Contact Us: ​(855) 963-6900
Lapeira & Associates LLC
  • Home
  • Quotes
    • Medicare Advantage Plan Quote
    • Life & Financial Quotes >
      • Life Insurance Quote
      • Annuity Quotes
      • Final Expense Insurance Quote
    • Obamacare Insurance Quote
  • Service
    • Policy Review
    • Update Contact Info
    • Policy Changes
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • FAQs
    • Agency Photo Gallery
    • News
  • Blog
  • Contact
  • Home
  • Quotes
    • Medicare Advantage Plan Quote
    • Life & Financial Quotes >
      • Life Insurance Quote
      • Annuity Quotes
      • Final Expense Insurance Quote
    • Obamacare Insurance Quote
  • Service
    • Policy Review
    • Update Contact Info
    • Policy Changes
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • FAQs
    • Agency Photo Gallery
    • News
  • Blog
  • Contact

Lapeira & Associates LLC Blog

How Does Final Expense Insurance Work?

7/11/2022

0 Comments

 
Picture
​A conversation regarding final expenses might be difficult to do. End-of-life costs may become a burden to your loved ones without a Final Expense Insurance.

According to The National Funeral Directors Association, funeral average costs have increased a thousand-fold since 1960. 

You'll learn more about this type of insurance and its benefits as you read along.
Final Expense Insurance
Also known as Burial Insurance or Funeral Insurance, Final Expense Insurance is insurance marketed specifically for death expenses.

Final Expense Insurance falls under the whole life insurance category, so beneficiaries can use it for any purpose they like - not just on final expenses. 

This insurance might prefer you financially for the following end-of-life expenses:
  • Medical bills
  • Rental feels for funeral homes.
  • Memorial Packages
  • Memorial Service costs
  • Transportation for burial
  • Caskets
  • Embalming costs
  • Reception
  • Cremation costs
  • Final send-off costs

Benefits of Final Expense Insurance
Final Expense Insurance is beneficial because it might provide cash for your loved ones to cover the costs associated with your death. Here are some of its benefits.
  1. This policy does not expire as long as premiums are paid on time. 
  2. It does not require any medical exam, so it's easier to qualify for this insurance.
  3. Final Expense Insurance might increase its value over time.
  4. It allows you to select your beneficiary.
  5. Final Expense Insurance is a flexible type of plan.
  6. In case of accidental death, this policy might give additional benefits.

Final Expense Insurance might also provide intangible benefits to you and your loved ones. 
  1. It eases the burden for your loved ones who are grieving.
  2. Your family will have immediate access to the funds, so no one will have to pay out of pocket.
  3. It provides peace of mind knowing that it will cover your funeral expenses. 

Conclusion
Illness and death are unpredictable. Therefore, it is important to be prepared financially when unfortunate events occur. With Final Expense Insurance, seniors will be at peace knowing that the benefits might already be enough to cover their funeral expenses.

At  Lapeira & Associates LLC, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (855) 963-6900. You can also request a free quote by CLICKING HERE. Any coverage discussed is not guaranteed. Contact us today to go over your specific needs and we are happy to help you find a policy that works for you and your budget!
0 Comments



Leave a Reply.

    Contact Us

    (855) 963-6900
    9956 Pines Blvd.
    Suite 2
    ​Pembroke Pines, FL 33024​
    Click Here to Email Us

    Archives

    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    November 2021

    Categories

    All
    ACA Health Plans Insurance
    FAQs
    Final Expense Insurance
    Financial
    Health Insurance
    Insurance
    Life Insurance
    Local
    Medicare Advantage Plans
    Medicare Supplement Insurance
    Obamacare Insurance
    Safety

    RSS Feed

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login
​Disclaimer

Connect With Us

Share This Page

Contact Us

Lapeira & Associates LLC
9956 Pines Blvd.
Suite 2
​Pembroke Pines, FL 33024
(855) 963-6900
​Click Here to Email Us
Review Us

Location

Davie, FL - Old Davie School 02.jpg by Jrozwado | CC-BY-SA-4.0 | Website by InsuranceSplash