FINAL EXPENSE INSURANCE

One of our licensed life insurance agents, William Kovacs, who has been focusing on the needs of senior citizens, explains the simple reasons why you need FINAL EXPENSE INSURANCE:

Most people have not heard of or understand Final Expense Insurance. Or if they have, they don’t want to think about it. However, let us explain exactly what it is and why you need it. Final Expense Insurance, commonly known as Burial or Funeral Insurance, is a specialized coverage to ensure that your loved ones are not left with the financial burden of your funeral and related expenses. The policies are much smaller than conventional life policies, and the premiums are as low as $25 per month.

Your loved ones will already be grief stricken by your passing; they don’t need to contend with the added financial stress caused by your death. This may be a sensitive subject and a difficult conversation to have, but read on to find out why it’s so important.

For starters, just think about what peace of mind it would give both you and your family knowing that your final expenses are covered. Considering the rising cost of funerals and the decline in Social Security benefits, your family could be left with a huge financial burden. It used to be that you could have a decent funeral for $5,000, but nowadays that won’t even cover the cost of a casket. Once you factor in all the other costs; a plot, flowers, programs, etc..., you may well be paying $10-$15,000 or more to bury a loved one. Given today’s economy, it is nearly impossible to absorb these sudden costs.

In addition, Final Expense Insurance is the best resource for two main reasons. First, in most cases no medical exam is needed. Second, it is available at an extremely low cost. You can purchase a policy of $10,000 for as little as $25.00 a month. In comparison to what you will receive in social security benefits, a mere $225.00, obtaining some sort of financial protection is a necessity and should be a top priority in the planning for your family’s future. The policies are flexible and can be purchased by the insured, or by a family member or caretaker.

In closing, your passing will already be an extremely difficult time for your loved ones. A Final Expense Insurance policy can be a simple and affordable way to make sure that your funeral, burial and related expenses will be paid for. Final Expense Insurance definitely will be a beneficial investment, one that will bring great peace of mind to both you and your loved ones.

Click here to get a quote today regarding this and other insurance products.