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When Filing for Bankruptcy, What Happens to Your Life Insurance?

A life insurance policy is essential to protect your financial stability and your family in the event of your sudden demise. Life insurance is encouraged for every earning professional by financial advisors. Bankruptcy is a major setback for individuals and can come with several consequences, including the loss of life insurance. Understanding how bankruptcy impacts […]

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What Should You Know About Purchasing Funeral and Final Expense Insurance for Older Adults in 2023

Introduction Regardless of how old you are, losing a parent is a terrible and painful process. The thought of your parents passing away may be the worst nightmare you’ve ever had. If you’re grieving a loss, the added stress of planning and paying for a funeral service isn’t something you need.

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Everything You Need To Know About Final Expense Insurance

What Is Final Expense Insurance? Life insurance with a reduced death benefit is called “final expense insurance,” and it’s typically used to pay for a person’s funeral and other final expenses. This type of coverage, sometimes referred to as funeral or burial insurance is intended for senior individuals (those 50 and up) who are preparing for their

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Colonial Penn’s Final Expense Plan Review

Colonial Penn provides a selection of life and final expense insurance policies that have both streamlined underwriting and a low death benefit. They’re perfect for people who require a payment large enough to cover funeral costs and have problems getting insurance elsewhere (owing to age or health). Although this firm’s final-expense offerings are competitively priced, younger,

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