Final expense insurance helps families cope with the loss of a loved one by guaranteeing all funeral and burial expenses will be paid. With so many different options to choose from, the grieving period is no time to be making complicated financial decisions. The accumulating costs for a service, burial plot, casket, and headstone can range anywhere from $1,000 to $10,000; and without this insurance, your loved ones will be left with these added expenses.
Final expense insurance is a perfect alternative to traditional life insurance; because it is more affordable, no medical exam is required, and premiums will not increase over time. In addition, final expense insurance can provide funds to your family within 24-48 hours of your passing; whereas traditional life insurance plans can take weeks to pay out. This instant, short-term monetary relief can be crucial for staying current with mortgage payments and covering day to day living expenses.
No longer a luxury, final expense insurance is a necessity. So what are you waiting for? Give yourself and your loved ones peace of mind today.
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