Final Expense Insurance

Final Expense – Whole Life Insurance

On average, a funeral can cost ,000 or more. Other expenses such as debt balances and health care bills can quickly add up. No one likes to think about this but early planning can give you peace of mind in knowing that you have taken care of the expenses and not leaving them for your family and loved ones.

Highlights of a Final Expense – Whole Life Insurance Plan include:

• Benefit choices from $3,000 up to $35,000

• Benefits never decrease and premiums never increase

• 3 plans available based on health

• Builds cash value

• Simple Yes/No application

• No physical or blood work required

Term Life insurance

Term life insurance is a type of life insurance that lasts for a specific period of time known as a term, which can be a fixed number of years or until you reach a certain age. 

Once the term ends, your coverage also expires and you can stop paying premiums.

Term life policies are usually offered for periods ranging from 10, 20, or 30 years to specific ages such as age 65. 

Term tends to be not as expensive as Whole Life because of how the product is designed.