
How does final expense life insurance work in Southaven, MS and Byhalia, MS?
A 65-year-old retired widow may not need to provide substantial funds after her death to support beneficiaries if her children are grown and her husband has passed. She may want to simply provide funds to ease the financial burden of her death.
Final expense insurance is a popular choice for older adults planning ahead for funeral costs and other end-of-life expenses. The lower coverage amounts create affordable premiums that can fit your budget, even in retirement.
The application process for final expense insurance involves a few health questions rather than a medical exam. Typically, applicants are between 50-80 years old – but this coverage is available at other ages. Many life insurance companies have a fast approval process for these policies and begin coverage in a matter of days.
Final expense insurance is a permanent life insurance product. This means it is in effect so long as you pay the premiums. After your death, your family will receive a lump sum cash payout equal to your coverage amount. They have the flexibility to use this for whatever end-of-life expenses they need to cover.
Final expense insurance is a popular choice for older adults planning ahead for funeral costs and other end-of-life expenses. The lower coverage amounts create affordable premiums that can fit your budget, even in retirement.
The application process for final expense insurance involves a few health questions rather than a medical exam. Typically, applicants are between 50-80 years old – but this coverage is available at other ages. Many life insurance companies have a fast approval process for these policies and begin coverage in a matter of days.
Final expense insurance is a permanent life insurance product. This means it is in effect so long as you pay the premiums. After your death, your family will receive a lump sum cash payout equal to your coverage amount. They have the flexibility to use this for whatever end-of-life expenses they need to cover.
- Easily apply by selecting your coverage amount and answering health questions
- Get permanent coverage with affordable payments
- Provide a lump sum cash payout to your beneficiaries to be used as needed