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Final expense insurance offers peace of mind to those who are looking to have their final expenses taken care of, no matter the final cost.

With the rising cost associated with funerals, it is a responsible choice to consider final expense insurance. A large chunk of the expenses for a funeral may be covered by final expense insurance, thereby saving family members from having to face the financial burden. This is especially relevant if the family has already expressed a desire to honor the deceased with a certain type of burial or ceremony.

Another positive of final expense insurance is its ability to cover additional costs that may come up. All funerals come with the costs of a casket, transportation and service fees. But these are just the basics. Final expense insurance may also cover the cost of flowers, headstones, obituaries and other necessary expenditures before or after the funeral.

At the time of application, the policyholder can assign a beneficiary or beneficiaries to their policy. This means that a policyholder may provide for those that would have been dependent on them upon their passing. A final expense insurance policy may also provide the surviving spouse the necessary funds to pay for mortgages, loans, and other debts left unpaid after the policyholder’s passing.

Finally, it is important to note that final expense insurance is available for individuals at all stages of life. Even individuals with pre-existing medical conditions can qualify (although terms may be offered at a higher rate). Final expense insurance is also relatively quick and easy to apply for and can provide the policyholder with low to no cost premiums.

Overall, final expense insurance offers a great option to those looking for ways to cover the cost of their burial. With its ability to cover additional costs and provide financial relief to the family, final expense insurance is a beneficial investment that provides peace of mind.