Nobody wants to plan for his or her own death, but it’s one of the most important things that you can do. It’s the best way to ensure that the whole process is easier for your family. When you’re planning for the tragic day of your passing, there are dozens of different factors that you’ll need to account for to ensure that your family has all of the information and protection that they need.
While most applicants don’t know it, there are dozens and dozens of different decisions that have to be made when planning a funeral. It’s much more than only picking out a casket and deciding on floral arrangements. If you didn’t pre-plan your passing, your family are going to have to make all of the difficult choices themselves, which can make the process much more frustrating and painful. When our clients start preparing for their funeral, they often have a lot of questions about burials and burial vaults. It’s vital that you understand all of the different components.
What Is A Burial Vault?
A burial vault is a sealed outer container that the casket is placed in when it’s put in the ground. Although some people may not know it, the casket isn’t just placed in the ground like it once was. If the casket doesn’t have any protection from water or the weight of the earth, it’s going to decay and break. The purpose of the vault is to prevent this from happening.
There are dozens of different types of burial vaults that are available to purchase, and each of them is going to be made with different kinds of lining and will offer varying levels of protection. The price for the burial vault is going to depend on which state that you live in and which type that you choose to buy.
There are a lot of cemeteries across that country that are going to require that you purchase one of these to ensure that they don’t have any complications with their grounds maintenance in the future. Burial professionals say that using these vaults has made cemeteries much safer through the years by preventing any soft spots in the ground that can cause holes.
While purchasing a burial vault, either because you’re required to, or you want to, isn’t going to break your bank. You should be aware that it’s an additional fee that you may not have accounted for when looking at all of your final expenses. It’s important that you don’t leave your loved ones with a massive amount of debt.
Burial Insurance Plans
One of the best ways to offset those costs and ensure that your loved ones have the money that they need is to purchase a burial insurance policy. These plans are just like a traditional life insurance policy, but they provide a much smaller amount of coverage. While everyone usually assumes that they need a life insurance plan, some people can take advantage of a burial insurance plan instead.
When deciding which kind of policy is going to work best for you, there are several factors that you should consider. The first one is your health. With a traditional life insurance plan, they are going to require that you take a medical exam before they accept your application. If you have several pre-existing health conditions or you’re in poor health, they could decline your application, which would life you without life insurance protection. With a burial insurance policy, there is no medical exam, which means that regardless of your health, you can get coverage. That also means that you’ll be able to get insurance coverage much quicker than you would be able to with a regular life insurance plan.
The next factor that you should consider is your debts and other final expenses. If you were to pass away tomorrow, your loved ones would be responsible for all of your debts. If you still have a large amount of debt because of a mortgage or car payment, then you should apply for a traditional life insurance policy. On the other hand, if you don’t have a massive amount of debt, then you can purchase a burial insurance plan instead.
The next factor to consider is your monthly paycheck and if anyone relies on your income. The secondary goal of your life insurance is to replace your salary if something tragic were to happen to you. If you don’t have anyone that needs your paycheck for necessary expenses, then you can purchase a burial insurance policy and save money on smaller insurance premiums.
Burial Insurance – What You Need To Know
It’s vital that you get the perfect insurance policy to meet your family’s needs. Regardless of which types of insurance policy that you choose, you need to ensure that they will have the money that they need if you were to pass away. If you don’t have an insurance policy, your family will be left with a giant hole of debt and no way to get out of it. This can make an emotional situation a thousand times worse by adding financial strain.
Because you don’t know what’s going to happen tomorrow, you shouldn’t wait any longer to get the insurance coverage that they deserve. If you have any questions about burial vaults or the different kinds of insurance policies available, please contact one of our agents today. We would be happy to answer those questions and ensure that you’re getting the perfect plan to meet your needs at an affordable rate. We know that finding the perfect policy can be a long and frustrating process, but it doesn’t have to be, we are here to help.