What Is Final Expense Insurance?
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What Is Final Expense Insurance?
Final Expense Insurance is a type of whole life insurance policy that provides your family the funds needed to pay off bills and expenses once you have passed. Whole life insurance will provide a death benefit for your family. This type of life insurance also features a savings component where cash value may accumulate. You can use the cash value accumulated in your burial insurance policy to pay premiums, borrow at a lower rate than banks, build an investment portfolio, and supplement your retirement income.
Some benefits of whole life insurance include:
- Guaranteed level premium that won’t increase over time
- Guaranteed cash value
- Guaranteed death benefit that won’t ever decrease
Final expense coverage insurance is affordable, which is why it’s the most reasonable – even for those with health problems. Applying for whole life insurance is quick and easy, and you don’t even need to undergo a medical examination as you would for other insurance policies. Those interested in final expense insurance would need to simply answer questions on an application and your Buckalew Financial Services agent will handle the rest!
Final expense insurance also guarantees level premiums that won’t increase over time, a guaranteed cash value, and a guaranteed death benefit that won’t ever decrease. Your loved ones will be financially taken care of when you are no longer there to provide for them with a final expenses insurance policy, giving you peace of mind.
In conclusion, burial insurance is an affordable and easy-to-obtain option that provides financial protection for your loved ones in case of your passing. Buckalew Financial Services can help you find the right policy that fits your budget and needs. Contact us today to learn more and get a free quote.
Call today and get help from one of our agents at Buckalew Financial.
