Final Expense helps relieve families of the anxiety of having to pay funeral costs with a fixed $10,000 death benefit to help loved ones through a difficult time. Policy benefits are paid to your beneficiary, who may or may not use them to help pay final expenses.
While a traditional senior life insurance policy can provide funeral and burial coverage, final expense insurance policies have a lower face value than standard life insurance plans. You can purchase a final expense insurance policy with a coverage limit of several thousand dollars, enough to pay for a basic funeral service, casket, burial and cemetery plot. Term or whole life coverage generally begins at $10,000, an amount that may exceed your needs. Final expense insurance gives you just the right amount of coverage to arrange the funeral that you want.
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