Final expenses

You have a legacy and you want to share it with your family. You want to make sure that they have enough money to honor your life and pay for your final expenses. But how can you be sure that your family will be able to afford the costs of your funeral, burial, or cremation? That’s why you need a smart final expense planning strategy that can help you prepare for the inevitable and ease your family’s burden. At Wealth Ladder Consulting, we help you understand your final expense planning options and make smart final expense planning decisions for legacy protection. We use a simple and affordable final expense planning approach that uses the benefits of a special type of life insurance policy. This type of life insurance policy is a permanent coverage, meaning it can last your entire life and build cash value. Unlike other types of life insurance, this policy allows you to link the cash value to a market index, such as the MSCI EAFE, without directly investing in the market. This way, you can enjoy the potential growth of the market, up to a certain limit, without risking losses if the market goes down. The policy also guarantees a minimum interest rate for your cash value, regardless of the market performance.

This type of life insurance policy can help you increase your final expense planning and security, as it can give you:

A small amount of coverage that can cover the costs of your final expenses, such as funeral, burial, or cremation. This can help your family avoid the stress and hassle of paying for these expenses out of pocket or using their savings.

A lifelong protection and a cash value that can give you income and security for as long as you live, no matter how long you live. This can help you supplement your retirement income, pay for medical expenses, and leave a legacy for your loved ones.

A way to access your money when you need it, as the cash value can be withdrawn or borrowed from at any time, without any restrictions or penalties, as long as you follow the rules of the policy.

A way to protect yourself from market risk, as the cash value and the death benefit are guaranteed by the insurance company, as long as the policy stays active and the premiums are paid.

We can help you create a life insurance policy that fits your needs, goals, and risk level. We can help you pick the type of policy, the amount of coverage, the premium payment plan, the market index, and the withdrawal and loan strategies that work best for you. We can also help you check and change your policy over time, as your situation and goals may change.

We can help you see how your policy is doing, update who gets the money when you die, and make any changes to your policy to make sure that it gives you the best tax benefits. If you want to know more about how we can help you boost your final expense planning and security with a special type of life insurance policy, please contact us today for a free chat. We are happy to hear from you and help you protect your legacy.