Sentences with phrase «purchase of a burial insurance plan»

While the purchase of a burial insurance plan may seem to be a bit overwhelming, there are ways that you can obtain the coverage that you need — and the process can be smooth and seamless — as well as within your budget.

Not exact matches

For example, if you purchase a level benefit burial insurance plan, based on the average cost of $ 12,000 for a funeral ($ 12,000), your family will receive the death benefit of $ 12,000 when you pass away.

When searching for the best burial insurance plan, you will want to be sure that you are getting the proper type and amount of coverage, and that you are purchasing the plan from a financially secure and stable insurance carrier.

One of the very best ways to save money on a burial life insurance plan is to do your research online prior to moving forward with a purchase.

Before you purchase a burial insurance plan, it is important that you have a good idea of the type and the amount of such coverage that you may need.

The purchase of a good, solid burial insurance policy can be an important step in your overall financial plan.

Final expense insurance — which is also often also referred to as burial insurance or a funeral insurance plan — is typically purchased by those who are in the age range of 50 to 85.

In addition to just reviewing the features of the burial life insurance policy you may be purchasing, it is also important to have a good understanding of the life insurance company that is underwriting the plan.

For anyone with a disease or serious health complication, a life insurance plan can cost a fortune to purchase, but because burial insurance plans don't have health exams, they could save you thousands of dollars.

Similarly, anyone with a choric health condition or disease can save a lot of money by purchasing a burial insurance plan instead of a traditional plan.

If you don't have any debts, then you should consider purchase a burial insurance policy instead of a life insurance plan.

If you purchase a plan through Mutual of Omaha, you can get burial insurance coverage anywhere from $ 2,000 — $ 40,000 worth of protection.

In some cases the burial insurance policy can be purchased directly from a funeral home as part of estate planning, and the policyholder can name the funeral home as the beneficiary.

Before you purchase your policy, it's crucial to know there are different types of plans under the burial insurance umbrella, and each one will operate differently down the line.

With that in mind, if an individual is in relatively good health, then he or she may wish to consider the purchase of a regular life insurance policy as versus a burial insurance plan.

Let them know that you have purchased a whole life insurance policy or burial plan to help cover the costs in the event of you passing so that the expenses are not a surprise when the time comes.