Final expense insurance is designed to cover the bills that your client’s loved ones will face in the event of their death. Many costs associated with death, on average, can exceed $8,000. Without a final expense life insurance policy, most families have a hard time coming up with these funds.
Most people do not like to discuss end-of-life issues or plans. Expenses associated with death, such as caskets and embalming, can have a substantial impact on your client’s family. Final expense insurance can help protect their loved ones from having to pay these cost out-of-pocket. Withdrawing them from savings, and help safeguard their assets.
|Casket and Vault||$3,693|
|Basic Services Fee||$1,975|
|Preparation of Body||$225|
|Transfer of Deceased||$285|
|Total Average Expenses||$8,343*|
Learn more about adding final expense insurance to your portfolio. We represent many companies dedicated to providing affordable premiums and ensuring your client’s peace of mind. Contact a member of your Regional Sales Staff to learn more about the opportunities available in your market. Call us at 800-962-4693 or browse our Staff Directory to locate your Regional Sales Director.
*Source: NFDA.org, 2012 Research Study