It's a type of life insurance policy that guarantees your approval for coverage, if you meet the age requirements for acceptance.

This type of policy provides lifetime (permanent) life insurance protection, as long as you pay your premiums on time.

It builds cash value inside the policy, and pays out a death benefit upon the death of the insured person.

Even if you have been denied coverage from other carriers, you can still get insured.

There is no health exam required, and you won't have to tak...
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What is basic end of life insurance and how does it work?

Many people buy final expense insurance, also known as, end of life insurance, to pay for the cost of their final expenses - including their funeral, burial and hospital bills, among others expenses.

Since the average funeral can cost more than $9,000 and many people live on a monthly income, they may not have enough money saved to cover the cost of their end of life expenses.

And, no one wants to leave their loved ones with the financial...
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Why would someone buy a final expense insurance policy?

There are several reasons someone would choose to purchase a final expense plan, including:

• To pay for a parent or sibling's final expenses. 
• To pay for their own final expenses.Peace of mind.
• To guarantee their loved ones would not suffer the financial stress of having to find a way to cover the cost of the person's end of life expenses.
  

Many people who do not have enough money saved to pay for their own final expenses choose to purchase a l...
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What are burial life insurance plans and how do they work?

Burial plans are small life insurance policies that provide the money needed to pay for your final expenses.

It’s a way for you to make sure that your family is not left in a financially stressful situation, looking for a way to pay for your burial and funeral costs after you die.

By purchasing a burial insurance plan, you get peace of mind knowing you've planned for the future, and you have shown respect for your family by providing t...

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Burial insurance and funeral insurance is a whole life insurance policy designed to cover the cost of a person’s funeral and/or burial.

These types of life insurance plans may be called burial insurance, funeral insurance or even final expense insurance.

Usually, these policies provide from $2,500 up to $20,000 or more of life insurance protection, and there is no health exam required which makes it easier for you to qualify and purchase your policy.

These plans are made for the purpose of pr...

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What are the most affordable life insurance plans?

That depends on why you need the life insurance protection. 

If you need guaranteed lifetime protection no matter how old you live, then your only option is permanent life insurance.

However, if you need life insurance for a period of 30 years or less, the most affordable protection by far is term life insurance.

Permanent life coverage usually costs two to three times more than term life insurance.

And, term life offers you the option of choosing...
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The number of life insurance policies you have will depend on how much life insurance you need and how many life insurance policies insurers may allow you to purchase.

Yes, you can own two or more life insurance policies.

Since your life insurance needs may change throughout your life, insurers will allow you to own more than one life insurance policy.

However, they ask about the amount of life insurance you already own when you apply for life insurance. They want to make sure you aren't over-in...
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Yes, you can have two or more life insurance plans.

Over time you may find your need for life insurance coverage has changed, whether it's due to a life changing event, like getting married or buying a new home, or you have taken on additional debt.

No matter what the cause of your additional need for life insurance, it is possible for you to own two or more life insurance policies.

When you apply for life insurance the application has a question about any other life insurance you already own an...
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