Final Expense
Final Expense Life Insurance, or Burial Insurance, is designed to facilitate older adults plan for end-of-life expenses like funeral costs and medical care.
Unfortunately, even a bare-bones funeral can cost anywhere from $10,000-$12,000, excluding other end-of-life expenses such as medical bills. These can end up falling on the shoulders of your family members and cause a financial burden.
That’s where a Burial or Final Expense Insurance comes in. If you’re looking for a life insurance plan that can cover the cost of your funeral arrangements and death, final expense insurance may be the right option for you.
Why should you choose final expense insurance?
From medical bills to burial costs, the days after a death can be a demanding time for your loved ones. For people 50-85 looking to decrease that strain and help ensure your family and friends don’t have out-of-pocket expenses for outstanding debt, funeral costs, and end-of-life care, Final Expense Coverage from SBHS can be the key for of the family’s financial protection.
Final Expense insurance can help prepare your loved ones financially for your loss while creating the cash value you can utilize during your lifetime. It can help them deal with grief, rather than worry about funeral expenses.
Some advantages of final expense insurance include:
No medical exam: Final expense applications don’t require any medical examination and you may not even need to respond to health questions.
Lower premiums: Final expense life insurance prices start at just $20 per month*, with coverage amount ranging from $5,000 to $35,000.
Payment flexibility: You get the choice to pay your premium on a monthly or annual basis.
Fast approvals: Final expense applications are easy and fast. This helps reduce approval times, so you will be insured right away.
Find a policy that works for you!
At SBHS, we offer a range of affordable life insurance plans to choose from based on your financial responsibilities and situation. We offer guaranteed Final Expense Insurance premiums so the costs don’t go up over time, which can help with managing your limited finances.
Our Final Expense Insurance Plans will last the rest of your life, as long as the payments are timely, which will help in building cash value for your expenses. Make sure to let your loved ones know about the Insurance policy, so they can easily access it when the time comes. After your demise, they will receive a lump sum cash payment equal to your coverage amount.
The sooner you purchase the Final Expense Insurance policy, the better. Because premiums are based on age, you’ll want to get the lowest rate you can. Get your coverage today and ensure that your family won’t suffer the financial strain of bearing your final expenses.
