Burial Insurance or Funeral Insurance, is a whole life insurance policy designed to cover the expenses of ones burial or funeral. It is also called Funeral Insurance, or Final Expense Insurance. They are made for the purpose of protecting ones family from the financial burden that a funeral can be and almost anyone can qualify for these policies.
Losing a loved one is a difficult and trying experience. While many who have dealt with the loss of a family member or friend expected to experience grieving and sadness, many do not expect to also have to deal with the high costs associated with honoring the memories of a loved one. The costs of a funeral and its associated accommodations can cost thousands of dollars and can place unnecessary stress and financial strain on those who are coping with their loss.
Burial and final expense insurances are forms of basic life insurance that are more affordable and easier to obtain than traditional forms of whole or term life insurance policies. Additionally, final expense insurance will cover those who are beyond the age limits of a traditional life insurance policy, and at a much lower cost than life insurance as well.
Now with repatriation.