Cover Your Funeral Expenses with a Final Expense Plan

1. COVER YOUR FUNERAL EXPENSES WITH A FINAL EXPENSE PLAN

2. WHAT IS FINAL EXPENSE INSURANCE? Final expense insurance is a contract between you and insurance provider where you pay a monthly premium and they will protect your family members from the additional expenses of the funeral ceremony. These plans are also known as funeral expense plans or burial expense plans.

3. WHY SHOULD YOU HAVE A FINAL EXPENSE INSURANCE There are various benefits of having a final expense insurance including: ❖ You can choose your preferred funeral type and funeral home ❖ Funeral ceremony takes place as per the wish of deceased ❖ Funeral homes receive the payment directly ❖ Family members don’t need to pay for anything

4. TYPES OF FINAL EXPENSE INSURANCE Final expense insurance offers a range of policies including: ❖ Standard Burial Plan Under the standard burial plans, you get an ordinary burial service with a basic casket at the graveside and the loved ones would have to pay for the costs of the cemetery plot, flowers, headstone, a wake ceremony and other funeral-related expenses. ❖ Full-Service Funeral Plan These plans come with comprehensive benefits along with providing the cover for basic funeral expenses. Under these plans, you get a cover for the costs of a casket, headstone, cemetery plot, flowers, hearse, entombment, transportation and a memorial ceremony.

5. MAXIMUM COVERAGE AMOUNT Funeral expense plans are known for providing a suitable coverage as per the requirements of the policy buyer. Depending on the type of funeral, wake ceremony and other preferences of the policy buyer, the insurance providers offers a suitable coverage amount maximum up to $100,000 to cover all their expenses. HOW ARE THE PREMIUMS DECIDED? Insurance premiums are decided on the base of various factors such as whether you want to be buried or would prefer a cremation service. Whether you want a wake ceremony after the funeral or wish the relicts to be scattered in a lake. The factors will have a role in deciding the desired amount of coverage required and the premium will be decided depending on the desired coverage amount.

6. WHAT IS AARP? American Association of Retired Persons (AARP) isn’t exactly an insurance company. They are a non-profit organization that helps the retired people to choose the most suitable insurance plans for them. However, they don’t do it for free and often the premiums get little higher. ADDITIONAL FEATURES IN FINAL EXPENSE INSURANCE Some insurers also provide additional features or benefits under a final expense life insurance for seniors that include: No Age Bar: There is no age bar for buyers and people of any age can buy a final expense insurance. No Medical Exams: The medical history of buyer doesn’t have to much here and the patient with a terminal disease also can easily get funeral coverage plan without undergoing any medical examination or medical underwriting. No Waiting Period: Most of the insurance plans have no waiting period and come in to effect as soon as the insured buys a policy. This means the insured is eligible is to get the coverage instantly after buying the insurance.

7. HOW TO MAKE A CLAIM Loved ones or the beneficiary of the insured can make a claim in the following three ways: Information: The beneficiary or loved ones need to inform the insurance provider about the death of the insured as soon as possible. Death Certificate: The loved ones or the beneficiary may also need to produce the death certificate provided by the concerned hospital. Proof of Relation: The beneficiary may also need to prove their relation with deceased before the insurer directly pays to the funeral home where the funeral is scheduled to happen.

8. EXCLUSIONS IN FINAL EXPENSE INSURANCE The insured may not receive the cover for final expense if you • Die a natural death within 2 years of the buying the policy. A full refund of premiums will be provided to the beneficiary. • Suicide within 2 years of buying the policy • Misrepresent the required information to the insurance provider If the policy becomes void except for the case of fraud, you will get a refund of all the premiums made from the effective date of the policy.

9. GET INSURANCE AT BEST PRICES! Optinsure is known for providing cheap final expense insurance quotes from a range of reputed and trusted insurers and allows the buyers to compare them for their benefits. Contact us to avail top insurance quotes easily and choose a cheap funeral insurance plan as per your coverage requirements. Website: https://www.optinsure.com Tel: +1 (908) 232-9968 Email: quote@optinsure.com