TermInsuranceQuotes.com has introduced a section of the website that explains the purpose of final expense insurance. This type of coverage plays an important role in long-term planning.
Online PR News – 15-July-2011 – – TermInsuranceQuotes.com has established a final expense guide that assists users in lifetime financial planning. Final expense insurance describes the types of coverage that offer financial assistance after a death. As funeral and burial expenses continue to rise exorbitantly, the site has focused on empowering consumers with enhanced end-of-life insurance information.
“It is not the most comfortable topic to discuss, but it is a reality for all of us,” TermInsuranceQuotes.com company spokesperson Max Bettfield said. “Insurance for final expenses is important because it is closely tied to our individual legacies.”
These special types of policies typically cover under $50,000 and feature a streamlined underwriting process. Lifestyle and invasive health background questions are usually replaced by several basic health questions. Guaranteed issue plans often allow an individual to bypass the customary medical exam.
“Too many people have skirted the topic of final expense coverage, and there are many devastating stories out there,” Bettfield said. “Our goal is to help our customers avoid this unnecessary worry about the future.”
Once the consumer has researched and determined the most favorable type of final expense coverage, he or she can use the secure form to compare quotes from reputable term life insurance companies for free.