There are different types of life insurance, including term, and whole life. Burial or funeral insurance is a kind of whole life insurance. The various kinds of life insurance can raise a lot of questions, such as: What type is right for me? And, can you have burial insurance and a standard life policy at …
Can Burial Insurance Work With Other Life Insurance? Read More »
Burial insurance is a small life insurance policy that can help cover funeral and burial expenses after a person passes. Specifically, it provides peace of mind and lessens the financial burden on surviving loved ones. Before purchasing burial insurance, you should know exactly what it is, if it can be canceled, the possible implications of …
Burial insurance involves paying premiums for the remaining years of life and then a death benefit will be given to designated beneficiaries. This option helps reduce the financial burden and pay for potential final expenses, like funeral or burial arrangements. To understand if burial insurance is tax-deductible, it’s important to understand what being tax-deductible means. …
Yes, burial insurance is a type of life insurance policy. However, there are a few differences between standard life insurance policies and burial insurance. The biggest differences are the price, who’s accepted, and the limits of the policy. Read on to learn more about burial insurance, the more affordable life insurance policy. The Basics of …
Is Burial Insurance a Type Of Life Insurance Policy? Read More »
Many people want to know that their loved ones will be financially protected once they pass. A burial policy will last for the duration of the policyholder’s life, giving you assurance and security. This is different from regular life insurance, which may lapse after the term is complete. To learn more about how long burial …
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 …
Is Burial Insurance Better Than a Life Insurance Plan? Read More »
Thinking about what happens when you are gone is not easy. But, for those who care about their loved ones, making sure that you leave something behind is incredibly important. Choosing a beneficiary for your life insurance policy or will requires careful planning and insight, and there are some boxes to check before deciding on …
Different life insurance policies cover different needs and services. So, because there are no legal limits to the amount of life insurance policies you can maintain, you have the option to combine multiple policies to obtain the greatest benefits. Here’s a deeper look into how you can combine final expense with another life insurance policy. …
Can I Have Final Expense with Another Life Insurance Policy? Read More »
The short answer to this question is no, you do not need an exam to get final expense insurance. They are one of the few forms of life insurance that don’t require a medical exam to get approved for coverage. Let’s take a closer look at final expense plans and avoiding insurance exams. How Do …
Do I Need An Exam to Get Final Expense Insurance? Read More »
