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| ![]() Final Expense for Seniors over 70The federal government pays $255 as a death benefit. The average funeral costs are around $9,000.
By: www.MintcoFinancial.com With the high cost of funerals, the last thing anyone wants to think about after they lose a loved one is paying for and planning final arrangements, but it is a sad reality many people have to face who don't have the proper coverage to prevent such occurrences. Final Expense Insurance vs. Life Insurance Unlike the high face value most regular life insurance policies contain, final expense insurance is written with a much lower face value and is intended solely to take care of the cost of a person’s final arrangements. Who Can Buy Final Expense Insurance Coverage? Anyone can buy final expense insurance. Most often, however, it is purchased by those who are near to death and do not already have a regular life insurance policy in place. Many final expense insurance policies can be underwritten without the designated insured submitting to a medical exam. These no-exam policies contain higher rates for the insurance, but are still less expensive to buy than regular life insurance because of the low face value of the policy. When you are ready to discuss a final expense insurance policy, call us at 813-964-7100 or visit our website www.MintcoFinancial.com We will be glad to help you and your family! End
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