You can’t avoid death, and it’s important that you plan for the worst. Not planning for your death is one of the worst things that you can do for your loved ones. It would leave you family with debts and challenging decision.
There are several different factors that you need to consider when you’re planning for the terrible time. The most important thing to consider is what you want with your body after you pass away. While the traditional idea is to have a memorial service and then a graveside burial ceremony, there are more and more people that are deciding to go with a cremation instead.
Advantages Of A Cremation
One of the most common reasons that people decide to choose cremation instead of burial is because of the costs. Cremation is going to cost less than half of what a traditional burial is going to cost. A cremation can cost anywhere from $1,500 to $4,000. While a burial, on the other hand, can cost up to $10,000, but it can easily reach $20,000 depending on where you live and your preferences.
If you’re looking to save money after you pass away, one of the best ways to do that is to choose a cremation process instead. While most people don’t know it, there are several kinds of cremation process that you should be aware of when planning your funeral.
One common type is a direct cremation, which has a unique difference between some of the other kinds. With a direct cremation, the body is taken directly from the place of death to the crematory. A direct cremation doesn’t have any ceremony before the cremation. If you’re looking for the most affordable plan, this is going to be the best option.
With other types of cremation, the body will be taken to a funeral home so the family and friends can have a memorial service before the cremation. The indirect cremation is going to cost much more because of the additional transportation and the casket for the viewing, and several other related costs that can add up to hundreds or thousands of dollars.
Burial Insurance vs. Life Insurance
It’s vital that you get the perfect insurance policy to meet your family’s needs. There are several different factors that you should consider to ensure that your family is getting the best plan for them. Most people assume that they need a life insurance policy, but they older that you get, the most that a life insurance plan is going to cost. One of the best ways to get an affordable plan for your family is to purchase a burial insurance policy instead.
The main difference between a burial insurance plan and a life insurance plan is the amount of coverage that they provide. With a traditional life insurance plan, you can apply for millions and millions of dollars of coverage, but with a burial insurance plan, you’ll onlybe allowed to get around $25,000 of insurance. This is one of the most important things that you should be aware of when shopping for coverage, you’ll need to calculate what your life insurance needs are.
The first thing that you should consider is your debts and final expenses that you would leave behind to your loved ones. The primary source of any insurance plan is to give your family the money that they need to pay off those debts and ensure that they aren’t left with a mountain of debt. Add up all of your debts, and if you only have a marginal amount of final expenses, then you can purchase a burial insurance plan instead.
The next factor to consider is your paycheck. The secondary goal of your life insurance plan is to replace your salary if something tragic were to happen to you, especially if you’re one of the primary income earners in your household. If you don’t have anyone that relies on your paycheck every month, you can consider getting a burial insurance policy.
Another group of people that can benefit from a burial insurance policy is anyone that can’t be approved for a traditional life insurance policy. With a traditional life insurance plan, you’ll be required to take a medical exam, which will determine if you’re approved for declined for coverage. With a burial insurance plan, you aren’t required to take a medical exam. If you’re in bad health or have several pre-existing health conditions, this could be an excellent way to get affordable coverage that your family deserves.
It’s vital that you give your family the protection that they need if something tragic were to happen to you. You never know what’s going to happen tomorrow, which means that you shouldn’t wait any longer to start the insurance process. Our agents can help connect you with the perfect plan to meet your needs.
We are independent agents, which means that we work with dozens of highly rated companies across the nation and we can bring all of the best insurance rates directly to you. Don’t waste dozens of hours talking to different companies, let us do all of the hard work for you.
If you have any questions about burial insurance plans or about the different options that you can pick from, please contact one of our agents today. We would be happy to answer those questions and ensure that you’re getting the best plan to meet your needs. It’s our mission to help connect you with the best plan to give your family the insurance that they need.