Final Expense Life Insurance Benefits
No one likes to think about the day when they are not going to be here anymore. However, it is important to put provisions in place to ensure your family is covered. Final expense life insurance is a great way to help ease the burden of your love ones after you are gone.
Here are some of the top benefits associated with final expense life insurance:
- Policies are often lower in cost than other life insurance policies such as term
- As long as the premium is paid, the coverage remains until the death of the insured
- Coverage often can be up to $25,000 which can provide for the cost of your funeral as well as additional costs such as fees associated with selling assets, paying off debts, and more
- Most policies are guaranteed issue and do not require a medical exam