Burial Insurance or Final Expense Insurance enables families to properly grieve their loved ones without the burden of unplanned costs.
Burial Insurance is an affordable whole life insurance plan that can help paying bills associated with final medical expenses, funeral or memorial services, and the price of burial or cremation.
Dying can be expensive, what with having to pay for a casket, tombstone, burial plot, etc.
The average burial in the United States today costs approximately $9,000.
Many carriers offer simplified underwriting for final expense policies.
This means you may not have to undergo a physical examination to qualify for coverage.If the policy holder pays the premium and the policy is in force when the insured dies, the insurance company will pay for funeral expense as contracted.