08/17/2022
Here is the freedom of choice certificate, it is a must have when protecting you and your family for the future. I will list a couple reasons why this certificate is so important.
- Life insurance companies are allowed to hold the life insurance policy money for up to 6 months after the insured has passed away. When this happens the family has to pay up front for the whole funeral which can cost up to 15,000 dollars. Most families don't have the money to pay that in such a short notice when an unexpected death occurs to one of their loved ones. What the freedom of choice does for you is cover the whole cost of all expenses within 48 hours after the insured's death. The remaining balance of whatever is left over is written in a check and given to the beneficiaries that were listed on the policy.
-With this option it helps families get the whole funeral set up and covered in expenses in such a short notice, hospital bills paid if any within 48 hours and the remaining balance is sent to the beneficiaries . This way none of the families have to feel devastated for not only losing a loved one but also having to come up with the money for the funeral.
-This Certificate is only offered through American Income Life.
