Welcome, to the Heritage Life Solutions...

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Welcome, to the online Hub of...

Dominic Franchi

Life Insurance Specialist

About Heritage Life Solutions Inc & Dominic Franchi...

We are an independent life insurance broker that relies on personal touch and service to help people just like you shop and compare the different life insurance options out there. You won't get lost in the shuffle or pushed through a giant sales engine. We'll take the time to understand what you're concerned about and help you find competitive solutions.


Dominic G. Franchi has 20+ years of experience in the insurance and financial services. He is married to his wonderful wife Jami and they have three daughters, ages 10, 8, 4. When he's not teaching them to ride bikes and roasting marshmallows in the backyard, they like to travel to water parks in the Midwest. Dominic is a big sports fan and enjoys a round of golf when he can fit it in.


We would like to thank you for allowing us the opportunity to work with you, we are truly grateful and will do our best to earn and keep your business.

HLS Blog

A Simple Explanation of

"Term Life Insurance"

This really doesn't have to be so confusing. So here's my simple explanation of "Term Life Insurance"...


What is Term Life Insurance?


It is life insurance that pays a death benefit to your beneficiaries if you die within the term period... That's it.


It is usually offered in 10, 15, 20, 25, or 30-year terms.


You pay the same premium for the entire term period. Pretty simple, right?


The shorter the term period, the lower the monthly premiums are so the 10 year-term is the least expensive to purchase.


There is a catch though...


If you live longer than the term you will lose your coverage or you can "renew" the policy at much higher rates. (truth)


That's why you should make sure you get a long enough term policy to protect your entire family while they are still young and financially vulnerable.

What is Final Expense Life Insurance?

What is final expense life insurance? That is the question I'm going to answer in this video and blog post.


My name is Dominic Franchi, and I'm the President of Heritage Life Solutions, an independent life insurance broker. I can help you shop and compare the top-rated life insurance companies in the industry, finding you the best coverage at the most competitive rates.


Before I get started, I did promise a free giveaway, please on the link below:


“8 Biggest Mistakes that Seniors Make When

Purchasing Final Expense Life Insurance.”


It is an indispensable guide for anyone that is looking for final expense coverage. Follow the link to get your copy today.


So the question today is... What is final expense life insurance?


Final expense life insurance is actually just a small whole life insurance policy designed to cover the cost of your final arrangements or funeral. With this policy, you don’t have to take a medical exam to qualify; your premiums will never increase, your coverage will never decrease, your policy lasts forever, it is easy to qualify with pre-existing conditions, it covers all causes of death, and you cannot lose your coverage later if your health changes or as you get older. It is a guaranteed death benefit. You pay the premiums, and the insurance company pays the death benefit to your loved ones when you pass away.


Final expense life insurance is not one size fits all; there are many different types that you can choose from to suit your individual and family needs.


There’s level benefit, graded benefit, and guaranteed issue. Within these types, there are even more variations and riders which allow you to tailor the policy further.


Let’s talk level benefit first; this is the best kind and the one that most people want to own. This kind of final expense has no restrictions on how or when you pass away. It’s full coverage, starting immediately. To qualify, you must be able to answer a series of yes/no questions honestly. Those questions will be verified by reviewing your pharmaceutical, motor vehicle, and MIB reports. Level benefit final expense whole life insurance accepts most pre-existing conditions but has some exclusions, like cancer within the last two years.


Graded death benefit final expense life insurance is similar to that of level benefit. The main difference is that if you were to pass away in the first two years of the policy of anything health-related, it pays a graded death benefit to your loved ones. Typically, it will be a 30% payout of the death benefit if you die within the first year and 60% payout if you die in year two. Starting at two years and one day, it is an automatic 100% payout of the death benefit, no matter what. This policy is usually offered to someone who answered all the health questions but had a medical condition that excluded them from the level benefit policy. Perhaps a medical condition like COPD or someone that had a heart attack within the last two years. With graded death benefit, accidents do not have a graded period and are covered right away.


The last kind of final expense life insurance is guaranteed issue final expense life insurance. This policy will contain a 2-year waiting period. If the insured dies from a health condition within the first two years, the payout will equal a return of premiums paid, plus 10%. Again, after two years, it is an automatic 100% payout no matter what. Again, like the graded benefit final expense, accidents are covered immediately without a waiting period. This is the easiest to qualify for because everyone is guaranteed approval; it covers all pre-existing conditions and has zero health questions.


You don’t have to know what kind of final expense life insurance you qualify for because we’ll go through a basic health and lifestyle questionnaire with you and recommend the best available policy. It’s important to be honest during the questionnaire so that our recommendation is accurate and that we don’t apply somewhere that will be declined.


If you have any questions about final expense or any other life insurance, contact me directly at 847-749-2933.


If you want to get an instant online final expense quote, take a look below this blog post...


Once again, my name is Dominic Franchi, President at Heritage Life Solutions. Thank you for stopping by.

What is Life Insurance???

What is life insurance? That is the question I'm going to answer today.


