Final Expense in the Heart of Dixie
You can remove some of the fear associated with your death by purchasing insurance that will pay for your end-of-life expenses. Doing so will decrease the chances that your death will be a financial burden on your family, ensuring you can spend your final days in Alabama not worrying about that.
In the cotton (aka “Yellowhammer”) state, there are thousands of people who have purchased final expense insurance plans. As long as they pay their premiums, their family members or other beneficiaries will be given a moderate death benefit payment when they die. For those who do not have significant wealth built up, this could be life-changing.
What Is Final Expense Insurance?
Final expense policies provide your surviving family members with financial resources they can use to pay off your end-of-life expenses. Unlike traditional life insurance, final expense plans are not meant to be used as a replacement for your income. These plans are often referred to as burial insurance or funeral insurance because they are designed to be used to pay for a person’s end-of-life expenses.
Still, your beneficiaries can use the money to pay for anything they need to pay for. You do have the option to specify how it should be spent, but if there is money remaining, they can use it to pay for things like housing costs or medical bills. Removing the financial burden should make their grieving process somewhat easier.
Benefits of Final Expense in Alabama
End-of-life costs in Alabama can cost as much as $20,000 and sometimes more. You can easily find a final expense insurance plan that provides this amount of coverage in its death benefit, and such a plan may cost as little as $50 per month. This makes final expense worthwhile if you want to eliminate most or all of your end-of-life expenses.
Get the Coverage You Need
You may have never thought about final expense insurance, but this type of coverage is essential for many. It is easier to qualify for because there is no medical exam, so what is stopping you from getting coverage?
To get started with a free quote on coverage in Alabama, call us at 800-548-3249. We are excited to hear from you!
Book a FREE Consultation