Article provided by: DMB Soto Insurance Services

Best financial advisors in California

Financial Architects is one of the best financial advisors in California. We specialize in helping clients choose the best life and final expense insurance at affordable prices.

How does final expense insurance work?

Final expense insurance is a policy that offers coverage against financial burdens that your loved ones will face in the event of your death. Some of the costs associated with your death include final medical bills, funeral expenses, etc. This policy is different from a life insurance policy as funeral insurance only offers coverage to the value of your desired funeral expenses. However, your beneficiaries may receive a payout after meeting all your funeral expenses.

If you already have a term or whole life insurance, you do not need final expense insurance. Those who fail to get approved for life insurance can get final expense insurance to relieve their loved ones of the financial burden of meeting your funeral expenses. The cost of final expense insurance largely depends on your age at the time of you buying the insurance. We are one of the best financial advisors in California to offer affordable services.

Tips for buying life insurance

Buying the optimal life insurance to protect your family can be a daunting choice to make. You must choose the right amount of coverage and a reputable life insurance company to make it easy for your beneficiaries to access the funds after your passing away. Start by calculating a rough estimate of your policy amount that can help your family in your absence.

Make sure to compare quotes from different insurers and compare products before arriving at a final decision. Furthermore, be sure to check with your insurer about the types of policy riders they offer and enhance your coverage by customizing your policy to fit your needs and budget.

Benefits of getting a final expense insurance

If you failed to buy a life insurance policy in your late 20's or early 30's, then you still have the chance to get insured with final expense insurance. This way, you can protect your loved ones from the financial burden of paying for your funeral expenses. Here are some of the benefits of getting funeral insurance:

  • It eases the burden on your grieving loved ones at a stressful time. When you buy final expense insurance, you protect your loved ones from the financial burden of paying for your funeral.
  • When you buy the final expense policy, you can discuss your funeral wishes with your beneficiary and plan your funeral ceremony. You can make arrangements concerning things like how to disperse your remains, the type of funeral home, and plan other ceremony details.
  • Final expense insurance offers your beneficiaries immediate access to the policy payout fund. This ensures that your loved ones don't face probate delays and they do not have to pay a penny out of their pocket.

Speak to one of us at The Financial Architects and get advice and guidance from the best financial advisors in California. We work with top insurers in the country and present our clients with a wide array of competitive quotes.

DMB Soto Insurance Services
+1 909-364-9896
Best financial advisors in California
12447 Central Avenue
Chino CA 91710 US

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