Final expense insurance, also known as burial insurance, is often combined with a life insurance policy. It exists to cover funeral costs that fall upon family in the event of their family member’s death. On average, those bills exceed $7,500 which can cause a strain on a family without this kind of coverage. Unlike a life insurance policy, final expense pays out quickly to its beneficiary.
The graphic below helps emphasize the importance of Final Expense Insurance. Feel free to use it with your prospects.