What are the Benefits of Final Expense Insurance?

If you have substantial savings, investments and regular life insurance; you may still want final expense insurance. A final settlement can sometimes take months. The money might not be available in time which leaves loved ones in a financial bind paying for funeral and related expenses.

You may want to consider final expense insurance to guarantee that your family has what it needs to pay bills associated with your passing as it could give your family quick access to thousands of needed dollars at a difficult time.

The benefits of having insurance is:

• Plans are affordable.
• Easy to qualify, just answer a few questions. No medical exam is needed.
• Premiums never increase.
• Beneficiaries can use the death benefits for any purpose.
• Death benefit is not taxable.
• Even if you have poor health, you can still get benefits.
• Death benefit can’t decrease unless it’s borrowed against for cash value or request accelerated benefits during your lifetime.
• As long as the premiums are paid, death benefits are guaranteed.

Final expense insurance can help provide a payout to your loved ones after your death. The funds from it can be used to help meet obligations in any way the beneficiary chooses.

The costs of funerals are growing and can be high. A hospital may send a large unexpected bill. If you don’t have money for these payments and other associated expenses. Final expense insurance could be a benefit to you and your family.

Want to know more about final expense insurance? Call Advanced Insurance Concepts today and Jim Rooney will work with you to find the answer. Advanced Insurance Concepts works with a variety of insurance companies and all Medicare Advantage providers in Missouri and Kansas. He is licensed to sell Health, Life and Accident Insurance, so call Jim Rooney for all your insurance needs.