Most people don't like to talk about end-of-life issues, it is important to plan for them. Expenses associated with death, such as caskets and embalming, can have a substantial financial impact on those you love. Final expense life insurance can help protect loved ones from having to pay these costs out of pocket. In 2012, the average funeral exceeded $8,000. In most cases, a basic funeral service will include a memorial, death certificates for the deceased, and housing the remains. In addition to those costs, there are also charges involved for goods and services, such as transportation, preparation and embalming, use of the funeral home, a casket and headstone, a burial plot, grave site, the burial service or alternatively, cremation. There may also be additional costs, such as flowers and the printing of memorial cards.
Features of Final Expense Insurance
- No Medical Exam Required
- $2,500 – $100,000 in coverage.
- Typically issued either immediately, or within 48 hours
- Premiums will never increase.
- Beneficiaries can use proceeds for any purpose.
- Builds Cash Value you can Borrow against.
- Children and Grand Children Riders Available.
- Accidental Death Benefit Riders available.
How do Buy Final Expense Insurance for Yourself or Loved One?
The first step is simply to request final expense quotes either online or over the phone. If the applicant is fairly healthy for their age, answering a few health questions may lead to the lowest prices and better benefits. However, insurers also offer guaranteed acceptance plans for middle aged to elderly people who suffer from very serious health problems. Call us or fill out our online quote form to learn more about how final expense insurance can help you prepare for the high cost of funerals and other end-of-life expenses. Once you or your loved one has purchased coverage, you can stop worrying and just start enjoying the time you have together.
