Final Expense Insurance Covers Your Financial Obligations
Give Your Family Peace of Mind
When a person passes away, they often leave behind financial obligations their family is now responsible to meet. You can imagine the additional stress these outstanding bills and debt places on family members who are already grieving. This undesirable scenario is the reason why Your Team H.O.P.E. Insurance offers end-of-life and final expense insurance.
The maximum amount of final expense insurance provided tends to be lower than other insurance policies. Coverage is usually capped around the $35,000 mark.
Receiving approval for one of these policies is easy in most cases. Rather than requiring a medical exam, you simply answer a series of health questions. Once you complete this process, coverage might begin in just a few days. The process does not drag out, as it does for some other types of insurance policies. You keep your final expense insurance policy for the remainder of your life, as long as you pay the premiums on time.
What Happens After Your Passing
Instead of waiting to receive payments through monthly distributions, beneficiaries of a final expense insurance policy will receive a lump sum cash payout equal to the coverage amount. They can then apply these funds to virtually any of your expenses of their choosing.
