Benefits of owning a life insurance policy to cover your final expenses

Anyone who has ever had to assist with funeral arrangements for a loved one who didn't have life insurance knows how stressful it can be. Not only does it take a toll on us emotionally, it can often put significant financial stress on us as well. The last thing we want to do is put our loved ones in that same situation when it comes to our own funeral.

Do you currently have life insurance? If not, have you ever considered how the costs of your funeral will be covered? Did you know the average funeral typically costs around $8,000? Would the cost of your funeral create a financial burden if your family members had to pay for it? Final expense insurance (sometimes called burial insurance or funeral insurance) can ease the financial burden and stress on grieving loved ones by covering those costs.

What is guaranteed issue life insurance?

Guaranteed issue life insurance, or guaranteed acceptance life insurance, is a kind of life insurance policy designed to cover your final expenses, including funeral and burial or cremation costs.

What are the benefits of guaranteed issue life insurance?

For those who don't currently have a life insurance policy in place to cover their final expenses, here are some benefits that guaranteed issue life insurance offers:

• You won't be denied coverage — it's always guaranteed.
• There are no medical questions or exams to take.
• It has a simple quote and application process.
• Rates are affordable and the premiums will never increase.
• The policy is issued instantly — you're guaranteed same day coverage.

Learn more

There's a lot to understand about life insurance, and we want to make sure you have all the information you need to make informed decisions about covering your funeral expenses. We encourage you to learn more and discuss your unique needs with your local State Farm® agent.

You can get a life insurance quote now, or give us a few details and a State Farm® agent will reach out to you.