Final expense insurance is a type of life insurance policy that is designed to help cover the costs associated with end-of-life expenses, such as funeral and burial expenses, medical bills, and other final expenses.
When you purchase a final expense insurance policy, you pay a monthly or annual premium to the insurance company. In exchange, the insurance company agrees to pay a lump-sum death benefit to your beneficiaries upon your death, which they can use to cover your final expenses.
The amount of the death benefit will depend on the coverage amount you choose when you purchase the policy. Typically, final expense insurance policies have lower death benefit amounts than traditional life insurance policies, with coverage amounts ranging from $2,000 to $50,000.
Final expense insurance policies are typically easier to qualify for than traditional life insurance policies, as they typically require no medical underwriting.
Overall, final expense insurance can provide peace of mind to both you and your loved ones by ensuring that your final expenses are covered and your loved ones are not burdened with the financial costs of your passing.
Funeral homes are prohibited by State Law from offering final expense insurance to their customers. They will often refer customers to http://www.finalexpenseflorida.com for assistance in obtaining State regulated coverage for consumers who would benefit from low cost funeral insurance. Final Expense Florida is owned by a licensed, independent insurance agent who works with A-rated insurance carriers to secure Florida regulated final expense insurance to customers regardless of age, health history, or income levels. We’re not affiliated with any individual funeral home, and we work with a variety of AM Best A-Rated insurers all of whom are authorized to offer Final Expense Policies across the State of Florida.
If you are a business or consumer in need of Final Expense Insurance information, please fill out the contact form at http://www.finalexpenseflorida.com and one of our Florida licensed Final Expense agents will schedule a no-obligation appointment to talk about Final Expense coverage. You can also call us at (813)330-0305 to schedule an in-person or phone appointment in Pinellas, Pasco or Hillsborough Counties.