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What is Final Expense Insurance?
Final Expense Insurance, also known as Burial Insurance or Funeral Insurance, is a type of whole life insurance policy designed to cover end-of-life expenses. This policy helps your family handle funeral costs, medical bills, outstanding debts, and other related expenses without financial stress.
Unlike traditional life insurance policies, Final Expense Insurance typically has lower coverage amounts (ranging from $5,000 to $50,000) and is easier to qualify for, making it an ideal choice for seniors and individuals looking for affordable protection.
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