The LoveLife Group updated their final expense insurance plans to provide those disproportionately affected by the recent pandemic with affordable options to cover funeral expenses.
The LoveLife Group, a Cherry Hill, NJ-based group of insurance agents, updated their final expense insurance benefits. The group specializes in finding innovative ways of providing insurance plans and programs to fixed-income seniors to pay for end-of-life costs.
For more details, please visit https://www.facebook.com/LoveLifeFuneralFund
The update aims to address the disproportional impact the recent pandemic has had on communities that have traditionally been denied access to life insurance, or that believe that they cannot afford it.
African and Latino Americans are almost three times as likely to be hospitalized and almost twice as likely to die from the virus. Native Americans are three and a half times more likely to be hospitalized and two and a half times more likely to die. All of these groups, plus Asian Americans and Pacific Islanders, have higher rates of diabetes; African Americans and Native Americans have higher rates of hypertension; and Puerto Ricans and African Americans have higher rates of asthma. Many of the individuals most at risk for the virus do not have life insurance.
These disproportionate effects are just as disparate to the uninsured. The LoveLife Group Funeral Fund Plan provides affordable, practical final expense insurance plans that can fit any budget. This coverage helps families pay for funeral costs and other end-of-life expenses. The plan also optionally records the client’s wishes regarding memorial arrangements and keeps them securely on file. When a policyholder’s death occurs, their loved ones can call a toll-free hotline 24 hours a day, with funeral home price comparison services available immediately.
To get a free quote, prospective policyholders can schedule a phone conference with one of the group’s insurance specialists. The quote process is short and an agent will go through the short application process step-by-step. There are no medical examinations required, and most conditions are covered.
Founded in 2014, The LoveLife Group is a collection of licensed insurance professionals serving the state of New Jersey. They pride themselves on outside-the-box thinking and innovative solutions to final expense insurance challenges.
Interested parties can find more information on The LoveLife Group Funeral Fund Plan and get a free quote at https://www.facebook.com/LoveLifeFuneralFund