Final Expense in The Natural State
Aging is a difficult process that affects everyone. Death is a natural part of that process. While death is inevitable, there are ways to prepare yourself and your family from the expenses associated with your death.
A final expense insurance policy will provide your loved ones with income that can be used to handle any expenses that arise when you die. With the average funeral and burial costing approximately $10,000, this can be essential. Without some form of life insurance in place, this burden will fall directly on your closest relatives.
You can prepare your family financially for costs associated with your final sendoff—by getting a state-regulated final expense plan.
What Is Final Expense Insurance?
Final expense insurance is a unique type of life insurance policy. These are whole life insurance policies that do not fall into the same category as traditional life insurance. What makes final expense different from traditional life insurance is the fact that final expense insurance offers lower death benefits and does not require a medical exam.
The medical exam is a common reason why people are unable to qualify for traditional life insurance, so final expense can be a life saver for people with pre-existing health conditions. It is much easier to qualify for final expense insurance, so consider getting a plan today if you have health problems that have prevented you from getting other life coverage.
Final Expense Benefits in Arkansas
The benefits offered by final expense insurance plans are similar from state to state. Usually, these plans offer coverage ranging between $2,000 and $50,000. Though, some states may have plans that offer higher policy amounts. To find out what coverage options are available in your area, you should work with a final expense insurance agent. That way, you can get eyes on all of the plans that fall into the range you are hoping to get.
Final Expense Costs
Final expense insurance is not expensive. In fact, it is relatively affordable. You can get a plan for less than $50 a month in some cases. What you pay depends mostly on your answers to the health questions that they ask when you apply. Although, there are some other factors that play into the pricing.
Find a Final Expense Plan in Arkansas
If you have tried to find final expense insurance on your own but have not found the right plan yet, a final expense agent from Senior Life Services can help you throughout the process. Call us at 800-548-3249 to get a free quote on coverage.
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