Is buying Final Expense insurance worth it?
Last Updated:
January 9, 2024
If you’re looking to invest less than you would on a larger life insurance policy yet still want to be well protected, Final Expense insurance could be enough to meet your needs. Final Expense life insurance can help you to cover funeral costs and a few extra bills. To know how much to buy, you’ll want to accurately estimate funeral costs. According to the National Funeral Directors Association, you should budget around $8,800 for traditional funeral services. If you’re currently under medical care, you may want to add extra coverage for pending bills, too.
If you’re looking to invest less than you would on a larger life insurance policy yet still want to be well protected, Final Expense insurance could be enough to meet your needs. Final Expense life insurance can help you to cover funeral costs and a few extra bills. To know how much to buy, you’ll want to accurately estimate funeral costs. According to the National Funeral Directors Association, you should budget around $8,800 for traditional funeral services. If you’re currently under medical care, you may want to add extra coverage for pending bills, too.
