|Address:||863 South Congress Blvd.|
|Smithville, TN 37166|
There are several different options for burial/life insurance. When choosing the plan and amount that is right for you, one thing to consider is if you are wanting enough just to cover your funeral expenses, or do you want additional money to cover any outstanding debts that you may have at your time of death and also if you wish to leave any proceeds for your loved ones. A standard Whole Life Insurance is what most people choose, because of the lower payment options and amounts start as low as $1,000 and up. With whole life insurance, the premium is based on your age, the amount of insurance you choose and if you have any medical conditions that can cause a higher premium. One very important thing to know is that the whole life insurance policy is contestable during the first two years from the date the policy is issued. If death occurs during the two year period of contestability period, each company has there policy as to how the claim is processed and paid. We also offer annuity type insurance, were you the individual set the amount that you want to pay and the money is held in an insurance trust that draws interest and the money is applied to your funeral expenses at the time of need. With a flexible annuity, you have the flexibility to pay different amounts, such as if you have an emergency and can't pay as much one month and then another month you have some additional money, the choice is yours. Another option is a single premium insurance policy, were you make one single payment to pay for your funeral expenses, with this option you select all the merchandise and services that you want, then you make the payment in full and you have the peace of mind that your funeral is paid in full and your family will not be faced with additional charges at your time of need. With the single premiums, you can make an initial payment and then you can make additional single payments as you have the money to do so and once you have paid the agreed initial funeral total, the funeral is paid in full.