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Lifeshield National Insurance Co. is one of the most competitively priced insurance carriers in the industry, especially for smokers. 

LifeShield, founded in 1982, specializes in life, accident and health insurance company and is domiciled in Oklahoma. LifeShield plans offer a range of individual and group products that it promotes nationwide to individuals, small and mid-sized businesses, school districts, and associations.

LifeShield has an innovative suite of product offerings, which includes customizable GAP and worksite plans, critical illness, accident, AD&D, short-term medical, term life, joint and individual whole life policies, limited medical, and hospital indemnity plans.


  • First Year In Business: 1982
  • Final Expense (LIVING PROMISE) Age Availability: 50-85
  • Plan Right Face Amount Range: $2,000-$30,000
  • 2 Year Waiting Period: No (subject to underwriting approval) – No Graded, Modified or Guaranteed Policies
  • State Availability: 30 States
  • Optional Riders: Accelerated Death Rider, Accidental Death Rider
  • How To ApplyLifeshield is available through Affordable Final Expense Insurance (
  • Unique Features: People ages 50-85 qualify. Take advantage and lock in very effective and low rates if you are above age 50 and relatively healthy. No eApp (online application), phone or in-person interview is required.
  • Disadvantage: Lesser known carrier, strict underwriting (moderate health issues may be denied coverage).
  • Underwriting Advantages (what health issues will they cover): Case-by-Case

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The Skinny on Lifeshield | Our Opinion

At Affordable Final Expense, LifeShield is one of our life insurance “pricebuster” carriers and policies for smokers. For health smokers, Lifeshield will always be a top 3 choice for lowest rates and most of the time will be the least expensive. The other two competitors for lowest life insurance rates for smokers is Mutual of Omaha and Americo.

Lifeshield is also competitive for non-smokers, but they really stand out for smokers.

Lifeshield Final Expense or Burial insurance is whole life insurance with fairly strict underwriting, so seniors with minor to moderate health issues can qualify. Policy amounts range from $2,000 up to $30,000.

These plans are primarily meant to pay for burial and other funeral expenses but do not let this fool you into thinking that the benefit MUST be use for funeral expenses or it’s a pre-need program. Simply put, it’s a life insurance policy and the beneficiary may spend the death benefit however he/she chooses or however the deceased wished the funds be spent.


“Final Expense Insurance” or “Burial Insurance” is simply marketing terms that have evolved. It’s common to also hear other terms such as; Funeral Insurance, Guaranteed Burial Insurance and many other variations.

As a lesser known insurance carrier or brand, there is nothing in terms of online applications. Most of the time policies are written in person by a field underwriter.

Lifeshield benefits and features for their whole life (final expense) offerings are the same as all other carriers;

  • Fixed premiums that can never increase
  • Permanent policies that cannot expire
  • Coverage that cannot decrease in value
  • Policies accumulate cash value

Final expense policies are simple, since it’s whole life insurance your beneficiaries will get a tax-free cashier check for whatever amount of coverage you purchased. This gives them the necessary funds to pay for your end of life costs which may include funerals, cremations, wakes, services, debt or any other expenses.

And there are no restrictions on how the money is used. This is great because every funeral home in the nation will take cash.

If there happens to be money left over, which often there is, that money will simply stay with your family.

Lifeshield Quotes

If you want to see more rates Lifeshield Final Expense products vs. all the other companies and policies, please contact us for a quote or use our FREE FINAL EXPENSE AND BURIAL INSURANCE ONLINE QUOTER

See Final Expense Insurance Quotes

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