
Fairly low premiums (if you buy it young)

Easy application

No medical exams, blood or urine

Quick payout (usually with an affidavit from the beneficiary and funeral director)

Low minimums

Usually in force the date of the check or postmark on the envelope

Mostly 4-6 medical questions for an immediate benefit policy

No health questions for a graded or delayed benefit policy

One of the few ways to get coverage if you are impaired risk / have a serious health problem

Can cover you even if other insurance companies decline or reject you