire. 

Accendo life insurance medical question guide

The above questions are intended to be a guide only. Contact an agent for more information on if you qualify.  

How Much Does Aetna Accendo Final Expense Insurance Cost?

     Accendo Life Insurance costs can vary depending on where you live, how old you are, and what type of health you are in. While the Preferred Plan and Standard Plan are very similar, the Preferred Plan has a lower monthly premium for the same benefits. The Modified Plan, which is better for those with health issues, has a higher monthly premium. The Super Preferred Plan, a discounted plan for folks using Accendo’s Medicare Supplement, is not reflected in these prices but is an additional 10% off from the preferred plan.

Accendo Insurance Rate Chart $10,000 of coverage

Gender / Age Preferred Plan $10,000 Standard Plan $10,000 Modified Plan $10,000
Male / 40
Female / 40
Male / 50
Female / 50
Male / 60
Female / 60

These figures were obtained from the NFDA and are estimates only. For a detailed quote, please contact an agent. 

Aetna Accendo Final Expense

Pros and Cons


  • Social Security Payment Option
Aetna has many ways to pay for your premiums. You can pay by money order, or personal check, or have the amount automatically deducted from your checking account. A great plus for folks on Social Security is that the billing can be matched up to the date of their Social Security check. You can have peace of mind knowing that these dates coincide together.
  • Expanded Coverage

Since 2021, Aetna Accendo Final Expense Insurance has been expanded to cover a wider age range with more affordable premium rates. Originally, the plans only covered folks ages 60 and up and the face amount maximum was $35,000. Now, coverage has been expanded to cover folks as young as 40 with the minimum rate being 2,000 and the maximum face amount possible being $50,000. 

  • Plans Available in Almost All States

Accendo Life Insurance is available in 49 states, the exception being New York. So (almost) no matter where you are, you can expect great coverage and premium rates from Aetna Accendo Final Expense.

  • Simple Application with No Medical Exam
Accendo life insurance has a very easy and streamlined process for their final expense insurance application. The underwriting done by Landmark is completed very quickly. An online application can be completed and approved within minutes. If you prefer to submit a paper application, it may take up to 78 hours for approval once the application reaches Aetna. There is no medical exam required for any of the plans provided.


  • Modified Plan is Limited

Compared to the Preferred and Standard Level Plan, the Modified Plan from Accendo life insurance feels more limited. It does not have additional riders and there is a two-year waiting period. A waiting period is normal for most insurance companies, especially if you have health issues. It is still a good option if you are a younger applicant looking for coverage. 

  • Specialized Website for Accendo Life Insurance 

Aetna has a dedicated website for their Aetna Accendo final expense insurance. While not much of a con, we understand that it can be confusing when you are trying to research quotes for final expense insurance. The website, Aetna Senior Products, is where you would go to find information regarding both their Medicare Supplements and final expense insurance.

Ratings for Credit and Customer Service Satisfaction

AM Best Rating

     AM Best is an agency that assesses an insurance company’s creditworthiness and how well it can fulfill its financial obligations. Accendo Insurance Company, an affiliate company of Aetna, is a highly rated carrier with an A (excellent) rating.

JD Power

     While Accendo Insurance Company has been around since 1955, its partnership with Aetna for its Medicare and Senior Insurance plans is still very new. They have not yet been selected by JD Power for review.


      The National Complaint Index (NAIC) records complaint trends for companies every year. The overall goal of NAIC is to protect consumers like you. The rating used involves a numerical value usually ranging from 1 – 10. One is the average customer complaints and companies typically aim to be a little above average or less. 

     At Final Expense Insurance, we noticed that Accendo Insurance Company has a 1.09 rating. This implies that they are roughly average in the amount complaints they have received. The total number of complaints for 2021 was 18, which shows just how few complaints they received within a whole year. 

Accendo Life Insurance Reviews

Excellent customer service experience every time I connect with rep either online or via phone. Additionally, the website is very intuitive. As far as information is concerned that will guide me when I am looking for anything pertaining to my mom's senior benefits plan.
male portrait with beard
Phil M. ✓
Rochester, NY ⭐⭐⭐⭐
Aetna Insurance has been a great help to me. I have never had any kind of problem with the insurance or anyone that I have had to speak with. They have been extremely helpful in answering all my questions, even the dumb ones. They helped me understand how everything will be going for me after being diagnosed with lung cancer. Caring, understanding and helpful. Can't get any better than that.
Elderly black man smiling
Isaiah L. ✓
Fort Wayne, IN ⭐⭐⭐⭐⭐
After turning 65 a few years ago, I had to find supplemental insurance. I started with Humana. Being a low income person, most of the services were low costs. I talked to someone who said my rates would stay the same for a year. In one word...LIE. After 3 months, my rates went up nearly $100 more a month, and I was STUCK until Nov. In Nov, I dropped Humana, and tried Aetna. This will be my 4th year, and I am satisfied. They helped me so much when others wouldn't. Thank you Aetna.
portrait of old lady in her 80s laughing happily
Glorinez N.
Kansas City, MO ⭐⭐⭐⭐⭐

Our Review and Final Thoughts

     At Final Expense Benefits, we are dedicated to providing you with reliable and concise information. Overall, Accendo life insurance through Aetna is an excellent option for anyone looking to find great final expense insurance. The premium rates are low compared to other final expense insurance companies.

Aetna Accendo final expense is an excellent option for both healthy seniors and for folks with health issues. The application process is fast and easy so you waste no time getting the coverage you need. 

     Final Expense Benefits partners with over 20 carriers with customer satisfaction guaranteed. If you are looking for trusted and affordable final expense insurance, the experts at Final Expense Benefits have got you covered. Call one of our talented agents today at 1 (866) 311-4338 to get an affordable quote with one of our highly-rated insurance carriers.

Frequently Asked Questions

Is Accendo the same as Aetna?

While Accendo and Aetna are two different companies, Accendo is a newer Medigap company that is an affiliate with Aetna. They work together to provide Medigap and senior final expense coverage

What is a Medigap Plan?

Medigap, also known as Medicare Supplement Insurance, is a type of insurance that fills in any “gaps” in Medicare sold by private insurance companies.

What Determines Coverage Eligibility?

Determining factors for coverage are things like age, medical history, job type, and hobbies. When an underwriter reviews your application, they are trying to determine what level of risk you pose. If you have many severe health problems then you might have to pay a much higher premium than someone who is healthy.

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