Final Expense in The Bayou State
Some of the expenses you encounter toward the end of your life are talked about less than they should. Your funeral expenses won’t impact your budget, but they will be passed on to your loved ones. Does that mean you shouldn’t prepare for them?
With a final expense policy in Louisiana, you can purchase a benefit to more than cover the costs of your funeral and burial or cremation. Taking care of your family’s finances is an investment in their peace of mind during a very difficult, emotional time.
What Is Final Expense Insurance?
Final expense insurance is a permanent life insurance policy that covers you for the rest of your life. You choose a benefit between $2,000 and $50,000, and your beneficiaries will receive that amount as a cash payment when you pass away. That money is intended to pay for the costs of your funeral services and final arrangements, but can also be used to help pay for medical bills, debts, living expenses and more. Your beneficiaries have the freedom to use the money as they see fit, or in line with your documented wishes.
Choosing Final Expense in Louisiana
Final expense isn’t a traditional life insurance policy. It’s smaller, and is tailored to the needs of seniors who are looking to pay for the costs of their funerals and burial or cremation. In Louisiana, a funeral and burial will cost an average of $7,639 and a funeral and cremation costs an average of $6,388. If you haven’t built up savings and don’t have a whole life insurance policy, final expense might be a good option to help you take care of these costs for your loved ones.
A final expense policy in Louisiana is easy to qualify for. Unlike most traditional life insurance policies, you do not have to submit to a medical exam. You only need to answer health questions. The cost of your premiums will be based on your age, sex and the answers to your health questions. Even if you have serious health conditions, you can purchase final expense insurance with a guaranteed issue policy. These cost a bit more monthly, but accept all applicants regardless of health status.
Purchase Final Expense in Louisiana
Final expense is an affordable way for seniors in Louisiana to take care of their end-of-life costs and remove that burden from their families. Senior Life Services specializes in matching people with the burial insurance coverage they need. To get a free quote or speak with an agent, call 800-548-3249 today.
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