It's a type of life insurance that provides lifetime protection and the death benefit may be used to pay for the cost of your final expenses, including a burial and funeral, among other related expenses.
Many seniors and people who have not saved enough to cover the cost of their funeral choose to purchase a final expense plan that provides up to $25,000 of death benefit coverage.
And, there are plans available that offer guaranteed approval for people between the ages of 45 up to 85 years old.
With final expense insurance there's no need to take a medical exam and you won't have to answer any health questions.
Learn more about whole life insurance for final expenses.