Final Expense Life Insurance
Life is unpredictable, but you can take steps to protect your family's financial future. With Provision Insurance's multiple carriers of Final Expense Life Insurance, you can help ensure that money isn’t their main concern during difficult times.
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Final expense life insurance is a type of life policy designed to be more affordable while covering the costs that come at life’s final stage. These expenses can add up quickly, often reaching thousands of dollars. Having a final expense plan in place can help ease the financial burden, allowing your loved ones to focus on what truly matters—healing and remembrance
How can Final Expense Insurance help you?
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Funeral and Burial Expenses
Funerals can be one of the biggest expenses your family faces, with the average cost reaching $8,300. While many assume cremation is a much cheaper option, it typically costs only 28% less than a traditional funeral.
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Legal & Accounting Costs
The probate process and associated legal and accounting fees can be a surprising burden for your family and loved ones. Costs vary by state, and the process itself can take months or even years to complete.
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Out-of-Pocket Medical Bills
Even with Medicare or private insurance, elderly households can still face significant financial strain due to out-of-pocket healthcare costs at the end of life.