​Senior citizens might have lived their life to the fullest. If you have a relative who is close to your heart and is ready to cross on to the afterlife, it can be worrisome for you. If the elders rely on you for the funeral expenses, what will you do? Before it’s too late if you have enough budget, secure final expense insurance for your older relatives.

​When something terrible happens to you and you're gone, the death benefit from your life insurance goes to the people who you have named as beneficiaries. Life insurance policies could either be a term policy or a permanent policy. A term policy lasts for 30 years or less while a permanent policy lasts indefinitely. Here are some ways that life insurance benefits can help you.