Exploring Royal Neighbors Life Insurance: A Comprehensive Review

Exploring Royal Neighbors Life Insurance: A Comprehensive Review 

September 27, 202315 min read

Elderly customers are always on the lookout for the best products and services that meet their needs. It's a challenging task to find the perfect fit, but the effort pays off in the end.

To assist seniors in selecting the right policy, we'll conduct a thorough evaluation of Royal Neighbors Life Insurance of America in this blog post.

Royal Neighbors Of America Final Expense Insurance

Title: Understanding Royal Neighbors Of America Final Expense Insurance

Royal Neighbors of America offers final expense insurance, a type of permanent whole life coverage tailored to cover funeral and burial expenses. With coverage typically ranging from $5,000 to $25,000, these policies often come without the need for a medical exam, ensuring affordability and level premiums. Being a fraternal organization, Royal Neighbors may extend additional benefits to its members, underscoring the importance of reviewing policy details to ensure it aligns with your specific needs.

"Shield your family

from the financial burdens

they may face after your passing

with a burial insurance policy."

Is it prudent to invest in burial insurance? Absolutely! This type of policy covers all your final expenses, including costs related to funeral homes, caskets, travel, flowers, music, ceremonies, cremations, and more.

Exploring Royal Neighbors Of America: A Fraternal Benefit Society

Royal Neighbors of America stands as a venerable fraternal benefit society rooted in the United States. Established in 1895, it operates as a not-for-profit entity, dedicated to providing life insurance and financial products to its members. Functioning as a fraternal society, Royal Neighbors of America prioritizes offering its members financial security, fostering social connections, and providing community assistance. Members often unite for social gatherings and philanthropic endeavors, and the organization extends various member benefits and programs alongside its insurance offerings. While renowned for its insurance services, Royal Neighbors of America's mission transcends financial products, emphasizing the empowerment and welfare of its members and the broader communities they serve.

S&P Rating A- BBB Rating A+ A.M. Best Rating A

For customer service, dial 800-627-4762 or visit their website at www.royalneighbors.org.

Royal Neighbors of America headquarters is located at 230 16th Street, Rock Island, Illinois, 61201-8645.

Royal Neighbors Ratings and Consumer Reviews Unveiled

Royal Neighbors of America boasts an impressive A+ rating from the Better Business Bureau (BBB), with just four complaints registered in the last three years. Notably, only one complaint was resolved within the past 12 months, underscoring the company's commitment to resolving customer issues promptly and effectively.

Google reviews also shed light on Royal Neighbors' reputation, garnering an average rating of four stars from five reviews. While these reviews commend the company for outstanding service, some ambiguity surrounds the locations and methods of the agents' employment. Moreover, a whimsical name mentioned in one of the reviews raises questions about potential identity theft concerns. Nonetheless, Royal Neighbors' solid financial performance speaks volumes about its reliability and stability in the industry.

In conclusion, Royal Neighbors of America continues to uphold its reputation for excellence, providing consumers with reliable insurance products and top-notch service.

Royal Neighbors Quick Quote: How Much Does Burial Insurance Cost?

For a prompt Royal Neighbors of America burial insurance quote, simply give us a call or fill out the form on the right. Within ten minutes, you'll receive a customized estimate to meet your needs. Dial (855) 380-3300 now.

Royal Neighbors stands out as a unique and captivating organization in the insurance landscape. While they don't offer online quotes like many others, they provide estimates for as low as $25 per month on their website. However, specific details such as the applicable state and age requirements for this pricing may not be disclosed upfront.

Royal Neighbors Of America Simplified Whole Life Policy

What do the terms "graded death benefit" and "preferred death benefit" in a simplified whole life policy mean?

"Do you think this product is superior

to AARP, Colonial Penn, and Globe Life?

YES! And this is why..."

Day one is covered in the facts for simplified whole life! NO TWO YEAR WAITING SCHEDULE!

For the rest of your life, level benefit. A policy with Royal Neighbors of America will ALWAYS be in effect, unlike those from AARP, Colonial Penn, and even Globe Life. Your single premium will never go up and your coverage quantity will never go down. EVER! People with impairments, terminal illnesses, and cancer may be allowed to use their whole life insurance coverage to assist pay for their medical costs.

