Final Expenses

Final expense insurance is a type of whole life insurance designed to cover medical expenses and funeral costs when you pass away.

Most final expense plans have these features:

• Whole life insurance: No expiration as long as premiums are paid.
• Cash value: The insured can take out a policy loan.
• Fixed premiums: As long as they are paid.
• Simplified issuance: Generally no medical exam required, only health questions on the application.
• Easy application process.
• Quick approvals: Coverage can often be issued within a few days.
• Affordable rates.

Taking out a final expense policy is a smart and caring insurance solution for older adults who want to protect their loved ones from rising funeral costs. It is generally easy to qualify since it is issued based on answers to health questions. In some cases, a medical exam is not required.

For more information contact us.