Sooner or later, every family will have to face the costs associated with the passing of a loved one. Many people immediately think of funeral and burial costs when they hear the term final expenses. In reality, final expenses can include a great deal of costs, including things such as medical bills, utility bills, taxes, and credit card debt. Preparing ahead for your final expenses can help ease your family’s financial and emotional burdens during an already difficult time.
National Mutual Benefit can help you establish a life insurance program specifically designed to meet final expense needs and give your family the peace of mind they deserve. Relieve your family from overwhelming financial obligations after you are gone by putting a proper final expense plan in place today.
Flexibility and Freedom
Unlike funeral home-based preneed contracts, which buy goods and services from a specific funeral home, a life insurance policy from NMB can provide funds for your final expenses with flexibility in mind. They give you the opportunity to set aside funds for your final expenses that aren’t tied to a specific funeral home or arrangement. This gives your beneficiaries the freedom to choose how the death benefit proceeds are allocated. Given the many expenses your loved ones may encounter, life insurance will provide plenty of flexibility to cover whatever bills need to be paid.
Simplified Issue Whole Life
National Mutual Benefit’s Classic Provider I is a simplified issue whole life insurance policy. This means that there is no medical exam required—all you need to do is complete a simplified application and answer a few health questions. Issuance of the policy may depend on your answers to these questions. The policy can be paid for with guaranteed and level premiums or with a single premium payment.
Guaranteed Issue Whole Life
The Classic Provider II is a guaranteed issue whole life insurance policy. There are no medical exams or health questions required to qualify. Imperfect health will not prevent you from obtaining life insurance protection under this policy. The policy is paid for with a single premium payment.