What is Final Expense Insurance?
Loans, credit card debt, estate costs, the funeral… most people leave behind unpaid expenses when they die, expenses that, if left unattended, burden their families tremendously. Final expense coverage is life insurance that pays off these debts, ensuring that everything will be taken care of when you pass away.
Final expense insurance is a type of whole life insurance policy. The benefits of whole life insurance include a guaranteed level premium that will never increase, guaranteed cash value and a guaranteed death benefit that can never get any lower. The cost of final expense coverage is affordable, even if you have some health problems. The application process is quick and easy. You can apply for final expense insurance coverage without having to undergo a medical examination – you simply have to answer the questions on the application and your agent will do the rest for you.
Why is Final Expense Insurance So Important?
The average funeral costs between $10,000 and $30,000 in the United States. That, in addition to existing personal debts, legal and medical bills, can quickly break the bank. If you died tomorrow, could your family afford the expenses?
If the answer is no, then final expense insurance is essential. With a final expense policy in place, you can rest assured, knowing that your debts will never add to your family’s grief. Everything, from the cost of burial to hospital bills and probate attorney fees, can be covered. It’s not just the responsible thing to do, but it’s a final gift to your loved ones in their time of need.
You can obtain a free final expense insurance quote by filling out the form on this page or by calling our toll-free number. Our team of highly skilled specialists at Basta Executive Financial Services and Employee Benefits will work with you to develop an insurance plan that fits your budget and coverage needs.
Planning ahead with final expense insurance will ensure that your family won’t have to deal with the financial burden of your funeral and other outstanding bills. We can help you get coverage with face amounts from $1,000 to $50,000 to protect your family’s financial future.
The National Funeral Directors Association has stated that the median cost of a funeral with a vault is more than $8,000 and is likely to increase over time. Have you taken the necessary steps to ensure that your family, spouse and children are not burdened with these expenses?
Final Expense Insurance Provides:
- Up to $150,000 in covered final expenses
- Many of our carriers offer coverage with no medical exam
- Optional coverage for children and grandchildren
- Use your final expense insurance money early if you’re diagnosed with a critical or terminal illness
- Level premiums available that will never increase as you get older
- Coverage available for smokers and those with health issues
Our team of highly skilled licensed insurance specialists will work with you to develop a plan that provides the coverage you need at a price you can afford. To learn more about these and other benefits of our final expense insurance, please fill out the form below today and one of our licensed agents in your area will contact you. We look forward to hearing from you!
Note: Not all benefits are available in every state. Please ask your insurance specialist for more details.