Final Expense in Nebraska
There is a phrase in Latin, “Memento Mori”, which translates into “Remember that you must die.” It is an ancient reminder that life is fleeting, and that eventually it all must end. However, this does not mean that it needs to come as a burden to your loved ones. Proper preparation can ease the financial hardships that may follow one’s untimely demise. If you are an individual in Nebraska without any form of life coverage, it may be wise to start looking for final expense insurance.
In Nebraska, it may be difficult for some to acquire a final expense insurance plan, but it may be easier than you might expect. As long as your premiums are paid, at the time that you pass away, your family members, loved ones, or other beneficiaries will be issued a lump sum payment to cover the expenses of funeral costs, and other end of life duties. Final expense plans can be quite affordable, continue reading to learn more.
What is Final Expense Insurance?
Final expense, often referred to as burial insurance, is a form of life insurance plan that covers expenses associated with one’s death. It differs from traditional life coverage by having smaller premiums and benefits. Coverage often extends to funeral arrangements, such as embalming, caskets, flowers and services, and costs associated with burial, such as cremation, burial plots, headstone and internment. Some coverage can also aid with bills left over, such as medical, credit and legal.
Final expense premiums are often cheaper than full traditional life coverage since it does not require a medical examination. It is often easier to be ensured coverage, unless you have a serious life threatening condition. The approval process is also quicker and easier, as coverage can be issued in days, or often on the same day you apply. Once approved, coverage will start immediately.
Final Expense Cost in Nebraska
The cost of final expense insurance in Nebraska will vary depending on your age, and gender. A female who is under 50 can expect to pay as little as $25 dollars a month, whereas a man over 80 could pay up to $190 a month. However, both of these amounts are miniscule compared to the costs of a funeral, which could cost up to $7000 dollars in Nebraska.
Shop for Final Expense in Nebraska
The proper final expense plan may seem daunting to acquire on your own. Fortunately, you can count on some of Nebraska’s best insurance agents at Senior Life Services. You can contact us at 800-548-3249 to get started with a free quote.
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