Life Insurance Final Expenses
Life Insurance &
You Stay Covered – Your Family Stays Protected
Term Life Insurance
Provides coverage for a set “term” or period, 10, 15, 20 years, etc. This is the more affordable option perfect for those customers who have a limited budget. It is also a preferred option for those who need it only for a specified period, like the length of a mortgage loan. If the need for coverage changes, this can always be converted to a permanent option.
Permanent Life Insurance
Permanent Life Insurance provides permanent coverage and offers flexibility in premium payments. You can choose to pay monthly, quarterly, semi-annually or annually. Whole Life is a great option for those selecting their insurance options for the first time or for new families. Offers Fixed Premiums and accumulates a cash value that you can borrow against. Universal Life is a bit more flexible, allowing you to make changes to your premiums and death benefit over time.
Planning for any situation also comes with the many expenses associated with memorial costs, burial plots, etc. Be ready for these costs and allow your family the peace of mind. Final Expense coverage can be a more affordable form of life insurance of equal importance.