Open Care Senior Plan Guide | Lukewarm At Best

Last Updated May 25, 2024
Open Care Senior Plan Guide

You may have seen the string of Open Care Senior Plan commercials and thought to yourself, “is it really this easy to prepare for my final expenses?”

Here is Final Expense Benefits’ guide – we’re here to give you everything we know. 

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Origin Of Open Care Senior Plan

When looking for information online, we found difficulty locating anything meaningful or official – the articles found online are speculative as a result of the lack of information.

There’s no about you page, nor do they even advertise their carriers on the website. From what we could gather, Open Care Senior Plan is a Florida based brokerage agency that specializes in Final Expense Insurance. They also have an immense list of TV commercials, possibly giving us insight as to their preferred advertising strategy favoring media over text.

Open Care offers “same day coverage” as well as “competitive rates”, but how valid is this statement? Similar to Colonial Penn, we found that Open Care may promise gold but most of the time you’re getting brass. It’s an important distinction to make that Open Care isn’t a national insurance agency, but rather, a brokerage firm located in Naples, FL. They in fact don’t underwrite any insurance offered through their services, and instead pair with various national agencies to underwrite on their behalf. 

Your Coverage Options With Open Care Senior Plan

Open Care Senior Plan Whole Life Plan

Whole Life Insurance, or also known as traditional life insurance, is a permanent form of life insurance that contains multiple forms.

The most common form of Whole Life Insurance involves a fixed premium as well as lifetime coverage in which payout will be received so long as premiums are paid. Whole Life Insurance’s payout contains a cash value that may be grown over time.

In most cases, whole life insurance does not require you to fill out a questionnaire or undergo a medical exam. Most of the time, open care final expense plans applies as a guaranteed whole life policy.

Open Care Senior Plan Guaranteed Life Insurance

Guaranteed acceptance policies are those that accept all applicants regardless of status, although at an adjusted rate based upon your qualifications.

These policies do not have a medical exam, but rather a questionnaire meant to assess your current health status. In most cases, guaranteed life insurance contains the highest relative rate of monthly premium and is reserved for those that need insurance regardless.

Open Care Senior Plan Term Life Insurance

Standard Coverage, or “pure” life insurance. Generally, you’re provided with a term, such as 20 years for example, wherein you’re guaranteed payment as stated by the death benefit if the policyholder dies within the stated term.

The Open Care Senior Plan Term Life Insurance plan is offered in amounts of $25,000 all the way to $500,000. The term’s length can either be 10, 20, or 30 years and is determined by your age upon application. For example, if you’re 60, you would automatically be disqualified from the 30-year term plan.

Term insurance is the most lucrative type of policy in terms of financial affordability, and you must qualify for term insurance with a medical exam. If alive at the end of term, one may renew for an additional term, or convert the existing coverage to permanent coverage.

Open Care Senior Plan Burial Insurance

Open Care Senior Plan Burial Insurance for seniors, or Open Care Senior Plan Final Expense plans, involves final expenses such as a funeral, ceremony, cremation, burial, what have you.

These policies are similar to a guaranteed whole life policy, although at a lower premium for a lower overall payout value. Although marketed for final expenses, the payout does not actually withhold any restrictions, meaning the beneficiary may use the funds for whatever they wish.

Open Care Senior Plan Burial Insurance For Seniors

Again, Open Care Senior Plan isn’t an independent insurance agency, therefore they don’t offer any open care final expense plans of their own. So whose are you getting? Good Question.

There is no distinction on their website regarding who you will be applying under a policy for. The only thing on the website giving us any indication says, “A -rating carriers across the United States”. Here at Final Expense Benefits, as well as with 99% of brokerage firms we’ve come across in our research, there’s usually transparency regarding the carriers you will be in touch with on the front page of any site.

Open Care Final Expense plans are a guaranteed acceptance plan most of the time, and any guaranteed acceptance plan will always have a 2-year waiting period unless you qualify for their first-day coverage options.

Best $10,000 Burial Insurance Companies

Company 50 y/o Male 50 y/o Female 60 y/o Male 60 y/o Female 70 y/o Male 70 y/o Female

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

Open Care Senior Plan Commercial

Here is an example of a commercial you may have seen with Open Care Senior Plan. This is but one example of the string of commercials aired by Open Care, and most of them seem to follow a similar flow.

The parent is discussing someone’s recent passing with their child, and reassuring the child that they will be covered as the person talking to their child recently got final expense insurance with open care.

Some users note the humor in these commercials, specifically regarding the delivery of the actors/actresses. There’s no information online regarding when it aired, or in what region they used it.

