These are the smaller life insurance policies and are usually guaranteed issue, regardless of your health.
Every family should at least have enough life insurance coverage so the survivors are not left to struggle with the cost of "final expenses".
Final expense life insurance is an insurance policy that can be used to pay off bills at the end of one's life.
Because life insurance does not have to go through probate, the beneficiary of the life insurance policy will receive a check quickly. The death benefit can be used to pay the funeral, burial and cemetery costs, credit card debt, etc.
Many final expense plans offer guaranteed acceptance for people ages 50 to 80.