Why you shouldn't put off your final expense policy

Premiums are based on a number of factors, including your age and overall health. Buying a policy sooner, rather than later, can work in your favor if you're looking for the lowest possible cost. Rates generally increase as you age, or your health deteriorates. And, in some cases, illnesses or health problems may make you ineligible for coverage. In short, the longer you put it off the higher the cost will likely be...that is, if you can even qualify.