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Did you know that the average funeral price has risen about 3 times more than inflation since 2004?
Funding for a funeral or cremation can be a significant source of tension for mourning families. And when families cannot afford a burial, the number of unclaimed bodies goes up, which occurred during the last recession.
Because we don’t know what the future holds, we need to be prepared for it in the best possible way. This includes being informed about burial costs in advance and learning how to save on these costs.
A September of 2020, a study found that the average burial costs about $7,000 to $10,000. This does not cover the additional costs involved in purchasing flowers, catering for the funeral, helping visitors attend, and handling estate costs. Therefore, staying informed about the options remains very important.
One possibility is to set up a prepaid funeral plan with a funeral home. Still, several uncertainties come with doing this: funeral homes sometimes mismanage their finances. As a consequence, what you bought may not be available at the time of the burial. Also, your plan will no longer be valid if you move. Besides, prepaid funeral plans aren’t regulated to the extent that burial insurance is.
A better option to look at is a low-cost burial insurance plan ahead of time. This will protect your family from spending what they cannot afford while saving them from the stress involved in financial matters. Even if you have a life insurance plan, you’ll want burial insurance for several reasons. Today most people still underestimate the amount of insurance they’ll need. They also think there are strict health requirements. Today’s insurance companies accept just about any health issue.
Burial Insurance coverage is a type of simplified issue whole life insurance. This means that large insurance companies secure the coverage amount, and the government regulates and enforces the payout. Additionally, Burial Insurance Plans have no required medical exam, pre-existing conditions are no problem, and coverage doesn’t expire. Your price will never go up.
Burial insurance is affordable, and it’s easy to set up and straightforward. You’re able to lock in a payment that works for you, and it covers about $5,000 to $50,000, depending on the plan that you pick. Burial Insurance plans also come with a 30-day money-back guarantee—no risk.
What’s the next, you ask? Just fill out the form to get Burial Insurance rates from the Best Burial Insurance companies. No more shopping, talking to endless insurance representatives who try to strong-arm you into a plan you don’t need or wasting money on a high price Plan.
Get a quote and see who provides the best burial insurance coverage. Which company will give you the best rate?
Step 1) Select your state.
Step 2) Pick your desired coverage amount.
Step 3) Since the price is based on your current age, we will need your Birthdate.
Step 4) You’ll have the chance to compare all the rates in your area — the savings can add up to hundreds or thousands of dollars.