Final Expense Insurance

Final Expense Insurance is different from other life insurance. Traditional life insurance policies, such as term policies, are designed to replace any income lost when a loved one dies. These policies are important for families when they are working, paying a mortgage, making car payments and raising kids.

Once you have retired, paid off the mortgage and your children are out of the house, your life insurance needs change. Your focus now should be to prepare to cover any expenses that you will leave behind for your loved ones when you pass.

According to the National Funeral Directors Association, a traditional funeral can easily cost more than $10,000.¹ Social Security only offers a $255 one-time payment to the surviving spouse or an eligible child.² How will your loved ones make up the difference? With no way to pay for these expenses, surviving loved ones often experience financial burden during a time of suffering.

With Catholic Financial Life’s Final Expense Insurance in place, you can rest assured that your loved ones will be covered when you pass. Spend less time worrying about the years in your life and more time thinking about the life in your years.

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