Life Insurance

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There are many reasons to have life insurance. These include estate balancing, debt protection, buy/sell agreements, and to leave your family financially secure.

You will be pleasantly surprised about how affordable life insurance can be. The key is matching your needs with the right policy. Let us compare rates with multiple carriers to find you the best option!

There are many times throughout your life when buying life insurance is appropriate. These include when you have kids, take out a business loan, or buy a house.

Final expense insurance is a whole life insurance policy that has a small death benefit and is easier to get approved for. Final expense  insurance is also called “funeral insurance,” “burial insurance,”  “simplified issue whole life insurance,” or “modified whole life  insurance.” All are marketing terms the insurance industry uses to sell  small whole life policies with a face value (death benefit) of $2,000 to  $50,000.

Final expense insurance for applicants between ages 65 and 90  can cost anywhere between $30 to $200 a month depending on the  coverage amounts they require.

 You should get a final expense life insurance as soon as you can. The cost only goes up the older you get. Typically, final expense policies are for people between the ages of 50 and 85. Some companies will offer coverage to customers over age 85.

There are a few things you should consider when purchasing a final expense policy. 

1. Burial Expenses
2. Medical Bills
3. Bills Left Unpaid

According to a 2021 PolicyGenius survey, the average funeral cost in Wisconsin is $7,554 while the total cost of typical end of life expenses has risen to $20,916. A final expense insurance policy can cover these expenses.