It is not uncommon for most people to leave the idea of burial insurance until it is too late to do something about it. Whether it is the result of a sudden death or a long term illness, the surviving family members must face the costs and all that goes with planning for a funeral.
Funeral insurance is not often thought of in the day-to-day. The surviving family members left to face funeral arrangements are inevitably confronted by unexpected challenges at the worst possible time, when their emotions are being stretched to the max and when the idea of making the final decisions for a loved one can be the most challenging.
Making a plan in advance in the form of a death insurance policy is the best way to alleviate the challenges that will confront bereaved family members when they can least handle the stress. While nothing can take away the pain of loss, taking advantage of burial life insurance is one way to guarantee the greatest relief to those facing this traumatic time in their lives and affords an individual one of the most beloved ways to be remembered.
Funeral expenses have increased significantly over time. Where funds provided by the Social Security Administration reflect levels that were relevant at the time of its inception, costs are much different in today's world. It is laughable to think that funeral costs amassing to the tens of thousands of dollars could possibly be covered by a benefit award of less than $1,000. This is why it is important to compare funeral insurance rates and choose appropriate coverage.
Here are just some of the expenses that "pre-need" insurance, or final expense insurance, can help pay for:
• The funeral service - visitation, viewing, the hearse, the minister
• A cemetery plot or burial vault or grave liner - digging and filling the grave
• The cost of a casket
• Headstone and Flowers
• The funeral procession
Burial life insurance is used to cover the funeral and burial costs of the policy holder. An individual who takes the time to plan ahead with the foresight to protect family from the hardship and burden of these expenses will also be helping with any other lingering demands.
Some of these expenses can include:
• Legal fees - such as taxes, probate and possibly more
• Doctor or hospital bills
• Debts - such as a car loan or a home mortgage, credit card debt or more
Most people who do not want to place the hardship or burden of these funeral and burial costs on their families will purchase burial insurance policies in advance. It is also the most helpful peace of mind for the person carrying the funeral insurance policy as they know their own wishes will be carried out.
Further, it can be a saving grace at a time when a family can least afford the costs and the final expense insurance provides the safety net that not only takes care of the expenses, it will relieve the family of stress related to planning all these details at the last minute and avoid conflicts regarding making certain decisions, from the type of casket to the headstone.
As a matter of most convenience, websites such as LifeInsuranceRates.com can provide all the relevant information as well as burial insurance quotes without having to go out and visit directly with a life insurance agent or broker. Aside from the peace of mind that a final expense insurance policy provides, it also features constant premiums that will never go up, accumulated cash value, and permanent life insurance coverage, which makes it a very wise investment decision for the future.