Tag: #LifeInsurance
-
5 Myths About Final Expense Insurance That Could Cost Your Family
Don’t Believe These Common Misconceptions There’s a lot of misinformation about final expense insurance. Let’s set the record straight: Myth #1: “I Don’t Need It Because I Have Savings”Reality: Funerals can cost $10,000 or more. Do your loved ones have immediate access to that amount? Myth #2: “Final Expense Insurance is Too Expensive”Reality: Policies can…
-
Final Expense Insurance vs. Life Insurance: Which One Do You Really Need?
Understanding the Difference Many people assume that traditional life insurance is the best way to cover funeral expenses, but that’s not always the case. Here’s how final expense insurance differs: Feature Final Expense Insurance Traditional Life Insurance Coverage Amount $5,000 – $50,000 $50,000 – $1 million+ Medical Exam Not Required Usually Required Purpose Funeral &…
-
The True Cost of Saying Goodbye
Many people don’t realize how expensive the end-of-life process can be until they’re faced with it. A traditional funeral with burial can cost upwards of $10,000, while cremation services still range between $4,000 and $7,000. Add in medical bills, outstanding debts, and legal fees, and your loved ones could be left with a significant financial…
Apex Association 