FAQs
Frequently Asked Questions
What is Final Expense Insurance?
What is the cost?
The cost varies based on age and gender. Costs become more expensive the older you are. Some final expense insurance policies have policy limitations that need to be discussed with your agent.
What is the maximum amount of Final Expense Insurance?
There are policies with varying death benefits available in the marketplace. However, we focus on 2 simple amounts: $10,000 and $15,000. The reason for this is simple…the average funeral costs slightly over $8,000 so either option should suffice for most families.
Who is Eligible?
Everyone! However, some policies have waiting periods ranging from 1 to 3 years. Please verify with the agent you speak with.
Is Final Expense Insurance worth it?
Absolutely! Having a final expense policy in place allows your loved ones to grieve in peace without worrying about the expensive costs associated with funerals. Final expense insurance gives people peace of mind knowing that their family won’t have to start a “fund me page”, ask others for money, or “pass the hat” at a funeral.
How do I apply?
Applying for final expense insurance is straightforward. You can complete the application online without a medical exam. Simply provide your age, gender, and state to get started.
Is there a medical exam?
No, there is no medical exam required for final expense insurance. This makes the process faster and easier for applicants. You can secure coverage quickly without extensive health evaluations.
Who is it for?
Final expense insurance is designed for individuals looking to cover end-of-life expenses. It is especially beneficial for seniors or those with limited financial resources. This policy ensures that your loved ones are not burdened with funeral costs.
How quickly can I get coverage?
Coverage can be issued quickly, often within 24 hours. Once your application is submitted, our team will process it promptly. You can have peace of mind knowing your coverage is just a step away.
What are the benefits?
Final expense insurance provides financial security for your family during a difficult time. It helps cover funeral costs, medical bills, and other related expenses. This ensures your loved ones can focus on grieving rather than financial stress.
Still have questions?
We’re here to help. Reach out anytime and we’ll get back to you with answers.
Find the Right Final Expense Insurance Plan Today
Connect with a licensed agent to explore your options and choose the plan that fits your needs and budget. We’re here to guide you every step of the way.