Final Expense Insurance
Also known as burial life insurance, final expense insurance provides those you leave behind with the financial means and flexibility to pay your remaining expenses, outstanding debts, and legal fees. This plan offers coverage that is permanent with premiums that never change. A final expense insurance plan will accumulate cash value.
This plan differs from a burial protection policy because it allows you to choose the amount of coverage to fit your personal needs – giving you peace of mind when it matters most. Final expense policies are simplified issue, with no required medical exams. Some plans are even guaranteed issue.