Funeral insurance is the type of insurance that protects your family financially when you pass on to the afterlife. Funeral insurance, also known as burial or final expense insurance is a cheap way to protect you from all the expenses that come with burials.
We’ve covered the very basics of funeral insurance and now we will tell you why it’s smart to have it.
Contents
1. Funerals can be very expensive
If you’ve had to bury someone close, you would know that funerals can be quite expensive, especially if you want to give them the proper sending off. Funeral expenses can cost up to $10.000! Why should you leave your family to pay for it all when you can get funeral insurance and have them pay it for them? It’s a nice final gift to give to your loved ones and a thoughtful one.
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2. Life insurances don’t cover all the cost
Many people have no idea what their life insurance can and can’t do for them. Most life insurances expire after you reach a certain age. Life insurances are great insurance policies; however, they don’t cover it all. Many think that life insurances cover everything from injuries to sudden death. However, many don’t because some policies may no longer be in force. Funeral Insurance Spain offers insurances that will cover all the costs that come with funerals such as the funeral bill, burial plots, caskets, flowers, and more.
With funeral insurance in place, your family will be guaranteed to receive the premium after you’ve passed on. It gives your family the option of the last gift and the option of burying you with dignity.
3. They are fairly cheap
Funeral insurances are very cheap and can cost only a small sum of $1.000! When you consider all the costs that come with funerals, having to pay $1.000 and get a return of up to $10.000 can be considered a great value. It is a small sum to pay, considering the returns your family will get.
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4. Funeral Insurances are easy to apply
Many people resent the thought of having to take the time off to get covered. However, not many people know that all it takes is 30 minutes of your day to get covered. Unlike most types of insurances, funeral insurance involved up to 4 pages application. While applying for your funeral insurance, your agent will ask a few health orientated questions, he will inquire about your vital stats, and based on that he will give you a fair rate. 30 minutes to an hour is what separates you from having no insurance to being covered in the case of your unwanted death.
5. Funeral Insurances are easy to QUALITY
Many people also fear that their application might get rejected and they fear the medical examination. However, with funeral insurances, there is no medical examination and all you have to do is answer a few health-related questions. Funeral insurances are very easy to qualify; even if you don’t pass the interview with flying colors you will still be eligible for one. Another thing to consider is that most funeral insurances can be given to people well into their 80’s, so you don’t have to worry about being too old.
