The Importance of Final Expense Insurance
When you pass away, grieving loved ones will already be dealing with a great loss. Don’t let that sensitive period of time become a greater hardship with concerns about paying for accumulating bills. According to the National Funeral Directors Association, the median cost of a funeral is $7,045, which for some families could be a burden, jeopardizing a child’s education fund or a partner’s retirement savings.
At Pathway Insurance, we search for the best Burial Insurance policy, or Final Expense Insurance policy. One of the easier policies to arrange, with no medical exam, Final Expense Insurance often costs less and is easier to quality for than a Whole Life Insurance policy, carries guaranteed cash value and does not expire like a Term Life policy.
Final Expense Insurance is written for a specific purpose—to cover funeral costs and short-term debts a loved one leaves behind. It allows you to customize a funeral plan, detailing your final wishes, while also giving your family the flexibility to decide how best to use the policy at the time of your passing. These immediate concerns might be outstanding credit card debt, legal costs and medical bills.
The passing of a loved one is a time to celebrate moments from the past, not worry about the future. Please contact us today, to get an easy solution for funeral, burial and final expenses.