Did you know funeral costs and other final expenses can cost $7 to $15K? If you’re over 50, you can get coverage for this through EverQuote for as little as $26 per month. This was originally published on The...
Did you know it can cost $7,000 to $15,000 to cover funeral costs and other final expenses? Your loved ones shouldn’t have to pay thousands out of their own pockets to cover outstanding credit card debt, medical bills and memorial services.
If you’re between the ages of 50 and 85, there’s an answer for this: a final expense life insurance policy. These policies pay out to your beneficiaries in just a few days, so don’t try to cover those expenses in your last will and testament. Wills take weeks or months to fully settle.
Getting life insurance used to be complicated and time-consuming, but thanks to websites like EverQuote, it’s easier and more affordable than ever. You’ll be able to quickly see all of your life insurance options at once, helping you make the best choice.
No in-person medical exam is necessary. Final expense policies range from $5,000 to $30,000 in value. You could get $10,000 in coverage for as little as $26.08 per month.*
There are no hidden fees and no monthly payment increases. As long as you make your payments on time, your coverage can’t be canceled or reduced in value.
Get Up to $1M in Life Insurance Coverage
EverQuote is an online marketplace that helps people find life insurance. Do you need term life, whole life or final expense coverage? EverQuote will walk you through the process to find the right amount of coverage for you.
Even if you think you don’t qualify for life insurance, EverQuote can help find a policy for you. They’ve already helped more than 5 million people figure it out.
You’ll need to fill out a pretty detailed form, but it’s all important information to make sure you get the most accurate quote. Do you smoke? Are you an avid sky-diver? Once you answer these questions, you’ll be connected to a licensed insurance agent, who will find the coverage that makes the most sense for you.
You can leave your family up to $1 million in term life insurance, and rates start as low as $7 a month**. So whether you need it for 10 years, 30 years or your whole life, EverQuote can find the right policy for you and your budget. Get started here — it just takes a few minutes.
*Rate for final expense coverage is for a 50-year-old non-smoking woman.
**Rate for term life insurance is for a 30-year-old non-smoking woman.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.