Insuring a Bright Future

Final Expense Life Insurance is a specific type of whole life insurance. It provides a death benefit to help with costs associated with burial and other lasting expenses after death.

These policies are also known as burial insurance.

Here are some of the common features of final expense life insurance:

• Level premiums for life
• The death benefit is paid to the beneficiaries tax-free
• Policies typically have a level death benefit
• No medicals needed for approval
• Simple & quick process
• Death benefits of $2,000 to $15,000

It’s great insurance if you are looking to pay for expenses and not be a financial burden to the next generation.

The number we are going to show you is only a guide, as we mentioned before, everyone has different needs. You should get as much coverage as you require.

That being said, the National Funeral Directors Association estimates the average funeral cost close to $9,000.

If you would like to cover any debts and leave a legacy, you can add coverage from there.

There are a few things you should consider when purchasing a final expense policy.

Here is a quick list of things to plan for:

• Burial Expenses
• Medical Bills
• Loss of income for the family
• Bills left unpaid and other debts
• Educational expenses
• Passing on an inheritance

Everyone’s situation is different, but in general, if you make the previous list of costs, you will get a great idea of how much coverage you should get.