Five Reasons You Need Final Expense Insurance

Do you know what happens after you die?

Of course, none of us do, though many of us have our beliefs. For example, some believe we go to heaven, others believe we’re reincarnated, while yet others believe we simply return to dust.

However, one thing is undeniable: after we’ve passed away, there are matters in this life that still need to be finalized. Whether we leave an expansive estate or deep debts behind, the daunting task of wrapping up our financial matters will fall to our loved ones.

And that’s where final life expense insurance comes in.

What Is It?

Final life expense insurance offers coverage for all of those expenses that your spouse and other family members are faced with after you’re gone. Just think about it: who will pay for any outstanding medical bills? What about legal costs? And what happens if your son or daughter has to fly in from another state to take care of things?

In short, unless you’ve planned ahead, you might leave a complicated and potentially devastating financial situation behind for your loved ones. And since they’re already grieving over losing you, the last thing they need is an overwhelming list of monetary issues to deal with.

Five Reasons to Purchase Final Life Expense Coverage

This type of optional coverage is a guaranteed death benefit that provides your loved ones with a financial buffer to wrap up your affairs. If you’re between the ages of 45 and 75, most insurance companies can’t turn you down, even if you have a chronic condition such as asthma or heart problems. But there’s more:

  • Travel expenses: If your family members need to fly in from another state to attend your funeral and take care of your financials, this coverage can help pay for their expenses.
  • Medical bills: Whether it’s the cost of a hospital stay, ambulance services or hospice care, this coverage can help pay for any outstanding bills.
  • Legal costs: Your will needs to be executed and any property you leave must be transferred into your heirs’ names. Legal costs can be steep, so final life expense insurance kicks in to help pay those costs.
  • Credit card debt: If you have credit card debt, your coverage can help pay it off.
  • Additional policy options: Many insurers offer options such as dividend payouts and deferred tax payments over the accumulated sum.

Take Care of Your Loved Ones

If you want to take care of your loved ones after you’re gone, purchasing final life expense insurance will give you peace of mind that they won’t be faced with huge bills in your name.

So how can you find the right policy for you? The answer is easy: just contact Liberty Financial Group. We represent the top insurers in the nation, and we help you find the one that works best for you. With a single click, you can request our expert assistance in helping you find the carrier that offers you the best policy for your situation.

Straightforward freedom of choice: that’s Liberty Financial Group. Why wait? Simply contact us today!