Death has No Age - Young. Old.
It is more costly to die than to be born. Insurance ensures the risk of cost. Final expense insurance typically comes in two varieties . Immediate full benefit policies , which pay the full face value upon your death, are generally available to people with no serious health concerns. Graded benefit policies provide limited benefits during the first few years and are available to people with serious health concerns. These policies can provide the peace of mind of knowing that your survivors won’t struggle to pay for your funeral or be saddled with outstanding medical bills and other debts. With the average cost of a funeral exceeding $10,000 and approaching $15,000, this typically represents the third largest expense in a person's lifetime. Ranking just behind home and automobile ownership. Social Security only pays a lump final expenses sum of $255 for those who qualify. If you have ever experienced the passing of a loved one, you k...