My name is Dominic Franchi and I'm the President of Heritage Life Solutions, an independent life insurance broker. I can help you shop and compare the top-rated life insurance companies in the industry, finding you the best coverage at the most competitive rates.


The question today is... What is life insurance?


Life insurance is a contract between you and the insurance company. In this contract, you agree to pay premiums, and the insurance company agrees to pay a death benefit to your beneficiary when you die.


Life insurance is not one size fits all; there are many different types that you can choose from to suit your individual and family needs.


There is term life, whole life, accidental death, and universal life insurance. Within these types, there are even more variations and riders which allow you to tailor the policy further.


We'll dive deeper into these variations in other videos, so please check the link in the description below. You can go to HeritageLifeSolutions.com to learn more or contact us directly at 847-749-2933.


You can run your own term life or final expense quotes below...


Once again, my name is Dominic Franchi, President at Heritage Life Solutions. Thank you for visiting.

My Services

Life Insurance

Final Expense

MPI

MPI

Maximum Premium Indexing

The MPI® Premium Strategy brings the advantages of leveraged life insurance
to everyday Americans, helping people from all walks of life achieve the
financial freedom they desire and deserve.

Click here to get a free copy of the best selling book, "Everyone Ends
Up Poor" by Curtis Ray, inventor of the MPI® Premium Strategy.

Get started today online or by calling us 847-749-2933!

Term Life Insurance Quotes

With Term Life Insurance, you get the peace of mind that comes with knowing
your family will be taken care of if something were to happen to you.

You can choose from a variety of term length options that fit your needs and
budget. A term life insurance policy comes with guaranteed monthly premiums for
the specified duration of time (e.g., 10 years or 20 years) and provides
beneficiaries with the death benefit in case of your untimely death during the
policy period.


At Heritage Life Solutions Inc., we have access to all the top rated life
insurance carriers and will help you shop and compare so you get the best
coverage at a price you can afford.

Click here to calculate your price online or call us 847-749-2933!

Final Expense Quotes

Do you worry about funeral expenses while planning your end-of-life plans? Getting a final expense policy shouldn't be a hassle.

With Final Expense Life Insurance, you can rest assured that your loved ones
will be taken care of no matter what happens.

This life insurance policy guarantees monthly premiums and guaranteed death
benefits, so you'll know your family is protected from any unforeseen expenses.

For added peace of mind, the policy never expires, so you can feel confident
that your loved ones won’t be burdened with the cost of your burial and other
final expenses.

Get started today online or by calling us 847-749-2933!

Enter My Latest Giveaway!

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Get started by clicking the button below.

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Real People. Real Success Stories.


We've been looking for life insurance since our kids were born and are so glad we went to Dominic. He's extremely professional and had our best interests in mind. The whole process was way easier than I was expecting it to be and I would recommend him to anyone looking for life insurance for their family. Thanks again Dom!

– Tom R.


I purchased my first life insurance policy from Dominic at Heritage Life over 15 years ago and he’s been my family’s trusted adviser ever since. He’s guided us through some simple policies as well as complex ones, including converting term policies to whole life policies. Most recently for a new policy I had trouble in underwriting (related to a medical review) which would have caused the price to increase, and Dominic was able to work with the insurance carrier to fix the issue and get the policy in place at a discount. You can trust and count that Dominic and the Heritage Team will get the job done!

Martin F.


Dominic was helpful and knowledgeable. He was patient and listened to me. He talked to me about the different types of life insurance to help me figure out what policy was the best for me. Thank you Dominic.

– Kristi H.


My husband and I are very happy with the service and advice Dominic provided to us while looking for life insurance. He was so easy to work with and helped us at every step. I highly recommend him.

– Renee L.

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– Client's Name

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– Client's Name

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– Client's Name

Let's Get Social!

CONTACT ME

1532 W Richmond St, Arlington Heights, IL 60004, USA

1532 W. Richmond St.

Arlington Heights, IL 60004

dominicf@HeritageLifeSolutions.com

(847) 749-2933 (Main)

(847) 716-2388 (Other)

(847) 713-1616 (Other)

Mon-Fri 9am-5pm

Dominic G. Franchi - Heritage Life Solutions Inc. - 2023 All Rights Reserved - Terms of Use - Licensing - Privacy Policy

Our licenses/lines of authority - People who give you advice and sell you insurance are required to be licensed by each state in which they do business. All solicitations to apply for insurance and applications for insurance are made through Heritage Life Solutions Inc. Inc. Dominic G. Franchi, National Producer Number 7318234 is individually licensed in the following states. This website is not a solicitation to sell insurance in any jurisdiction in which we are not licensed.

IIL 7318234 ME PRN225539 MI 7318234 FL P230548 AZ 962170 NC 7318234 AR 7318234 UT 426527 OH 810907 LA 508209 CO 350919 PA 571817 GA 2702745 OR 7318234 NJ 1274416 OK 100156772 MN 40310128 TX 1715225 WV 7318234 SC 53858 MD 100035764 KS 7318234 IA 7318234 VA 765917