Below #2 through #7 are the qualifying preferred knockout questions for Royal Neighbors' final expense application.

Royal Neighbors Of America Simplified Whole Life Policy

Although the coverage amount and graded death benefit from Royal Neighbors both NEVER expire, they only provide a small set of benefits. This indicates that you qualify for a graded policy if you respond positively to the following knockout questions.

Graded benefits provide coverage ranging from $5,000 to $10,000 minimum. The payout is additionally restricted to a graded policy. The payout to your beneficiary will be 30% of the face value if you pass away within the first year of the policy's operation.

The payout would be 70% of the face value if you passed away during the second year that the policy was in effect. Should you pass away after the two years have passed and been satisfied, your beneficiary will receive the entire death benefit.

Explore Royal Neighbors Insurance: Beyond Burial Coverage

Royal Neighbors of America offers a comprehensive array of life insurance options to suit various needs. Here's a glimpse at their diverse offerings:

  • Term Life Insurance: Ideal for those seeking temporary coverage, term life insurance from Royal Neighbors provides financial protection for a specified period.

  • Whole Life Insurance: With traditional whole life insurance, policyholders enjoy coverage for their entire life, along with the added benefit of cash value growth over time.

  • Universal Life Insurance: Offering flexibility in premiums and benefits, universal life insurance allows policyholders to adjust their coverage to match their evolving financial needs.

  • Annuities: For those planning for retirement, Royal Neighbors may offer annuities to provide a steady income stream in later years.

  • Children's Life Insurance: Royal Neighbors also provides options for insuring the lives of children, ensuring their future financial security.

In addition to these insurance products, Royal Neighbors of America, as a fraternal organization, extends unique member benefits. These benefits may include social engagement opportunities, community support initiatives, and more, reflecting their commitment to the well-being of their members beyond just insurance coverage.

Enhance Your Term Life Insurance: Understanding Riders

When it comes to your term life insurance policy from Royal Neighbors, you have the option to customize it further by adding riders. These additional features offer added protection and benefits to meet your specific needs. Here are some common riders you can consider:

  • Disability Waiver Rider: This rider ensures that if you become disabled and unable to work, your premiums will be waived, allowing your coverage to remain in force during this challenging time.

  • Accident Death & Sickness Rider with Accelerated Benefits: With this rider, you can receive a portion of your death benefit in advance if you are diagnosed with a terminal illness or sustain a covered injury in an accident.

  • Guaranteed Insurability Rider: This rider allows you to purchase additional coverage at specified intervals without the need for a medical exam or providing evidence of insurability, ensuring that your coverage keeps pace with your changing life circumstances.

  • Child Rider: This unique rider provides coverage for your children up to a certain age, typically 18, and then continues as supplementary coverage. It offers peace of mind by providing financial protection for your children's future.

  • Promise Plus Cancer Waiver Rider: In the unfortunate event of a cancer diagnosis or recurrence, this rider steps in to provide assistance by waiving your premiums for up to two years, allowing you to focus on your health without worrying about your insurance payments.

By adding these riders to your term life insurance policy, you can tailor your coverage to better suit your needs and provide additional security for yourself and your loved ones. Consider discussing these options with a Royal Neighbors insurance agent to determine which riders are right for you.

Unlocking Benefits: Royal Neighbors of America Member Perks

Royal Neighbors of America extends its commitment to its members through a host of exclusive benefits, ensuring added value beyond insurance coverage.

One notable perk available to all Royal Neighbors members is the Member Savings program, designed to deliver substantial discounts and savings across various services and products.

Through Member Savings, members can access discounts on a diverse array of offerings, including prescription medications, lab work, imaging services such as MRIs and CAT scans, eye and dental care, legal services, and retail benefits spanning hotels, rental cars, movie tickets, and both in-person and online shopping experiences.

