What is Final Expense Insurance?

Final Expense Insurance is a permanent, whole life policy. The payments you make on the policy will never go up and the face amount – or death benefit will never go down. You can obtain these policies to cover your final expenses or bills after you pass. It is a very popular way for individuals not to burden their loved ones with these sorts of expenses.

Face values – or the death benefits generally range between $5,000 – $30,000. While these amounts seem relatively low, they are attractive to individuals who are generally between 50 – 85 years old who have little or no other insurance in place. They are generally non-medical policies that do not require physicals, blood work or urine specimens. They do require that a local field underwriter physically verify your identity and that someone is not trying to get insurance in you name.

For more information or to receive a quote, please request a quote on our website.