What is burial insurance?

Burial insurance is often a whole life insurance policy with a death value of between $5,000 and $25,000, sometimes referred to as “burial insurance.” Funeral and burial fees are the primary reason individuals acquire this sort of protection. Without undergoing a medical exam, you may get insurance coverage by answering a few health-related questions on the application. It is possible to get a burial policy that covers either one individual or the whole family.
Funeral homes in certain states may market burial insurance, but it is mainly sold by insurance brokers and agents who are licensed to sell life insurance. The pre-payment of your funeral preparations is a similar approach to burial life insurance (or “pre-need” insurance). Funeral homes, service types, caskets (or cremation), flowers, headstones, plots for burial, and other costs associated with a funeral may all be selected and pre-paid for via this program.