life insurance and final expense plans

Life insurance provides financial protection for your family in the event of your passing.  Your beneficiaries will receive money to use as they see fit, ensuring security in a difficult time.

Any time is a good time, but these life events are especially important.

• If you were just married
• You bought a new home
• You're expecting a new baby

1. Term life insurance is an affordable coverage to meet your temporary needs. You'll receive a guaranteed death benefit for the term you choose, and your payments are guaranteed to remain level for the length of the term.
2. Whole life insurance gives you level premiums, strong guarantees, and valuable protection. It can also build cash value, which you can access through loans.

Burial insurance or final expense insurance is a basic life insurance policy that typically covers people until they reach the age 100. It is an easy insurance to obtain and often is issued guaranteed issue which means that the application will allow you to skip health questions and or undergo a medical 

Depending on the policy, burial insurance or final expense insurance helps your family cover the expenses of a funeral and potentially other outstanding expenses.

Besides a sense of comfort that a final expense insurance policy can offer, it offers never changing premiums and permanent coverage making it a wise decision for your future.

According to the 2021 National Funeral Directors Association (NFDA) Member General Price List Study, the median cost of a funeral has increased only 6.6% over the past five years to $7,848 and the median cost of a funeral with cremation has increased 11.3% over the past five years to $6,970.

Funeral costs can add up, especially if you consider

• Cremation or embalming 
• Funeral service
• Cemetery plot and headstone
• Cost of casket
• Funeral  procession

These costs can quickly add up quickly. The last thing you or your family needs is to worry about is if you will be able to cover the funeral expenses. That is why planning is so critical. 

Call today to learn about burial insurance or final expense insurance policy so your family doesn’t have to worry about it tomorrow.