Final Expense in the Sunshine State

Despite previous challenges, there are options available to provide the financial security your family needs.

When traditional life insurance isn’t an option, final expense insurance steps in as a valuable alternative. Despite lower death benefits, these plans still cover crucial end-of-life expenses, such as funerals, burials, and cremations. Read on to discover more about final expense policies in Florida.

Florida Final Expense Insurance

Final expense insurance, also called burial insurance or funeral insurance, serves the same purpose under different names, depending on the provider. These names reflect the policy’s intended use: covering expenses related to funerals, burials, and other end-of-life costs.

Florida final expense insurance policies operate as whole life insurance, ensuring coverage for your entire life as long as you keep paying the premiums. However, it’s essential to note that these policies aren’t meant to replace your income. Instead, they offer a significant financial boost that your family can rely on to cover your end-of-life expenses.

Final Expense Benefits in Florida

In Florida, there’s a wide range of final expense plans to choose from. The right one for you depends on your anticipated end-of-life expenses. If you have substantial financial resources, a smaller policy might be sufficient. However, if you have limited savings, it’s advisable to invest in a plan with higher death benefits for comprehensive coverage.

Final expense insurance policies usually provide death benefits between $5,000 to $40,000. While beneficiaries can use the money for various purposes, it’s commonly used for the insured person’s end-of-life expenses. Burial Senior Insurance can help you determine the right coverage amount you need.