Why You Should Consider a Final Expense Policy

Most of us don't like to think or consider the need to prepare for our funeral and burial; however, covering these expenses is an important part of planning your estate. Final expense insurance gives your family the financial resources they need when the time comes. Along with preparing a will and drafting advance health care directives, you should decide how your final expenses will be paid. Final expense insurance provides an affordable way to provide for these costs, without leaving that burden on your loved ones.

While a traditional senior life insurance policy can provide funeral and burial coverage, final expense insurance policies have a lower face value than standard life insurance plans. You can purchase a final expense insurance policy with a coverage limit of just a few thousand dollars, enough to pay for a basic funeral service, casket, burial and cemetery plot. Term or whole life coverage, however, generally begin at $10,000, an amount that may exceed your needs. Final expense insurance gives you just the right amount of coverage to arrange the funeral that you want.

Purchasing a final expense coverage is relatively easy.  Many plans simply require you to complete a basic medical questionnaire and meet specific qualifications.  Usually, there is no medical examination required.  Consequently, if you cannot qualify for a standard life insurance policy, a final expense policy many provide you with the protection you need.


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Margy Wenham has been working as an independant insurance agent for over twenty (20) years in Redding, California.  She can be reached at 530.221.0955, by email at Margy@MargyWenhamInsurance.com or through her Websites, www.InsuredByMargy.com, www.MedicareSupplementsByMargy.com.

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