Georgia
Final Expense Solutions in The Peach State
Final expense insurance, akin to traditional life insurance, stands out by eliminating the need for a medical exam during the qualification process. This simplified approach facilitates an easier application process, particularly for those who have faced challenges obtaining the life insurance necessary to safeguard their loved ones. If you've encountered difficulties securing life insurance, final expense coverage might be the ideal solution for you.
To gain insights into what this coverage entails, continue reading.
Understanding Final Expense Insurance
For those unfamiliar with final expense insurance, it's time to familiarize yourself with this beneficial coverage. Similar to whole life insurance, final expense plans do not require a health exam for qualification, making the process much more accessible. Instead of undergoing a medical exam, applicants only need to answer a set of health questions. These responses provide the insurer with an understanding of the associated risk. While some plans may reject individuals with significant health issues, guaranteed issue final expense remains an alternative for those facing rejection from other plans.
Yes! I Want This Coverage
Exploring the Death Benefit
The death benefit represents the sum paid out when a life insurance policy is activated, typically upon the insured person's passing. The death benefits associated with final expense insurance plans vary based on the specific plan purchased but generally fall within the range of $5,000 to $50,000.
Estimated Final Expense Costs in Georgia
In Georgia, end-of-life expenses can reach up to $19,300, covering medical expenses, funerals, and burial or cremation. With funeral costs alone averaging around $7,000, having final expense insurance becomes crucial for adequate preparation. The cost of coverage is relatively low compared to potential out-of-pocket expenses for final arrangements. For just $40 to $80 per month, you can secure coverage that shields your family from additional financial burdens related to your passing.
Let Us Assist You!
If you are considering the purchase of a final expense insurance plan, reach out to Senior Life Services. With our specialization in life insurance products, you can rely on us to assist you in finding a plan tailored to your specific needs. A single call is all it takes to get started.
To obtain a free quote today, call us at 800-548-3249.
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