Réginald Boulos répond aux questions de Valery NUMA. Il révèle certaines choses ainsi que les raisons pour lesquelles il a choisi de financer le président Jovenel Moise

Réginald Boulos répond aux questions de Valery NUMA. Il révèle certaines choses ainsi que les raisons pour lesquelles il a choisi de financer le président Jovenel Moise pendant la campagne électorale - Détails ci-dessous...

 

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Burial insurance and final expense insurance policies are typically whole life insurance policies with low death benefits and limited underwriting.

Though these policies may be referred to as burial insurance, final expense insurance or funeral insurance, these are just the different names used to market the policies. Burial insurance is primarily designed for seniors that want to make sure their family has money to cover the costs of a funeral or pay off a debt when they pass away.

Burial insurance and final expense insurance aren’t actually different types of life insurance policies. They’re both just terms that typically refer to whole life insurance policies for seniors with death benefits below $50,000. This means coverage lasts for the entirety of your life and, when you pass away, your beneficiaries will typically just receive a payout large enough to cover the cost of your funeral. Burial insurance policies typically have a shortened underwriting process, either with no medical exam or guaranteed acceptance. Since there’s limited health information provided to the insurer, final expense insurance policies are typically more expensive than fully underwritten whole life insurance policies.