Sentences with phrase «cover the cost of funeral expenses»

If you're single and have no co-signers on your debt you still might want to take out a small policy to cover the cost of funeral expenses.
The purpose of the death benefit will be to cover the costs of the funeral expenses, but also to provide financial support to the family after passing.
Burial insurance is really important that is directed at covering the cost of funeral expenses.
When they receive the payment, it can be used to cover the cost of funeral expenses, unpaid loans or debts such as credit cards or medical bills and any other related costs.
In this situation, the goal is not to replace income, since the child doesn't have any, but rather to cover the cost of funeral expenses if the child dies.
The policy amount is to cover the costs of funeral expenses, up to $ 15,000 per person, so the policy value can less than regular life insurance coverage.

Not exact matches

Final expense insurance is a type of life insurance that is designed to cover funeral costs and other end - of - life expenses, though the death benefit technically can be used for any purpose.
A whole life insurance policy can be used to cover a wide range of expenses, from funeral and burial costs to your child's education.
A basic life insurance policy provides death benefits and is designed to cover loss of income, end - of - life expenses, funeral costs and other financial requirements your loved ones may have should you die unexpectedly.
Yes, a life insurance payout can be used to cover funeral and burial costs, medical bills and other end - of - life expenses.
Funeral Advantage is essentially a whole life insurance policy designed to cover a limited set of costs associated with your passing, and is also referred to as final expense insurance.
In addition to covering the policyholder's funeral and burial costs, whole life insurance policies can be used to cover a wide range of other expenses, including:
If you simply want to cover your end - of - life expenses and funeral costs so that your family is not burdened by these expenditures, you might want to buy a small term life policy, such as $ 10,000 to $ 20,000 worth of coverage.
Funeral expense insurance can be used to pay for the cost of the funeral alone, or it can cover additional final expenses such as outstanding medical bills, legal costs, or any other debts that you owe, such as credit cardFuneral expense insurance can be used to pay for the cost of the funeral alone, or it can cover additional final expenses such as outstanding medical bills, legal costs, or any other debts that you owe, such as credit cardfuneral alone, or it can cover additional final expenses such as outstanding medical bills, legal costs, or any other debts that you owe, such as credit card bills.
Given the average cost of a funeral is around $ 10,000, these policies can be incredibly valuable if your family doesn't have an established emergency fund, or would be put in a difficult financial situation trying to cover burial expenses.
Final expense insurance is an alternative form of end of life insurance that helps your family cover the cost of funeral and memorial arrangements.
Final expense life insurance can be used to cover medical costs and other end - of - life expenses, including funeral and burial costs.
A type of permanent life insurance designed to cover the expenses related to the death of the insured, such as funeral costs, medical expenses or legal fees.
This important whole life insurance policy is typically purchased to cover the cost of a funeral and burial and, sometimes, other expenses that must be paid to close an estate, such as credit cards and other types of small loans or bills.
There are specific policies or riders designed to cover the cost of a funeral or pay for burial expenses.
Burial insurance is a type of funeral expense life insurance policy designed to cover the cost of your funeral or cremation expenses when you die.
Accident benefits: No matter who caused the accident, accident benefits will typically cover the cost of medical treatment, income replacement, death and funeral expenses as well as other things.
You may also want to add some extra money for this category to cover the cost of your funeral and other final expenses.
Final expense insurance is a unique type of policy: it covers the cost of anything associated with your death, whether its medical costs, a funeral, or cremation — whatever your literal final expense is.
If you want the security of knowing you can pay for end - of - life expenses such as funeral costs, as well as covering any outstanding debts so they don't get passed on to your family, guaranteed life insurance is worth considering.
A type of permanent life insurance designed to cover the expenses directly related to the death of the insured, such as funeral costs, medical expenses or legal fees.
If you have taken Actos and believe you were harmed as a result, you, or your loved ones, may have the right to file a lawsuit to cover the cost of medical expenses, recover lost income, loss of consortium, funeral bills, and compensation for the pain and suffering caused by the adverse effects of the drug.
Recovering the money victims and their families need to cover medical expenses, loss of income and funeral costs
If you are currently using any of the medical devices list below and believe you are or were harmed as a result, you may have the right to file a lawsuit to cover the cost of medical expenses, recover lost income, loss of consortium, funeral bills, and compensation for the pain and suffering caused by the adverse effects of the device.
In cases of serious injury that cause a fatality, compensation may be awarded to those dependent on the deceased, for the loss of their financial, as well as things like expenses to cover funeral costs.
However, a personal injury lawsuit can provide victims and their families with the financial help they need to cover hospital bills, rehabilitation expenses, loss of income if victims can not work due to injury and funeral costs.
Family members will also be eligible to recover financial expenses to cover any medical costs, funeral costs, and the loss of financial support of the decedent.
A type of permanent life insurance designed to cover the expenses related to the death of the insured, such as funeral costs, medical expenses or legal fees.
Final Expense Insurance is the type of policy that covers the cost of anything associated with death such as medical cost, burial, funeral services or cremation.
This means that the benefit levels of the policy are such that they cover the expenses of a funeral and burial costs but relatively little else.
Because of that, these policies can cover the cost of one's funeral, burial, and other related expenses, as well as possible additional costs such as uncovered end - of - life medical and / or hospice care.
Sometimes, it's the combination of whole and / or term life insurance benefits that can help families cover daily expenses, medical bills, funeral costs and more.
The Foresters PlanRight plans encompass a series of whole life insurance products that are designed for covering costs such as those associated with burial and other funeral expenses.
Funeral Advantage is essentially a whole life insurance policy designed to cover a limited set of costs associated with your passing, and is also referred to as final expense insurance.
Final expense coverage — which is often also referred to as burial insurance or funeral insurance — is specifically designed to cover the cost of an insured's funeral and other final expenses.
Bodily injury liability of an automobile liability insurance policy covers an at - fault driver, so they don't have out - of - pocket expenses for others» emergency and ongoing medical expenses, loss of income and funeral costs.
People often buy this type of life insurance when they've been turned down elsewhere but they want to cover final expenses, such as funeral costs.
And though some insurance companies try to promote plans that require no life insurance exams, bear in mind that most of these claims would only cover limited expenses such as funeral costs and a cash benefit of around $ 50,000.
For example, if you and your parent (or parents) have a goal of covering most or all of their anticipated costs with a final expense policy, then it can be a good idea to contact several different funeral homes in your area (or in the area where your parents plan for their final interment) and ask how much the various services cost.
Final expense policies are a smaller amount of permanent life insurance (typically $ 5,000 - $ 40,000) that you can purchase to give your family the protection that they need to cover the funeral and all other related costs.
If one partner passes away, the insurance policy will help cover the costs of the funeral and final medical expenses to prevent the surviving spouse from accruing even more debt.
If you can not afford the premiums, an alternative is a funeral insurance for over 80 years old that only covers the cost of burial expenses.
If you simply want to cover your end - of - life expenses and funeral costs so that your family is not burdened by these expenditures, you might want to buy a small term life policy, such as $ 10,000 to $ 20,000 worth of coverage.
Personal injury protection insurance will cover all reasonable and necessary medical costs, funeral and burial expenses, up to $ 20 a day for services you can not perform for yourself, survivors» benefits and replacement services (paid to dependents in the event of death), and a maximum of $ 4,400 per month for lost wages, for up to three years.
Is it to cover the cost of your funeral and other final expenses?
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