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
Many forms of insurance have restrictive policies. Learn how you can still obtain a final expense insurance policy. When you or a loved one suffer from dementia or Alzheimer’s, you might think that having a final expense insurance policy issued to you is impossible. With average funeral costs around $10,000,Continue 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