We SPECIALIZE in getting people FIRST DAY COVERAGE, NO WAIT PERIOD AND a BETTER POLICY THAN YOU HAVE NOW!
WE HAVE CHOICES!
WE MAKE TIME FOR YOU and WE CARE, CONTACT US NOW
Burial Insurance – Do you Need One?
Burial Insurance is one of the best ways to make sure your friends or family don’t suffer any financial pressure after you depart from this world. People usually don’t realize the cost of burials. It’s better to plan and sign up for a suitable burial service.
The policy could be bought by just answering a few health-related questions. Although the benefits of burial insurance vary depending on the policy providers, it usually ranges from $5,000 up to $25,000. After death, the benefit is paid to the beneficiary that you choose.
An insurance policy having face amount of $20,000 means, if your burial expenses are $15,000, the rest of the $5,000 could be used to pay any outstanding bill, such as medical bills or legal costs. This may also include any debt that you owed in your life.
Burial Insurance is cheaper than many other forms of insurance. Premiums are paid monthly, quarterly or annually. The overall death benefits will be whatever you paid from the start of your policy until you die. Earlier you start, more are the chances of getting the best price. Read more below or Get Your Quote Below , Not a Insurance Quoter that sells your information, You deal direct here, much safer!
Burial Insurance vs. Pre-Need Insurance
These two terms are often confused with each other. Although Burial Insurance is somewhat similar to Pre-Need insurance, the difference is in pre-need insurance, you could select the type or way of your funeral. This may include the type of funeral service, casket, flowers, headstone, and other items like the cost of digging grave, e.tc.
Easy to Buy
Burial Insurance is easy to buy. Before signing up for insurance, a few health-related questions are asked, and in some cases, there are no questions, and the policy is signed. This makes it easy for older citizens to buy affordable premiums to make things easy for their family.
Characteristics of Burial Insurance
- Burial insurance is usually offered to citizens who are aged from 50 to around 85 years.
- The death benefits could range from $5,000 to $25,000, and some insurers also offer a slightly higher amount than this.
- The benefits are in the form of cash and could be used as per the requirements. The benefits could also be separated among a single or couple of beneficiaries.
Do you Need Burial Insurance?
The costs of burial expenses are very high. People usually don’t think about it. As per stats, a recent report showed an average of $8,500 for a funeral in the US in 2015. This is such an eye-opening number.
Death of a loved one is one of the sad moments in anyone’s life. With increasing funeral costs, the additional worry of arranging for the expenses could make things even more difficult for your loved ones.
Should you buy Burial Insurance?
Certain things in life need planning early in life. Burial insurance is undoubtedly one of these things. Plan for estimated costs of your burial, discuss it with your family and determine what kind of policy best suits you. We help you with choices. Get Your Quote Below , Not to sell your information, You deal direct here, much safer!