What is Final Expense Insurance?

What is Final Expense Insurance?

Final expense insurance is an insurance policy used to pay for burial expenses and funeral services when the named insured dies.

Such a policy helps ease the financial burden placed on a family when a loved one dies.
More About Final Expense Coverage

Final Expense insurance is a basic issue life insurance policy that covers people until they reach 100 years old. It is quite similar to universal life insurance and is sometimes referred to as graded life or burial insurance with easy issue permanent coverage.

As an inexpensive insurance choice, final expense coverage can be used to cover the funeral and burial costs of the policy holder. Expenses associated with death, such as caskets and embalming, can have a substantial financial impact on those you love. Final expense life insurance can help protect loved ones from having to pay these costs out of pocket.

Most people who do not want to place a hardship or burden their families with these burial and funeral costs will take out burial insurance polices.

Burial premiums can begin with higher costs at first than other forms of insurance since they include cash value features. An important advantage of burial premiums is that they are fixed, which means they remain the same even if your health deteriorates.

Final Expense coverage can pay for the casket, funeral service, visitation/viewing, hearse, digging and filling the grave, the actual cemetery plot, or burial vault or grave liner, minister, headstone, flowers, and other expenses related directly to named insured’s funeral.

Contact us to learn more about the right final expense coverage for you.
(262) 551-1298​
Kenosha, WI 53140​

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About Smithfin
About Smithfin

Smithfin William Smith  is the owner of Smithfin.com. He's an independent life insurance agent.     "We work with individuals across the nation to secure the best life insurance rates saving them time, money and frustration."

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