Don’t let debt be your legacy.

Final expense life insurance is an attractive way to plan for end-of-life needs since it offers:

• More affordable premiums than other permanent life insurance products
• Lower coverage amounts, $25,000 or less, targeted to meet your final obligations
• Simplicity with limited underwriting completed during the application process and no medical exam
• Income tax-free death benefits, so the proceeds all go to your beneficiaries as you intend

Learn about Forethought^® Freedom℠

We all prepare for the possible, so why not plan for the inevitable? Although you may not have thought about it before, funeral expenses rank among the most expensive purchases a consumer will ever make. Planning ahead is a vital way to help ensure that your hard earned assets are not vulnerable if you apply for Medical Assistance (Medicaid)* or need nursing care.  

Transferring the ownership of a Forethought life policy to a Forethought Trust Plans℠ may exclude your policy from counting as a resource for Medicaid eligibility purposes. The death benefit payable under the policy is designated first to pay for your funeral expenses. Any remaining proceeds will pass to your estate or beneficiary, depending on the plan you choose; or be recovered by the state.

Trust in your plan
Irrevocably assigning your policy and permanently transferring all ownership rights to a Forethought Trust Plan provides these benefits:

• May give you the ability to exclude your policy as an asset when applying  to qualify for Medicaid and Supplemental Security Income (SSI)*
• Policy proceeds are paid to the Trust, which then pays funeral costs
• Funds used for funeral expenses are protected from creditors, such as nursing homes, hospitals, lawyers, etc.
• Proceeds used for funeral expenses will avoid probate costs and delays

Final expense planning gives you the peace of mind to continue living life to the fullest.  Don’t leave debt as your final legacy to those you love. You can save your family from this financial burden.

For more information on protecting your assets with a Forethought Trust Plan, please contact us at ask.us@forethought.com.