Final Expense Life Insurance helps to cover the rising cost of funeral and burial expenses.

Final Expense for Baby Boomers

Statistics from the National Funeral Directors Association (NFDA) reveal that the average cost of an adult funeral in the United States is steadily increasing year over year.

Families who lost a loved one in 2000 faced an average funeral cost of $5,180, a number which jumped to $7,045 by 2012.

Industry experts are warning consumers that this trend is expected to continue year over year. As a direct result, consumer interest in final expense life insurance products has spiked in recent months as a growing number of baby boomers prepare for retirement.

Available as permanent and universal life insurance policies, final expense coverage is designed to provide immediate compensation at the time of the insured’s death. From medical bills to funeral and burial costs, many families are unprepared financially at what can be a very difficult time.

Those who choose to purchase final expense coverage are providing invaluable protection at a time when their loved ones will need it most. As more and more baby boomers reach retirement age, many are turning to life insurance professionals to plan for the future, not only for themselves but also for their aging parents. In fact, it’s not uncommon for adult children to take out and maintain final expense policies on their parents.

Final Expense life insurance policies are relatively low in cost and provide a guaranteed benefit at a time when family members need it most-helping to protect survivors from unnecessary added financial stress.

We can help you find the right final expense life insurance for your situation. We work with many of the top rated companies offering final expense in the market today.

With no medical exams required and only a few short health questions, carriers are making it even easier to qualify for this protection. There are even guaranteed issue final expense life insurance plans available.

Talk with an agent to see if it’s right for you.

To find out more on what plan is right for your situation, please go the contact us page or call (888) 901-4870. Thank you.