| Final Expense insurance, also known as "burial" or "funeral" insurance, is a whole life insurance policy with a low face value, such as $5,000 to $50,000, that you buy directly from an insurance company. You can name any beneficiary, typically a family member, who would make the claim and receive the money upon your death. That beneficiary would then be responsible for using the money to carry out your wishes. Having a Final Expense Insurance policy means you are covered for your entire lifetime and your premiums remain the same. Final Expense Life policies let you fit the policy coverage to your needs – you choose the amount of coverage you want. NO MEDICAL EXAMS are needed with Final Expense Life Insurance. The policies are created as simplified issue which means you only fill out a short application and no trip to a physician is required. Have you ever considered what your funeral should be like, what kind of service there should be, or even what kind of coffin you would prefer? A traditional funeral, including a casket and vault, costs about $6,000, according to the Federal Trade Commission (FTC), and additions such as obituary notices, flowers and limousines easily run up the total to over $10,000. Funeral expenses vary by region and differ in rural or urban areas. Expenses can be as low as $5,000 or more than $25,000. We have many flexible products available up to issue age 80. |
Final Expense Insurance
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| New Day Insurance Solutions offers licensed insurance agent consultation and broker services. Coverage and eligibility may be limited in some areas. All materials property of New Day International Group LLC 2011. |
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