Final expense and burial insurance are not the same, but they can both cover funeral costs—final expense, however, covers a bit more. What Is Burial Insurance? The coverage included in burial insurance is essentially in the name—funeral, burial, and service costs, essentially every expense involved in the arrangements of the policyholder’s funeral. On average, funerals …
If you fear that your family member is approaching the end of their life, you may be concerned about how you will pay for their funeral expenses. Final expense insurance, or burial insurance, is a great solution to this common issue. If your family member doesn’t already have this form of coverage, you may want …
Can You Purchase Burial Insurance For Other Family Members? Read More »
Burial insurance is an excellent way to plan ahead and greatly reduces the financial burden burial can cause. Burials can be expensive, and there may be more costs associated with them than you realize. Buying burial insurance for your parents can provide you with the peace of mind that comes from knowing you’re prepared and can provide …
Burial insurance is sold through private insurance companies. Let’s discuss applying for burial insurance and what you should keep in mind when going through the process. Apply with a Private Company. Or Through an Agency Like Us! Applying for burial insurance is an important decision, but the application isn’t the first step of the process. Before …
Defining green burial A green burial is an environmentally friendly alternative to traditional burials. The caskets used in traditional burials are often made of wood that is the result of deforestation. Embalming fluids also contain chemicals that will degrade into the soil and cause environmental harm. Hence why green burials do not feature embalming. In …
Burial insurance not only covers the costs associated with burials, but it can be useful for other debts your family may face after your death. By considering burial insurance, you are considering a safety net that can be financially useful for your loved ones so they are not left with big financial costs. So, is …
Burial and funeral planning are a key part of any long-standing financial plan. While both can have high costs, burial insurance can help your loved ones sustain the expenses — so they don’t feel overloaded. We’re going to talk about some of your best options for burial insurance. But first, we’ll answer some common questions. …
Cremation procedures have become as ordinary as traditional burials in the U.S. The surge in cremation results from many factors: lower cost, more personalization, flexible timing, and reduced religious affiliation, among other things. Final Expense Direct explains how the process works, and we identify the different types of cremation. We hope this information helps you …
From costly prescriptions to frequent hospital visits, the final years of someone’s life can be the most expensive. When a parent passes away, surviving loved ones may not have the funds needed to handle the end-of-life expenses left behind, such as: Medical bills Hospice care Funeral arrangements For this reason, many people decide to purchase …
Buying Burial Insurance for Your Parents: What You Should Know Read More »
Final expense or burial insurance is a basic kind of life insurance coverage. Some life insurance types contain some waiting periods, which usually occur the first two years after you activate a policy. However, most people seeking final expense insurance can qualify for a plan that has no waiting period. What Is a Waiting Period? …
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Final Expense Direct’s utmost concern is the safety of our clients, their families, and our employees and agents. Our hearts, thoughts, and prayers go out to all that the Coronavirus outbreak has touched and those whose lives have been disrupted. While 98% of our workforce is working remotely, we are here if you need assistance. If you are a client, please contact Customer Support at 800-538-3610, Ext 2, with any questions in regards to your policy. You may also contact us via email at customerservice@finalexpensedirect.com. We will continue to monitor this situation and keep you updated.