Fast And Secure Insurance Quotes Specializing In Final Expense Life Insurance And Affordable Burial Insurance For Seniors
Final expense insurance is an insurance policy used to pay for burial expenses and funeral services when the named insured dies. Such a policy helps ease the financial burden placed on a family when a loved one dies.
Several life insurance companies provide guaranteed issue coverage, which means that no medical examinations and only a few health-related questions are required.
Final Expense Insurance Benefits
Having a Final Expense Insurance policy means you are covered for your entire lifetime. It also provides those left behind the means and the ability to pay any remaining expenses or outstanding debts you can even make bequests!Flexibility makes Final Expense Life Insurance different from burial protection policies which can only cover the costs of burial.
Final Expense Life policies let you fit the policy coverage to your needs you choose the amount of coverage you want.
NO MEDICAL EXAMS are needed with Final Expense Life Insurance. The policies are created as simplified issue which means you only fill out a short application and no trip to a physician is required.
Who Needs Final Expense Insurance
Final expense insurance is permanent insurance it doesn't expire (as long as premiums are paid) and it carries a cash value over time. Because the death benefit of the policy (typically $5,000-$25,000) tends to be less than the benefit of traditional insurance, the premiums tend to be more affordable for those on a fixed budget. This makes final expense insurance an attractive option for seniors looking to cover their end-of-life expenses.
Final expense life insurance isn't just for seniors. Anyone concerned about leaving their loved ones unprepared when they pass should consider taking out a life insurance policy on themselves. Getting multiple quotes including a final expense quote can help you determine what type of life insurance is best for you.