FINAL EXPENSE INSURANCE

Final Expense Insurance

Final expense insurance can help to protect your family from the burden of final expenses, like a funeral, burial, and even medical expenses.
Final expenses can be difficult to talk about, yet they can be a major burden to your family and loved ones, compounding an already difficult time. Having final expense insurance in place helps ensure your family won’t need to use their savings to cover any funeral, burial, or medical expenses you may leave behind.

Is final expense insurance beneficial to you?

Here are some conditions that may indicate you should consider final expense insurance:

Your family is grown

Later in life, your family is less likely to be dependent on your income, and you may not carry as much life insurance as you did when you were raising a family or paying down a mortgage. Upon your passing, your family may only need readily available cash to helps pay for funeral and burial expenses—immediate costs that final expense life insurance can help to cover. But don’t guess; use a life insurance calculator to confirm your estimate.

You have pre-existing health conditions

Many insurance companies can issue final expense life insurance without requiring a medical exam. Final expense life insurance is easy to qualify for, simple to understand, and won’t be terminated as long as premiums are paid on time.

You’re looking for affordable coverage

Final expense insurance can be affordable, and premiums generally won’t increase over time. While the face value (death benefit) is typically smaller than that of a traditional life insurance policy, so are the resulting premiums.