- Why Forethought
- Life Insurance
- About Us
Hospital and doctor bills, outstanding debts from credit cards or loans, legal and other unexpected expenses – on top of a funeral bill – can be costly. But when you leave loved ones, you don’t want to leave your debt to them, as well.
Many people are not even aware that there is a life insurance product designed specifically to help you address end-of-life needs, so your family doesn’t have to. Final expense is whole life insurance coverage for the various costs associated with your death and final obligations. It lets your family and friends focus on grieving and paying their respects, not paying bills.
Final expense life insurance is an attractive way to plan for end-of-life needs since it offers:
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:
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 firstname.lastname@example.org.
Life insurance products are issued by Forethought Life Insurance Company.
Products are subject to state availability.