Industry-leading
partners and
insurance carriers
DeparturePlan is an agency partner with the top employee benefits and insurance providers, making advanced planning for end-of-life more accessible, affordable, and easier for everyone.
Estate planning is not just for the wealthy
It's smart life-planning for anyone with life insurance and dependents. You would likely never consider having a wedding without planning for it well in advance, right? A funeral is no different. There are over 120 tasks. And funeral directors need them all decided within roughly 24 hours after someone dies. That’s a lot of unnecessary stress on a spouse or parent if you wait until a loved one passes and they don’t know about your wishes or documents.
Even though death will happen to 100% of us, most people don’t like to talk about it, let alone plan a funeral in advance—especially if it could be decades from now. Wills, trusts, powers of attorney, life insurance, and advanced funeral planning might not feel urgent today, but any financial planner would tell you it’s among the most important you can have to ensure that you and your family are well protected, well prepared, and well loved.
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Frequently Asked questions
It can help cover some of life’s biggest expenses, like a home mortgage, debt, your children’s college tuition, and it can also replace lost income. Your policy can also help cover everyday expenses—anything your beneficiaries need, really. Ultimately, it’s up to them to decide how to use the payout.
The face amount is the quantity your policy is worth and how much money is paid to your beneficiaries.
A graded death benefit on a whole life insurance policy pays a percentage of the policy’s full death benefit if death occurs from natural causes during the first two years after you purchase the policy.
A limited death benefit on a whole life insurance policy pays a portion of the policy’s full death benefit if death occurs from natural causes during the first two years after you purchase the policy.
We offer term life insurance (ages 20-65) and guaranteed issue whole life insurance (ages 65-85), both through Ethos' approved insurance carriers. Term length options range from 10 to 30 years, with coverage amounts from $20K to $2 million, depending on what you qualify for.
We also recommend permanent insurance (whole life) for advanced funeral planning as part of every estate plan.
Employer-paid policies typically offer coverage that is about $25K with options to purchase additional term life insurance equal to about 1-2X your annual salary, which, unfortunately is only a fraction of the coverage most people need. Financial experts recommend having coverage that is 8-10X your annual salary, which is why Departure Plan exists---to help people sufficiently supplement their limited coverage through work.
Age: All U.S. citizens and permanent residents ages of 0-100 can apply for advanced funeral plans through Wellabe, and those ages 20-85 can apply for term life coverage with Ethos. If you’re 65 and under, you can own term coverage until age 80. If you are over 65, a guaranteed issue whole life insurance policy might be an easy way for you to get coverage quickly. Not available in all states.
A common and easy way to come up with a coverage estimate is to multiply your annual income by 10. Another way is to calculate your long-term financial obligations and then subtract your assets. The remainder is the gap that life insurance needs to fill. It can be difficult to know what to include in your calculations, so we created a life insurance calculator to help you determine your coverage needs.
Yes. Our application is 100% free and won’t affect your credit score. Additionally, each policy has a 30-day free look period with a money-back guarantee. So if you aren't satisfied, you are eligible for a full refund if you cancel within the first 30 days after purchase. After the first 30 days, you may cancel your policy whenever you want to, for any reason. There are no cancellation fees or penalties if you choose to cancel your policy. You can cancel your policy by calling or emailing us, and requesting a surrender form for you to sign electronically. We will cancel your policy upon receipt, and there's never any cancellation fees.
Plan ahead = save money.
The older you get, the more it costs. As soon as you hit 40 years old, your life insurance price will increase 10% every 6 months that you wait to start coverage.
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