Final Expense Quotes Life Insurance Review
ConsumersAdvocate.org Rating: 7.9 / 10 (Very good)
Final Expense Quotes is an online marketplace that helps users quickly connect with the country’s leading life insurance providers, in order to find a plan that provides financial assistance to the family members who must undergo burying the plan holder. After filling out some simple information, clients can easily get multiple quotes from its network of life insurance companies. Some Final Expense Quotes partners include companies such as AIG Direct, Fidelity Life, Mass Mutual Financial Group, Prudential, and New York Life.
Final Expense Quotes partners with industry leaders in life insurance, in order to provide their customers with a wide selection of plans to choose from. Costs covered explicitly deal with all the various details outlined for the policy holder's desired funeral. Due to the large costs of a funeral, being covered allows you to save money, by making periodic payments for the remainder of the policy holder's life or an allotted term. Specific details vary according to the company selected.
Types of Insurance
Generally speaking, there are two types of common final expenses.
Term Insurance provides a coverage period with the two most common time allotments being 15 and 20 years. Permanent Insurance holds its value until the beneficiary passes away. Since final expense insurance is designed specifically for one purpose, both types usually have low monthly installments, which make them an easy choice for retired people with fixed incomes. Another benefit of funeral insurance is that you're exempt from the medical constraints and questions required for whole life insurance.
Below are some of the companies included in Final Expense Quotes’ network of carriers.
- AIG Direct
- Fidelity Life
- Mass Mutual Financial Group
- New York Life
Final Expense Quotes – Final Thoughts
Final Expense Quotes is an excellent resource for finding rates quickly and efficiently, based on each customer's specific needs. Before deciding on a final company, it's a good idea to consult with a funeral director, in order to get a better idea of all the expenses associated with funerals. Some factors include cremation or burial, choice of casket, and the size of the service.