Final Expense Life Insurance at Life

Final Expense Life Insurance. Final expense life insurance 👪 oct 2021. No expiration if premiums are paid

Even without a plot and headstone, the average funeral costs more than $8,000. Final expense life insurance, or burial coverage as it is commonly known, is life insurance coverage purchased for the purpose of paying a person’s final expenses and other obligations. Most final expense plans have these features:

Final expense insurance is also called “funeral insurance,” “ burial insurance ,” “simplified issue whole life insurance,” or “modified whole life insurance.”. Life insurance from state farm life insurance company (not licensed in ma, ny or wi) or state farm life and accident assurance company (licensed in ny and wi) can be the foundation of a family's financial protection, and one kind of whole life policy is final expense insurance. At a time when loved ones are mourning, they’re also in. Technically, final expense insurance is a whole life insurance policy specifically marketed to cover the expenses associated with a funeral, memorial service, reception, cremation and/or burial.