Wednesday, January 11, 2012

The Benefits Of Funeral Insurance

There are a few certain things in life and one of those is death. Reason dictates that to prepare for it is a prudent thing to do, since it cannot be foreseen nor prevented. Getting funeral insurance is one way of having that peace of mind, even in death.

Other benefits of being insured are listed below.

Financial security

Funeral insurance does not involve protection against an assumed risk; rather its purchase is tantamount to paying in advance a service to be rendered in a future time. This is a great way to wrap up your finances at the end of your life. This is to ensure that your dependents will somehow be financially stable to the extent of shouldering the funeral costs. Surely, no one wants to be a burden to their beloved, and this is the least you could leave them with if you were to have peace of mind.

It is also noteworthy to consider the increasing cost of funerals. The average cost of running a funeral is more or less six thousand dollars. This huge amount is a big chunk in the budget if released in lump sum. Funeral insurance allows the cost to be divided and paid in the span of up to 10 years, making it easier to pay.


In this moment of loss, emotions can easily get out of hand. This is why people going through the loss are badly in need of assistance especially in dealing with the funeral affairs. There are many aspects in a funeral, and some of them are not realized until the actual death. This may take the relatives by surprise and no one but experts in the field can handle the case well enough.

Funeral insurance covers services like burial expenses, funeral fees, probate, legal fees, casket and tombstones.

Reduced effort

As already pointed out, funeral insurance provides assistance in the administration of funeral. In effect, it will save the relatives a huge amount of time and effort in organizing the burial. This is helpful to the people coping with the loss, given that the situation is already burdensome without the hassle of preparing for a funeral. This will ease up a stressful atmosphere and will make dealing with the situation easier.

Control and organization

One of the reasons why the insured purchased funeral insurance is to exercise control over his own funeral. Through funeral insurance, an individual is able to make known his wishes or preferences with regard to his funeral, perhaps a church in mind or a favorite theme. People have different preferences, and funeral insurance guarantees just that- wish fulfillment.

However, the emotionally challenged relatives may find it hard to carry out such wishes because of the emotional trauma of the loss. In this case, a good preparation ought to suffice.

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