Final expense Insurance for seniors over 70 , 80 years old

TAMPA, Fla. - Dec. 14, 2013 - PRLog -- Final expense insurance

Many seniors are seeking life insurance as a vehicle to cover their burial costs or final expense costs. There are two reasons why you may consider this. First, if your family doesn’t have the financial wherewithal to immediately pay for your burial costs or you don’t want to burden them with the costs then a life insurance policy can be used to simply cover these costs.

Secondly, even if the finances are available to cover these costs, life insurance can be used simply for convenience. Life insurance proceeds are normally readily available within a week or two of the claim being made (and commonly in as soon as just a few days). This means that life insurance can be used simply as a way to ensure that funds are available fast, without worrying about where the money is going to, accessing funds from your estate, or having your beneficiaries come up with final expenses on short notice.

Providing your family with the money needed to cover your final expenses is one of the greatest gifts you can provide for your loved ones, and simply makes sense. Final Expense insurance is usually a smaller policy, (usually between $5,000 and $25,000), and it has relaxed underwriting or is guaranteed issue. It can help provide the money you need to pay funeral and burial expenses, medical bills, household bills, and other end-of-life expenses. These policies can be paid monthly or with a single premium. Some have a level death benefit and others have an increasing benefit.

How a final expense insurance policy can help:

Pays immediate cash benefits
Benefits are paid directly to your beneficiary
Your rates can never be increased
No medical exam
Guaranteed renewable
Accelerated benefits
Cash and loan value
Paid-up insurance
Spares your loved ones the financial burden of final expenses


As independent agents we work with many top-rated carriers and have many final expense plans. Let us help you find the best plan for your particular needs. Call us at 813-964-7100 and we can discuss your situation.