Final Expense

The Last Coverage You'll Ever Need

Planning for the future means planning for end-of-life expenses, such as a funeral, burial, cremation, or other costs. If you don’t, your loved ones will have to shoulder the load. And honestly, they probably have many bills of their own!

Final expense insurance can help make it a little easier on your family—financially—while they are already going through a difficult, emotional time.

What Is Final Expense Insurance?

Final expense is a form of life insurance that provides a small death benefit upon the insured’s death. This benefit is not designed to replace your full income. Instead, final expense death benefits are typically allocated for your funeral expenses and medical bills. 

Who Buys it?

Also known as “burial” or “funeral” insurance, it’s easy to qualify for—because pre-existing conditions are ok. No medical exam is required. So if you cannot get a competitive rate or do not qualify for a standard life insurance policy, consider final expense coverage.

It’s also purchased by those who had a term life policy that expired and/or no longer have life insurance through their employer.

What Is it for?

The payout of a final expense policy is often used to pay funeral, cremation, or burial costs. In some cases, the insured can choose to have their death benefits go directly to the funeral home that will be carrying out their ceremony. Otherwise, the death benefit can go to an individual beneficiary, such as a family member or spouse. From there, it is the beneficiary’s responsibility to use the funds for the expected purpose.

How Do I Get it?

Overton Agency is here to help you find a life insurance policy that fits your needs and budget. As independent, licensed agents, we work for YOU; not the insurance companies, so you can trust us to guide you through each step of the buying process. It’s the personalized service that you deserve—and you won’t get this from a 1-800 number or typical website. 

Get Started Today!

Whether you have questions about final expense insurance, want more policy details, or just want to discuss your options, contact us today. We offer a consultation and free quotes.