YOUR FINAL EXPENSES COVERAGE – AN EXPRESSION OF YOUR LOVE FOR YOUR FAMILY
What is Final Expense Coverage?
It is a death benefit that is meant to cover your burial expenses when you are no more.
Why Do You Need Final Expense Coverage?
- Final Expense is important because cost of burial is very expenses and may cost up to $10,000 or more. So, you want to prepare ahead of time.
- If you don’t have Final Expense Coverage, your family may have to use GO-FUND-ME to fund your burial and this might bring shame to the family.
- Your final expense coverage will give your family peace of mind when you are gone, so, they will not have to run into debt funding your burial
- Even if you have money in your account, it will not be accessible immediate for your burial as your account will be frozen once you are no more.
- It helps your family grief you peacefully.
- Some final expense coverage comes with free legal documentations to help you prepare your WILL, Power Of Attorney and Health Care Directives. This will help save a lot of money from engaging services lawyer for your WILL etc.
- Even if you have some form of life insurance, it might take a while for money to be processed. But Final expense coverage is paid out within short period after you are gone. So, it is readily available for your family.
Who Needs Final Expense Coverage
- Everyone needs it.
- Irrespective of the type of insurance you have, you need final expense coverage for peace of mind
- Final expense coverage is affordable. The younger you are the cheapest it is.
When Should You Set Up Final Expense Coverage?
- As soon as possible irrespective of your age. Ones you can earn money to pay your premium
- The younger you are, the cheaper it cost.
- The healthier you are, the cheaper it cost.
- Unexpected happens to anyone. Man does not know its time. So, we don’t want to take chances. Get it immediately!
Email for more information and premium quotation.
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Grace Ogunrinde
Retirement Blog
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