What does final expense insurance cover?
It covers costs associated with passing: funeral services, burial or cremation, outstanding medical debts, and other expenses left for the family. Typical coverage ranges from $5,000 to $50,000.
Life insurance designed to cover funeral costs, outstanding debts, and final expenses, so your family doesn't have to worry about that during a difficult time.
It covers costs associated with passing: funeral services, burial or cremation, outstanding medical debts, and other expenses left for the family. Typical coverage ranges from $5,000 to $50,000.
Especially important for seniors who want to make sure their loved ones don't have to bear these costs. Also for anyone who wants to have this resolved in advance.
Many final expense plans don't require a medical exam and have a simplified approval process. Premiums are fixed and coverage is permanent, once approved, it doesn't change.
Premiums depend on age, health, and coverage amount. For many people, costs can start from $70 per month. A quote for your situation gives exact numbers.
Most carriers accept applicants up to age 80–85. The younger you enroll, the more affordable the premium.