Many people are looking into burial insurance. Similar to life insurance, you’ll name a beneficiary to receive these funds upon your passing. The mere reason for burial insurance is so that your funeral expenses are paid for. The average funeral now costs $10,000 in 2014 and is expected to rise by small amounts over the coming years. Take a bit of stress and frustration off of your family members by having this insurance available.
Less Financial Stress
It is a very tragic time when a family member or loved one passes. The list of things to do seems to be never ending. You have enough to worry about with finding places for out of town family to stay, finding the right outfit to wear to say goodbye, setting up a gathering after the service and of course, finalizing the funeral arrangements. Having the burial insurance in place helps the family to have funds to help each other get to the central location, purchase items for a gathering of friends and family and to carry out their own personal financial obligations and unexpected purchases.
Making Burial Arrangements is Easier
If you are aware that you are ill and that the time to say goodbye is coming near, consider making your own arrangements while you’re able. Inform the funeral home director that burial insurance exists and provide them with information to aid the family in obtaining the funds.
Funeral directors do more than just make sure arrangements are made and carried out properly. They also help the family through difficult decisions and offer support.
More Time to Talk about Happy Memories
After your passing, the family needs time to grieve and come together. Sharing happy memories and celebrating your life are what matter the most. This time will be available when the family doesn’t have to worry about how to pay for the funeral costs. It isn’t any easier emotionally, but somehow, lower financial stress helps the celebration of life to be a little easier.
Many consumers neglect to look into burial insurance. Sometimes term life or other type of life insurance isn’t available due to health conditions or age. It is a good idea to consider your options and look into the cost of burial insurance. Consider getting a little more than you think you need, there’s always an extra expense somewhere. The burial insurance helps family members to have less worry overall.