Preparing For Final Expenses
Loans, credit card debt, estate costs, the funeral… most people leave behind unpaid expenses when they die, expenses that, if left unattended, burden their families tremendously. Final expense coverage is life insurance that pays off these debts, ensuring that everything will be taken care of if you pass.
Help Ease The Financial Burden
- A funeral is the third largest family expense.
- On average, a funeral can cost $10,000 or more.
- Social Security benefits pay only $255 to qualified dependents.
- The majority of U. S. health care costs rise in the final phase of life, when living with eventually fatal chronic illnesses which have the most intense costs associated with the treatments.
