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Burial Insurance

Purchasing burial insurance as a young adult

Can Young Adults Purchase Burial Insurance?

Burial insurance exists to cover some, or all, of the costs that can come with the end-of-life.  If you’re considering purchasing a burial insurance policy, know that it’s an excellent option to take the financial pressure off your family.   Age The majority of people purchasing burial insurance are seniors.  This is because that’s typically the …

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burial and life insurance work in similar ways

Is Burial Insurance Better Than a Life Insurance Plan?

Burial and life insurance work in similar ways—both require monthly premium payments, and both have a payout paid to a beneficiary once the policyholder passes away. However, there are critical differences between these plans that distinguish them from one another. One policy is not really “better” than the other. To say as much would ignore …

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5 Tips for Choosing Burial Insurance

5 Tips For Choosing the Best Burial Insurance Plan

Final expense insurance is a type of life insurance policy with a smaller premium. It is designed to help families pay costs associated with end-of-life. These premiums are much more modest than the average life insurance policy, and the death benefits are typically between $2,000 and $50,000. This makes the monthly premium lower. Read our …

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