Preparing for Peace of Mind: Life Insurance for End-of-Life Planning

There are several types of life insurance, but only some are ideal for end-of-life planning. Here's a quick breakdown:

✅ Term Life Insurance

• What it is: Coverage for a specific time period—usually 10, 20, or 30 years.
• Best for: Those looking for affordable, temporary protection.
• Good to know: If you outlive the term, the policy expires with no payout.

✅ Whole Life Insurance

• What it is: A permanent policy that lasts your entire life and builds cash value over time.
• Best for: Long-term financial planning and guaranteed benefits.
• Good to know: Premiums tend to be higher, but the coverage never expires as long as payments are made.



❌ Not Accepted forms of payment for End-of-Life Planning at Roberts Funeral Home

• Group Life Insurance: Provided through employers or organizations, but coverage often ends when you leave the group or retire.
• Annuities & Contestable Policies: We do not accept these due to their complex rules and payout restrictions.

📝 Immediate Life Insurance Checklist

When the time comes, having everything ready helps avoid delays and confusion. Here’s a checklist to help make sure your policy is ready:

• Locate the Policy: Find a physical or digital copy of your life insurance documents.
• Check Policy Status: Make sure premiums are up to date and the policy is active.
• Identify Beneficiaries: Ensure the listed beneficiaries are current and accurate.
• Review Exclusions: Be aware of any waiting periods or clauses that may limit payouts (e.g., suicide clause, contestability period).