A burial policy, also known as final expense insurance, is a type of life insurance policy. These death benefits are typically more modest than the standard life insurance policy, ranging between $2,000 to $50,000. Burial policies function like any other private insurance plan. You buy the plan from the company, pay a monthly premium, and …
Most people have heard of life insurance, but not as many people have heard of burial insurance. Burial insurance, also called final expense insurance, is kind of like a more affordable life insurance policy. It’s meant to cover end-of-life expenses. Burial insurance is typically easier to qualify and easier to afford than a full life …
If your loved ones need burial insurance, you may be wondering if you’re able to buy it for them. Whether it’s your spouse, sibling, or parent, if you’re 18 or over, you may buy someone else burial insurance. Below, we’ll explain more about how your loved ones could benefit from burial insurance. How Burial Insurance …
Can You Purchase Burial Insurance for Other Family Members? Read More »
Probably the first thing you would want to know is what exactly is burial insurance with no waiting period. Burial insurance without a waiting period is a certain insurance policy that will pay for the complete death benefit beginning from the 1st day itself. Even if you have made just a single payment on your …
How to Obtain Burial Insurance With No Waiting Period? Read More »
Like other kinds of investments, it is of paramount importance that you take the pros and cons of prepaid burial plans into careful consideration before deciding to commit to and buy a particular plan. You will be better positioned to make a sound decision once you comprehend the advantages and disadvantages. Here are some of …
It is important that you comprehend how to buy burial insurance. You have come to the right place if you would like to know how to apply for such an insurance policy. Read on as we guide you through a step by step process on how you can apply for burial insurance from scratch via …
For many of us, a retirement plan is all about deciding how much money we can make until the end of life. In the process somewhere, we overlook the fact that there are expenses after we pass away. And we don’t bother to figure out the amount of money our family or loved ones might …
Veterans (and sometimes their spouses) receive several burial and funeral benefits. Read on to learn more about what these are: Veteran Burial Advantages: Private Burial Ground Burial benefits for a Veteran for a private burial ground (cemetery) include a Government marker or a headstone, an exclusive Presidential Memorial Certificate, and a burial flag, at absolutely …
The requirements of Medicaid eligibility differ by cities and states. However, they all contain stipulations regarding burial insurance and how owning the policy affects eligibility. If you are a Medicaid recipient and consider buying burial insurance, you might be thinking about your eligibility. Note that burial insurance coverage offers absolute protection to your family, and …
Can I Purchase Burial Insurance as a Medicaid Recipient? Read More »
When you plan your future finances, you may want to consider purchasing burial insurance. No matter if you have another life insurance policy or coverage in place, you can opt for this coverage. Your burial life insurance can serve as a whole life insurance policy that protects you from other expenses, including the payoff of …
