You may not think you need life insurance. The kids are grown. Everyone is taking care of themselves. You’re all set, right? Well, there’s one more thing to think about. And, unfortunately, it is something that a lot of people overlook. Don’t make that mistake. Call Midgard Life Insurance Services to learn more about funeral insurance. Meanwhile, here are 10 good reasons to consider final expense life insurance.
As you read this article, keep in mind that what we’re talking about is final expense life insurance which is paid directly to your beneficiaries to be used to cover your final expenses however they think is best. It is not the same as some funeral insurance policies which provide cash that may only be used for funeral expenses. That is an important distinction.
#1 It is a generous gift
Giving your family the gift of cash to cover final expenses is a very generous thing to do for the people you love. They’ll be very grateful you thought of it. And, it’ll help alleviate any tension among siblings and other family members that might negatively affect relationships for years.
#2 It is the right thing to do.
Set a good example for your children and grandchildren. Make this a family tradition, something that each generation does for the next. It protects your family financially and emotionally.
#3 It alleviates financial stress.
Final expense life insurance is not the same thing as prepaid funeral expenses. With a final expense life insurance policy, you are providing your loved ones with the cash they need to take care of any outstanding expenses, including outstanding debt, outstanding medical bills, utility bills, and other expenses. Your insurance benefit gets paid directly to your beneficiary, not to a funeral home, so it can be used where it is most needed.
#4 Everyone needs it.
No one likes to think about it. But, we are all going to die and we are all going to need to pay for some kind of funeral. No matter what your final wishes are, there are going to be some expenses that your family and loved ones will have to find a way to pay for.
#5 People die unexpectedly.
You may think you have plenty of time to plan for your final expenses. We hope that’s true. But there are no guarantees in life. As with everything else, it is best to be safe rather than sorry. Don’t leave your loved ones with unnecessary financial and emotional stress when they should be focusing on supporting each other and celebrating your legacy.
#6 It is easy and affordable.
Final expense life insurance is not expensive. Almost everyone qualifies. There is no complicated paperwork. Policies are available up to $35,000. Those are pretty good reasons to do something that will provide so much peace of mind for the people you love.
Please call Midgard Life Insurance Services today, because no one can afford to wait. Our caring and experienced agents are here to answer all of your questions and to help you make the right choice for you and your family.