Is Burial Insurance the same as Life Insurance?

No, life insurance is not necessarily the same as a burial insurance plan.

However, life insurance policies can be used to provide the funds needed to help pay for your burial and funeral costs.

Usually, burial insurance will provide lifetime coverage which can be used to pay for the cost of your burial and funeral.

Many burial insurance policies offer guaranteed acceptance and there's no health exam required to qualify. Also, there's usually no health questions for you to answer.

On the other hand, regular life insurance offers higher limits of coverage than burial insurance which usually only offers up to $30,000 of protection. And, most life insurance plans will require you to take a physical exam in order to find out if you qualify to be insured.

Here's how you can learn more about burial insurance and compare plans today.