FINAL EXPENSE
Do you really need Final Expense coverage?
The NFDA reports that in 2024, the average funeral cost with casket and burial is $8,300. If you were to pass away and your family had to pay for your funeral, could they without issue? Even so, would you want them to? Let’s prepare.
Without question, end-of-life planning is the missing piece to the financial and retirement-planning puzzle. Clearly, nobody likes to talk about death or dying. In fact, the large majority of financial professionals tend to overlook and/or ignore having “the death conversation” as well.
One of the main reasons that you will want to make sure you purchase final expense insurance is to provide your family with much needed financial assistance when you pass away. You will need to make sure that they can pay for things like your burial and your funeral.
If you already have money saved up for these items, having this type of coverage might not be that important. Even so, many clients would rather use the insurer’s funds for end of life expenses rather than their savings, or retirement. For those who do not have the money saved up for these items, having this type of coverage will be imperative.
Let's Look at the Facts
It's a certainty that everyone will eventually pass away. This is an inescapable part of life. Planning ahead can ease the burden on loved ones. Preparing for this inevitability is a wise decision.
Many people die unexpectedly and sooner than anticipated. Everyone knows a story of an untimely or unpredictable death. These events can cause significant emotional and financial strain. Being prepared can provide peace of mind.
At some point, everyone will face the emotional and financial challenges of planning a funeral. This can be for themselves or a loved one. Such planning is often complex and stressful. Thoughtful preparation can alleviate some of the burden.
PROTECT THE FAMILY YOU LOVE.
FINAL EXPENSE FAQ's:
Will I be required to do labs to get qualified?
We provide all types of Insurance plans, many of which never expire. If having permanent coverage is important to you, we have you covered!
