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LOUISVILLE, KY, January 31, 2020 /24-7PressRelease/ -- We are happy to announce that Total Insurance Solutions is now offering final expense insurance policies to baby boomers in Kentucky.
Final expense insurance policies are affordable coverage options that can protect baby boomers and give them peace of mind that their loved ones are financially protected. The goal of these policies is to cover the funeral costs and medical expenses associated with end of life care. These costs can climb quickly, and the right policy will ensure that loved ones left behind aren't left struggling financially to cover the costs.
Baby Boomers Final Expenses
Kentucky's population continues to grow older – and continue working. More than 21 percent of the workforce in Kentucky is over the age of 55, and like the rest of the nation those over 60 make up more than 16% of the total population. This is thanks to the explosion in childbirths after World War 2 ended, and today's older Kentucky residents are settling in cities as well as smaller towns in the state including:
No matter where they settle, the fact remains that Kentucky baby boomers are at the stage of their life where they must plan for the future – and that includes finding the right kind of burial insurance plan to cover their final expenses.
Total Insurance Solutions is now offering solutions to baby boomers, and while some life insurance policies are designed to cover burial insurance and more, others may find that final expense insurance is the right call. With Total Insurance Solutions, two options for burial insurance are available – the simplified issue and guaranteed issue. Both are worth considering and can offer solutions to those in need.
Many families are surprised by the cost of a funeral, and don't realize how expensive it is until they are left facing a huge financial burden. Total Insurance Solutions insurance policies can help with this.
A Heavy Financial Burden
Burials in America aren't cheap. The average funeral today ranges from $7,000 to $12,000, and can easily exceed that depending on the items added to a funeral package. Some of the costs come from things like the following:
Hearse use fees
Funeral home usage fees
Monument or headstone purchase
Transfer of body fees
The cost of a funeral has risen more than 20% in the last decade, and is still rising. For many baby boomers, leaving behind a huge financial burden for their loved ones is unthinkable. Total Insurance Solutions offers burial insurance solutions to boomers so they don't have to worry.
As Total Insurance Solutions moves into 2020, baby boomers and their loved ones in Kentucky can contact Total Insurance Solutions agents throughout the state and find out more about their options.
About Total Insurance Solutions
Total Insurance Solutions focuses on providing final expense insurance policies to all Kentucky residents including baby boomers. Funeral costs and end of life care shouldn't be so expensive that those left behind are unable to grieve, and these policies can help provide that peace of mind.
To learn more about burial insurance and you, visit our website.
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