The One Mistake Most Seniors Make When Choosing Final Expense Insurance

The thought of our own mortality becomes more prevalent. You may start to think about what will happen to your loved ones when we're no longer around.. This is why, many seniors opt for final expense insurance to ensure their end-of-life expenses are taken care of. However.. There's that one mistake that most seniors make when choosing final expense insurance that can leave their loved ones with more burden than relief.     The mistake is... choosing the cheapest option available without considering the coverage and benefits included.   Many seniors are on a fixed income and want to save money wherever they can, but this mentality can backfire when it comes to insurance.   Cheaper policies often have lower coverage limits and fewer benefits, which means loved ones may…

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The Shocking Truth About Funeral Costs You Need to Know Before It’s Too Late!

When it comes to death, no one actually wants to deal with the cost and funeral expense. However the reality is funerals in United States are shockingly expensive. According to the National Funeral Directors Association, average funeral costs in 2023 are over $11,000. This includes basic services like transportation of the deceased, embalming, and a casket. However, it doesn't account for other expenses like burial plots, headstones, and memorial services. When you add these costs, the total can easily exceed $20,000. The Impact of Rising Funeral Costs Funeral costs have been steadily rising over the years, and the trend is expected to continue. In fact, the cost of a funeral has increased by more than 28% over the past decade alone. This means that if you're not planning for these costs,…

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