Life Insurance & Final Expense
Term Life Insurance
One of the most cost-effective types of life insurance is term life insurance, which frequently enables you to buy a greater face value in order to replace the policyholder's income in the event of a premature death.
Term insurance policies provide coverage to the policyholder for a predetermined period of time. These policies typically last between 10 and 30 years and offer a constant premium throughout their duration.
Whole Life Insurance
A whole life insurance policy is a kind of permanent life insurance that provides lifetime protection, has guaranteed premiums, and typically develops a rising cash value.
Final Expense
Permanent whole-life plans called "Final Expense Policies" are frequently used to pay for funeral expenses (also known as "Final Expenses") so that the family of the deceased are not burdened after the policyholder passes away.