It's industry shorthand that describes
a small whole life insurance policy that is designed to take care of funeral costs for the person being covered.
It's industry shorthand that describes
a small whole life insurance policy that is designed to take care of funeral costs for the person being covered.
A final expense policy is
a small whole life insurance policy meant to pay off, well, any final expenses like burial costs and outstanding debts.
Final expense insurance is
a small whole life insurance policy which is used to pay for things such as burial plots, caskets, funerals and minimal medical bills left behind.
Most life insurance companies refer to burial insurance or final expense insurance, but burial insurance is simply just a way to refer to
a small whole life insurance policy.
Burial insurance (Final Expense) plans are
small whole life insurance policies that will last the insured's lifetime.
We are referring to
small whole life insurance policies that cover burial costs and funeral expenses.
The interesting thing about burial insurance is that «burial insurance» is just a nickname for the actual product you are buying, which is
a small whole life insurance policy.
If you've missed your conversion opportunity, or if you don't have any existing life insurance, consider purchasing
a small whole life insurance policy.
With
the small whole life insurance policies referred to as burial policies, and also with pre-need policies, payment is usually almost immediate (there may be an exception if the death takes place within six months of the commencement of the policy).
Despite the term «burial insurance» (sometimes referred to as «final expense insurance»), the policy is actually
a small whole life insurance policy — almost always $ 50,000 or less and sometimes as small as a few thousand dollars.
Guaranteed issue life insurance policies are great life insurance policies for those who have been diagnosed with serious pre-existing medical conditions or are just looking for
a small whole life insurance policy.
Burial Insurance plans are
small whole life insurance policies with face amounts of, though some carries will go higher, up to $ 30K.
Burial insurance DEFINITION:
a small whole life insurance policy used for burial costs and funeral expenses.