Final Expenses

Final Expense life insurance policy is a type of whole life insurance and usually has a smaller face amount than traditional insurance. It focuses on covering medical costs and other end-of-life expenses, including funeral, cremation or cemetery costs. Final Expense benefit provides the cash to the family when they need it the most.

What you need to consider final expense?

A Final Expense policy can offer peace of mind and ease the financial burden on your family while they're grieving. And since it usually doesn't require a medical exam, it's a good option if you have a pre-existing condition that prevents you from getting a traditional term or whole life policy.

A Final Expense policy can cover a number of costs. It will save your loved ones stress and money when the time comes. It can consist of medical bills, outstanding auto loans, mortgage debt, probate or legal fees, credit card bills, or burial expenses. Final Expense insurance will at least help your loved ones pay the bills directly related to your death, bills they maybe have a harder time paying without your income or anything else.

Final Expense insurance offers guaranteed protection and the premiums are guaranteed to be level for the length of the term or permanent. The premiums for Final Expense are usually more affordable than in traditional insurance policies. Some insurance companies offer Final Expense coverage to individuals up to age 80 or 85 years old.

Buying Final Expense insurance is one of the most important purchases a person can make. If you think you and your family may benefit from Final Expense insurance, please contact us for more information and we will be happy to assist you with your inquiry.