Frequently Asked Questions

Final expense insurance is guaranteed money available to your family to help pay for your end-of-life expenses when you pass away. This money can be used to cover the cost of home services, preparation fees, credit card debt, medical bills, or any other debt you may have. It can also be used as burial insurance to cover the costs of expenses such as cremation, burial, headstones, plots, flowers, wreaths and more.

Final expense or burial insurance plans are often more affordable than traditional life insurance. Your premium will depend on the amount of coverage you want as well as your health. And unlike some types of insurance, your premium never increases.

You do not need a medical exam to purchase some types of final expense insurance. In fact, burial insurance is a smart choice for those with a pre-existing health condition or serious illness as it’s easier to qualify for than traditional life insurance.

In some cases, you may need to complete a health questionnaire, but this is to help you decide the amount and cost of your burial insurance.

No. Your insurance premium remains the same regardless of your age or changes in your health. Premiums are based on the coverage you choose.

Anyone who wants to ease the financial burden for their loved ones in the event of a passing should consider final expense insurance. It’s the final gift that you can leave to the most important people in your life. Burial insurance is also a great choice for aging or ill individuals.

How much insurance you need depends on how much financial security you want to provide your family. The average funeral costs around $10,000, but can easily cost more. We can help you estimate the amount of coverage you need to ensure you don’t pass on final expenses to those you care about most.

The first step to buying final expense insurance is to get a free, unbiased quote. Answer a few short questions online to quickly find out how much burial insurance you may need and which burial insurance companies can offer you the best rates.

No. Your beneficiaries can use your coverage to ease the burden of bills as well as your final expenses. Be sure to talk with your beneficiaries about the intent of your burial insurance.

Term life insurance is one of the most common types of life insurance, as it’s an easy way to protect your family’s financial security if something were to happen to you. Term length options typically range from 10 years to 30 years, but our licensed insurance agents can make sure you find coverage that fits both your needs and budget.

Term life insurance typically covers the cost of end-of-life expenses in addition to any expenses your family might still be expected to pay once you’re gone, including the mortgage, utilities, college tuition, outstanding debts, etc.

The cost of life insurance depends on the amount of financial security you want to leave to your beneficiaries. Life insurance can help replace income, cover mortgage payments or a child’s tuition, so it’s important to consider all of your expenses when determining coverage.

Most insurance companies require a brief medical exam to obtain term life insurance. However, the exam is at no cost to you and takes place at your home or office when it‘s convenient for you—it usually takes less than 20 minutes. If a medical exam is a concern to you, there are options for coverage that don’t require an exam Learn more about no medical exam life insurance.

Typically, it takes 4-7 weeks after your application is submitted to get the policy in your hands.

Since traditional life insurance replaces lost income if something happens to you, the proceeds from your policy should be enough to cover immediate expenses as well as to provide continuous income for your beneficiaries.

Most financial planners recommend coverage 10 times your annual income. Since individual needs vary, though, we recommend that you speak to one of our licensed insurance agents to determine what might be the right option for you.

If you pass away while your life insurance policy is still active, your beneficiaries will receive a tax-free lump sum called the death benefit, which can be paid out all at once or over the course of their lifetime.

Life insurance is a great way to provide for your family and loved ones following your passing. While beneficiaries can use life insurance to pay for your final expenses, life insurance is often used to replace future income, cover children’s education expenses or pay off debt. Burial insurance is a type of life insurance but typically costs less and does not require a medical exam.

A beneficiary is the trusted individual or individuals who you choose to manage your final expense benefit after your death. Your beneficiary can be a family member, a friend or someone you depend on.