SERVICES
Final Expenses and Funeral Plans
FINAL EXPENSES INSURANCE is a whole life insurance policy that has a small death benefit and is easier to approve and its face value (death benefit) is $ 2,000 to $ 50,000.
You have a death benefit designed to cover expenses such as a funeral or memorial service, embalming, and a casket or cremation. However, beneficiaries can use the death benefit for any purpose, from paying property taxes to taking vacations.
As with any type of life insurance, final expense insurance premiums depend on your age and health; where allowed by state law, they may also depend on your gender.
Policies can go as high as $ 50,000 as long as you are under age 55, but only go up to $ 25,000 once you turn 76.
You have a death benefit designed to cover expenses such as a funeral or memorial service, embalming, and a casket or cremation. However, beneficiaries can use the death benefit for any purpose, from paying property taxes to taking vacations.
As with any type of life insurance, final expense insurance premiums depend on your age and health; where allowed by state law, they may also depend on your gender.
Policies can go as high as $ 50,000 as long as you are under age 55, but only go up to $ 25,000 once you turn 76.
FUNERAL ASSISTANCE PLAN isn’t as much a product as it is a preparation strategy. Funeral assistance plans do not pay money to family members but provide funeral services (body preparation, local or international transfer, cremation and / or burial) to plan members. In summary, they are in charge of all the logistics associated with the funeral services established in the affiliates’ country of residence at the time of death.
