Final expense insurance is designed to help protect your loved ones from the financial burden of funeral costs related to your passing. Unlike life insurance, final expense policies have a much lower face value because they are intended to only cover costs related to a person’s final expenses. Therefore, these policies can often be purchased at reasonable premiums.
Here are some of the features of final expense policies:
Premiums do not increase EVER!
As long as you pay your premium on time, policies will remain effective