What is Funeral & Burial Insurance?
Have you ever thought about what would happen to your family if you passed away? Most people don’t consider the amount of debt they will leave behind for their families when they pass away. Typically, people think about the emotional grief their families will experience, not the financial grief.
It’s important to take time to consider what your family would do without your financial support. When you pass away, your family will be lacking your income contribution, and because of that may be unable to take care of regular expenses and monthly bills.
Another thing to consider when planning your family’s financial future is the cost of your funeral and burial. Many people do not realize that a funeral and burial combined can cost tens of thousands of dollars, a huge expense for many Americans.
When death is unexpected and finances are unplanned for, funeral and burial expenses can be overwhelming and impossible to pay for. Families are left financially distressed after the death of a loved one every day. Funeral and burial expenses leave families in debt, and other accompanying final expenses burden families even further. It can take years for a family to recover financially, if at all.
Other final expenses that families take on, in addition to funeral and burial expenses, are things like medical bills, legal fees, other debts and mortgage payments. With appropriate planning, you can protect your family from the financial stress caused by your final expenses. With funeral and burial insurance, you can ensure that your family will not suffer financially from your burial costs and outstanding debt.
Funeral and burial insurance provides coverage for your family when they need it most. You will be able to have peace of mind, knowing your family will not be held responsible for your financial debts or funeral or burial expenses. Removing the financial stress from the funeral and burial process through final expense insurance will allow your family the time they need to grieve your passing, without the worry of money and debt.
Take time to plan for your family’s financial future today so that they can have a brighter financial future.
For more information about final expense insurance, contact us now to speak with a qualified specialist and get your free quote!
Note: Not all benefits are available in every state. Please ask your insurance specialist for more details.