If you are a senior or a mature adult, burial or funeral insurance is a popular life insurance coverage.
In actuality, the majority of carriers that offer final expenditure packages have a lower eligibility age limit. When you reach the age of 50, you can purchase final expense plans from Fidelity Life, for instance.
Depending on your carrier and policy, last expense coverage has higher age limits as well.
Some policies payout at age 100, while others don’t, and some remain in effect until death (as long as premiums are paid).
After completing many of their primary financial obligations, such as raising children and paying off mortgages, many people see the last expense as the inevitable next step.
Final expense insurance is frequently purchased when