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What is Final Expense Insurance?

New Spectrum Life

Have you ever attended an amazing wedding? One where there were ice sculptures, chocolate fountains, an amazing catered gourmet meal, and a string quartet? You naturally leaned over to your date or thought to yourself, "This had to cost a pretty penny!"


What is interesting is that many of us have been to a beautiful wedding in a spectacular venue and we start to think about what it took to put it all together. However, when we have to attend a memorial service for a friend or loved one that has passed, we don't think about the cost involved or what happens after for those left behind.


Depending on where you live and what things are important to you and your family the average funeral can cost anywhere from $6,000 - $25,000. And that is for the funeral. When you think about final medical bills from hospice, doctors, credit cards, mortgage payments, car payments, etc. then the number only increases based on the lifestyle you led and will leave behind for others.


Final Expense Insurance is a type of insurance policy that is designed to cover these types of expenses one leaves behind. You can select the amount of coverage you would like to minimize the financial burden left behind for your loved ones.


If you would like to learn more about affordable options to protect and secure your family's financial future call us to speak to a licensed agent who can review with you your options. Call us at 1-800-604-1044 today.

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