Sentences with phrase «other funeral expenses»

In addition to these expenses, other funeral expenses may include; traveling, catering, and a reception lunch or dinner.

This would include his or her memorial service, headstone, burial plot, transportation, flowers, other funeral expenses, as well as debts and estate related expenses.

Paying for burial and other funeral expenses is the primary reason why most people buy these policies, and death benefits range between $ 2,000 & $ 50,000.

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.

Not exact matches

Therefore it's typically intended as final expense insurance, offering a large enough death benefit to cover a funeral and other costs associated with your passing.

However long you live, eventually your funeral expenses and other debts must be paid for before your executor can distribute your estate to beneficiaries.

This would ensure your wife would have money in her retirement years to replace social security benefits, cover estate taxes, funeral costs, and any other final expenses.

For example, immediately after Emancipation mutual aid societies pooled the resources of black folk to help pay for funerals and other daily expenses.

The suit seeks more than $ 50,000 in general damages and more than $ 50,000 in economic damages as well as an unspecified amount for medical and funeral expenses, emotional distress and other damages.

Therefore it's typically intended as final expense insurance, offering a large enough death benefit to cover a funeral and other costs associated with your passing.

While you may need less life insurance than someone with a family to support, you'll still have funeral expenses and might leave behind other debts you'd like to see paid off.

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.

This page will give you a good understanding of funeral expenses insurance, will inform you of savings opportunities, and also provide a number of other useful tips based on our publications.

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.

This payment can allow parents to take time off work to grieve, and to cover funeral expenses, among other costs.

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:

You should at least get a $ 10 - 15,000 plan to cover funeral costs and other expenses your parents / whoever get left with your estate in the case you die may incur in the process.

Examples of such expenses are medical bills, dental expenses, emergency pet care, funeral costs, unanticipated trips and impromptu repairs that you need to carry out on your car or other assets that you own.

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.

You wouldn't want to touch this money for any other reason than your mom's funeral, but it would allow you to create a sinking fund large enough to cover the expenses.

These products are typically favored if you want to have coverage in place quickly, perhaps because you're in poor health, and only need a small payout in the case of your passing (to cover funeral expenses, a loan, or other limited financial obligation).

Final Expense insurance is aimed at people who want to provide funds to pay for the cost of a funeral, memorial service, and other such costs associated with their death.

Medical payments - will pay for medical expenses and funeral costs, for you, other drivers on your policy, and passengers.

Funeral costs alone can be substantial, in addition to other unforeseen expenses.

Bodily Injury Liability helps protect you from paying medical costs, loss of income and funeral expenses of other people involved in an accident.

Final expense life insurance can be used to cover medical costs and other end - of - life expenses, including funeral and burial costs.

To conclude on the amount of life insurance policy you should buy, I will say that you should endeavour not to go below the amount that will cover your funeral expenses, repayment of your outstanding mortgage or other loans and your family living expenses.

That is because the proceeds from a life insurance policy can be used for paying off large debts, ongoing living expenses by the insured's survivors, and for the high cost of the insured's funeral and other final expenses.

Loved ones can also use the proceeds for paying the costs that are associated with the insured's funeral and other final expenses, such as the purchase of a burial plot and headstone, a memorial service and flowers, and other related needs.

Burial insurance works similarly to other insurance plans, but with the idea that the payout from the plan can be used to cover the expenses of a funeral and all other final expenses like medical bills or unpaid debts.

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.

These policies can be useful for paying for funeral costs and other final expenses.

Unexpected Expenses: Covering any type of medical expenses, funerals or other emergency expenses that arise due to unforeseen circumExpenses: Covering any type of medical expenses, funerals or other emergency expenses that arise due to unforeseen circumexpenses, funerals or other emergency expenses that arise due to unforeseen circumexpenses that arise due to unforeseen circumstances.

You can buy final expense life insurance to ensure your loved ones have the necessary funds to pay for your funeral, burial, and any other expenses you may leave behind when you die.

* Note: There are other options to pay for funeral expenses, but this article's focus is on burial insurance and preneed funeral insurance).

This issue is usually alleviated by purchasing life insurance to cover funeral expenses, as well as other debts of the decedent.

For example, if you have a $ 15,000 burial insurance policy and funeral expenses came in at $ 10,000, your beneficiary might choose to use the additional funds to pay for other final expenses such as outstanding medical bills, legal costs, or any other outstanding debts you may owe.

Final expense life insurance is a type of coverage that provides funds for the cost of a funeral, burial, and other related expenses that are considered to be one's «final expenses.»

Do you have other assets that he / she can draw from to meet these expenses - including immediate cash for funeral and burial expenses?

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.

However long you live, eventually your funeral expenses and other debts must be paid for before your executor can distribute your estate to beneficiaries.

In addition to using the proceeds from a life insurance policy to continue paying living expenses, these funds can also be used for paying off debts of the insured, as well as for paying his or her funeral and other financial expenses — which today can exceed $ 10,000.

One of the primary goals of your life insurance policy is to help your dependents pay off any expenses that you leave behind, like your mortgage, funeral expenses, medical bills, student loans, and many other debts.

One of the key reasons for this is because the proceeds from a life insurance policy can be used for multiple needs of one's survivors, such as paying off debt, replacing income for everyday living expenses, and paying the high cost of the insured's funeral and other final expenses.

Simplified issue whole life policies are often used to help survivors pay for funeral and other final expenses, as well as final medical bills and debt.

Other unique possibilities include funeral expenses and jetski financing.

Also, your survivors may need funds to pay off bills and debts and cover other costs — like funeral expenses.

Determine the death benefits needed: Add up your anticipated financial requirements at the time of your passing, such as end of life and funeral expenses, your mortgage and outstanding debts, college tuition for your children, and other benefits you may want.