Who Should Buy Burial Company Insurance?
Burial company insurance is also known as funeral insurance or final expense insurance. Multiple plans and options are available for individuals as young as 40-years-old and as old as 85. When purchasing burial company insurance here are a few facts to keep in mind: • An average funeral costs $6,000-$8,000. • You’re guaranteed coverage as long as premiums are paid. • Burial insurance is a practical purchase for people over 50. • Burial insurance is a specialized type of whole life insurance. • Some limitations may apply if death occurs within the first two years. If you plan ahead and buy funeral insurance, the burden of your burial, funeral, and other final expenses will not fall on your loved ones. Purchase adequate protection now while the process is easy and convenient.