Monday, January 6, 2020

What is Funeral Insurance?


Funeral insurance is a type of permanent life insurance plan that provides a limited amount of insurance to pay for your final expenses, including the cost of your funeral and burial.

Usually, these funeral plans are guaranteed issue, which means you will not have to take a health exam or answer any questions about your health.

Many funeral policies offer from $3,000 up to $20,000 of life insurance protection.

Approval for funeral plans may be guaranteed, but the age requirements for guaranteed acceptance will vary by insurance carrier.

You may be able to buy a funeral insurance policy for yourself, your spouse, and/or your parents.

Learn more about how funeral insurance works.

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