Final Expense

What is Final Expense?

Stepping Stone Financial offers a service called Final Expense. This is designed by insurance companies for individuals who are over the age 65 but not looking for a traditional life insurance policy. Final Expense allows clients time and reassurance that we don’t often get when love ones are in their final season of life. This plan prepares the family by allowing to live their lives without the rushing to get affairs in order during their time of sadness. Final Expenses covers any remaining debts when the time comes, giving your loved the time to grieve and comfort during that time. Easier to qualify for

Why Apply for Final Expense?
Life is fragile. It’s often the very last thing we or anyone else talks about or plans for. However, the first thing we talk about when something happens. Here at Stepping Stone Financial, has this service as an option to pay for future funeral expenses.
Stepping Stone Financial also offers a free resource app to keep all your information safe in one place. ensuring you are prepared for these events. Many insurance companies require a death certificate before they release the funds to the beneficiary to take care of end-of-life expenses or pre-need insurance. We recommend that our clients have an emergency fund or savings to take care of any up front expenses.

We are committed to helping families plan for their future giving themselves a sense of confidence and security. Tim is available to answer any questions that you have in making sure you have the right amount of coverage.

What to expect when applying?

Applying for Final Expense insurance is a straightforward process. This type of insurance can be specifically set to cover for funeral expenses and/or any last-minute debts. To ensure that your family does not have to bear the bear the burden of these costs during a difficult time. Typically, final expense requires very little medical underwriting, making it easier and quicker to qualify for coverage compared to other insurance types (ex. life insurance or mortgage protection).

With simple applications and faster approvals, you can secure a policy without the need for medical exams or lengthy questionnaires. This process allows you to obtain the protection you are looking for promptly, providing financial relief and allowing your loved ones to focus for what truly matters-honoring your memory and celebrating your life.