John J. Ashford graduated from Euless Texas' Trinity High School in 2010. Shortly after he followed in the Texas family Medicare insurance business. He earned his Texas Insurance license in 2011. He is a Founding Member of Ashford Insurance Services, LLC. John also is considered an Independent Insurance Agent, being able to offer insurance plans from multiple insurance carriers in Texas.
Funeral Expense Insurance is just that, an insurance policy that pays the costs associated with your funeral. The costs of a modest funeral can vary upwards from $5,000 and average around$10,000. There are several different forms of these policies available to assist you with planning for your end of life costs.
Funeral expense insurance can be used to pay for the cost of the funeral alone, or it can cover additional final expenses such as outstanding medical bills, legal costs, or any other debts that you owe, such as credit card bills.
Some of the different types of Burial Insurance policies include:
Preneed Funeral Insurance: This is directly or indirectly linked to a funeral service provider. They have installment payment plans for either 1, 3 5, 7, or 10 years and will remain in effect for your entire life after the premiums are paid. These policies can be either a permanent policy or a term insurance policy. Sometimes you can get a free dinner for attending one of their sales seminars.
Final Expense Insurance: This type of policy is not linked to a funeral service provider and tends to be cheaper than preneed funeral insurance. It may consist of either a term or a permanent life insurance policy.
Burial Insurance: This type of policy is usually a term life insurance policy with lower death benefits such as $5,000 to $15,000 dollars. The death benefits are paid to a named beneficiary who can use the death benefits in the manner of their choosing.
Sometimes, you can also factor in funeral coverage in the life insurance policy of your choosing, like:
Term life insurance: This is a type of insurance policy that covers you for a specific period of time such as a 5, 10, 15, 20, 25 or 30 year term. These policies cover death benefits only.
Permanent insurance: This can be purchased as either a whole life policy or a universal life policy, and is more expensive than a term policy. It covers you for your entire life and also comes with a cash value accumulation feature.
Additionally, smaller death benefit policies can be purchased in some “guaranteed” life insurance policies. These policies do not require a medical exam or a medical questionnaire for coverage. These policies will cost more than policies that do require a medical exam. However, they are ideal for those who have a life threatening or terminal illness and cannot find insurance coverage from a standard insurance carrier.
3113 Willow Creek Way
Bedford, TX 76021
Mon - Fri 8:30 - 7:00
Ashford Insurance Services offers Burial Insurance to help pay for your final expenses so you do not leave a burden on your loved ones.
Ashford Insurance Services, LLC in Bedford Texas is an Independent Insurance Agency specializing in Texas Medicare Insurance for Seniors Online.
Mon - Fri 8:30 - 7:00
* Not connected with or endorsed by the US Government or the Federal Medicare program. Call to receive complete information including benefits, costs, eligibility requirements, exclusions and limitations.
** Calling any of the above numbers will direct you to a Licensed Sales Agent
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