Sunday, March 24, 2019

Don’t Be Without A Final Expense Policy

A  final expense policy is a permanent life insurance product which provides coverage throughout the insured’s lifetime and combines a death benefit with a savings element. 

It has level premiums where the proceeds are used to pay off final expenses. 

Such expenses can include funeral costs, medical bills, or other associated expenses.

Burial Insurance
Also called burial insurance, final expense policies are typically inexpensive and offer benefits generally up to $35,000. 

They often do not require medical exams and are favored by seniors on fixed incomes as an economic way to cover final expenses.

A Sense of Peace and Security
If you have Social Security, Medicare, and either a Medicare Supplement or Medicare Advantage, then you need a Final Expense policy to cover all of your bases. You will then feel a sense of peace and security knowing that you will not have to burden your loved ones in any way.

Applying is easy and simple. No height or weight requirements. Most health conditions accepted. 

Call (773) 614-3201 for a personally designed Final Expense policy.

Tuesday, March 12, 2019

Insure Your Children's Life - A Must For Parents

Insuring children lives are often overlooked. Parents and grandparents must consider insuring the lives of children in their care.

Children Lives Need to be Insured

While the parents and grandparents must make sure that their lives are insured first and foremost, if funds are available to insure the children, the children lives need to be insured.

Insurance Premiums for Children are Low

The insurance premiums for life insurance for children tend to be very reasonable because of their long life expectancy. However, tragedies and accidents can and do occur everyday.

And, no one wants to have to take up a collection or draw down savings to bury a child. Therefore, what amounts to less than a dollar a day. for example, for a child entering kindergarten at 6 years old, the annual premium for a 10,000 policy would be $57.60. 

This would be a whole life policy that build up cash value and one that the child can keep at a low premium once he grows up and becomes self-reliant.

One other matter to consider is that if the child become uninsurable, for whatever reason, and the existing policy is in force, it can not be cancelled by the company as long as the premium continues to be paid. 

Call (773) 614-3201 for more information on insuring your children. If you have any thoughts on this matter, leave your comments below.