What is Final Expense Insurance?
Final Expense Insurance is designed to cover the bills that your loved ones will face after your death. Expenses associated with death such as caskets and embalming, can have a substantial impact on those you love. This is why it is very important to obtain final expenses insurance.
Is final expense insurance expensive?
Final Expense Insurance depends on your age. The older you are, the higher your premiums will be. This is because the insurance company takes on more risk when insuring older people, given the fact that they’re statistically closer to death (More Information). If you buy final insurance when you’re 35, you’ll pay less each month than if you wait until you’re 65.