Not exact matches
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.
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.
These include the
setting up
of a Special Needs Trust, as a Business
Policy, For Extremely Wealthy Americans, and for those Not Able to qualify for level term
policies, certain
final expense policies are in fact a type
of whole
life insurance.
However, many individuals that take the time to protect their loved ones with
life insurance, may also have a separate investment
set aside to pay for their
final expenses, instead
of using a permanent
life insurance policy.
While
final expense is a type
of life insurance, there are several factors that can
set this particular type
of coverage apart from other forms
of life insurance policies.
The best approach for making sure that your loved ones do not carry the burden
of the
final expenses is to
set up the right
life insurance policy that will cover these
expenses.