Final Expense Life Insurance is designed for anyone age 50-85 that would like to ensure all their final expenses are covered at the time of their passing.
Typically a final expense policy will start as low as $2,500 in coverage with a maximum amount of $35,000. Final expense is only sold as a whole life product which ensures your family will receive the proceeds regardless of when the insured was to pass away.
Once the coverage has been initiated the insured will need to simply keep the policy in force by keeping with their monthly or annual payments to ensure their beneficiary’s receive these funds.