Final Expense/Burial Insurance benefits
Final expense insurance, also referred to as funeral or burial insurance, is used to cover end-of-life expenses. Whether it is medical, cremations, or traditional funeral costs, these plans provide a lump-sum payout in order to ease your family’s stress during this difficult time.
We do not plan to fail, we fail to plan.
Our Process to help you protect your family is as easy as 1,2,3:
Get introduced to a licensed agent
Once you provide us with your basic information, a licensed insurance agent will contact you to discuss your unique situation.
2. We compare your options
Our licensed insurance agents can answer any questions you have and discuss plans that will fit your needs and budget.
3. Select a plan for your needs
You and our licensed insurance agent will compare plans in your area. Then, we will make sure you are 100% satisfied before completing the process.
What is Final Expense Life Insurance?
Final expense insurance is a version of whole life insurance that covers medical bills and funeral expenses when you pass away.
Why is final expense popular among seniors?
Protects family from financial burden on top of grieving process and policies don’t expire as long as premiums are paid.
Average cost between $30-$70 but depends on age, sex, health, amount of coverage, and company you choose.
How the benefit is spent is up to the beneficiary.
Premiums don’t change and are affordable.
We have a licensed insurance agent waiting to help you navigate you through the Final Expense process. Our staff is knowledgeable and can handle all of your questions as well as compare plans in your area. Let us help you find a plan to protect your family.
WHO NEEDS FINAL EXPENSE INSURANCE?
This type of life insurance is best for seniors because of its focus on covering funerals, burials, and other end-of-life expenses.
WILL I HAVE TO HAVE A MEDICAL EXAM?
Not usually. Most of the time, all you will have to do is answer health questions on the application.
Every life insurance policy requires you to fill out an application. Depending on the life insurance company, the application can be 1-2 pages long or can be 5-10 pages long. The longer application will ask dozens of questions, such as the applicant’s height and weight, blood type, family history, and level of activity. These companies typically require a medical exam with blood and urine analysis.
Types of Life Insurance
Types of Life insurance
Most people choose between three types of life insurance: term life insurance, whole life insurance, and universal life insurance.
Term life insurance: which expires after a set period of time
Whole life insurance: doesn’t expire and can build cash over time, tax-deferred.
Universal life insurance: permanent insurance that offers a flexible premium and coverage options.
The following factors will determine the cost of your life insurance policy:
Your policy
The type of policy you choose, along with the term length and coverage amount, influences the base cost of your policy.
Your health
Life insurance is all about risk, so the healthier you are, the cheaper your policy will be. If possible, buy life insurance when you’re feeling your healthiest.
Your age&gender
The cost of a policy increases at a rate of 8-10% each year you put off buying one. In general, men pay more than women for comparable policies.
We’re independent.
So you can depend on us.
When you buy a policy through us, we will be your agent for life. You can trust we're advising you only on what you really need.