Moreover, what sets this program apart is its inclusivity. These savings and discounts aren't limited to just the policyholder; they extend to their spouse, children, and other close relatives, regardless of whether they hold policies themselves. This broad inclusivity ensures that the entire immediate family can benefit from the perks provided by Royal Neighbors, enhancing the overall value proposition of the membership.

Unlocking Value: Royal Neighbors' Discount Services

For those seeking a fraternal organization with a rich array of benefits and savings, Royal Neighbors stands out as the ultimate choice. Beyond insurance coverage, membership through authorized businesses and healthcare providers opens the door to a plethora of additional perks and savings.

One such benefit is the comprehensive home insurance coverage offered by Royal Neighbors, featuring no underwriting limits on appliances or personal property. Additionally, the organization provides disability management services for members who may require them, ensuring comprehensive support during challenging times.

When it comes to dental care, Royal Neighbors members enjoy significant savings ranging from 5% to 50% on a wide range of procedures, including general cleanings, dentures, and routine oral exams. With access to over 176 thousand participating access points, members can seamlessly avail these discounts.

Similarly, members can prioritize their eye health without breaking the bank, thanks to exclusive vision discounts offering savings between 40% and 50%. Whether it's diagnostic services or savings on hearing aids, Royal Neighbors has members covered, providing discounts at numerous local sites and offering 30% off on new hearing aid technology or annual physicals.

For discounted lab services, Royal Neighbors partners with DirectLabs, a leading provider offering savings ranging from 10% to 80% depending on the required treatment.

Lastly, Royal Neighbors simplifies prescription drug savings with their prescription drug discount program. With a network of over 60,000 partner pharmacies through MedImpact, members can enjoy discounts ranging from 15% to 60% on both brand-name and generic medications, ensuring affordable access to essential healthcare needs.

Simplified Coverage: Final Expense Life Insurance Without Medical Exam

Final expense life insurance without a medical exam provides a streamlined approach to obtaining coverage, ensuring accessibility and convenience. By eliminating the need for a time-consuming medical examination, these policies offer simplified underwriting, typically requiring only basic health questions to be answered.

Primarily aimed at covering funeral and burial expenses, these policies offer coverage amounts ranging from a few thousand dollars to approximately $25,000. What sets final expense insurance apart is its provision of permanent coverage, ensuring protection for the entirety of one's life.

Moreover, the premiums for final expense insurance are often level, providing financial predictability for policyholders. While some policies offer guaranteed acceptance regardless of health status, they may entail higher premiums. This insurance option is particularly beneficial for individuals seeking hassle-free, affordable coverage to alleviate the financial burden of end-of-life expenses.

Exploring the Value of Royal Neighbors of America

Royal Neighbors of America encompasses a wealth of value for its members and the communities it serves. As a fraternal benefit society, its core focus revolves around ensuring financial security through a range of offerings.

First and foremost, Royal Neighbors provides its members with life insurance and annuity products, serving as a protective shield for their financial well-being. These products are tailored to meet the diverse needs of individuals and families, offering peace of mind and stability in uncertain times.

Beyond financial protection, Royal Neighbors actively engages in community support initiatives. Through charitable endeavors and volunteer opportunities, members are encouraged to give back to their communities, fostering a sense of social responsibility and solidarity.

Education is another cornerstone of Royal Neighbors' value proposition. The organization provides valuable resources and programs aimed at empowering members to make informed financial decisions. This includes financial planning seminars and scholarships for higher education, equipping members with the knowledge and skills needed to secure their financial futures.

Moreover, Royal Neighbors serves as a platform for networking and social connections. Members have the opportunity to forge meaningful relationships with like-minded individuals, sharing experiences and insights while fostering a sense of camaraderie and belonging.

Lastly, the organization offers discount services, providing members with savings on various services and enhancing their overall quality of life. From dental and vision care to prescription medications and more, these discounts contribute to the well-being of members and their families.

In essence, the value of Royal Neighbors extends far beyond financial security. It encompasses social, educational, and community-oriented aspects, enriching the lives of its members and making a positive impact on the communities it serves.

Royal Neighbors of America's Unique Health Underwriting Niches

Are health concerns making you hesitant about obtaining insurance coverage? Fear not! Royal Neighbors of America stands out from the competition with its specialized underwriting approach, catering to a variety of health conditions.

