Final Expense


Losing a loved one is a difficult and trying experience. While many who have dealt with the loss of a family member or friend expected to experience grieving and sadness, many do not expect to also have to deal with the high costs associated with honoring the memories of a loved one. The costs of a funeral and its associated accommodations can cost thousands of dollars and can place unnecessary stress and financial strain on those who are coping with their loss.

Burial and final expense insurances are forms of basic life insurance that are more affordable and easier to obtain than traditional forms of whole or term life insurance policies. Additionally, final expense insurance will cover those who are beyond the age limits of a traditional life insurance policy, and at a much lower cost than life insurance as well. Seniors up to the age of 85 are eligible to apply for a burial insurance policy and can qualify quite easily if they have no serious medical issues.  There are even policies that guarantee you qualify for a policy, even with serious medical issues.

These insurances are a great option for those who don’t want to pay huge insurance premiums for life insurance, but who don’t want to leave a large financial burden with their families when they pass. Some of the benefits of final expense insurance include:

  • Low monthly premiums
  • Coverage from $2,500 to $35,000
  • Application eligibility up to the age of 85
  • No medical exam required
  • Those with health issues may still qualify
  • Premiums never change
  • Policy accumulates a cash value

Because the costs of a funeral can range widely and unexpected costs can quickly add up, purchasing a burial insurance policy is a good pre-emptive decision. Don’t make your loved ones worry about costs when the only thing they should worry about it honoring you in the best way possible. Let New Dawn Financial help you decide if final expense insurance is right for you and show you how to get the lowest cost for your health and age.