Thursday, June 28, 2018

Burial Insurance on Members of My Family?


Can I buy a burial insurance policy on family members?

Yes, in fact, you may be able to buy burial insurance on more than one family member.

For example, you may be an adult and have elderly parents who have no money saved to pay for their burial costs.

Many adult children purchase burial policies for their parents, so their parents can have a respectable funeral and burial upon their passing.

Or, if you have a sibling who relies on you for financial support and may not have funds set aside for his or her final expenses, a burial policy can help you cover the cost upon your sibling's death.

Here's how you can learn more about burial insurance for members of your family.

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