If you don’t know your options, it can be discouraging to look for life insurance when you’re older than 50. It’s a commonly held belief that insurance over 50 is expensive and difficult to get. But the truth is, it is possible to find an affordable insurance policy, even when you have health concerns, that [...]
If you’re considering planning for your funeral ahead of time, you’re making a smart choice; doing so can save your family both money and decision-making during an emotional period. Luckily, there are many options available when it comes to planning your funeral in advance. We’ll cover the two main options: pre-need plans and final expense [...]
Life insurance is one of the most trusted ways to provide for loved ones after you’ve passed. But deciding which policy is right for you can be challenging. What kind of life insurance should you have? How much is enough? What’s the best life insurance to have at your age? Life insurance for seniors is [...]
Can You Get Life Insurance for Your Parents? Yes, you can purchase life insurance for your parents to help cover the final expenses they leave behind. Doing so can provide peace of mind for you and your family during this difficult time. In order to buy a policy on a parent, you will need their [...]
What is the Funeral Consumer Guardian Society®? Every Lincoln Heritage Funeral Advantage® policy comes with a free membership to the Funeral Consumer Guardian Society®, an independent consumer advocate organization founded in 2000 to provide professional guidance to member families during the funeral planning process. The FCGS ensures families have the information they need to make [...]
Life insurance can be a difficult topic. The subject is complicated, the options are many, and we often feel uncomfortable planning for the end of life. In addition, while most people recognize the value of life insurance, many are unsure about which type is best for them. Whole life insurance is a great option for [...]
When shopping for life insurance, you’ll find that some insurance providers ask you to take an extensive medical exam – while others simply ask a few health questions. Regardless of the approach they take, insurance providers are simply trying to determine how much risk you’d present if you took out a policy with them. As [...]
Selecting the right life insurance agent is an important first step in ensuring you have someone on your side as you go through the world of insurance. Treat the search for an insurance agent as you would treat a search for a doctor or lawyer: seek multiple opinions and don’t settle for someone you’re not [...]
Not all life insurance policies require a medical exam. Smaller policies – like final expense insurance (also known as “burial insurance” or “funeral insurance”) – typically only require answers to health questions. For larger policies – like term insurance – several factors determine whether a life insurance exam is required. These can include the consumer’s [...]
You’ve settled down. You and your significant other left the apartment life behind and bought your first house. You both have careers, but maybe one of you wants to stay home now that there’s a baby in the house. And your old compact car wouldn’t accommodate a proper child seat, so there’s a new, safer [...]
What Is the Key Difference Between Term Life & Whole Life Insurance? Term life and whole life insurance are both insurance policies that allow you to leave a cash benefit for your beneficiaries after you pass. Term life is a temporary insurance policy that is less expensive but has an expiration date. Whole life insurance [...]
It’s easy to put off thinking about paying for something that seems so far in the future. After all, there always seem to be competing needs– perhaps retirement funds, college tuition, home renovation, or paying off debt. But thinking ahead about how you’re going to pay for your funeral one day can be a smart [...]
Washington, DC, burial insurance (also known as final expense life insurance or funeral insurance) is a type of whole life policy that protects your family from common end-of-life expenses like funeral costs, medical bills, final utility bills, and anything else left behind by the deceased. A funeral insurance policy in Washington, DC, can also help [...]
If you’re researching funeral options in Colorado, you’ve likely noticed that they are certainly expensive. Fortunately, final expense life insurance (also known as funeral insurance) can help protect your family from the high cost of end-of-life expenses. This type of life insurance covers things like the costs associated with a funeral, medical bills, final car [...]
In Indiana, the average cost for a burial and funeral is $5,600. This price tag doesn’t include the casket, flowers, and other miscellaneous things typically involved in a funeral. When you add up all the extras, final arrangements can easily top $9,000. And if you pass unexpectedly without an insurance policy, your family may struggle [...]
As the cost of funerals continues to rise across the nation, people are looking into products like funeral insurance, also known as final expense insurance, to help pay for their end-of-life expenses. They know that if they pass without making arrangements for their final expenses, their loved ones will have to shoulder the burden. And [...]
Burial insurance is also known as “funeral insurance” and is an easy-to-qualify for, low coverage, whole life insurance policy designed to cover end of life expenses like medical bills, funeral expenses, and other debts that are left behind when you pass. Most burial insurance plans are affordable, have fixed premiums, and can be issued quickly. [...]
