If you are anticipating end-of-life costs, debt or have specific funeral plans, final expense could be right for you.
Do I need final expense?
Final expense is a relatively inexpensive type of life insurance policy that can cover some of the costs associated with end-of-life. Funerals are one of the biggest areas of coverage, as well as credit card debt and car loans.
Many people don’t realize the cost of funerals and may be shocked to find they average about $9,000. If you don’t want your family to pay that price out-of-pocket, a final expense policy may be the right option for you.