We don't hear too
much about burial insurance these days, but it actually figures significantly in the history of life insurance in the US, or at least one very prominent insurance company.
We don't hear too
much about burial insurance these days, but it actually figures significantly in the history of life insurance in the US, or at least one very prominent insurance company.
Not exact matches
By now, you know as
much about their Guidestar
burial insurance plan as the agents who sell it.
Just below, check out some of these sample
burial insurance rates for 79 year olds to see
about how
much final expense coverage will cost you at this age.
Grieving family members do not need one more thing to worry
about, and that is why
burial insurance or final expense
insurance makes so
much sense as a product.
Worried
about how some extra pounds will impact how
much you pay for
burial insurance?
First, what's good
about any type of life
insurance is that it provides a lump sum of cash that can be used for pretty
much anything:
burial expenses, college tuition for your children, living expenses for your spouse, mortgage payments, other outstanding debt, a donation to a favorite charity, and so on.
The simplest way to calculate how
much life
insurance to buy is to think
about four categories: mortgages and debts, funeral and
burial expenses, education costs, and income replacement.
One would be if a low cost
burial policy, as
much as most parents would rather not think
about that, is easier to manage than actually coming up with
burial costs out of pocket rather than from a life
insurance policy.