Your state of health has a significant impact on your life insurance cost. The most common question people ask when seeking final expense insurance is “How much will it cost?” Before we can answer that question we need a starting point. We must determine the general class for which youContinue Reading
Final Expense Insurance can be as simple or complicated as you want. Let’s start with simple and make it as easy as 1 – 2 – 3 1 DEATH BENEFIT The first thing you must decide is how much insurance you need. Consider your final wishes. Do you prefer cremationContinue Reading
1935 LUMP SUM DEATH BENEFIT: $96.93 The Lump Sum Death Benefit, or LSDB, makes its way all the way back to the original Social Security legislation of 1935. In 1935 Social Security did not pay out any survivor benefits, so if your spouse died, any payments going to the deceasedContinue Reading
Unlike other types of life insurance, almost anyone can qualify for final expense life insurance. Since the death benefit is generally lower than other types of life insurance, the requirements are not as strict for final expense and in almost all cases a health exam is not required. This mayContinue Reading
Final expense insurance can be an important part of after-life planning for families. Burial costs continue to increase and a final expense insurance policy can help ensure most or all of the funeral and burial costs are met. This will ease the burden for surviving family members of having toContinue Reading