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Burial insurance is a type of whole life insurance policy that can be used to cover your burial and other funeral costs. You can generally purchase one of these policies after you turn 50 to help ...
Final expense insurance is a straightforward option designed to help cover end-of-life costs, such as funeral expenses, medical bills and outstanding debts.
According to the National Funeral Directors Association, the average cost of a funeral ranges from $6,280 to $8,300 as of 2023. Life insurance could provide your family with financial security and ...
Colonial Penn, which began as an insurance provider through AARP focused on people over 65, [1] now has a marketing campaign that is aimed at people between the age of 50 and 85, specializing in “guaranteed acceptance whole life insurance“ and to help their families cover funeral costs after the individual dies. The company's name comes ...
These policies are often low face value whole life insurance policies, allowing individuals (ages 50-90) to purchase affordable insurance later in life. These may also be marketed as final expense insurance or burial insurance and usually have death benefits between $1,000 and $50,000.
National Guardian Life Insurance Company (NGL) is an American insurance company located in Madison, Wisconsin. It was formed in 1909 and is an independent mutual life insurance company and is licensed to do business in 49 states and the District of Columbia. [1] In 2011 NGL received an A− (Excellent) rating from A.M. Best. [2]
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