Final Expense

FINAL EXPENSE


Our Final Expense plan gives you and your loved ones the peace of mind that all expenses are covered – so that when the time comes, your loved ones have the freedom to focus on honoring your memory.

Prudent Plan’s Final Expense offers several unique benefits:

  • No waiting period for the coverage to begin – full benefits can be claimed after just one plan payment
  • No increase in premium as you age – the premium is the same for the entire term
  • Nearly 100 percent of applicants qualify
  • Unused benefits can be rolled into another policy
  • Plans earn interest called an “increasing death benefit”

FINAL EXPENSE INSURANCE?

Final expense insurance is used to cover the costs of things specifically associated with your death. This includes the funeral and burial costs such as the services, items (like a casket and hearse), or even cremation if that’s your preferred route. Although all types of life insurance can be important – depending upon one’s needs – final expense coverage can fill the specific need of ensuring that loved ones are not burdened with having to come up with a substantial amount of money at an already emotional time.

CAN’T I JUST BUY A TERM LIFE POLICY?

Yes you can, but if you are in your retirement years the cost will be significant and you may outlive the term of the plan. Given the high cost of a funeral today, along with the many other related costs, the additional debt could leave loved ones with a great deal of undue stress. A final expense life insurance policy can help to ease this.

Our Final Expense policy provides payable-upon death benefits ranging from $500 to $20,000. The plan can be pre-paid in full or paid in monthly premiums for periods generally of three to five years.

DO I NEED TO PASS A MEDICAL EXAM?

No, our Final Expense policies do not require a medical exam – just a three-point questionnaire.

If something tragic were to happen to you tomorrow, your loved ones would be responsible for paying for your funeral costs and any other final expenses. This can make an already difficult situation a lot worse. Don’t wait any longer to get the protection that they need. Our agents can make the process as quick and simple as possible. Call today 504-398-0777 and you will be connected to one of our local agents.