Funeral Expense Insurance – Funeral Expense Insurance Will Save Your Family A Whole Lot Of Trouble
Young children look forward to their birthdays. They feel proud about growing older as they will be able to behave like grown-ups and imitate them. As they grow older birthdays remind them of mortality, that everything has to come to an end and that we all have to die when our time on earth is up. We normally try to ignore the fact that we are going to pass away and that people will attend our funeral. But expiring without being covered under Funeral expense insurance will result in a hard time for the family members of the departed soul.
Have you any idea how much a casket costs or what the cost of a simple funeral ceremony would be? If not, do it now. Better late than never. You will be shocked to learn that the prices of all the accessories required for a burial and other arrangements would run into more than a thousand dollars each. If a person dies suddenly without being covered under Funeral expense insurance his family would have to run around in order to arrange for money to pay for the expenses. Also, the family members will not know what the dead person’s wishes were and what type of a funeral he/she wanted.
In moments of sadness the members of the family or friends would not be able to take simple decisions on flowers, food, music and so on. If you want your burial ceremony to be conducted in a particular way, funeral expense insurance will take care of that. Various companies offer different types of insurance to choose from. Companies that are small have policies that can be tailored according to individual demands. Companies that are large have policies that are affordable but will not give you personalized attention. You can go online and compare the quotes of different policies before deciding on one that will meet your requirements.
You just have to pay a lump sum amount of money for your funeral arrangements. After your death the amount will be paid to your surviving family members that will help them to organize your funeral as per your wishes. It will provide peace of mind for you as well as your family. A graded benefit plan gives the death benefit over a time span of a couple of years or more. If a person expires in the first year his family will receive only 30% of the benefit. If he passes away in the second year his family will be eligible for 70% of the amount. After two years, the beneficiaries will receive the entire amount.
In case of death due to accident the entire benefit is given immediately. Nearly everyone is qualified for this plan. If you have not been able to buy a funeral expense insurance because you want to invest a small amount a graded plan will bail you out. It is available for people in the age group of 50-85. You could invest three thousand to twenty five thousand dollars. You need not undergo medical tests in order to enroll for a graded plan. It is an insurance that has cash value. You get graded benefits that are paid entirely after two years.
University of Pitt Graduate 1984
Owner/Founder of Williams Agency in 1986
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