Sentences with phrase «provide funeral cost»

To provide funeral cost expense money and funds for other related expenses, like loss of work or time off if your child should die due to an accident or illness unexpectedly.

Not exact matches

Since a funeral costs around $ 10,000 on average, guaranteed issue insurance should provide a large enough death benefit if you just want to take care of final expenses.
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.
Since a funeral costs around $ 10,000 on average, guaranteed issue insurance should provide a large enough death benefit if you just want to take care of final expenses.
Funeral establishments have «preplanning» services that help you figure the potential costs as well as provide a future record of your preferences.
Buying life insurance is great for providing funds to cover lost income, to pay bills and it can help cover the costs of a funeral and burial.
Are you looking to have the death benefit pay off all your debts (mortgage, loans, etc.) and pay for your final expenses (tax, funeral costs) or do you want it to provide a stream of income to your loved ones to replace your lost income?
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.
When a loved one passes away, the insured's life insurance policy can provide a death benefit that helps family members to pay for medical payments, end - of - life expenses and funeral costs.
Also called burial insurance, final expense policies offer peace of mind by providing for your last wishes, at a fraction of the cost of a pre-paid funeral.
It can help provide support to your beneficiaries, including income from years of lost work, help with your family's financial goals, help in covering the costs of a funeral and burial, etc..
These policies provide the added resources to cover the full cost of a funeral without leaving your loved ones in debt because of your passing.
Everything else being equal, the main reasons to purchase permanent insurance are: (1) if you have a dependent, such as a special - needs child or handicapped loved one, who relies almost solely on your income to live and who will need to rely on it after your death in perpetuity, or (2) if you have few, if any, other assets and don't actively plan on having any that could be used to cover the cost of your funeral, to pay off any outstanding debts, or to provide some inheritance to your family.
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.»
This provides coverage for any final expenses including outstanding debts, funeral costs, medical or hospital expenses.
Insurance proceeds can provide the cash necessary to help settle an estate and cover final expenses such as hospital or 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.
Depending on the relationship to the victim and the particular circumstances of the case, damages may include the final medical expenses and funeral costs for the victim, the amount of financial support the victim would've provided, loss of care and companionship, and more.
A wrongful death claim can provide compensation to cover medical and funeral costs that were accumulated, as well as financial support that the decedent would have provided in the future.
In this manner, any necessary expenses such as funeral costs, providing a legacy for the beneficiaries and other benefits can be paid out before the policy holder passes away.
Smaller benefits that will cover the costs of funeral arrangement and debts will usually be provided by a policy that is still relatively inexpensive.
Funeral establishments have «preplanning» services that help you figure the potential costs as well as provide a future record of your preferences.
Prudential's initial mission was to provide affordable insurance to the working class by providing industrial insurance to provide low - income families with burial and funeral expenses at a low cost.
The cost for a final expense no medical exam policy is affordable and can provide thousands of dollars to pay for a basic funeral service, casket, cemetery plot or whatever your family needs for up to $ 40,000.
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.
By having a good idea of how much a funeral and other related costs are in your area, you can be better assured that you will be getting the right amount of protection for you and that you are providing peace of mind to those you love.
This type of policy can provide financial protection against the staggering costs of the average funeral and provide peace - of - mind.
It can provide a financial cushion to help cover many things like medical bills, funeral costs, credit card debt and other bills that are left behind.
Even if you're single, the insurance would pay for funeral expenses and the costs of dealing with your estate (even a small one can be a fair amount of work), and provide some money for grieving parents and siblings or, say, college funds for a beloved niece or nephew.
Workers compensation insurance may provide burial benefits to help with some of the expenses related to the cost of a funeral.
Final Expense life insurance, also called burial or funeral expense insurance, provides a death benefit to use for expenses like medical bills, credit card debt, and funeral costs.
While it is quite similar to final expense insurance, burial insurance only provide for the cost of your funeral, but comes with cheap premiums and is easy to obtain.
As most modest funeral arrangements can cost approximately a month's wages, The Kaizer Chiefs Cover can provide financial help during such a crisis.
Burial insurance provides the money to cover funeral and burial costs when you die.
Sure, you'll (probably) be able to cover the cost of a funeral, but life insurance allows you to cover that and provide much more protection for your family.
Accident Benefits provides coverage for the cost of medical care, rehabilitation, funeral expenses, and more.
As its nickname implies, people buy this type of policy to provide money for funeral and burial costs for themselves and / or family members.
They're both useful as burial insurance — providing enough coverage to handle funeral costs, but not much else.
Want to provide loved ones with money for your final expenses, such as medical bills and funeral costs, no matter when you die.
These plans are low cost and they will provide all of the money needed to pay for your funeral and burial.
Buying life insurance is great for providing funds to cover lost income, to pay bills and it can help cover the costs of a funeral and burial.
This type of coverage is geared to providing quick benefit payments so that beneficiaries can pay an insured's final expenses such as funeral services, burial costs, and other related debt obligations.
Provide financial benefits to put towards credit card debt, funeral costs or any other final expenses.
In addition to providing for income lost by your death, life insurance also covers your actual funeral and burial costs as well as any expenses related to grief counseling for your loved ones.
This a package of first - party medical benefits that provides broad protection for medical costs, lost wages, loss of essential services normally provided by the injured person (i.e. childcare, housekeeping), and funeral costs.
You could purchase a permanent life policy that would provide for basic life insurance needs to last your lifetime to 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 those who are concerned about funeral planning, Prudential provides information about making these plans — including how to select a funeral home, as well as the costs and options of various other services.
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.»
Funerals typically cost around $ 10,000 and seniors can typically find term life insurance policies that provide at least 10 years of coverage.
If you pass away during the term (duration) of your mortgage life insurance policy, the death benefit is paid to the person you choose (beneficiary) who can use the money to pay off your outstanding mortgage loan, and use any remaining money for any purpose, such as, living expenses, education, paying off credit cards, provide for your funeral and burial costs, etc..
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