Final Expense Life Insurance

final expense life insurance

Final Expense Life Insurance

Final Expense Life Insurance is a life insurance policy designed to meet the needs of individuals who reach senior age and then realize they do not have any life insurance to cover final expenses, such as burial expenses, cemetery lots, miscellanous debts, etc. But, regardless of age, if you are healthy, we can help you get a better, cheaper, policy. Read below.

A Final Expense Life Insurance policy (also referred to as Burial Expense) is designed to help provide affordable protection that pays benefits directly to the person you choose (your beneficiary) to take care of your outstanding medical bills, unexpected expenses and other debt you may leave behind. Having a whole life insurance policy in place can be a very loving and considerate thing to do for your loved ones. Planning ahead is smart especially when loved ones are concerned.

In recent years more and more people have realized a need to plan for the payment of a multitude of expenses associated with one’s passing. If money is not available when needed, these expenses may create a financial crisis for remaining family members and loved ones.

A Final Expense Life Insurance policy is typically a whole life policy that can be used to pay for your Final Expenses. It remains level, meaning that neither the face amount of the policy nor the premium change for as long as the premiums are paid as due.

How  Do You Know If You Qualify For Final Expense Life Insurance?

final expense life insurance

Final Expense Life Insurance

Just as with any life insurance policy you need to complete, sign and file an application with the life insurance company. While typically there are no medical exams to go through, the insurance company will review your medical records in order to do the underwriting. In the application there are a number of questions that need to be answered. You qualify for this product by answering a limited number of health questions and then making payments based on the amount of funding needed to fulfill your wishes. Once the policy is issued, the insured has full coverage for life, again, as long as premiums are paid as due. Click HERE to view sample final expense policy questions. You will notice that depending on your answers to the questions you may qualify for a PREFERRED policy; or a STANDARD policy; or a GRADED BENEFIT policy.

We Can Help!

final expense life insurance

Oscar G. Suris FLORIDA AGENT
(786) 353-2528

Regardless of age, if you are healthy, you are better of getting a fully underwritten (requires medical exam) policy. A fully underwritten policy is cheaper than a Final Expense Life Insurance policy, because when the insurance company does a medical exam on the applicant, they have more information to evaluate the risk and, therefore, is the applicant is healthy the risk is low and they can offer better premium reates. We can do this analysis for you. We can find out which is a better for you, a Fully Underwritten Policy, or a Final Expense Policy.

For a free consultation and evaluation, contact us as follows:

  • Local (Miami) Number (786) 353-2528, or our
  • Toll Free Number (888) 950-8376, or
  • Click on Contact Us 

and one of our licensed agents will start working with you to find the life insurance policy the best fits your personal and financial needs.