Final Expense in North Carolina
Vehicle collisions, heart attacks, strokes, brain aneurysms… so many ways to pass away suddenly. If you were to die tomorrow, do you have a plan for your loved ones to pay for your funeral? If this is a concern to you, your best bet would be to acquire a final expense insurance plan. A final expense plan can provide protection to your family’s assets given your untimely demise.
In North Carolina, many people have already acquired such life coverages, however traditional life insurance can be inaccessible and exclusive to those with risky general health. Final expense policies, however, are cheaper and more accessible while still providing a large enough death benefit to cover the expenses associated with one’s end-of-life. If you would like to know more about final expense insurance in North Carolina, you may continue reading.
What is Final Expense Insurance?
Final expense insurance can be summed up as a whole life insurance policy that will pay out to one’s beneficiaries in the event of their death. It is often referred to as funeral insurance, or burial insurance, as these expenses are often appropriately covered by the benefit paid. There is no restriction, however, on what the payment is used for, so it can also be used to cover your loved ones life expenses, or just provide a substantial bump in financial resources immediately following your death.
Final Expense Costs in Florida
The cost of premiums for final expense insurance can vary depending on your age, gender, and general health. These premiums can start around $25 per month for a woman under the age of 50, or go up to $190 per month for a man over the age of 80. These prices are quite affordable when considering the cost of an average funeral in North Carolina is around $7400.
Shop for Final Expense Insurance
It can be difficult to acquire the exact plan suitable for you and your family, however some of the best insurance agents are at your behest to assist you in this endeavor. Senior Life Services can provide the insight you need into acquiring final expense insurance. You can get in touch with us at 800-548-3249 and get a free quote.
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