The interesting
thing about burial insurance is that «burial insurance» is just a nickname for the actual product you are buying, which is a small whole life insurance policy.
Here's
the thing about burial insurance companies.
Not exact matches
There's two
things you need to know
about the health questions on a
burial insurance application.
Unlike most
insurance companies that offer a variety of different products that include
burial insurance, Lincoln Heritage focuses on these smaller plans, and that's
about all the
thing that they sell.
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.
The
thing to understand is that «
burial insurance» is honestly just a marketing term that was coined
about 30 years ago.
The first
thing you must understand
about burial insurance for seniors is that it's still life
insurance.
The first
thing you need to understand is that EVERY single
burial insurance plan that has underwriting (health questions) will 100 % ask
about heart surgeries.
The number one
thing to know
about burial insurance for diabetics is to always make sure you're getting «first day coverage».
The last
thing that we would want to do is make any quick assumptions
about your current condition or
about what you're hoping to achieve by purchasing life
insurance today (Is it for Mortgage protection, income replacement, final expense or
burial costs, etc, etc...?)
The last
thing you want to learn
about 5 years from now (after paying for a policy for 5 years) is that the $ 25,000
burial life
insurance policy that you purchased has some type of «depreciating death benefit» that goes in effect as you age.