If the policy has no waiting period, you get an immediate death benefit. So even if you die the day after you make your first payment, you are entitled to...
Since the 1980s, a traditional funeral service costs have been steadily rising, and those who do not pre-plan funeral expenses could pay more than intended.
With a name like final expense insurance, most would assume it only has one use. But as you will see, there are a variety of ways to interpret what a final expense is.
Whole life finale expense policies will never expire. If the policy you choose to purchase is only set for a specific term, it will eventually expire.