What You Should Know About Burial Insurance?

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Have you thought about what you are going to do when your parent or grandparent passes away?

What about anyone else that you love or care about? Do they want to be buried and have a funeral or would they rather be cremated and have a memorial service? Most people don’t really want to think about their loved ones passing away.

However, once these decisions are made, you don’t have to keep thinking about them. It is best to be prepared ahead of time. If your loved one can help make these decisions, involve them in doing so.  Before and during the process of making the decision of whether to have your loved one buried or cremated, you might want to learn more about burial insurance or final expense insurance.

Is Final Expense Planning Important?

It is important to make end-of-life plans. Having these plans set up can make things easier on loved one’s after someone has passed away. There are many costs that are associated with someone passing away. These are known as final expenses. You might not want to think about anyone dying.

However, if financial aspects of your loved one’s passing are taken care of ahead of time, this is less that you or other family members must deal with later. With burial insurance or final expense insurance, there will be fewer financials to take care of after someone in your life passes away.

What exactly is burial insurance?

It is important to know exactly what this type of insurance is. Burial insurance may also be called final expense insurance or funeral insurance. You might have even seen ads for this type of insurance on the internet or television. Basically, burial insurance is a type of whole life insurance that is created with elderly people and their family members in mind. It is used to pay for the final expenses of the person that passed away.

It is very easy to get a burial insurance policy. There are only a few questions asked about some companies even have guaranteed acceptance plans. There are quite modest death benefits involved in the burial insurance policies. Due to this fact, the premiums are usually affordable. Generally, the death benefits will range from $5,000-$25,000.

Are prepaid funeral plans something you need to know about?

It is essential to understand that any burial insurance plans won’t be the same as funeral plans that you might get from a funeral home. There are some differences between these 2 options.

The prepaid plans offered by the funeral homes will help to pay for the funeral ahead of time. Some funeral homes might accept life insurance plans to cover the funeral expenses. On the other hand, the burial insurance will give the beneficiaries cash benefits they can use after their loved one passes away. They can decide to use some of that for the funeral expenses and other final expenses.

Who should have burial insurance?

You might be surprised to know that funerals and services can be very expensive. Sometimes, they can range above $10,000. With this being said, many people might need burial insurance. You might want to ensure that your family members don’t have to pay for your funeral with their own money after you pass away. You also may want to make sure you have coverage for your family member, so you don’t have to worry about paying for their funeral later.

You can save some money by doing cremation instead of burial for your loved one. With cremation, nobody has to pay for transporting the body to the funeral home or cemetery, the embalming process, paying for flowers to put around the funeral home, doing the funeral service, feeding guests who come to the memorial service, paying for a casket, taking time off from work, or paying for the funeral plot.

It is tough for most people to figure out what end-of-life decisions are best for themselves and their loved ones. If you are thinking about getting burial insurance, one of the best things you can do to is to contact a company that offers it today. Make a list of the questions that you have about this type of insurance and ask those when talking a representative. They can let you know what would be best in your case.

Keep in mind that with burial insurance, you can decide who your beneficiaries will be. It doesn’t have to be just one person. The people who you decide to be your beneficiaries will get the money from your burial insurance policy after you pass away. They can use this money to pay for your final expenses. This means they won’t need to be worried about finances. They can take the time they need to grieve.

Almost everyone could benefit from having a burial insurance policy.

What coverage will burial insurance policies provide?

Similar to all other life insurance policies, the burial insurance policy will help cover the costs associated with someone passing away. The benefits will be paid to the beneficiaries after the passing of their loved one.

These amount of these benefits will be given based on the terms of the policy. Many people will purchase a burial insurance policy with enough benefits to cover their funeral, memorial service, cremation facility (if that is the route they are taking), cemetery plot, casket, and other final expenses. You can even decide which casket, urn, or other things will be needed and the costs of them, too. This way you can get enough benefits paid out to your beneficiaries to pay for all these things.

Some of the costs that you might want to think about when deciding which burial insurance plan and benefits to get include the following:

  • Traveling for family members to the funeral
  • Feeding and housing guests who attend the funeral
  • Missed time off work
  • Cleaning out belongings from your loved one’s home
  • Paying a probate lawyer for the estate
  • Extra cash to hold things together after a loved one passes away

With most burial insurance policy benefits being modest, the company will usually pay quickly and with a lump sum. Usually, the beneficiaries will only have to give the death certificate to the insurance company to have the benefits released. Sometimes it can take a few days to a week to get the death certificate. In some instances, the funeral home being used will take a copy of the insurance policy for proof of payment. This is because they know that they will be getting paid at some point by the company.


There is a lot of information out there regarding burial insurance. Not everyone has burial insurance when they pass away.

However, it does help to take care of final expenses after someone passes away. Whether you are thinking of what will happen when you pass away or when a loved one passes away, burial insurance might be an option that you want to consider. It can help to cover the financial aspects of someone passing away, so the family members can grieve, instead of worrying about how to pay for the burial or cremation.

You can contact a burial insurance company to talk about getting a policy for yourself or a loved one today.

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