The average cost of a funeral today is $8.500 and does not include cemetery, monument/marker costs or cash expenses such as flowers or obituaries. Thankfully, a Final Expense Insurance policy can aid in all costs associated with the passing of a loved one not just the funeral.
Final expense life insurance is a type of coverage that provides funds for the cost of a funeral, burial, and other related expenses that are considered to be one’s “final expenses.” This coverage is sometimes referred to as “burial insurance” or “funeral insurance.” The face amount of this coverage is not typically high, with proceeds usually ranging between $5,000 and $50,000 per policy.
Final expense insurance allows the named insured to feel safe knowing that funeral-related expenses are covered regardless of the status of his estate at the time of death. A person who lives on a fixed income and might not leave much of an estate for family to use for burial costs is an ideal candidate for final expense insurance.
Life insurance in general is an important part of a good, solid overall financial plan. Certainly, by having the right type of life insurance, a decedent’s loved ones will be able to pay off debts, and continue their current lifestyle without future hardships and financial struggles.
More affordable than you may think!
Mobile Life Quote is partnered with several top Life Insurance carriers across the nation. We only work with the best! Our agents will work to find you a policy that matches your needs, compliments your budget and provides you and your family peace of mind.
Our plans are guaranteed to be with you for the rest of your life. The rates will never change! They will never go up! They will never increase! No matter what your age is or what happens to your health, and we have guaranteed coverage policy's to cover any health condition.
When this time comes, the last thing you want for your family is to worry about
"How are they going to pay for your funeral?"
Let them grieve and take comfort knowing that you have a plan in place.
What Is The Average Cost Of A Funeral?
"The new way to buy Life Insurance"