Final Expense - MO | MO Life Broker

What is Final Expense Insurance?

Final expense insurance is a policy formulated to cover the burial expenses of the insured, as well as other final expenses. These costs usually comprise medical bills and financial obligations that are left behind. It offers a smaller death benefit amount than other life insurance policies, typically between $2,000 to $50,000.

Final expense plans are easy to qualify for.

Characteristics of Final Expense

Final expense insurance plans allow you to select a beneficiary. Most times, people choose a partner or relative to serve as a beneficiary.
Final expense can take care of several costs. It empowers those you have left behind to direct the benefits for the expenses they need to pay instead of just covering funeral costs.
You will not be required to pass any medical assessment to get coverage, and your policy will not be canceled due to changing health outcomes. Final expense insurance is available to those with severe health conditions who do not qualify for other life insurance policies.

Need help deciding if a final expense policy is right for you? Contact John Stagner with MO Life Broker today to discuss your eligibility and coverage options!