Worried about covering
potential funeral costs?
On the other hand, if you want long term coverage to help your spouse with
any potential funeral costs, a whole life plan may serve you better.
Not exact matches
A smaller death benefit is typical if you are looking to cover all
costs associated with your passing, such as a
funeral and
potential hospital expenses.
Funeral establishments have «preplanning» services that help you figure the
potential costs as well as provide a future record of your preferences.
A smaller death benefit is typical if you are looking to cover all
costs associated with your passing, such as a
funeral and
potential hospital expenses.
Another
potential problem: paying
funeral costs and the expenses of settling the estate.
Damages could address the medical expenses, earning
potential, burial, and
funeral costs, along with other losses.
Funeral establishments have «preplanning» services that help you figure the
potential costs as well as provide a future record of your preferences.
And, because the proceeds of burial insurance are typically paid out directly to the decedent's survivors, the loved ones can not just pay the
cost of the
funeral, but also other
potential debts that the decedent may have had, such as uninsured medical
costs, hospice expenses, or even items like credit card debt or personal loans.
Death benefits are the way in which annuities and life insurance policies compensate those close to or dependent upon the deceased policyholder for the
costs associated with death (e.g.
funeral expenses) and
potential loss of income.
Be sure to include both
funeral costs and
potential final medical bills.
In doing so, an approximation of
potential final expenses should be added up — including the
potential cost of a
funeral, headstone, and burial plot, or alternatively the price of cremation and related
costs thereof.
Life insurance has the
potential to cover a variety of expenses such as unexpected medical bills and
funeral costs.