Did you know it can cost $ 7,000 to $ 15,000 to cover funeral expenses and other final costs? Your loved ones shouldn’t have to pay thousands out of pocket to cover outstanding credit card debt, medical bills, and memorial services.
If you are between 50 and 85 years old, there is an answer to that: end-of-life life insurance. These guidelines are paid out to your beneficiaries within a few days. So do not try to cover these costs in your last will. It takes weeks or months to complete the will.
It used to be complicated and time consuming to get life insurance, but thanks to sites like EverQuoteIt’s easier and more affordable than ever. You can quickly view all of your life insurance options at once so you can make the best choice.
A personal medical examination is not required. The final cost guidelines range from $ 5,000 to $ 30,000. You could get $ 10,000 coverage for just $ 26.08 per month. *
There are no hidden fees and no monthly payment increases. As long as you make your payments on time, your cover cannot be canceled or depreciated.
Get up to $ 1M in life insurance coverage
EverQuote is an online marketplace that helps people find life insurance. Do you need a term, a whole life or a permanent cost recovery? EverQuote will walk you through the process of finding the right coverage for you.
Even if they think If you don’t qualify for life insurance, EverQuote can help you find a policy for you. You’ve already helped more than 5 million people find out.
You have to fill out a fairly detailed form, but it is all the essential information to ensure you get the most accurate quote. Do you smoke? Are you an avid sky diver? Once you have answered these questions, you will be connected to a licensed insurance agent who will find the coverage that makes the most sense for you.
You can leave up to $ 1 million in term life insurance for your family, and prices start at as low as $ 7 a month **. Whether you need it for 10 years, 30 years, or your entire life, EverQuote can find the right policy for you and your budget. Start here – It’ll only take a few minutes.
* The price for the final cost recovery applies to a 50-year-old non-smoker.
** The price for term life insurance applies to a 30-year-old non-smoker.
This article originally appeared on www.thepennyhoarder.com