Get burial insurance, regardless of health



Pre Planning For Your Funeral: Burial Insurance


There are several ways you can go with pre-planning your funeral. You may have been offered a prepaid funeral. The author feels the lowest cost route is to pre-plan (not prepay) as early as possible, for several reasons:

  • Prices may drop
  • You may move, getting locked into a plot
  • There can be administrative fees with a pre paid plan
  • You may not be able to get a refund
  • Products may be damaged or of inferior quality

Benefits of Preplanning Include:

  • The persons health will probably be better, giving you more options in terms of insurance
  • Less stress since a plan is already in place at the time of death
  • There's time to shop around
  • There is time to change the burial plan, as location and finances change
  • You can overcome any waiting periods before the person qualifies for a full death benefit

    You may want to buy a policy large enough to cover:

    • Inflation (if the person is younger)
    • Headstone
    • Funeral home expense
    • Flower Arrangements
    • Burial Plot
    • Minister
    • Doctor Bills
    • Casket
    • Small Debts
    • Misc. Expenses
    The average funeral can run as high as $8,000. The maximum amount you may be able to buy is $50,000, and that is with answering some health questions. No questions asked policies may have maximums of from $5,000 to $20,000. Go here to look at the differences.

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