While most people don’t like to talk about end-of-life issues, it is important to plan for them. As of 2023, the average funeral cost was $8,300. In most cases, a basic funeral service will include a memorial, death certificates for the deceased, and housing the remains. In addition to those costs, there are also charges involved for goods and services. Depending on the choices made the additional costs can continue to add up, this is where final expense insurance comes in.
A final expense life insurance plan can help protect loved ones from having to pay these costs out of pocket. Whether the plan will cover all end of life costs or even just a large sum, any amount of financial assistance will support your family and loved ones. For more information on this type of insurance plan, reach out to our experienced team.
There is a wide variety of life insurance plans available on the market. Here is a quick run-down of the most common plans and what they can provide.
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