How to Get Burial Insurance

How to Get Burial Insurance


Since a typical funeral costs at least a few thousand dollars it is important to think of your family and what will happen when you die. If you feel that you’re ready to get burial insurance, you should know what you are getting yourself into and be at least a little educated on how to go about things.

What Is Burial Insurance?

 Before you start looking for a policy that is right for you, it is important to know what burial insurance is. You may be wondering why you need burial insurance and how it differs from a traditional life insurance policy. There are a few differences between life insurance and burial insurance. For starters, burial insurance is much easier to obtain than life insurance and is typically more affordable. In addition, when you die, the money from your life insurance policy may be spent on anything. This means your beneficiary could skimp on your burial service just to keep a little extra for themselves, but not with burial insurance. The money from your burial insurance policy can typically only be spent on funeral related costs, ensuring you have the funeral you deserve.

Find a Company

 Once you have made the decision to buy burial insurance, it is time for you to start your search for a policy. There are a few ways for you to go about this, and the most efficient may be the internet. By searching over the internet, you have the ability to get quotes from multiple companies in a short period of time, and you never even have to leave your home. Before you make your final decision over the internet, you should always make sure that the company you are dealing with is a good one. You can do this by checking with the Better Business Bureau, looking at reviews online, or talking with friends and family. If you prefer face to face interaction, there is always the option of finding a local insurance company and making an appointment with them. This process may take longer, but if you are more comfortable dealing this way that’s all that matters. Purchasing a burial insurance policy is a big deal and should be treated with caution in order to protect yourself.

Pre-Plan

 It may seem strange, but be prepared to pre-plan your funeral. Pre-planning your funeral will help give you an idea of what type of policy you should be looking into. Once you have done this, you should save your plan for your family to use in the event of your death. Losing a loved one is a difficult process that is only made worse by having to make decisions for the funeral. There are all kinds of important decisions your family and friends will have to make, when all they want to do is grieve. Pre-planning your funeral may feel odd, and you may not like it, but take comfort in the fact that you making things easier on your loved ones.

Choose Your Beneficiary

 When purchasing a policy, you are going to have to place someone as the beneficiary in the event of your death. This person should not only be someone that you trust, but someone you can count on to get the job done. Losing someone you loved is a tough thing to go through, and it will take a special kind of person to be able to make the decisions needed to get your funeral together.




Insurance: A Guide

"Remember kids, I have life insurance" - Adam Savage

This is a guest article from Tatyana Levin

These days one must be financially savvy. Money is not easy to come by and should be managed carefully. With the availability of tools that make it easy to keep track of current events, the stock market, and even your own money, it would be almost a crime to not utilize these tools to make the best and most informed financial decisions. Unfortunately, the more there is, the more there is to keep track of. This applies both to tracking tools and money (the small curse within the comfort of having money to keep track of).

 The savvier ones of us dabble in investments, and the savviest make their living that way. The key is that they know what to invest in. Not magically, of course; investors do a significant amount of research to learn how to optimize their portfolios, but they have the understanding.

A grossly overlooked investment is insurance. This may be because is not typically referred to as an investment with the exception of whole life insurance that has a specific investment component within it. Webster’s defines the word “invest” as a commitment of money for a return and “insurance” as a guarantee. This makes insurance the safest type of investment, because your returns are guaranteed.  But returns are not always financial in the case of insurance. They can be, if there is an unforeseen accident, but the most certain return is the feeling of security.

Now there are many different types of insurance, and what you need depends on your current situation. Obviously you only need auto insurance, found using auto insurance leads if you have a car, and you only need renter’s insurance if you rent and have possessions that you would need insured. Insurance is for those who have something to lose. With an attachment to something, either emotional of physical (or dependence, not like physically being glued to your car), comes the fear that it will be damaged or ruined in some way. For example, if your house caught on fire, you would be devastated. What would add insult to injury is not having a way to recover from this horrible disaster.

 These types of examples are not unique to this article. That is the way that insurance is sold. As they say that clichés are clichés for a reason, insurance is promoted this way for a reason.  The foundation of the concept of insurance is uncertainty, and it is the same uncertainty that is conjured up when investing.

The main difference between insurance and investment is that not having insurance creates a feeling of uncertainty while investments by nature are uncertain. Therefore, investing in insurance creates security and is the only secure investment that exists (and is legal). Getting insurance should be one of the easier financial tasks if you apply all the resources available with technological advances like smart phones.

About the Author: This article was written by Tatyana Levin, a copywriter for InsuranceFiles.com