How Do You Start An International Insurance Burial Business?
If you’ve decided to make international burial insurance sales your line of work, congratulations. You might have this market cornered. There’s a plethora of international insurance niches including global medical, health, travel, expatriate, missionary, visitor, traveler, cruise and trip categories, but international burial coverage has yet to be tapped. If you’re not familiar with exactly what’s covered with type of coverage, see the list appearing at the end of this article. While basic funeral expenses in today’s economy average $5,000, you should be willing to go higher to accommodate those who plan to add bells and whistles to their final earthly journey. The industry leader in burial insurance (as of this writing) underwrites coverage of up to $25,000. Another unique aspect of the burial insurance business is its unorthodox premium payment structure. Unlike quarterly, semi-annual and annual premium tabs, this style of insurance is typically paid weekly or monthly and all premium
