Final Expense in
As you age, you are certain to face a variety of concerning issues. None of them should involve your plan for your burial, funeral, and other end-of-life expenses. Prepare for these costs in advance by purchasing a final expense plan in your lifetime.
A final expense plan will allow your family to have access to the income they need to provide you with respectable end-of-life proceedings. Even if you do not think the money will be necessary, it is always worth considering this unique form of insurance coverage.
Who Needs Final Expense Insurance?
Like many types of insurance, there are a lot of people who think they do not have any need for final expense. That is often not true because final expense insurance provides death benefits that can prove essential once you die. Similar to traditional life insurance, these plans pay out a substantial amount of money when you pass away.
Although you will not be able to directly benefit from these funds, your loved ones will appreciate having the additional money available after you die. The money can be used for any purpose, though many people choose to allocate the funds toward their funeral and burial or cremation. If there is any money left over, it can be contributed to other necessities, such as living expenses for your surviving family members.
Final Expense Qualifications
To get final expense insurance, you must complete the application process for the plan you are interested in. Considering the vast availability of these plans, you will need to choose from several options when you apply. Regardless of which you apply to, there is no medical exam required. This is fortunate for many because medical exams often eliminate life insurance applicants from being accepted to their plans of choice.
Instead of the medical exam, final expense plans require applicants to answer a range of health-related questions. These questions are used to determine the level of risk associated with insuring them. The risk level dictates the amount you must pay for coverage and what benefits you qualify for.
Get Started With Final Expense
You can find final expense insurance plans for as little as $30 a month. To find out what types of plans you qualify for, work with Senior Life Services to compare quotes from local insurance providers. You can reach one of our agents by calling 800-548-3249.
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