Did you know that the total cost of a funeral today is $10,000 or more? If you were to die today, would your loved ones be able to pay for this expense out-of-pocket? That’s where funeral burial insurance comes in. It gives you peace of mind knowing that your final expenses will be taken care of in a respectable way, even when your family has no savings in store.
A Snapshot Of Funeral Expenses
A Burial Insurance policy is used mainly to cover all of your burial and funeral expenses. These may include:
1. Funeral Home Services, Embalming, transportation,casket, and flowers.
2. Cemetery Services , burial plot grave site maintenance.
3. Headstones, monuments, and installation fees.
The Best Burial Insurance Companies
Most of us have stumbled upon a direct mail piece promoting Burial Insurance coverage of up to $6,000. The truth is, this simply isn’t enough in most cases. While low-cost cremation services are certainly an option, if you want to go the traditional route, there is a wide selection of reputable insurance providers that offer between $10,000 and $50,000 of protection. There is no one-size-fits-all solution. To start, compare burial insurance quotes online with our Insurance Calculator.
Benefits and Features
When shopping for burial insurance, here are some things to consider:
1. Beneficiaries receive the insurance benefit Tax-Free.
2. Burial Insurance Has No Expiration Date.
3. Funeral expense Insurance can be assigned to any funeral home.
3. Guaranteed cash Value guarantees your policy will never expire.
The Main Advantage Of Buying Burial Insurance
One of the most obvious benefits of taking out a burial insurance policy is easing the financial burden of your remaining loved ones when you die. During this challenging time, the emotional stress on your family can be very high, and having the money to pay for everything is a great advantage.
Make the Smart Move
Funeral expense insurance is popular among seniors, however, people of all ages and backgrounds can purchase this type of life insurance for parents or themselves. As you go about your day-to-day life, it gives you one less thing to stress about вЂ“ debt after you’re gone. Contact us today to find out more.