Open Care Senior Plan Pros & Cons


First-day coverage plan available. If applicable, first day coverage is an option for those that qualify. The only caveat to this, though, involves the strict underwriting process. You must be able to say no to every question in the underwriting process if you wish to qualify for a first day coverage term policy, for example. 

Online quote tool/application available. The website does offer you the ability to receive a quote directly from the website.


Lack of information verifying them online. Their website leaves a lot to be desired, with a complete and utter lack of information. There’s no about us page, they don’t list the insurance companies they write for – just overall not much to work with. 

Rates aren’t as competitive as advertised. You may have seen the open care commercials where low rates and same-day coverage with no medical exam are promised. It’s important to make the distinction that while this may be true, the stipulations are intense. “Rates start at $7.49 a month” being advertised are based on a 50 yr/old woman who wants $2,000 in coverage, obviously lending to an incredibly low rate. The no medical exam portion still requires you to fill out a medical questionnaire that requires some background information to be sent to open care. 

Strict underwriting. To apply for the low rates advertised (which could be even lower), you have to successfully fulfill the requirements of a strict underwriting process. Their underwriting process involves a four-year lookback period with all conditions involved in the underwriting process, such as cancer, heart disease, etc. – most companies contain only a two-year waiting period.

Third-Party Rankings

Open Care Senior Plan Burial Insurance For Seniors NAIC Rating
NAIC rating 2022

The NAIC, or The National Association of Insurance Commissioners, is a regulation standard support organization based in America meant to add credibility to insurance companies.

Essentially, the goal of this organization is to protect consumers and to mandate that insurers deliver on their promises made. The rating used within the NAIC involves a numerical value usually ranging from 1 – 10. One implies average customer complaints, where anything above this is above average, and so on.

Open Care Senior Plan Burial Insurance For Seniors JD Power Rating

JD Power ratings are essentially nationwide surveys that allow consumers an unbiased opinion regarding what other consumers say about said company.

This is done either through focus groups, paid calls, or what have you. JD Power spends large sums of money annually simply on data specifically for this reason.

Open Care Senior Plan Insurance AM Best Rating
AMs best rating service

They utilize a rating, similar to the letter ratings placed on restaurants, meant to help you discern their overall quality.

This letter ranking varies from A+ to F, similar to a scholastic grading system, and this organization is overseen by the chief insurance regulators regarding any US-affiliated territory. The rating itself is determined by a variety of different factors, such as performance, management, financial flexibility, shareholder safety, etc.

Open Care Third-Party Results

As a result of Open Care Senior Plan existing as a brokerage firm that writes for insurance providers, they themselves will not have any third-party rankings.

We were also unable to locate the third-party rankings for their providers as they’re not transparent with who they write for. 

Open Care Senior Plan Reviews

As with our previous research, we were unable to find Open Care Senior Plan reviews online regarding the open care senior plan.

It’s simultaneously a good thing and bad thing that there’s no open care senior plan reviews online, no positive feedback yet no negative feedback. 

Cancellation Policy

Globe Life Cancellation Policy

Insurance policies generally contain a 30-day refund introductory period, where you are able to receive a complete refund if canceled before the 31st day if dissatisfied. This is a two-way policy, allowing for insurers to cancel your policy for the same reasons. This may also be overridden by state law, if applicable. An example includes Florida, which bars insurers from cancellation up to 90 days after the policy start date. Exceptions include, if premiums are not paid, substantial change in risk to insure, etc.

Our Review

Overall, the lack of information online regarding Open Care really hurts one’s ability to place their trust in what they promise.

There’s no credibility or way to make the informed decision yourself. The saving grace regarding this topic, though, involves the lack of negative information online. Unless you find yourself applicable for the same day coverage term policy, we recommend utilizing other resources to achieve the desired policy.

If you’re unsure of which policy you’d like, we at Final Expense Benefits will always be willing to work with you in achieving that informed decision on your own terms. 

Final Thoughts

We at Final Expense Benefits partner with over 20 carriers, with:

Being some of the ones that stand out among the crowd. Reduce the stress involved with life insurance for seniors and let us do all of the heavy lifting for you. 

Give us a call at 1(866)311-4338 M-F, 9-5.

Frequently Asked Questions

How Are Open Care Senior Plan Reviews?

We couldn’t find much online regarding the subject. 

Is Open Care Senior Plan Legit?

Yes, although their rates could be better as well as their transparency, it is legit. 

Does Open Care Senior Insurance have a waiting period?

Yes, with 4 years being the minimum.

How Much is Open Care Senior Insurance?

It heavily depends on your ability to answer the underwriting, as well as what policy type you’re after. 


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