Affordable Life Insurance Protection for Your Family
What are Burial Life Insurance Plans and How Do They Work?
They are small life insurance policies that provide the money needed to pay for your final expenses. It’s a way for you to make sure that your loved ones are not put in a financially stressful situation, looking for a way to pay for your burial costs when you die.
By purchasing a burial plan, you are giving yourself the peace of mind knowing you have prepared for the future, and respect your family by providing the funds necessary for them to pay for your funeral and burial.
They will appreciate that you have planned ahead and provided for your end of life expenses.
Burial Expense Insurance policies offer up to $25,000 of coverage without the hassles of any health exams or health questions being asked of the applicant.
Which Insurance Companies Offer Burial Insurance Plans?
When it comes to insurance to cover your burial costs there are several insurers offering policies in the USA including United of Omaha, AIG, MetLife, Colonial Penn, Vantis, Foresters, AARP/NewYork Life and Gerber Life, among others.
Many of these insurance company names you may have heard of before, but there are several things to consider before choosing your plan, including:
Features of Burial Policy Coverage
Usually, life insurance plans to cover the cost of your burial and related final expenses may feature the following:
How Much Does a Burial Cost?
According to a survey conducted on behalf of the NFDA (National Funeral Directors Association) the average cost for a burial and related expenses is around $8,755.
Want Do Burial Expenses Include?
Funeral and Burial Costs May Include:
Review of Burial Life Insurance Companies
In some cases, people who would be turned down for a life insurance policy are those who have medical issues. These people do have an option because there are life insurance companies that will write a guaranteed issue burial insurance policy for them.
These life insurance policies do not require that applicants take a physical examination. Anyone in any situation can apply for this type of insurance coverage, and they are guaranteed to receive a policy – if they meet the age requirements for approval.
The guaranteed issue burial policy is a good option for people looking for life insurance who have been in the following situations:
Burial Life Insurance Quotes
Top Pick – United of Omaha
United of Omaha offers guaranteed acceptance whole life insurance for people age 45 to 85. Choose $3,000 up to $25,000 of coverage. Rates start as low as $8.80 per month. There’s no medical exam and no health questions. You cannot be turned down. You can get a quote and apply online now. START HERE to get a FREE Quote.