Final Expense in New Hampshire
It may be hard to acknowledge the inevitability of your death, but if you were to die tomorrow, will your family have the funds necessary to cover the expenses of your funeral and burial? If the answer to that question is anything but an enthusiastic ‘Yes’, then you should look into final expense insurance. The benefits from coverage from one of these plans can provide you with the ease of mind of having a plan after you depart from this mortal coil.
In New Hampshire, people with final expense insurance can be guaranteed a lump sum payment to their beneficiaries to cover the costs of their deceasement. This payment can prove to be life changing as the costs of a funeral can be staggering.
Continue reading below if you would like to have more information on final expense insurance in New Hampshire.
What is Final Expense Insurance?
Final expense, otherwise known as burial insurance, is a form of life insurance policy which provides smaller benefits than traditional life insurance policies. These benefits are not made to replace someone’s income, they are instead aimed to pay for the end-of-life expenses that are accompanied by the insured’s expiration. The beneficiaries of this policy are not necessarily required to use the money solely for this purpose, however.
Final expense insurance does not require a medical examination, unlike traditional life insurance. This means that there is less of a barrier to acquiring approval for this policy. The process is also much more expedited, taking only a matter of days, or in some cases, same day approval can be granted.
Final Expense Cost in New Hampshire
The cost of final expense insurance can vary depending on your age and gender. A female younger than 50 years of age could pay as little as $25 dollars a month, while on the upper end, a male over the age of 80 could be paying $190 dollars a month. This is non-substantial when compared to the cost of a funeral and burial, which can quickly add up to over $8500 dollars on average. You can mitigate this financial burden by purchasing a final expense plan. There are many plans available to New Hampshire residents, so don’t delay in contacting an agent.
Shop for Final Expense Insurance in New Hampshire
It can be difficult to pick the right final expense plan without assistance. Fortunately, some of the best of New Hampshire’s best insurance agents are available at Senior Life Services. You can contact us by calling 800-548-3249 and get started with a free quote.
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