At some point, many of us will face the need for final expense insurance. Without a dedicated fund set aside for these expenses, our loved ones may find it challenging to gather the necessary funds to give us the service and burial we’d want after we’ve passed.

Leaving substantial debts can be overwhelming for family members. Final expense insurance steps in to ease this burden, allowing families to mourn their loved ones without the stress of unexpected costs. The good news is that final expense insurance presents an affordable whole life insurance option, providing a solution to these concerns.

Think of final expense coverage as your own customized life insurance plan. You get to choose a specific dollar amount, known as the “face value,” and then keep the plan going by making periodic premium payments. If, heaven forbid, something happens to you while the policy is active, the insurance company steps in and directs the death benefit to the people you’ve personally named as beneficiaries—whether it’s the funeral home or your loved one’s.  It’s like a thoughtful way of making sure your final wishes are met, while also providing some peace of mind and financial support for your loved ones.