Final Expenses Policy FAQ
What is a Final Expenses policy?
Like it sounds, Final Expenses is a life insurance policy that pays for funeral and related expenses.
Why have a policy like this?
Because it relieves your family from having to write a check for $5,000.00 to $20,000.00.
I already have life insurance.
This is different. Life insurance is for legacies and longer terms goals. They take longer to pay. Final Expenses Policies pay quickly to get the immediate expenses paid.
Should I get a TERM or WHOLE LIFE FE Policy?
Always get a whole life policy for final expense. You don't want the coverage to stop.
How do I know if I have a whole life policy?
Read it over carefully. Many prominent companies that advertise on television have term policies.
What should I do if I have term?
Call me, let's review the policy.