What is Burial Insurance & Why Do You Need it?

People plan for Will but often ignore Burial insurance. Burial insurance which is also known as final expense insurance is the only sensible and inexpensive way for you to make sure that your near and dear ones won’t have to pay for your burial and other final expenses such as legal costs, debts left behind, and funeral or cremation expenses out of their pocket. The insurance coverage will give them one less hassle to worry about during a trying time.

It is not pleasant to think about death, let alone one’s own. But it is a certainty and no one can evade it no matter how big or small. The least that you can do is leave traces of good feelings behind.

It’s not as if your family cannot pay for your burial but they will think about you ever so fondly when they realize that you have thought about them to the minutest detail. Remember, more than how far you have traveled, it’s the footprints that you leave behind that counts. Below are some more reasons why you need to opt for Burial insurance in Texas.

Funerals are expensive

The cost of an average funeral can run up to thousands of dollars. Burial insurance will give your family a convenient payout so that they can easily cover the cost of your funeral without having to withdraw much from their savings. Depending on the policy, your family can receive as much as $30,000 to cover for your funeral. They will get a check to pay for everything.

Life Insurance may not cover everything

People sometimes don’t buy burial insurance because they already have life insurance. If your life insurance policy is a term life policy, then it will expire after a certain period of time and you will receive a payout which you and your family may spend. But burial insurance never expires. Your family is guaranteed the money from the premium at the time of need.

If you bought a life insurance policy, will it cover your final expenses?

Even if it can, you would want your family members to spend the life insurance money for their own needs and not to pay for your burial. With Burial insurance, they would be able to spend the life insurance money as they wish but will also be able to bury you with dignity.

Burial insurance is affordable

Burial insurance is much more affordable than other insurance policies. In spite of having another insurance policy in place, you can still go for burial insurance. There are a lot of options out there that will suit your needs and your budget. It’s a small price to pay to ensure that your near and dear ones get the protection that they deserve.

Applying and Qualifying for burial insurance is easy

It doesn’t require you to do a mountain of paperwork to apply for Burial insurance in Texas. Most burial insurance policies have a 2 to a 4-page application to fill-up. All you have to do is give some stats and answer a few health questions. Your agent then can quickly calculate the premium that you would need to pay and give you cover. You can also apply online to a burial insurance company. To avail of the insurance, you will not need to undergo any medical evaluation. You don’t need to be in perfect health to qualify for burial insurance either.

Gives you peace of mind

If you have burial insurance, you will know that your final expenses are taken care of. Also, if you have any wishes about how your funeral should be, you can plan it with burial insurance. An affordable monthly or yearly payment and a waiting period of a few years will give you peace of mind.

Conclusion

Some people have prepaid funeral arrangements through their funeral home. But these plans would only cover the cost of your funeral. They do not provide funds to cover additional costs or debts. Burial insurance in Texas would not heal the heartbreak of your death but for your loved ones, it will be your goodbye message.

So have you opted for Burial insurance yet? Do you’ve any questions? Please feel free to leave your comments below.


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