Final expense is a type of life insurance that aims to help families with end-of-life expenses and other associated costs.
The cost of a final expense policy will vary depending on your situation and the insurance provider you purchase from. In general, most final expense policies don’t cost more than $100 a month.
Why purchase final expense?
A final expense policy can provide you with the peace of mind that comes from proactively providing financial relief for your family. If you have specific desires for your funeral or are anticipating certain kinds of debt, this type of life insurance policy can ensure those things are taken care of.
Your personal situation, including health and age, could impact the price of your policy. Before enrolling in an insurance plan, make sure you’re aware of all the options and have made the necessary comparisons.