Burial – Funeral Insurance

It’s an unpleasant fact of life to have to deal with, but planning for a loved one’s funeral (or even your own) is a necessity today. Being caught off guard by a tragedy can leave you or your family in a tense financial situation. The rising costs of burial and other funeral services have made pre-planning and burial funeral insurance the only way to protect yourself.

Funeral insurance policies are designed to protect you from inflation by promising a fixed cost for burial and other services. These policies are tailor-made to your individual needs and can cover options such as caskets, grave markers, cremation, embalming, flowers, and burial plots. In most cases, these policies must be purchased in one lump sum, although some may let you spread out your premiums over three, five, or 10 years.

There are a lot of insurance companies and independent agent websites on the internet like AssuranceLife.org  where you can find burial insurance quotes.

Funeral Expenses

According to the AARP, funerals and burials are some of the most expensive items that older Americans spend their money on. The average funeral today costs $4600, plus another $2400 for an in-ground burial. Add another $1000 for flowers, notices, cards, burial liners, and other miscellaneous items. With all these costs continuing to rise, burial insurance is the only answer.

Unlike most other insurance policies, this is less a “What if I need it?” than a “When do I need it?” question. You can’t deny the fact that one day you will need to pay for a loved one’s funeral. It is important to get all the information you need about burial and funeral insurance so you can protect yourself and your loved ones financially when the need for a funeral arises.

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