Every day, families are faced with the difficult task of saying goodbye to loved ones. No one knows when we or a loved one will die, but we can take steps to help ensure that funeral costs and other final expenses will be covered when the time comes.
- How will your bills and funeral expenses be paid?
- Who will pay for any outstanding hospital or medical bills?
- Could your family afford to pay these bills without sacrificing their retirement or other savings?
- Do I want to leave this financial burden to my family after I die?
Final expense insurance is life insurance and there are two main types of coverage: Level Benefit, which pays the entire life insurance benefit immediately upon approval, and Graded Benefit, which pays out a reduced life insurance benefit during the first two years. Both types only require a short health interview--no medical exam is required, and both offer coverage up to $25,000.00.