Independent Life Insurance Agency | Scottsdale, AZ
Coverage Available
Unlike term life insurance that expires after a set period, final expense coverage remains in force for your entire lifetime as long as premiums are paid.
This permanent protection means your family will receive the death benefit whenever you pass away, whether that occurs next year or decades from now.
Premiums for final expense insurance remain level throughout the life of the policy. The amount you pay when you purchase coverage is the same amount you will pay for as long as you own the policy.
The average funeral in the United States costs between $7,000 and $12,000, with prices varying significantly by region and service choices. Cremation services, while typically less expensive, still involve meaningful costs.
Outstanding medical bills often accumulate during a person's final illness. Medicare and health insurance may not cover all expenses, leaving families responsible for remaining balances.
Outstanding debts including credit cards, personal loans, or other obligations do not disappear when someone passes away. Final expense proceeds can help settle these accounts.
Legal and administrative fees associated with estate settlement, including probate costs and attorney fees, can be covered by final expense benefits.
Day-to-day expenses may continue for surviving family members who depended on the deceased's income. Final expense benefits provide a financial bridge during the transition period.
Some individuals use final expense coverage to leave a small gift to a church, charity, or cause they cared about during their lifetime. This allows you to make a meaningful contribution even after you're gone, without placing any financial burden on your family.
