With the recent popularity of Term life insurance, many people are left wondering how to pay their final expenses after their Term expires. Burial policies are unique and must have certain features to meet the needs for which they are intended:

• They must last until the funeral. Usually, that means they must be permanent. The two main types of permanent life insurance are Whole Life and Universal Life with no-lapse guarantee to age 100+.
• They must be available in face amounts under $50,000. People in their later years often do not have the need for the large minimum face amounts that most policies require.
• They must be available to people over age 50 who may have some health problems.
• They must be with reputable companies that will pay quickly when needed.

Here at Outlook, we will ask you the necessary questions to make sure you are placed with the BEST policy for your particular situation. When that comes to final expense policies, we have some especially good options. Here are some of the features:

• NO EXAM OR MEDICAL RECORDS needed
• Face amounts of $5,000 to $50,000
• Never need to be renewed, will stay in effect for life as long as premiums are paid
• Premiums and face amounts guaranteed to stay the same for life*
• Will pay 100% from day one for death by any reason in many cases
• A wide range of health conditions allowed

With the economy in the state it’s in, more and more people are uncertain if they will have the funds left to cover the basic expenses of burial and unpaid bills at the time of death.  Here are some reasons why life insurance is an excellent choice to meet those needs:

• Studies have shown that life insurance has always been dependable under varying economic conditions, with its amazing solvency rate during the Great Depression being the prime example
• Life insurance is not paid out until death, so safe from being spent while you are alive
• Generally, it’s tax free and does not have to go through probate, so easily and quickly accessible
• Life insurance is entrusted to a beneficiary you choose yourself, making it more personable and less corruptible than many other funding vehicles.

It costs less to get your burial policy now, before your Term runs out and your health changes. Call us today at 866-866-0242 Option 1 to obtain a quote!

*Some companies state they will not raise the price for an individual, but they can and do raise it at will for the entire group. NONE of our policies are like that. Our permanent Final Expense policies stay the same price for life. Period. 

Contact Information:
Written By: Peggy Mace - Life Insurance Specialist
Outlook Life Phone: 866-866-0242 x.914
Fax: 866-866-5532
http://www.outlooklife.com/peg_mace.html

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