Why Should You Consider Getting a Funeral Insurance Policy?

by Golden Memorial A business that feels like a family

Do you want to tie all of your financial loose ends before you are not around anymore? If yes, then you must consider getting a funeral insurance plan.

Also known as burial insurance, funeral insurance is nothing more than a form of whole life insurance policy that pays out a small death benefit your beneficiaries can use to cover your final expenses, including the cost of the funeral.

Here are some of the key advantages of funeral insurance for seniors:

- With the right funeral insurance plan, you can prepay your funeral expenses and protect your loved ones from any financial burden after you are gone.

- You have the option to select affordable monthly payment plans. This helps a great deal in easing the financing burden, considering the median national funeral ceremony costs just a little over $9,000. Furthermore, insurance is scalable, which makes it possible for you to pay only what you can afford while ensuring loved ones receive some relief regardless of the chosen policy.

- Funeral insurance is easy to qualify for. Most funeral insurance companies will accept your application without subjecting you to intrusive medical exams.

- The process of making claims on the policies is simple as well. All your beneficiaries have to do is to contact the insurance company with the necessary documents. To make claims for the funeral insurance cover, your beneficiaries will need your death certificate, policy documents that were signed together with the schedule of the policy, and a completed claim form. Some funeral insurance companies can pay out the claims within 24 hours!

If you are looking for an affordable funeral insurance plan to save your loved ones from any added stress and financial burden when you are gone, get in touch with Golden Memorial today. Starting at $15 per month, Golden Memorial funeral insurance plans are the best way to take care of your loved ones when you are no longer around.