Ensuring a Dignified Farewell

Everyone deserves a respectful burial or cremation that aligns with their final wishes

Final Expense Life Insurance is designed to cover the rising costs of funerals, burials, or cremations, alleviating financial stress on loved ones. Many individuals are unaware of the high expenses involved in end-of-life arrangements, but with a proper Final Expense plan, you can spare your family the burden of fundraising or relying on social media for help. Crowdsourcing is an unreliable method for paying funeral expenses. 

Why Final Expense Life Insurance Matters 

 
Planning for final expenses isn’t about luck—it’s about preparation. If you’ve reached a point in life where traditional life insurance isn’t an option due to age or health conditions, Final Expense policies provide a lifeline. These plans ensure that your funeral, burial, or cremation costs are covered without placing financial pressure on your family.  

 

 Understanding Final Expense Plans

 

  • Coverage Amounts: Final Expense policies offer lower coverage amounts compared to traditional life insurance, typically starting from $2,000 to $5,000 and averaging up to $25,000. While rare, some plans may go as high as $50,000 but come with higher premiums.
  • Age Range: These policies are typically available for individuals aged 50 to 85, though some insurers offer plans for younger applicants starting at age 40 or 45.  

 

Types of Final Expense Policies

 

  1. Guaranteed Issue Policies: These do not require medical exams and are ideal for those with significant health concerns. Approval is nearly guaranteed, though premiums are higher.  
  2. Simplified Issue Policies: These plans ask a few health questions and, if answers meet the insurer's criteria, approval is often immediate without a medical exam.  

 

Key Features of Final Expense Policies

 

  • No Expiration: Final Expense plans are whole life insurance policies, meaning they remain active as long as premiums are paid. Unlike term policies that expire after a set period, these policies provide lifelong coverage.  
  • Endowment Age: Policies now cover individuals up to age 121, reflecting increased life expectancies.

 

Important Considerations

 

  • While Final Expense policies don’t require medical exams, applicants must provide truthful health information. Misleading answers can result in a denial of coverage, policy cancellation, or additional underwriting reviews. 
  • Final Expense Life Insurance is more than just a policy—it’s peace of mind for you and your loved ones.
  • With affordable options tailored to fit different needs, these plans ensure your family won’t have to worry about how to honor your wishes.

 

    Secure your future and protect your family with a Final Expense plan today. Click on the green button below and schedule a free, no obligation consultation today.