It's a type of permanent life insurance policy that provides you with guaranteed lifetime protection with a small amount of life insurance, usually $20,000 or less, to pay for the cost of your funeral, burial, and related expenses.
Many people set up a final expense life insurance plan to cover the cost of their end of life expenses which may include funeral, burial, memorial service, medical bills, etc.
With the average cost of a funeral and related expense now around $8,000 - it makes sense to plan ahead so you don't leave your loved ones with the financial burden of your final costs, especially while they are mourning your loss.
Final arrangement life insurance plans offer guaranteed approval for people who meet the age requirements. The ages for guaranteed acceptance may vary by carrier - 45-75, 40-80, or 45-85.
In addition, the amount of coverage available may vary by carrier from $3,000 up to $25,000, usually.
And, these plans are hassle-free - there's no medical exam or health quesitons asked.
Here's how to learn more about final arrangement life insurance plans.
Many people set up a final expense life insurance plan to cover the cost of their end of life expenses which may include funeral, burial, memorial service, medical bills, etc.
With the average cost of a funeral and related expense now around $8,000 - it makes sense to plan ahead so you don't leave your loved ones with the financial burden of your final costs, especially while they are mourning your loss.
Final arrangement life insurance plans offer guaranteed approval for people who meet the age requirements. The ages for guaranteed acceptance may vary by carrier - 45-75, 40-80, or 45-85.
In addition, the amount of coverage available may vary by carrier from $3,000 up to $25,000, usually.
And, these plans are hassle-free - there's no medical exam or health quesitons asked.
Here's how to learn more about final arrangement life insurance plans.
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