FINAL EXPENSE BURIAL INSURANCE

A final expense life insurance policy is used to cover expenses that occur at the end of ones life. One example of this is funeral or burial costs. Usually these policies have a low cash value and most of the time are accepted quite easily by the insurance companies, compared with other types of policies such as whole life.

Since an individual cannot do much about the expenses that occur at the end of ones life it is practical that these expenses are planned for in advance. Final expense life insurance is usually used to cover funeral costs and sometimes probate costs. The terms of the policy are flexible and often the insurance can provide cover for expenses if you were to get a terminal disease.