Burial insurance, or final expense insurance, is undeniably a helpful tool for families and relatives paying for a deceased family member. It enables loved ones of the departed person to pay for the final expenses that may include memorial service, urn, headstone, and burial. Essentially burial insurance is a form of life insurance policy, but …
What is Covered Under a Burial Insurance Policy? Read More »
It is possible to get burial insurance or final expense insurance coverage if you have cancer or had cancer in the past. You can get burial insurance for cancer patients, but there are only a handful of insurance companies willing to insure someone’s life when they are being administered cancer treatments. To address this uneasy …
If you’re searching for life insurance for seniors over 80, then you’re the ideal candidate for a burial insurance policy. These policies are ideal for people who need the funeral costs and other final expenses to be covered. Burial insurance plans for those 80 and over are designed to be used to pay for your …
There are two types of burial insurance: simplified issue and guaranteed issue. Guaranteed Issue Insurance, like a Simplified Issue Insurance policy, requires no medical exam. The main difference is that unlike the simplified issue, there are no medical questions asked. You are “guaranteed” to get a policy as long as you pay the premium. Simplified …
Guaranteed and Simplified Issue Life Insurance Defined Read More »
Life insurance isn’t the right choice for everyone for the following reasons: What if you don’t qualify for a life insurance policy? Or, what if you don’t need hundreds of thousands of dollars in coverage? Or, what if you’re concerned about outliving your coverage? Given these scenarios, it may be fitting to consider buying a …
Having diabetes, irrespective of the type, makes applying for any type of insurance tricky. This makes shopping for health insurance, life insurance, and burial insurance an exertive ordeal. According to the American Diabetes Association, over 30 million people have diabetes in the United States alone. Nearly 94% of that number have Type 2 Diabetes. It …
Many families, after losing a loved one, may not know the right questions to ask when they commence their search for a funeral home. To ensure that you get the best service and value, we have come up with four essential questions to ask the funeral home, to ensure that every is covered under the …
A burial vault is a grave liner, which prevents the ground from collapsing under the casket’s weight. Although most cemetery rules and regulations require burial vaults for caskets, opting for these containers and vaults is not stipulated under federal law. However, graveyard operators usually emphasize vaults to lessen the administrative, ecological, and economic burden from …
