Basically, Final Expense coverage is a type of life insurance designed to cover outstanding bills and funeral expenses when you pass

Most final expense plans have these features:

• Coverage you cannot outlive – no expiration if premiums are paid
• No premium increases- These polices are level premium
• No medical exam is required, just health questions on the application
• Simple application process
• Fast approvals – coverage can often be issued in days (2-3 days on average).
• Affordable rates and customized options

Life insurance is a great option if you need income replacement, but when you’re older or already retired and you don’t have dependents or significant financial responsibility anymore, you may no longer need a typical life insurance policy. However, planning for your funeral and paying off outstanding bills can be handled by a Final Expense plan.

To find out how a Final Expense plan can compliment your current financial portfolio, please contact us. There is no charge for a consultation.