What Is Final Expense Insurance, And Is It Right For You?

What Is Final Expense Insurance, And Is It Right For You?

Most people don't like to sit around and think about death. After all, the topic is rather sad and gloomy. Still, though, when a person begins to get on up there in age, it is a subject that needs to be addressed. Why? Well, for starters, when no planning is done before the big day, the deceased party's final wishes might not get granted. For instance, perhaps they don't get dressed in their favorite outfit, or maybe, the casket that family members pick out isn't the one that the individual wanted.

 

Final Expense Insurance Gives You The Opportunity To Plan Ahead



Final expense insurance is a policy that covers, yep, you guessed it, a person's final expenses, including funeral costs. When an individual obtains coverage, they can work with a funeral director to get all of their I's dotted and T's crossed before their death. The consumer will know exactly what they have to spend, but the amount depends on how much their policy is worth. He or she can pick out their flowers, casket, plot, and more. Don't leave these burdens on your left behind loved ones. Instead, purchase final expense insurance and get the funeral or cremation that you want.

 

Speaking Of Burdens


Unfortunately, when people pass away, their family members often experience financial difficulties. They have to try and come up with the funds to pay off credit card debt, medical bills, and funeral expenses, none of which are usually cheap. Just to give folks an idea of what they might be spending when it comes to the latter, Parting.com states that an average North American funeral runs between $7,000 and $10,000. That is a lot of cash, which most people don't simply have hanging out in the bank. Financial expense insurance is the perfect solution for easing these money troubles. 

 

Financial expense insurance is the perfect solution for easing these money troubles. Most insurance companies offer plans with payouts of between $5,000 and $25,000. Rates vary on a case by case basis, buy purchasers typically find that they are affordable.

 

It Is Easy To Qualify For Final Expense Insurance


A lot of people elect to go with final expense insurance, as it is easier to qualify for than some of the other available options on the market today. Many times, insurers do not ask the applicant to pass a physical. Rather, he or she only has to answer some preliminary questions. Additionally, the premiums are generally guaranteed for life. That is a huge draw for plenty of folks. The last thing they want is to open their mailbox one day to find that the monthly costs of their plans have skyrocketed.

Also, final expense insurance cannot be canceled due to age or health. Providing that the policyholder pays the premiums on time, they are covered. This insurance is right for some people and wrong for others. If you are weighing your options, don't hesitate to give our office a call. Our team members are happy to discuss final expense insurance, and they can help you decide whether the coverage is a good fit for you or not.

 

Don’t hesitate to contact Asurea for all of your final expense and other insurance needs.

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