Final Expense Insurance
Final Expense Insurance In Northwest Phoenix, AZ, As Well As Surrounding Areas
What is final expense insurance?
Final expense insurance is a slightly less blunt term for burial or funeral insurance, plans that can be sold to those who wish to ensure that financial loose ends have been tied up before the end of their lives.
Burial insurance companies often market to seniors to try and persuade them to avoid leaving loved ones with large expenses once they have gone. Burial insurance quotes are easy to come by for those who are interested in purchasing such policies, and the more affordable policies merely require that a medical questionnaire be completed, and that the customer is not already terminally ill.
However, there are some policies that anyone, including those who are very sick, that can still be purchased. These policies guarantee acceptance, will not ask medical questions and can usually be completed either over the telephone or online.
These guaranteed policies do not pay out death benefits to beneficiaries for the first few years of the policy, but if the customer does die during this period their beneficiaries will be able to get back the premiums paid by their loved ones, as well as interest.
Final expense life insurance for seniors is appealing to both emotional and practical needs, particularly for those who do not want to have their families left struggling to settle their bills and pay for their funerals after they have died. A final expense agent will be able to provide small policies for those too old or ill to be eligible for the less expensive or larger policies.