What is final expense life insurance?
While most people don't like to talk about end-of-life issues, it is important to plan for them. Expenses associated with death, such as caskets and embalming, can have a substantial financial impact on those you love. Final expense life insurance can help protect loved ones from having to pay these costs out of pocket.
Final expense life insurance policies.
Purchasing a final expense life insurance policy through Carolina Life & Health is easy, and your age and health may not affect your approval for coverage. We offer the following three policies:
Advantages of final expense life insurance policies. No waiting period for coverage to begin.No increase in premium due to age.
Compensation for an untimely death or dismemberment.
Losing a loved one is an extremely difficult experience. Picking up the pieces while dealing with the accompanying emotions can be stressful. There are also many expenses associated with death that can, on average, exceed $9,300.
Without a final expense life insurance policy, most families have a hard time coming up with these funds quickly. Final expense life insurance can save families from having to withdraw from their savings or sell precious assets to come up with the necessary funds required to bury a loved one.