Final Expense Insurance Miami, FL

Life insurance comes in many forms—all of which help families maintain financial security after the passing of a loved one. Final expense insurance is a type of life insurance that helps families cover burial costs and other end-of-life expenses after you pass. Also known as burial insurance, this policy builds cash value that you can use during your lifetime and helps your family prepare for your loss.

Contact NSI Insurance today to request a custom quote and learn more about final expense insurance.

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Why NSI?

NSI Insurance has over 60 years of experience working with residents and families in Miami, FL to help them find affordable insurance policies that prepare them for the future. Our experienced agents will work closely with you to help you find a final expense insurance policy that meets your financial needs and provides you and your family with financial peace of mind.


What is Final Expense Insurance?

End-of-life expenses can amount to thousands of dollars. Funeral costs, medical expenses, legal costs, and other expenses can add up quickly. Final expense insurance provides families with the money they need to cover these costs.

These policies include a death benefit that is paid out to your beneficiary following your passing and can be used to cover a wide range of expenses. Depending on your policy, you may also be able to build cash value that you can use during your lifetime.


What Does It Cover?

Once your policy’s death benefit has been paid out, your beneficiary can use it for anything they deem necessary. Final expense insurance death benefits are commonly used to cover the costs incurred after the death of a loved one, which may include:

  • Funeral arrangements
  • Burial costs
  • Outstanding debts

The remaining funds can be used for anything from living expenses and paying for school to paying off existing debts. Final expense insurance grants families financial security following the death of a loved one by helping them cover necessary expenses.

Final Expense Insurance FAQs

Still have questions? Here’s what you need to know about final expense insurance in Miami, FL:

How does final expense insurance differ from life insurance?

Life insurance and final expense insurance are very similar in how they work. Both types of insurance pay out a death benefit that beneficiaries can use for any expense. Final expense insurance offers a few key benefits, including:

  • Lower premiums than standard life insurance policies
  • Medical exams are typically not required
  • Premiums can typically be paid monthly or annually

Final expense insurance is often seen as a more affordable option for individuals who may not be able to afford a standard life insurance policy.

What can the funds be used for?

Benefits are typically used to cover funeral and burial expenses, but it is not required that they be used for these costs. Benefits can be used by beneficiaries to cover any expenses that they deem necessary.

How much does final expense insurance cost?

The cost depends on several factors, including:

  • Your age
  • The amount of your death benefit
  • Tobacco usage

Your cost may be impacted by other health factors. Your NSI Insurance agent will help you find a policy that meets your financial needs.

Request a Quote

Final expense insurance offers families and policyholders invaluable peace of mind. Benefits paid out by these policies help families offset end-of-life costs and maintain financial security. Contact NSI Insurance today to get a quote and learn more about final expense insurance in Miami, FL.

Request A Quote

We specialize in more than Life Insurance! Take a look at our other coverage options below.