Final
expenses do not have to create an unexpected financial burden
for your family or loved ones. You can relax knowing that
when they are faced with the inevitable expenses such as
funeral, administrative and probate fees, you have provided
for them.
Please let us contact you:
Just fill out
the form below and
licensed agent will contact you same business day. Thank you.
Burial
insurance, also known as final expense or simplified life
insurance is essentially a permanent life insurance product with
a simple application process and small face value, which ranges
from $5,000 to $25,000 although policies can often be written
outside of that range. This type of insurance is designed to be
conveniently purchased without the requirement of a medical exam
or a complex questionnaire. Applications can be completed over
the phone, only a few health questions are asked and no home
visit is ever required.
When
purchasing final expense/burial insurance, it is important to
consider some of the financial possibilities that your family
can incur. Your family may not face all of the expenses listed
below, but you should at least be aware of the possibilities.
Burial
Expenses
Cemetery
Plot
Headstone
Casket
Outer
Vault
Embalming
A Viewing
Cosmetics
Hearse
Minister
Music
Flowers
Celebration of Life (Luncheon or Dinner)
Final
Expenses
Any
Doctor Bills
Legal
and/or Lawyer Fees
Any of
your debts
Aside from
the simple application process Final Expense insurance features:
Cash
value that is available for emergency expenses.
A death
benefit that never decreases.
Premiums
that never increase.
Policy
cannot be canceled regardless of age or health as long as
premiums are paid.
Accelerated death benefit: Receive up to 50% of the death
benefit early if diagnosed with a terminal illness.
Never
cancel existing coverage
until the replacing policy has been issued. Make sure you have
verification of this!
Ownership and Beneficiaries.
Although the policy may be financial protection for your life,
the owner of the policy doesn't need to be you. In many cases it
is beneficial for your spouse, a trust, an estate or a
business/corporation to own the policy. The general rule that
applies is that the owner and beneficiary need to have an
"insurable interest". Simply put, that person or corporation
needs to have a financial interest in your living.
Call us
for all your Final Expense insurance needs
