Most of us don't like thinking about our own funerals, but no matter how much we ignore
inevitable, truth is that when time comes someone will be responsible for those expenses. The question is will it be our grieving loved ones who foot bill or will we plan ahead and purchase funeral insurance to cover those costs so they'll have one less concern to worry about.Funeral insurance protects your loved ones by covering costs of burial and service so they don't have to. Most funeral insurance policies range between $5000 and $20,000 in value and are available to persons of any age, so it never becomes too late to begin making these important arrangements.
One of best things about funeral insurance plans is that they are affordable and accessible to everyone. Funeral insurance premiums are payable monthly so cost is spread out over course of a year, instead of coming all at once every six or twelve months. Plus, signing up for a funeral insurance plan does not require a medical exam, so people in high risk categories, such as smokers, or with pre-existing medical conditions can still qualify.
Even without these benefits, reality is that funeral costs are constantly getting higher and most of our current life insurance, if we have any, simply is not enough to cover medical bills, existing debt, and burial expenses. With an additional funeral insurance policy, however, we can be assured that our loved ones have funds necessary for a proper farewell.
Funeral insurance provides security and shows those we love that we cared enough about them to plan ahead and to save them from unnecessary stress of paying for our funerals. But, more than that, funeral insurance can also be used to pay off additional medical costs or other incurred bills so our families will not be hounded by debt collectors at one of saddest moments of their lives. Funeral insurance can also leave something behind which may ease their loss: money for college, home repairs, or living expenses. And beneficiary of funeral insurance policy does not have to pay any taxes on money.
