Most people get final expense insurance to cover funeral and burial costs, medical bills, credit card debt and other end-of-life expenses. You can also choose to cover terminal illness and take advanced payments for treatment or medical bills. Funeral expenses are getting higher and higher each year. In 1960, the average cost of a funeral without a vault was just over $700 in 1985 that number rose to$2,737 and in 2019, the average cost was more than $9,508. And the costs only continue to rise.
Ease the burden on yourself.
While no one enjoys talking about, discussing, or looking forward to death; taking care of financials before your own death can provide you with the time to deal with what best suits your individual needs in the here and now.
Resting assured your funeral will be a remembrance of you.
Buying a small amount of protection enables you to provide financially for your loved ones to memorialize you. You will not have to worry and wonder about your final wishes and whether they were appropriate or up to your standards.
No probate, reimbursement or funds being held up by a funeral director. Access to funds is available immediately so there are zero out of pocket costs and the death benefit is tax-free if setup correctly.