![open care final expense plans open care final expense plans](https://www.thescplan.com/wp-content/uploads/2020/09/final-expense-insurance-768x467.png)
Level benefit final expense insurance is the preferred type of coverage to purchase. Here are the three types of plans that are available: To make the process even easier for seniors, most companies that offer final expense insurance provide two or three different types of plans so that almost anyone who is alive will qualify for life insurance. Insurance companies who are targeting seniors for life insurance are aware that their underwriting guidelines need to be more liberal than traditional life insurance but at the same time, the rates must be affordable. These policies are very easy to purchase because they have limited underwriting and do not require a medical exam or blood/urine tests. What is Final Expense Insurance for Seniorsįinal expense insurance for seniors is a whole life insurance policy that is designated to pay the final expenses we leave behind after passing away. Certainly, you don’t want to do that to your family, do you? If not, take a few minutes to learn about final expense insurance for seniorsįortunately, the competition among insurance carriers that offer final expense insurance has never been greater and as a result, seniors will benefit from this competition in the form of lower insurance rates Funerals are expensive and the prices aren’t going down! Final expense insurance for seniors allows you to prepare and pay for final expenses in advance.īecause of constant advertising by many of the insurance carriers who offer final expense and burial insurance, seniors have started flocking to insurance agents to make certain they don’t leave a financial burden to their surviving loved ones. If you’ve ever been involved with arranging a funeral or helping to pay for one, you may have been startled at how involved they are and how expensive they’ve become.