Final expense insurance is a type of life insurance policy with a smaller premium. It is designed to help families pay costs associated with end-of-life. These premiums are much more modest than the average life insurance policy, and the death benefits are typically between $2,000 and $50,000. This makes the monthly premium lower. Read our …
5 Tips For Choosing the Best Burial Insurance Plan Read More »
Final expense insurance, also called burial insurance, is like a smaller, more affordable life insurance policy. It’s intended to help the policyholder’s loved ones cover end-of-life expenses. Final expense insurance is relatively flexible, accepting many high-risk people that standard insurance would normally reject. Read on to learn the basics about final expense insurance. How Final …
A final expense policy is a type of permanent life insurance policy. The big difference is that it’s smaller. A final expense policy is typically between $2,000 to $50,000 — meaning the beneficiaries receive between $2,000 to $50,000 as the death benefit. Anything higher than $50,000 normally falls under a standard life insurance policy. Read …
How Much Coverage Can You Take Out for a Final Expense Policy? Read More »
When looking for final expense insurance policies, it can be difficult to balance budget with quality. There are a few measures you can take to find the best rates. The first measure is to research insurance companies. The second step is to compare quotes online. And the last measure you can take is to find …
How to Find the Best Rates for Final Expense Insurance Read More »
Final expense insurance, also known as burial insurance, is a type of insurance that is meant to cover costs associated with end-of-life. By purchasing a final expense plan, the policyholder is financially protecting their loved ones. There are multiple types of final expense policies. One type is a level final expense plan. This policy is …
A graded death benefit is a type of insurance policy with specific limitations on it. These limitations have to do with the timing of the policyholder’s death in relation to how much of the benefit their loved ones receive. Understanding the graded death benefit can change what type of policy you choose to purchase. Read …
Final expense insurance is a smaller, more affordable type of life insurance policy. It helps people cover their end-of-life expenses and ease some of the financial burden from their loved ones’ shoulders. Understanding whether or not it’s right for you can be a little confusing. SLS is here to help. Read more below to understand …
A burial policy, also known as final expense insurance, is a type of life insurance policy. These death benefits are typically more modest than the standard life insurance policy, ranging between $2,000 to $50,000. Burial policies function like any other private insurance plan. You buy the plan from the company, pay a monthly premium, and …
Most people know that financial planning is important for their future, but they may not always remember to plan for end-of-life costs. Common final expenses include outstanding bills, medical debt, and the actual cost of the funeral. If you don’t plan for these expenses, your loved ones could be left to pay all the bills. …
Preneed funeral insurance is a type of insurance intended to help your loved ones prepare financially for the end of your life. While it may seem morbid to prepare for such an event, a funeral can be an expensive endeavor. Learn more below about Preneed Funeral Insurance and whether it is right for you. Preneed …
