How to Buy a Life Insurance Burial Policy
Many people buy life insurance plans to provide funds to cover the cost of their final expenses, including a burial and funeral.
Did you know there are burial policies you can purchase without having to take any health exam or answer any questions about your health?
In fact, you may purchase up to $25,000 of burial life insurance with guaranteed approval – that means you cannot be denied coverage. And, plans are affordable, starting for as little as $8.80 per month, but premiums will vary based on the amount of coverage you need, as well as, your age and gender.
A recent study for the National Funeral Director’s Association indicates the average cost of a funeral and related expenses is around $7,700.
No one wants to leave behind a legacy of debt to their loved ones. That’s why pre-planning to prepare for the costs of your final expenses is the right thing to do.
By purchasing a life insurance burial policy you can have the peace of mind knowing you have taken care of the expense of your funeral and burial, so you won’t leave your loved ones with the financial stress of paying for your burial while mourning your loss.
Top Pick – United of Omaha
United of Omaha offers guaranteed acceptance life insurance for people age 45 to 85. Choose $3,000 up to $25,000 of coverage. Rates starts as low as $8.80 per month. There’s no medical exam and no health questions asked. You cannot be turned down. You can get a quote and apply online now. START HERE to get a FREE Quote
Highly Recommended – Met Life
Met Life offers guaranteed acceptance final expense life insurance for people age 45 to 75. Choose $2,500 up to $20,000 of coverage. Rates starts as low as $10 per month. There's no medical exam and no health questions. You cannot be turned down.
Burial insurance provides you and your loved ones with the security and protection they need when they need it most. You can help protect your loved ones from the financial burden of paying for your burial costs.
Burial plans provide limits of life insurance coverage from $2,500 up to $25,000. There's a simple application form and no-hassle underwriting. You can even get insured without answering any questions about your health.
Burial expense insurance provides money for your final expenses including burial costs, funeral fees, probate, legal fees, casket and tombstones.
According to the 2010 funeral price survey by the National Funeral Director's Association, the average cost of an adult funeral is around $7,750. This is based on the most commonly selected items for a traditional funeral including a casket and vault.
Even if you are a smoker, on medication, or overweight, you may be able to qualify for a burial expense life insurance plan.
This type of insurance policy may be ideal when the main goal is providing money for the payment of your final expenses, which may include: