Final expense life insurance is a type of whole life insurance that provides your family with a benefit at time of death to help cover end-of-life expenses.
According to the National Funeral Directors Association, the median cost of an adult funeral with burial and viewing in 2017 was $8,7551. And if death is preceded by illness, medical bills can stack up on top of that. Final expense life insurance can help your family cover those bills, so it’s a good idea to have at least enough coverage for end-of-life expenses.
Possibly! If you have life insurance through your employer, it may not go with you if you switch jobs or retire. Plus—1 out of 5 individuals with life insurance say they don’t have enough2. Final expense life insurance can help you avoid any coverage gaps. And since benefits are paid out quickly, your family can use the funds to help them cover costs immediately while they wait on your current policy to pay out.
Nope. The benefit funds from your policy can be used however your family wishes. There are no restrictions whatsoever.
The cost of life insurance is different for each person, depending on the person's age and health, how much coverage he/she needs, and any potential risk factors. The best way to get an estimate of the cost is to get your free, no-obligation quote.
The best way to secure the lowest rate is to apply now. Age is the number one factor in determining your rate, so getting covered before your next birthday can be a smart move.
At Final Wishes Covered, we’ll always work to connect you with a plan that best meets your needs and budget.
Even the cost of cremation can add up quickly. In fact, the National Funeral Directors Association reported that the median cost of an adult funeral with cremation and viewing in 2017 was $6,2603.
Final Wishes Covered offered three types of coverage options. So even if you prefer a simple cremation or memorial, we can help you find an option that meets your wishes.
Start your application online, and one of our in-house, non-commissioned agents will give you a call to finish your application. Or you can call us directly at 888-432-7066 to submit your application over the phone.
Final Wishes Covered offers three defined types of coverage options: Simple Ceremony, Traditional Ceremony, and Distinguished Ceremony. Our coverage options range from $5,000-$30,000 in coverage. We also give you the flexibility to customize your own option with the help of one of our non-commissioned agents.
Your policy is active and in force once your policy is approved and the first payment is processed.
It’s up to you! We give you the flexibility to choose the payment frequency that works best for you. You can choose to pay your life insurance premium monthly, quarterly, semi-annually, or annually.
Nope. As part of your application, you will only need to answer some simple health questions.
With Final Wishes Covered, once your rate is set, it’s guaranteed for the life of the policy as long as you make your scheduled payments. If you do not make your scheduled payments, your policy will lapse, and you will have to requalify to obtain a new policy. And your premiums could be higher with a new policy. That’s why acting now is so important!
Nope! Final Wishes Covered agents are paid hourly and don’t earn commission. This way, you can feel confident that you’re getting informed advice without the pressure to buy.
Not at all. As long as you’ve made your scheduled payments, your beneficiary(ies) will receive the benefit funds, and there are no restrictions on how they can use the money.
Of course! You can make changes by calling us at 888-432-7066.
Your family can start the benefit claim process by calling us at 888-432-7066. One of our agents can walk them through their next steps.
Benefit funds are typically paid out within a few days of all of the required documents having been received.