Final Expense & Life Insurance Plans
GIVE YOUR FAMILY THE PEACE OF MIND OF FINAL EXPENSE AND LIFE INSURANCE POLICIES
Protecting and planning for your family’s future with Final Expense and Life Insurance policies is a gift your loved ones will appreciate during the most challenging of times. Thinking of such circumstances may feel difficult now, but alleviating your family of unexpected financial costs will allow them to focus on what’s most important during their hardship.
Know that you have Options:
Term Life
If the unexpected were to happen, would your loved ones be financially secure? As we grow older, the need for life insurance increases, however even young and healthy adults should consider getting a life insurance policy in the case of accidents or emergencies.
Term Life Insurance policies provide coverage for a defined period of time. Most policies offer terms rates between 10 to 30 years. The policy only pays recipients of the policy if the person passes away during this time. These life insurance policies are recommended for younger policy holders because of their affordability.
Whole Life
Funeral costs, medical debt, and other unpaid obligations can quickly add up towards someone’s end of life. Make sure your family members are taken care of no matter what your financial status.
Whole Life Insurance provides ongoing coverage that lasts the duration of the enrollee’s life with a fixed monthly premium. These policies can accrue value over time and offer a cash payout to your intended recipients that are tax free.
Final Expense
Today’s average funeral costs at minimum around $10,000. This does not include any additional costs that are owed: medical debts, mortgages, credit cards, and other financial obligations.
Funeral Insurance or Burial Insurance pays your designated beneficiary a sum of money at the time of your death. Relieve the burden of those final expenses and allow your family members to grieve without the financial pressures of funeral costs.