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:
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.