Final Expense in the Louisiana

When you have a final expense policy in Louisiana, you can buy a benefit that ensures your funeral, burial, or cremation costs are fully covered and then some. It’s your way of investing in your family’s peace of mind during an emotionally challenging time.

What Is Final Expense Insurance?

Final expense insurance is a permanent life insurance policy that covers you for the rest of your life. You decide on a benefit amount, anywhere from $2,000 to $50,000, and when you pass away, your loved ones receive that as a cash payment. This money is designed to cover your funeral expenses and final plans, but it can also assist with medical bills, debts, daily living costs, and more. Your beneficiaries can use it as they choose or follow your documented wishes.

Choosing Final Expense in Louisiana

Final expense insurance isn’t your typical life insurance. It’s designed with seniors like you in mind, offering smaller coverage specifically for covering the expenses of your funeral, burial, or cremation. In Louisiana, an average funeral and burial can cost around $7,639, and a funeral with cremation about $6,388. If you haven’t saved up or don’t have a whole life insurance policy, final expense insurance could be a smart choice to ensure you’re looking out for your loved ones by covering these costs.

Qualifying for a final expense policy in Louisiana is easy to qualify for. Unlike most traditional life insurance policies, you do not have to submit to a medical exam. Your premiums will depend on your age, gender, and your answers to those health questions. Plus, even if you have serious health conditions, you can still get final expense insurance through a guaranteed issue policy. These may cost a bit more each month, but they accept everyone, no matter your health.