From neuropathy to diabetes, retinopathy to brain tumors, Royal Neighbors is equipped to handle a wide range of health issues. Whether it's blood clots, mini-strokes, or the need for home health care, Royal Neighbors understands the unique needs of individuals with diverse health conditions.

Even if you've recently been prescribed blood thinners or have a history of hepatitis cured years ago, Royal Neighbors has you covered. They also provide assistance with Activities of Daily Living (ADLs) and offer options for those who have battled cancer multiple times or have metastatic cancer.

With Royal Neighbors, there's no need to worry about a build chart, and even diabetes before age 50 is considered. Conditions like atrial fibrillation, cystic fibrosis, and sarcoidosis are also accommodated, as well as individuals with pacemakers undergoing battery changes.

Furthermore, Royal Neighbors recognizes the importance of mental health and includes coverage for conditions like schizophrenia. Their comprehensive approach ensures that individuals with a wide range of health concerns can obtain the coverage they need.

It's no wonder that seniors and their adult children alike choose Royal Neighbors of America for their insurance needs. By securing final expense insurance, they alleviate the financial burden that may fall on loved ones during a difficult time. This peace of mind is truly invaluable and is what sets Royal Neighbors apart in the insurance industry.

Understanding RNA's Claims Processing Procedure

When it comes to processing claims, Royal Neighbors of America (RNA) adheres to a systematic approach. Here's how the process typically unfolds:

  • Notification: Upon the policyholder's demise, beneficiaries or their representatives are responsible for informing RNA. This initiates the claims process.

  • Claim Forms: RNA furnishes claim forms to the beneficiary or their representative. These forms must be completed accurately and submitted along with necessary documentation, such as the death certificate.

  • Review and Verification: RNA meticulously reviews and verifies the information provided in the claim forms. This includes validating beneficiary details and ensuring all required documents are in order.

  • Processing: Once all the necessary information is verified, RNA proceeds to process the claim. This involves determining the eligibility for the death benefit payout.

  • Payout: Upon approval, RNA disburses the death benefit to the designated beneficiaries. Typically, this payout is made in the form of a lump sum.

Throughout the claims process, beneficiaries can seek assistance from RNA's customer service team. They are available to provide guidance and support as needed.

It's important to note that the specific procedures involved in the claims process may vary depending on the policy terms and individual circumstances. Therefore, it's advisable for beneficiaries to directly contact RNA for the most accurate and up-to-date information regarding the claims process.

Determining Your Life Insurance Needs

Let's face it - none of us want to think about our mortality today, or hopefully anytime soon! However, it's essential to consider the future, especially when it comes to financial planning. One crucial aspect of this planning is determining how much life insurance coverage you need.

Funeral costs are rising steadily, and what might cover the expenses today may fall short in the future. Therefore, it's prudent to plan for the long term. As a rule of thumb, we often recommend taking out a policy that covers at least twice the amount you estimate you'll need. This is particularly crucial if your family has a history of longevity, as it ensures that your loved ones are adequately provided for in the event of your passing.

Royal Neighbors Of America Member Benefits

Royal Neighbors Home Office Contact Information

American company Royal Neighbours

Rock Island, Illinois, 61201, 230 16th Street.

Phone number for Royal Neighbors of America is (855) 468-8900 .


Royal Neighbors of America offers an array of life insurance products meticulously crafted to cater to the diverse needs of its members and clientele. Among these options are final expense insurance, whole life insurance, term life insurance, and more, each meticulously designed to offer financial security and peace of mind. As a fraternal benefit society, Royal Neighbors goes beyond insurance, extending its mission to provide community support, educational resources, and networking opportunities to empower its members. While the specific details of their products and services may evolve over time, the organization's steadfast dedication to improving the financial well-being and social connections of its members remains steadfast. For the most current information on Royal Neighbors' insurance offerings and benefits, it is recommended to reach out to the company directly or visit their official website.

Royal Neighbors life insurance Royal Neighbors life insurance 2023
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