Additional Information
Final Expense Coverage.
The average funeral can exceed $12,000- $15,000 today. A Final Expense Policy is designed to cover the costs your loved ones will face in the event of your death, but there are no restrictions on how the payout can be used. Your beneficiaries might choose to use your burial insurance payout for:
- Funeral arrangements, including viewing and service
- Burial costs, including interment
- Cremation costs
- Medical bills
- Outstanding debt
- Legal costs
Given the lower coverage amount, there may not be much, or any, of your death benefit left after your beneficiaries have used it to pay your end-of-life expenses. If you wish to leave behind a more substantial sum, you may want to consider a policy that can hold more significant value.
Call Harold today and let us design a plan tailored to your needs.
