Final Expense Insurance
Final expense insurance, also known as burial insurance or funeral insurance, is a type of permanent life insurance designed to cover end-of-life expenses. With smaller death benefits and simplified underwriting, final expense insurance can help you ease the financial burden on your family during an already challenging time.
Benefits of Final Expense Insurance
- Covers funeral costs, medical bills, and outstanding debts
- Simplified underwriting with no medical exams required
- Affordable premiums for smaller coverage amounts
- Provides peace of mind knowing your final expenses are covered
- Allows you to choose your own beneficiary
How Final Expense Insurance Works
- Determine the amount of coverage needed to cover your end-of-life expenses
- Apply for a policy, typically with a simple questionnaire
- Pay premiums to maintain coverage throughout your lifetime
- Upon your passing, your beneficiaries receive the death benefit to cover final expenses
Who Should Consider Final Expense Insurance?
Final expense insurance may be a good fit if you:
- Want to ease the financial burden on your family for end-of-life expenses
- Have limited savings or assets to cover funeral costs and outstanding debts
- Want to ensure your final wishes are carried out without financial strain on your loved ones
- Are looking for a simple and affordable life insurance option
Our caring agents are here to help you understand the benefits of final expense insurance and assist you in finding a policy that meets your needs and budget.