Insurance for funeral and burial costs?
It depends on whether or not you have other life insurance set up, as well as prearranged burial. If you have no life insurance, I would strongly advise a burial policy, since the cost can range from 5 to 10 thousand without being extravagant. Another alternative is to prearrage all of the funeral elements with your local funeral homes. Even with prearranged burial, having some life insurance can be a good thing, as it will help differ medical expenses and estate tax.
