Final Expense

Final Expense Insurance, also known as burial insurance, is designed to cover end-of-life expenses such as funeral costs, medical bills, and other debts. At Ed Banks Insurance Agency, we understand how important it is to ease the financial burden on your loved ones during a difficult time. Final Expense Insurance provides a simple and affordable way to ensure your family is not left with unexpected costs.

Final Expense policies generally offer smaller death benefit amounts compared to traditional life insurance, ranging from $5,000 to $25,000. This makes them more affordable and accessible, especially for those who may not qualify for larger life insurance policies due to age or health conditions. These policies are often easier to qualify for, with limited medical underwriting.

Final Expense Insurance is specifically designed to cover funeral and burial costs, which can be higher than expected. The average funeral today can range between $7,000 and $12,000. Having a final expense policy in place allows your family to focus on grieving and honoring your memory without worrying about covering the costs.

Beyond funeral costs, the death benefit from Final Expense Insurance can help pay off medical bills or other outstanding debts, offering your family peace of mind. At Ed Banks Insurance Agency, we provide Final Expense Insurance options tailored to fit your needs and budget, ensuring you can leave a lasting financial legacy without leaving behind unexpected burdens.