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What Does a Senior Life Insurance Policy Cover?
Senior Life Insurance Coverage, or a “Final Expense” policy, provides you with peace of mind knowing your loved ones will not be burdened by the costs of your final expenses. Here are some of the important financial obligations this type of plan will cover for your spouse, children and/or grandchildren:
01.
Funeral, Burial and/or Cremation
The National Funeral Directors Association calculates the average burial and funeral costs in the US at over $8,500, and cremation costs over $6,000.
02.
Medical Bills
Unfortunately Medical Bills can begin to pile up if someone is sick and does not have adequate coverage for medical, hospital, and long-term care costs. Guaranteed Issue coverage will ensure these costs are taken care of, and best of all, with no medical exam or health questions to get approved for coverage.
03
Mortgage Protection
This type of Life Insurance can help pay your mortgage payments, helping your loved ones avoid the risk of foreclosure or selling the house for less than it is worth.
04.
Debts
Final Expense Coverage can alleviate accumulated debts from things like Credit Cards and Car Loans.
As you can clearly see, there are many benefits to a Senior Life Insurance Policy. Give us a call now or fill out our simple form to find out how much you can save on your coverage today. It’s fast, free, and there’s no obligation whatsoever. Your peace of mind is a click or call away!
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Purchasing Final Expense Insurance is a complex financial decision and can be rather complicated.
Coverage needs can vary greatly between individuals and families, as can their options in Final Expense.
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