Insurance Planning
Guaranteed Issue Life Insurance
Guaranteed Issue Life Insurance is a type of whole life insurance policy designed for individuals who may have difficulty qualifying for traditional coverage due to age or health issues. It requires no medical exams or health questions, making approval virtually automatic. While coverage amounts are typically lower and premiums higher, it's a practical option for covering final expenses like funeral costs or outstanding debts. This policy often includes a graded death benefit, meaning full benefits may not be paid out until after a set period (usually two to three years).
Final Expense & Funeral Planning
Final Expense Insurance and Funeral Planning provide peace of mind by covering the costs associated with end-of-life expenses, such as funeral services, burial or cremation, and medical bills. Final Expense Insurance is a type of whole life insurance with smaller benefit amounts, typically ranging from $5,000 to $25,000, designed specifically to ease the financial burden on loved ones. When paired with thoughtful funeral planning, it ensures that your wishes are honored and your family is not left with unexpected costs or difficult decisions during an emotional time.
Long-Term Care Insurance
Long-Term Care Insurance helps cover the cost of care services needed when you can no longer perform everyday activities on your own due to aging, illness, or disability. This may include assistance at home, in an assisted living facility, or in a nursing home. Without this coverage, long-term care costs can quickly deplete savings. Having a policy in place protects your assets, preserves your independence, and relieves family members from the financial and emotional burden of providing care.
