Friday, December 14, 2018

Death Insurance for Funeral Expenses


Can I get death insurance to cover my funeral expenses?

Yes, there are life insurance plans (death insurance) that can provide the money needed for your loved ones to pay for your burial and funeral expenses.

Usually, these are whole life insurance policies with "guaranteed approval" for people who meet the age requirements.

Since they offer guaranteed approval, there is no physical exam needed, and no questions asked about your health.

The average cost of a funeral and burial today is around $8,700 - and funeral death insurance usually offers up to $20,000 of coverage.

Some life insurance carriers offer guaranteed acceptance for anyone ages 45 to 85.

Here's how to get death insurance for your funeral expenses.

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