Burial Insurance for Baby Boomers
Total Insurance Solutions Now Offers Burial Insurance Policies To Baby Boomers In Louisiana
Final expense insurance is a type of life insurance policy that is designed to be affordable while still providing protection to policyholders and their loved ones. It will cover funeral and medical costs at the end of life and can give elderly policyholders peace of mind knowing that their loved ones are protected financially.
Baby Boomers Final Expense
People 65 years of age and older make up about 15.4% of Louisiana's population, and more than 18% are over 50. That's a large segment of the population, thanks in large part to the baby boom after World War 2 when more than 75 million Americans were born.
Today, those baby boomers need burial insurance to give themselves and their loved ones peace of mind. Total Insurance Solutions now offers two options – the simplified issue and guaranteed issue. Both are valid choices, and the right one for each person will depend upon their needs. Today, every 7 seconds a boomer turns 50 and it's now that they are most likely spending some time planning retirement – something that includes planning for final expenses.
Louisiana has numerous cities that are popular for baby boomers including:
Total Insurance Solutions offers solutions for boomers carrying large amounts of debt into their retirement as well, and finding the right final expense policy is important for providing one's self with complete peace of mind.
The Large Cost After You're Gone
Average funeral costs today are incredibly high – between $7,000 and $12,000. Exceeding those numbers is very easy to do as well, and depending on the items included in a funeral the price can quickly climb. The most common reason Americans today buy a life insurance policy is because of the burial expenses, which can include:
About Total Insurance Solutions
At Total Insurance Solutions, the focus is on providing final expense insurance solutions to everyone in Louisiana – especially baby boomers. Funeral costs and their arrangements shouldn't be a more stressful process than grieving for a loved one.
To find out more about burial insurance, visit this webpage.