The process
How final expense insurance generally works.
A simple overview of the conversation, application and policy process.
Clarify your goal
Consider the amount you would like available to help with funeral costs, debts or other final needs.
Review available products
A licensed professional can explain products available in your state and the information required to apply.
Complete an application
Applications may include eligibility or health questions, depending on the product and carrier.
Carrier decision and policy delivery
The insurer reviews the application. Coverage begins only according to the carrier's approval, policy terms and required premium.
Questions worth asking
- ✓What benefit amount fits my goal and budget?
- ✓Are benefits level, graded or otherwise limited?
- ✓What exclusions, waiting periods or limitations apply?
- ✓How long are premiums payable?
- ✓What happens if premiums are missed?