Monday, February 23, 2015

What Is The Best Life Insurance For Funeral Expenses?

I want to get life insurance to pay for my funeral expenses, but I'm not sure which life insurance to get.

Whole life insurance is usually the best type of life insurance for funeral expenses.

There are many Whole Life insurance policies that can now be purchased with no medical examination required, for a small face amount of life insurance coverage that works perfectly for covering the cost of a funeral.

The death benefit of the whole life policy is left to your beneficiary, so, for example, if you changed your mind from being embalmed to being cremated, the extra money can go to pay off your other bills.

When you buy permanent life insurance, you don't have to worry if it will be in effect at your death as it is guaranteed lifetime protection, so long as the premiums are paid.

Some of the leading insurance companies offering funeral expense insurance plans include United of Omaha, Met Life and Colonial Penn.

Here's how to get life insurance for funeral costs and final expenses.

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