Final Expense

Prepare for the unexpected while leaving a legacy for your loved ones.

As the name suggests, final expense life insurance is a type of life insurance coverage that helps pay for end-of-life expenses. This can include funeral costs, unpaid medical bills, and outstanding debts.

Estate Settlement Costs

If you have any outstanding debts or final taxes owed, final expense insurance can help cover these costs.

Funeral Costs

This can include everything from the funeral service itself to the cost of a casket or urn.

Outstanding Medical Bills

If you have any unpaid medical bills from treatments received prior to your death, final expense insurance can help cover these costs.

Help take the financial burden off your loved ones.

When someone asks “what is final expense life insurance,” they are usually referring to a type of whole life insurance that is specifically designed to cover end-of-life costs. This can include funeral and burial expenses, as well as any outstanding medical bills or debts that the deceased may have left behind.

Final expense life insurance policies are typically smaller in coverage amount than traditional life insurance policies. This makes them more affordable for people on a fixed income, such as seniors.

Final expense life insurance policies are typically smaller in coverage amount than traditional whole life policies, since they are only meant to cover specific expenses related to death. The premiums for these policies are also generally lower than those for traditional whole life policies, making them more affordable for people on a budget.

Final expense life insurance can be a valuable tool to help your loved ones cover your end-of-life expenses. It is important to compare different policies and coverage amounts to find the right fit for you and your family

If you are wondering whether or not final expense life insurance is right for you, it is important to speak with a qualified financial advisor who can help you understand your options and make the best decision for your unique situation.

Benefits of final expense insurance

Easing the burden on your loved ones

Final expenses can be a financial burden on your loved ones during an already difficult time. Final expense insurance can help relieve this burden by pre-paying for your funeral costs.

Quick approval process

Many final expense policies can be approved within days, giving you peace of mind knowing that your final expenses are taken care of.

No medical exams required

Most final expense life insurance policies do not require a medical exam, making them easy to qualify for.

Affordable premiums

Final expense life insurance generally has lower coverage amounts and premiums than traditional life insurance policies, making it more affordable for those with limited incomes.

If you’re considering final expense insurance, be sure to compare quotes and policy options from multiple providers to find the best coverage for your needs. Complete a few simple steps with SSTX Financial and we’ll get you on your way to coverage in no time!