Sentences with phrase «such as funeral costs»

The insurance elderly over 60 companies for final expense provide many various benefits such as funeral costs.
If you pass away, Unum Life Insurance can help your family cover expenses, such as funeral costs, day - to - day expenses and bills.
It is a pure death benefit insurance type that is generally used to cover financial liabilities such as funeral costs, mortgage debt, and college education for kids.
In this case, the proceeds could be used just like the funds from a personal life insurance policy would be, such as paying off debt, replacing ongoing income, and / or paying for final expenses such as funeral costs.
This means that the entire amount of the proceeds may be used for paying off debts such as funeral costs, medical bills, and other final expenses of the insured.
These include: expenses that precede your death such as medical bills expenses accrued as a result of your death such as funeral costs, estate taxes and fees.
In many instances, there are debts to be repaid such as funeral costs and other final expenses.
Life insurance is often used to help provide for the insured's spouse and children, and the proceeds from the policy may also be used to cover final expenses such as funeral costs and medical bills.
This may include payment of the decedent's final expenses such as funeral costs and any unpaid medical bills, as well as paying down the mortgage on the family home for the policy holder's survivors.
In many instances, the death benefit proceeds are used by the insured's loved ones for paying final expenses — such as funeral costs and unpaid medical bills — as well as for paying off other debt such as the balance of a mortgage.
Final Expense Life products can insure your loved ones against the financial burden of final expenses such as funeral costs, medical bills, and legal fees.
This can become a burden for your family if you are unprepared for expenses such as funeral costs, debt, mortgages, college for your children, and the everyday costs of your household.
The life insurance should include funds for anticipated final expenses such as funeral costs, too.
Expenses such as funeral costs, business debt, and estate taxes can place financial burdens on your family that could mean delving into their own bank accounts or having to liquidate assets.
Things such as funeral costs and jointly held debt (such as a cosigner on a loan) are just a few of the costs that you'll need to consider in the event you were to unexpectedly die.
Many people become fixated on income replacement and forget to include additional expenses such as funeral costs, final medical bills, the cost of college, care for special needs children, or even funds for taking care of an elderly relative.
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.
For those on a limited budget, whole life insurance can be purchased expressly to pay for your final expenses such as funeral costs.
The proceeds would cover associated final expenses, such as funeral costs, a replacement of income, and more.
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.
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.
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.
At its most basic, it is meant to cover final expenses such as funeral costs, estate taxes, and the medical bills often left behind after a lengthy illness.
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.
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 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.
It can also help pay off debts or cover final expenses such as funeral costs.
Similar to term insurance, permanent life insurance can be put in place to pay for final expenses such as funeral costs, final medical bills and tax return.
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.
Often, these help with handling your estate, particularly debts, as well as final expense, such as funeral costs.

Not exact matches

A smaller death benefit is typical if you are looking to cover all costs associated with your passing, such as a funeral and potential hospital expenses.
Recipients will have full discretion on how to use the money — such as covering funeral costs, medical bills and counseling.
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.
A smaller death benefit is typical if you are looking to cover all costs associated with your passing, such as a funeral and potential hospital expenses.
So, if there are more pressing costs when you pass away, such as funeral expenses or a child starting college, your family member can spend the death benefit as they best see fit.
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.
Your family would have trouble covering less than $ 50,000 of costs that you expect at the time of your death (such as the cost of a funeral).
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.
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.
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.
For example, you could get a 30 - year term policy to cover your mortgage and family needs such as tuition and then supplement it with a small whole life policy that will cover your funeral costs or any medical bills and leave behind an inheritance.
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.
Compassionate grounds such as medical costs if you are seriously ill, funeral costs or to stop your home being sold if you have a mortgage
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.
Offers more affordable premium payments and is designed for final expenses, such as medical bills, credit card debt, funeral costs, etc..
Insurance proceeds can provide the cash necessary to help settle an estate and cover final expenses such as hospital or funeral costs.
The death benefit pays money directly to your beneficiaries to help with funeral costs and ongoing financial obligations such as daily living expenses, child education and mortgage payments.
Non-Economic Damages — such as grief, loss of companionship, mental pain and anguish, and costs associated with burials and funerals
Normally, the deceased's unexpected expenses, such as medical bills or funeral costs, can be recovered by the executor of the estate or the surviving family member that is responsible for paying the bills.
In pedestrian accident cases in San Bernardino where negligence or wrongdoing is a factor, families of deceased victims can file what is known as a wrongful death claim seeking compensation for damages such as medical and funeral costs, lost future income, pain and suffering and loss of love and companionship.
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