Final Expense Life Insurance
Is Buying Final Expense Life Insurance Worth It?
Life insurance death benefits are an efficient way to provide the money needed to cover your final expenses.Ā
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Contact a Life Insurance Specialist at Decision Tree Financial
If you do not have the money set aside to pay for funeral costs or pay off outstanding debts and medical expenses, a final expense life insurance policy may be the solution.
Final expense policies are permanent life insurance issued to individuals typically over the age of 60 and these policies have face values from $2,500 to $50,000. A final expense policy allows the policy owner to take an income stream, such as income from Social Security or a pension, and create a lump sum of cash at the time of the insureds death to pay final expenses. Final expense life insurance may also accumulate cash value which can be used while the insured is still alive as well. A final expense policy is not necessary for everyone. Many people can plan to pay for their final expenses by allocating money they already have. Working with a professional insurance advisor can help you make the best decision regarding your final expense plan.
Why You Can Trust Decision Tree Financial to Buy Your Final Expense Life Insurance Policy
You can be confident knowing that when you chose to hire Decision Tree Financial for your insurance needs, we are going to look at the most cost-effective solution to accomplish your goals. If buying a final expense life insurance policy is the best solution, Decision Tree Financial will find the best policy for you from one of the many life insurance carriers we represent.
