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Final expense life insurance, sometimes referred to as guaranteed issue, guaranteed acceptance, funeral or burial insurance, is a type of whole life insurance designed to cover end-of-life ...
Burial insurance is sometimes referred to as final expense, pre-need or funeral insurance. All are designed to cover the costs of your funeral and other end-of-life expenses.
Final expense insurance is designed to help cover end-of-life expenses, like funeral costs and medical bills. Like guaranteed issue life insurance, it offers low premiums and a modest death ...
Life insurance (or life assurance ... These may also be marketed as final expense insurance or burial insurance and usually have death benefits between $1,000 and ...
Life insurance provides a monetary benefit to a decedent's family or other designated beneficiary, and may specifically provide for income to an insured person's family, burial, funeral and other final expenses. Life insurance policies often allow the option of having the proceeds paid to the beneficiary either in a lump sum cash payment or an ...
In 2006, Settlers Life Insurance Company (Bristol, VA) merged with and into NGL. The combined entity immediately changed its name to Settlers Life Insurance Company and focused sales on primarily final expense insurance. Two years later, in 2008, NGL purchased Key life Insurance Company (Indianapolis, IN), acquiring 8,700 policies.
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