What is Social Security Burial Insurance?

The Social Security Administration provides a one time lump sum payment to those qualifying for social security burial benefits.

If your spouse or parent had enough credits based on the number of years they contributed to making tax payments then you may qualify to receive the $255 one time payment for burial benefits.

However, this amount won't cover the entire cost of a person's burial and funeral expenses. According to the National Funeral Directors Association, the average cost of a funeral is around $7,000.

That's why so many people who have not saved enough money to provide for this final expenses choose to purchase a burial insurance plan. That way, your loved ones don't have to suffer any financial burden of paying for your funeral and burial.

In addition, to burial benefits from the S.S.A., you may qualify to receive monthly survivor benefits which may exceed $500 per month or more.

Learn more about Social Security Burial Insurance Benefits.