What is Final Expense Insurance?
Final Expense Life Insurance, also known as Burial Life Insurance, is a type of plan designed to assist in paying the end-of-life expenses and debts for loved ones. The average funeral cost is between $5,000-10,000, and can be upwards of $20,000 in some cases. Other expenses may also be incurred towards the end of life and many people do not want to burden their loved ones with such costs. A Final Expense Life Insurance policy can provide a tax-free payout to the designated beneficiaries to help offset or pay the expenses for pennies on the dollar.
Final Expense Life Insurance offers:
- Up to a $50,000 death benefit – income-tax free!
- No medical exam
- Limited or no medical questions
- Premiums guaranteed for life
- Cash value accumulation
What common expenses are often left behind?
- Funeral expenses
- Health expenses
- Legal fees (such as probate)
- Outstanding debt (such as a mortgage or car)
How can I get an Instant Quote for Final Expense Life Insurance?
Final Expense Life Insurance is offered on either a simplified issue or guaranteed issue basis. To get an instant quote for yourself or a loved one, please give us a call at 1-800-571-2980 any time from 9 AM to 9 PM Eastern Time or send us an e-mail at Info@terminsurancebrokers.com. We will be happy to review the most favorable options for your personal situation and answer any questions you may have.