'Final expenditures' presentation slideshows

Final Expense Life Insurance - It Puts You in Charge

Final expense life policies are so called because it is a policy is created to cover the 'final expenditures' of the policy owner. Trouble in choosing precisely how much a funeral service will ultimately cost typically results in a final costs life policy owner taking out a policy which is large enough to cover all eventualities. The policies they sell are usually called pre-need life policies rather than final expense life insurance. The premium for final expense life policies can be paid for in complete when a policy is taken out. If a policy owner of a final expense life policy has a severe medical condition a policy might specify a lower advantage will be paid throughout the first few years of the policy.

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