Some people believe that social security will pay for there final expense needs, the government only pays a lump sum of $255 for those who qualify. Many people don’t realize funeral and burial combined can cost as much as $30,000. Without being prepared for these expenses, many families become financially stressed when trying to pay these expenses, and many go into debt trying to properly grieve there loved ones.
There are two very different plans people choose, one is to prepay there funeral arrangements which will require a large outlay of cash for a service that may be decades down the road.The hard fact is funeral related expenses have tripled over the past 25 years, so many years from now when the services take place, your family will still have to be burdened with unexpected expenses.
The smart solution is guaranteed issue whole life insurance,you are not required to answer any health related questions, your premiums will never increase, your whole life policy accumulates cash value over time, Give your family the gift of peace of mind.
This is just a small amount of information about a very important subject that needs to be addressed by everyone hopefully sooner than later,call me or Pete for a no obligation consultation for your individual family needs.