Final Expense
Why do I need a final expense plan?
Dying can be devastating to loved ones finances. No one wants to leave a legacy of debt to those they care about.
An average funeral’s expenses come close to $10,000.
Social security only pays a death benefit of $255 (in 2020) to a surviving spouse, and nothing to adult children.
A spouse will lose their husband or wife’s social security income and often times the household bills stay the same.
what are final expense plans?
Final expense plans are a type of low cost whole life insurance that allow us to protect our families from the burdens of funeral costs, medical bills, and other expenses that will occur when we leave.
They are designed for those ages 40-90 regardless of health and are usually between $2,000 - $50,000 in benefit.
There is no medical exam and your monthly price will not go up.
Features included can help take care of serious medical issues while you are still alive at no additional cost.
Easy to apply and you can be approved immediately over the phone, or because we are local, we can sit with you at your kitchen table.
Why is gateway the best option for me and those i care about?
Gateway has nationwide access to nearly 50 different life insurance carriers.
Many websites and TV commercial 1-800 numbers have direct tie-ins to insurance companies and will have a bias in their recommendations that might not be in your best interest.
When you speak with an insurance carrier directly, they are going to tell you that their product is the best regardless of its fit for your unique situation.
Gateway is not beholden to any insurance company and works as your agent to find the best options.
We are not here to sell a specific brand name. Our focus is to find the company that will give you the most amount of coverage for the lowest cost.
How much does a final expense policy cost?
We understand being on a fixed income can be stressful. Saving money where you can is important and its why Gateway is here to help.
Every final expense company has a different set of criteria for pricing based on age, gender, height, weight and health. There are quite a few different plans out there and determining which is best for us and our family can be a daunting task.
Gateway takes care of the shopping for you. We explain the pros and cons and give you our unbiased opinion.
We walk you through the application process from start to finish and can get you back to your busy schedule knowing you received great coverage at a great price.
Can i find a cheaper price by going directly to the insurance carrier?
NO. There are no mark-ups or rebates with this type of insurance. The pricing is set at the state level and does not change because you worked with Gateway.
Gateway does not charge you to do your insurance shopping for you. You will not receive a bill for insurance from Gateway.
The only determining factors of how much the insurance costs are age, health, tobacco use and insurance carrier.
You can spend your valuable time calling up individual insurance companies for days dealing with sales people, or you can let us take care of it for you.
Gateway doing the shopping for you means you won’t have 10 different insurance companies calling you at dinner time every night and flooding your email with spam long after you have your plan in place.
Instead of giving your personal details to someone in a call center who will never speak with you again, you have access to a trusted local advisor who you will know by name. An advisor who can remind you of details about your coverage years from now, answer questions for you and your family members, and help your family when the time comes for them to make a claim.
Gateway is the perfect company to reach out to for someone looking to take care of their loved ones. Gateway does the shopping for you and you are not subject to mark ups or fees for insurance from Gateway.
Please get a quote and let us prove it to you.