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Burial & Final Expense Insurance – Peoria, IL – 888-389-8676
Peoria, IL Burial Insurance & Final Expense Plans
Typically, insurers will offer burial, or final expense, life insurance to individuals who are between age 50 and age 85. There are some insurance companies, however, that will offer coverage to those who are over age 85.
We are offering an easy online application for burial insurance plans to people in the Peoria, IL area. No cheesy insurance salesmen, just an easy online form. Questions? Save yourself a lot of time researching and call 888-389-8676 and talk to a senior final expense agent.
What Makes This Burial Insurance For Peoria, IL Residents So Wonderful
- It’s very easy to get approved
- Takes minutes to apply
- Available to anyone over 50+
- Saves a lot of pain in dealing with funeral and debt fees
- No little hidden fees
- Easy & no hassle payout process
What Is Burial Insurance?
Burial insurance policies are a type of pre-need insurance that is permanent coverage, rather than term life policies. This means that these policies do not have a specific time period – or term – of coverage, and, provided that premiums are paid, the policy will not expire. In addition, these policies will also include a cash value component where tax-deferred savings can be built up over time.
These funds may be withdrawn or borrowed against if the policy holder opts to do so. However, it is important to note that an unpaid loan or withdrawal will go against the policy’s death benefit.
How Much Coverage Can I Get?
Most companies in Peoria, IL that offer funeral policies will only insure a person up to $50,000. There are a handful that will go up to $100,000.
What If I Need More Than $50,000 of Coverage?
Since most companies in Peoria, IL will only go up to $50k in face value, it is hard for some people to obtain coverage that meets all their needs. In this case we can work with you on obtaining a Guaranteed Universal Life insurance policy (GUL). These polices start at $50,000 extra and go up from there.
Covering Taxes or Large Debt After Death
These Guaranteed Universal Life insurance policies are ideal for those who will be carrying a large amount of debt or a person who’s estate is sizeable and may face some pretty steep taxes after their death.
Be Prepared Covering Final Expenses For Burial Costs in Peoria, IL
Call us at 888-389-8676 and talk to a real person who can answer your questions on the spot.
About Peoria, IL
Peoria is the county seat of Peoria County, Illinois, and the largest city on the Illinois River.
Peoria is one of the oldest settlements in Illinois, as explorers first ventured up the Illinois River from the Mississippi. The lands that eventually would become Peoria were first settled by Europeans in 1680, when French explorers René-Robert Cavelier, Sieur de La Salle and Henri de Tonti constructed Fort Crevecoeur. This fort would later burn to the ground, and in 1813, Fort Clark, Illinois was built. When the County of Peoria was organized in 1825, Fort Clark was officially named Peoria.