Open Care Life Insurance is frequently advertised as an inexpensive, no-hassle option for seniors, yet its structure and pricing are often misunderstood.
What is Open Care Life Insurance?
Open Care Life Insurance refers to life insurance policies marketed by Open Care, a licensed independent insurance agency based in the United States. Open Care does not underwrite or issue insurance policies. Instead, it connects consumers, primarily seniors, with life insurance products offered by third-party carriers.
This distinction matters.
Pricing, eligibility rules, waiting periods, and benefits are determined by the actual insurance company, not by Open Care itself.
In short: Open Care is a middleman, not an insurer.
Is Open Care Life Insurance Legit?
Yes, Open Care is legitimate, in the sense that it sells real life insurance policies issued by established U.S. insurers. However, legitimacy should not be confused with suitability.
Open Care operates legally as an independent agency and places coverage with well-known carriers. Consumer concerns typically relate to pricing transparency and sales practices, not to policy validity.
“Independent agencies can provide access to legitimate coverage, but consumers should understand that advertised prices are rarely representative of final premiums.”
— Choice Mutual Insurance Editorial Team, licensed agents specializing in senior insurance
Open Care: Agency vs. Insurance Company
| Feature | Open Care | Insurance Carrier |
| Issues policies | No | Yes |
| Sets underwriting rules | No | Yes |
| Determines waiting periods | No | Yes |
| Provides customer quotes | Yes | Yes |
| Handles marketing & lead intake | Yes | No |
Understanding this separation helps explain why quoted prices may change after application.
What Types of Life Insurance Does Open Care Offer?
Open Care markets several insurance products, but its core offering is final expense life insurance.
- Final Expense (Burial Insurance)
Final expense insurance is a form of whole life insurance designed primarily for seniors. Policies typically offer coverage amounts ranging from $2,000 to $50,000, with premiums that remain fixed for the life of the policy.
These plans are intended to help beneficiaries pay for funeral and burial costs, outstanding medical bills, and other small end-of-life expenses. Because coverage amounts are modest and underwriting is simplified, final expense insurance is often accessible to applicants with existing health conditions.
- Guaranteed Issue Life Insurance
Guaranteed issue life insurance is intended for individuals who cannot qualify for coverage due to health concerns. These policies require no medical exam and no health questions, and acceptance is guaranteed for applicants, usually between ages 50 and 85.
In exchange for this guaranteed approval, policies include a two-year waiting period for natural causes of death, during which beneficiaries typically receive a refund of premiums paid plus interest. Premiums are higher than medically underwritten policies, reflecting the increased risk assumed by the insurer.
- Term Life Insurance
Term life insurance provides coverage for a specified period, commonly 10, 20, or 30 years, and is available through Open Care for applicants generally between ages 18 and 75. These policies offer higher coverage amounts, often $25,000 to $500,000, and are designed to provide financial protection during key earning or dependency years.
While no medical exam is required, applicants must answer health questions, and eligibility and pricing depend on age and health history. Coverage ends when the term expires unless the policy includes a conversion option.
“No Medical Exam” vs. “No Health Questions”
These terms are often confused, but they are not the same.
- No Medical Exam:
Health questions still apply. If approved, coverage is usually immediate. - No Health Questions (Guaranteed Issue):
Acceptance is automatic, but policies include a two-year graded benefit period.
“Guaranteed issue policies trade convenience for cost. They are meant for buyers who cannot qualify otherwise.”
— Burial Insurance Pro Network, senior underwriting specialists
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How Much Does Open Care Life Insurance Cost?
Costs vary by age, gender, smoking status, and plan type. While Open Care advertises entry-level prices, most applicants pay more.
Sample Monthly Rates for an $8,000 Final Expense Policy
| Age | Female Non-Smoker | Male Non-Smoker | Female Smoker | Male Smoker |
| 40 | $17 | $19 | $21 | $24 |
| 50 | $21 | $25 | $27 | $33 |
| 60 | $29 | $36 | $39 | $51 |
| 70 | $42 | $60 | $59 | $94 |
| 80 | $84 | $111 | $102 | $167 |
| 90 | $205 | $242 | $229 | $252 |
Typical market benchmarks (U.S.):
- $10,000 final expense policy: $50–$100/month
- Guaranteed issue plans: 20–30% higher premiums
Pros and Cons of Open Care Life Insurance
Advantages
- No medical exams required
- Coverage available up to age 85
- Access to multiple insurance carriers
- Simplified application process
Disadvantages
- Open Care is not the insurer
- Advertised pricing can be misleading
- Guaranteed issue plans are costly
- Reports of aggressive follow-up calls
What Do Customer Reviews Say?
Customer reviews of Open Care Life Insurance reflect mixed experiences, with feedback largely depending on expectations around pricing and communication. Many policyholders note that the application process is straightforward and can be completed quickly, which is appealing to seniors seeking coverage without medical exams. Reviews also indicate that Open Care can help individuals with existing health conditions obtain burial insurance when other options are limited.
At the same time, recurring concerns appear in consumer feedback. A common complaint is that final premiums are higher than initially expected, particularly after full underwriting or plan clarification. Some consumers also report frequent follow-up and telemarketing calls, which can feel excessive. In addition, there are occasional reports of delays in receiving policy documents, leading to confusion about coverage start dates and policy details.
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Alternatives to Open Care Life Insurance
Consumers seeking more transparency often compare Open Care with direct-to-consumer insurers:
- Mutual of Omaha: Competitive final expense rates, strong financial ratings
- Aetna: Straightforward guaranteed issue policies
- SBLI: Simplified underwriting for seniors
- Foresters Financial: Member benefits and flexible riders
Buying directly from a carrier can reduce confusion around pricing and policy terms.
“When possible, applying directly with the carrier removes an extra layer and often improves clarity.”
— PinnacleQuote, independent life insurance brokerage
Key Takeaways
- Open Care Life Insurance is legitimate, but it is not an insurance company; it is a U.S.-licensed insurance marketing agency.
- Policies are issued by third-party insurers such as Mutual of Omaha, SBLI, and Foresters.
- Most plans are final expense (burial) whole life insurance aimed at seniors ages 50–85.
- Advertised prices (such as “$7.49 per month”) are marketing examples, not typical premiums.
- Guaranteed issue plans have a two-year waiting period and cost 20–30% more than medically underwritten policies.
- Buyers should compare Open Care quotes with direct insurers before enrolling.
Frequently Asked Questions (FAQ)
Q: Is Open Care Life Insurance a scam?
Ans: No. Open Care sells real policies, but it is a marketing agency—not an insurer.
Q: Why are Open Care’s advertised prices so low?
Ans: They are sample rates for very specific profiles and coverage amounts.
Q: Does Open Care require a medical exam?
Ans: No, but most plans still include health questions.
Q: Can I buy Open Care insurance directly?
Ans: You must apply through Open Care; the policy is issued by a third-party insurer.
Q: Are there better alternatives to Open Care?
Ans: Many buyers find direct carriers offer clearer pricing and fewer sales calls.
