Whether expected or not, death can be expensive, and more often than not, most families don’t have the funds to cover the costs of final expenses, which can include the cost of a casket, a headstone, burial plot, funeral arrangements and a burial. While cremation is slightly less expensive than a burial, it is still fairly costly. Foresters final expense insurance is designed to help families cover the cost of a loved one’s death so as to ease the financial burden that death could impose on a family.
If you don’t want your family members to dip into their savings when you pass, and if you don’t want them to have to worry about how they’re going to pay for a funeral, a burial and everything in between, look into a final expenses policy. Most policies are inexpensive but they go a long way towards relieving your family of the potential financial burden of your passing.
You may be wondering how Forester’s final expense insurance differs from life insurance. While it is true that many people use life insurance to pay for funeral expenses, you may want your life insurance policy to provide your loved ones with some semblance of financial stability after you pass. Funeral and burial costs can eat up much of the payout, leaving your loved ones with less money to care for themselves once you’re gone. Final expense insurance is separate and can pay for the whole of your burial expenses so that your family doesn’t have to dip into the much-needed life insurance disbursement.