Saturday, 25 May 2019

Wise With Money: Final Expense Life Insurance – A simple option for an inevitable issue

Do you have a way to pay for final expenses after you’re gone?

Thrivent Financial cites a 2015 survey by the National Funeral Directors Association that estimates the national median cost of a funeral is now more than $7,000.00. Final expenses are often more than just funeral costs, however, and may include additional expenses like unpaid medical bills, unpaid debt, immediate household expenses and even estate settlement costs. With these kinds of expenses and the future thrown into flux, having a plan for final expenses can be one of the most generous acts you can do for you loved ones.