- If you have a life insurance policy, review with an agent to figure out any holes in your policy, including death benefit payout timing.
- Yes, assign someone you trust that will follow your final wishes and be sure they are aware of Step #1.
- Choose someone that will be emotionally stable to handle this kind of business on your behalf.
- Have ongoing communication with this person; changes, plans, names and contact information of others you may be having a discussion with about your final expenses.
What my plan covers is all of the above steps in which I have a final wish that lists all of my concerns for my family to follow. At the time of enrollment, I was same day qualified and covered. It was a simple application, with just a few questions and now I don’t have to worry about my family.