Similar to burial insurance, funeral insurance is a policy taken out which will help you set aside money in advance for your future funeral service. Something that people take on to help lighten the burden when it comes to funeral expenses. The aim of preneed funeral insurance is to help cover the costs of a funeral service or to help pay for the church.
It can also be used to help keep the price at a fixed rate, as it will protect you and your loved ones from inflation rises and the potential rising costs of a funeral service.
With funeral insurance, the way the policy is set out is that at the time of your passing, the cover which has been taken out will be released to right away to the funeral home (this is who would be your assignee). This would ensure the costs are covered without delay as the money has been received directly by them.
If you would like to learn more about our funeral insurance policies, please do get in touch via the form below or for visit our aquamation information
page for more on the eco-friendly burial services we can help provide.
Senior funeral insurance is an option for people above the age of 60. Rates for seniors differ according to age, gender, the amount of coverage desired, and even whether or not you answer health questions.
Policies typically offer people between $5,000 and $20,000 in benefits. Some funeral insurance companies have a maximum age limit on those to whom they offer plans. Many consumers settle on around $10,000 worth of compensation regardless of their age, so they can help offset their funeral costs.
There are many reasons for you to get a quote. Funeral insurance can help you reduce the burden on your family and loved ones for end-of-life costs. They can have a tax-free death benefit. This will reduce a lot of stress for them while they plan the funeral.
You can qualify for most funeral insurance quotes up to the age of 85. It’s best if you get funeral insurance no matter if you are going for a traditional fire-based cremation or a water-based cremation.
Thanks to the lenient underwriting process, you can easily qualify for flameless burial or cremation insurance. You will still be eligible for this plan if you have any pre-existing health conditions since it does not require a medical test to get coverage.
You just need to address some simple queries about your health. The application can be carried out online or over the phone. The approval time is relatively short after you apply.